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Mokveld

FCCS / Oracle EPM Cloud

Mokveld, a globally active manufacturer of engineered valve systems, has more ownership over data and reporting and more consistent, higher quality and better auditable data thanks to its new corporate performance management cloud platform: FCCS / Oracle EPM Cloud implemented by Satriun.

Key challenges

  • Management- and IFRS reporting from a single source of truth
  • Need to streamline and speed up the reporting process
  • Income statement by nature and by function
  • More focus and automization of cash flow statement and equity consolidation

 

Project highlights

  • Monthly data collection
  • Financial consolidation and management reporting
  • Automated cash flow reporting
  • IFRS consolidated financial statements

 

Key benefits

  • More ownership over data and reporting
  • More consistent, higher quality and better auditable data
  • Reduced manual effort during the consolidation process
  • Valuable insight into cash flows statements and equity consolidation

 

Our primary goal was to smoothly replace Oracle Hyperion. Satriun’s best practices enabled a streamlining and optimization of our reporting process in Oracle FCCS, including the cash flow statement. Satriun delivered the Oracle FCCS implementation at a high pace while still keeping control over the quality and the cost of delivery.

Sjaak Boeijenga

CFO, Mokveld

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