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PHONE HOTLINE: (703) 715-0150E-MAIL: info@drivestream.com
Contact an Expert
Advertising Agency

Transforming Finance for a Top Advertising Firm

CLIENT
Leading North American advertising firm
PROJECT
Modernized the Finance Function with Oracle Cloud ERP
Challenge
Legacy systems and processes slowed financial agility and decision-making while increasing costs
WHAT WE DID
Deployed Oracle Cloud ERP, streamlined procurement, reduced manual processes and improved financial reporting through an advanced shared services model

PROJECT INFORMATION

The client, a prominent North American advertising and marketing enterprise with 200 employees, specializes in consumer media marketing and incentive campaigns. Founded in 1999, the company had been operating on legacy systems like SAP and Sage, limiting efficiency across finance functions.

CHALLENGES

Faced with outdated manual processes and complex procurement challenges, the company experienced:
  • Inefficient end-to-end procurement with long cycle times
  • Limited control and visibility over purchase orders (POs)
  • Complex cost structures, slowing down financial reporting and increasing administrative burdens
  • Lack of reconciliation processes between invoices and purchase orders, leading to inconsistent tracking

RESULTS & IMPACT

To address these challenges, Drivestream implemented Oracle Cloud ERP Financials and Procurement solutions, tailoring the integration to modernize finance processes and create a streamlined shared services model.

Solution Highlights:

  • Simplified Procurement: streamlined procurement through an intuitive portal, reducing PO cycle time from 8 hours to just 10 minutes.
  • Enhanced Financial Controls: Built integrations between in-house applications, Salesforce, and Oracle to maintain consistency and real-time data synchronization.
  • Executive Visibility: Delivered robust reporting capabilities, including spend analysis by product and supplier, leveraging Oracle’s Financial Reporting Studio and Smart View.
  • Reduced Complexity: Simplified cost components from 100 down to 30, reducing complexity and improving administrative efficiency.

By adopting Drivestream's solution, the client gained a streamlined, standardized financial process with enhanced controls and visibility, enabling their team to shift focus from manual tasks to core business initiatives. The integration of Salesforce with Oracle ERP allowed seamless data flow, making financial reporting both faster and more accurate.

Reduced cycle time
Simplification
3-3

LOOKING FORWARD

With their new Oracle Cloud ERP capabilities, the client is now well-positioned for scalable growth and improved service delivery, aligning with industry best practices and ready for future expansions.

Ready to streamline your finance operations? Contact us today to discover how Drivestream’s Oracle Cloud solutions can elevate your business.
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