Financial Close and Consolidation with Oracle Cloud EPM – Part 2
Oracle Cloud EPM FCCS supports end-to-end financial close with features like task management, intercompany eliminations, multi-GAAP reporting, and audit-ready compliance.
PeopleSoft Managed Services
The National Academy of Sciences (NAS) is a private, nonprofit organization of the United States’ leading researchers. The NAS recognizes and promotes outstanding science through election to membership, publication in its journal, awards, programs, and special activities. Through the National Academies of Sciences, Engineering, and Medicine, the NAS provides objective, science-based advice on critical issues affecting the nation.
The National Academy of Sciences initially reached out to Elire via the Elire website. NAS was seeking assistance with maintaining their PeopleSoft environment. They turned to Elire for Managed Services Support prior to making the transition from PeopleSoft to a cloud-based HCM application. Elire was tasked with providing PeopleSoft application and database support, which included applying PeopleSoft patches, performing environment refreshes, and performing production migrations. Elire remained on–call as well to resolve ad hoc issues.
NAS required an environment refresh every few months, however, the Elire team initially lacked information as to what this would require. The Elire Team was able to learn and build the process from scratch.
Elire’s initial one-month engagement trial turned into almost two years of extensions. NAS was able to decommission PeopleSoft after implementing their cloud solution, and no longer requires support. Elire was able to let their current team retool to their new cloud system while they made that transition. The NAS team was able to focus on their cloud project implementation instead of dedicating resources to maintaining their PeopleSoft application. Elire provided continuity and stability while NAS transitioned to cloud. Elire and NAS successfully ended the engagement on 10/26/2023.
Interested in learning more about how Elire can assist your PeopleSoft team? Visit our PeopleSoft Services Page or contact our team at [email protected].
Interested in learning more about how Elire can assist your Managed Services team? Visit our Managed Services Page or contact our team at [email protected].
Oracle Cloud EPM FCCS supports end-to-end financial close with features like task management, intercompany eliminations, multi-GAAP reporting, and audit-ready compliance.
Oracle Cloud EPM FCCS streamlines financial consolidation, enhancing accuracy and compliance.
Join Elire’s Jenny Wang for an insightful webinar covering the transformative shift from Task List to Task Manager in Oracle EPM Planning. Discover how centralized
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