Oracle EPM Analytics Company Customer Case Study | Circular Edge

Transforming Enterprise Planning at Top Data Analytics Company with Oracle EPM

Enhancing Enterprise Planning and Reporting at Top Data Analytics Company through Oracle Enterprise Planning & Budgeting: Challenges, Solutions, Results, and Key Benefits Achieved


Top Data Analytics company faced a series of challenges prior to implementing Oracle Enterprise Planning & Budgeting:

  1. Aligning with Acquisitions: The need to align the planning process with the requirements arising from recent business acquisitions.
  2. Multi-Currency Support: Providing support for multi-currency planning and constant currency analysis to accommodate the evolving business landscape.
  3. Capital Expense Planning: Establishing robust capital expense planning capabilities that are interconnected with consolidated financials.
  4. Enhancing Planning Techniques: Introducing driver-based planning techniques to simplify and optimize the planning process.
  5. Detailed Forecasting: Delivering detailed forecasting with improved frequency for more accurate insights.


The Top Data Analytics Company, in partnership with Circular Edge, devised comprehensive solutions to tackle these challenges:

  1. Business Alignment: Oracle Enterprise Planning & Budgeting was chosen to seamlessly align the planning process with the evolving business landscape due to acquisitions.
  2. Multi-Currency Support: The new solution facilitated multi-currency planning and constant currency analysis for better financial insights.
  3. Capital Expense Planning: The implemented system provided integrated capital expense planning capabilities connected to consolidated financials.
  4. Driver-Based Planning: Driver-based planning techniques were introduced, streamlining and simplifying the planning process.
  5. Enhanced Reporting: A drill-through report to journal-level detail in the source system was built, improving reporting accuracy.
  6. Improved Forecasting: The solution offered detailed forecasting with enhanced frequency, providing more accurate future predictions.


The collaboration between Top Data Analytics Company, Circular Edge, and Oracle yielded significant results:

  1. Faster Planning Cycle: The annual planning cycle time was reduced by 20%, boosting operational efficiency.
  2. Enhanced Forecasting: Forecasting capabilities were made available for the first time, enabling better strategic decision-making.
  3. Real-Time Consolidation: A real-time process to consolidate plans was delivered to users, ensuring up-to-date insights.
  4. Optimized Planning: Driver-based planning and standardized calculations resulted in a structured approach that consistently delivered expected results.
  5. Flexible Planning Techniques: Users were equipped with flexible planning techniques, including driver-based or direct input planning.

Key Benefits Achieved

The Top Data Analytics Company reaped several key benefits from the implementation:

  1. Reduced Planning Time: A significant reduction in the time required to create and publish the annual plan.
  2. Enhanced Transparency: Improved transparency in planning results through the utilization of driver-based techniques.
  3. Detailed Insights: The drill-through capabilities back to the source system enhanced the depth of analytical insights.

The successful implementation empowered Verisk Analytics with a sophisticated planning and reporting solution that aligned with its evolving business needs, ensuring accuracy, efficiency, and transparency in its financial processes.

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