Financial Close and Consolidation with Oracle Cloud EPM
Oracle Cloud EPM FCCS streamlines financial consolidation, enhancing accuracy and compliance.
PeopleSoft Divestment & Cloud Optimization
Elire’s client, DOE Laboratory is one of the national laboratories of the United States Department of Energy. Since its inception, the Lab has been instrumental in nuclear research for the U.S. Government. Today, the Lab performs work in each of the strategic goal areas of DOE: energy, national security, science and environment. The DOE Lab is the nation’s leading center for nuclear energy research and development, with roughly 5,000 employees.
The client was an early adopter of Oracle’s Cloud HCM application and has been retiring legacy applications while enabling new functionality in Cloud. Time entry, payroll, and labor costing processes were continuing to run through PeopleSoft and integrating to Cloud. To reduce their application footprint, minimize integration costs, and streamline their business processes, DOE lab was looking to divest from PeopleSoft and enable all required functionality in a single system of record. As a long-time partner of the client, Elire was brought on to map the business processes dependent on PeopleSoft, capture requirements, fit/gap against Cloud functionality, and build a comprehensive design that will fully utilize Cloud’s capabilities.
In its current state, the client had a complex architecture with many different applications serving as systems of record for various data values. Complex, custom integrations had been built to maintain data integrity between multiple applications. Some critical business processes depended on PeopleSoft configuration whereas others used the legacy application as a pass-through or historical database. Due to complex business requirements, many different employee types, compensation structures, bonus calculations, and schedules had to be accommodated within Cloud.
Elire hosted collaborative discovery sessions with the client’s subject matter experts to clearly map the complexities of the current state, including architecture, integrations, data retention needs, business process requirements and more across time, labor, and payroll business processes. With a comprehensive list of requirements in hand, Elire’s functional and technical experts were able to fit/gap, design, and demonstrate proofs of concept for the client’s most complex requirements. The DOE lab’s business teams and leaders were able to move forward towards a full Cloud implementation with confidence as the preliminary designs for their most unique business scenarios were proven. Elire and the client are continuing into implementation with a projected go live in late 2023.
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