Case Study: Baxters Food Group streamlines forecasting and reporting with Version 1’s Oracle cloud solution

Baxters Food Group cuts 4-day financial reporting effort with Version 1

Baxters Food Group, a Scottish food manufacturer, needed to streamline its finance systems after a period of rapid international growth. Their existing processes relied on legacy Hyperion systems and complex Excel models, which were error-prone and disconnected. They engaged Version 1 to implement a modern cloud planning solution to overcome these challenges.

Version 1 implemented Oracle EPM Cloud Planning and Oracle Business Analytics applications, using the Cloudbridge Suite for data integration. This new solution provided Baxters with automated, narrative-rich reporting and significantly improved forecasting accuracy. The results included reduced planning cycle times, lower stock wastage and procurement levels, and increased operational efficiency, enabling better decision-making across the business.

Baxters Food Group