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Deloitte SuperLedger™ Powered by Oracle Cloud
Drive digital transformation now with Deloitte and Oracle
Should we consolidate everything, something, or nothing? This question arises in relation to nearly every M&A transaction, divestiture, or significant business event when finance leaders must once again figure out how to aggregate and extract data from multiple ERP systems. The challenge is that many of the solution options have significant shortcomings.
Jump start your digital finance transformation and achieve subledger transaction visibility without full ERP consolidation. Explore how Deloitte SuperLedger™ and Oracle Cloud can help your organisation extract sub-ledger detail from multiple ERP systems, standardise data, and move it into a single “super ledger."
Explore more with this on-demand video – A Finance Leader's Guide to Cost Reduction – and learn how Deloitte SuperledgerTM can:
- Establish an efficient single source of truth for all financial reporting and analysis while reducing risk of data errors;
- Understand financial performance across business units and geographies; and
- Implement shared services as a foundational way to reduce costs.
Imagine establishing one source of truth and driving digital transformation
A full-scale ERP consolidation, which is needed to gain true visibility and establish a single source of truth, can take several years and millions of dollars. A consolidation with roll-ups into summary-level data only solves immediate needs, while doing little to reduce future manual efforts to gather and reconcile data. And, the simplest option of all, which is to implement yet another reporting tool on top of the legacy systems, rarely produces enough detail to be meaningful and it does nothing to tackle the underlying issue of disparate, inconsistent data.
In light of rapidly advancing cloud capabilities and digital tools, there has to be a better way. Now there is with Deloitte SuperLedger™ powered by Oracle Cloud (SuperLedger™). SuperLedger™ is designed to provide an integrated cloud platform for transaction processing and sub-ledger reporting without full ERP consolidation. Finance organisations can gain long-awaited operating synergies and cost reductions while modernising their approach to close and consolidation, transactional finance, and more.
Is SuperLedger™ an option for your organisation?
Any company with a disparate ERP environment can potentially benefit from Deloitte SuperLedger™ powered by Oracle Cloud. However, it is particularly well-suited for large, complex, global organisations that have one or more of the following objectives:
- Executing an M&A growth strategy
- Preparing for divestures
- Pursuing several different business models
- Implementing shared services.
For far too long, complexity has stood in the way of modernisation for many companies. Finally, there is a simpler way for finance organisations to begin their digital transformation journeys while reducing costs, establishing one source of truth, and making life easier for key players up and down the finance value chain.