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Success Story - Fortune 500 Client

Success Story - Fortune 500 Client

Manufacturing

North America

18000 EEs

  • Eliminate recurring reconciliation breakdown between bank check payments and Oracle Payroll check payments
  • Phased rollout of Payroll in 3 Phases.
  • Iterative Payroll Parallel runs to validate accuracy. Client had a bad experience with prior SI and the asked for additional runs
  • Deliver a complex Payroll Costing integration with their JDE financials
  • Develop and deliver a custom solution to manage the Tax variances with the Employee Stock Options with JP Morgan
  • Delivered an automated bank statement intake + reconciliation workflow
  • We iteratively ran 3 payroll accuracy tests to prove Oracle’s calculations and we did this for each of the release to keep the client assured of payroll accuracy 
  • Custom developed integrations to manage the Payroll costing transfer to GL  and to effectively calculate and track variances in taxes for Employee stock option plans when exercised. 
  • Bank Reconciliation became repeatable and system-driven, not spreadsheet-driven
  • Better customer adoption of Oracle Cloud Payroll and improved overall confidence
  • Reduced payroll operations risk by standardizing and optimizing the end-to-end process
Key Outcomes Delivered

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Bank Reconciliation became repeatable and system-driven, not spreadsheet-driven

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Better customer adoption of Oracle Cloud Payroll and improved overall confidence

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Reduced payroll operations risk by standardizing and optimizing the end-to-end process