Frontera Consulting expands globally with help from Oracle
Oracle Cloud ERP helps Frontera Consulting reduce total cost of ownership and expand globally.
“Oracle Cloud transformed our back office, while enabling us to stay current with the latest application features and showcase our deep product knowledge to existing and prospective customers.”
Business challenges
As a fast-growing, global professional services organization, Frontera Consulting needed a tool that could scale with company growth. Frontera was challenged with an aging and customized ERP system and needed better project insight, improved financial transparency, and reliable data to meet growing demands.
The inability to simplify customer-invoice processing and consultants’ expense management placed an administrative burden on sales and accounting teams. Also, Frontera Consulting wanted to gain access to system updates with control over the timing of upgrades to avoid business disruption.
Oracle Project Management Cloud is vital to our business. We were able to see the value immediately. Our project managers are happier, and our partners are relieved we can now focus our time on the strategic direction of the business.
Why Frontera Consulting Chose Oracle
Frontera Consulting made the decision to go with Oracle because it provided a software solution designed to scale and grow with the business at an affordable price.
Results
With Oracle Cloud, Frontera Consulting cut project costs and improved project analysis by 25% with the use of Oracle Project Management Cloud. The budgeting and forecasting features have been extremely valuable in future business planning and identifying the most profitable project types, clients, industries, and geographical areas. Invoicing time has been shortened by 50% using Oracle Financials Cloud. Spreadsheets have been replaced with automated submissions of costs. Before implementing the Oracle system, the close process took three days. This process now takes two days after consolidating reporting from all countries into a single, multicurrency ledger.
The value of Oracle Cloud was realized immediately. With improved visibility into project financials and project financial management, partners of Frontera Consulting are now spending their time in the right way and focusing on the future direction of the business. Role-based dashboards with embedded analytics provide timely insights to empower decision-making. Project managers are much happier after seeing a reduction in tactical billing tasks and can now focus on project analysis. Furthermore, Oracle provided Frontera Consulting with the flexibility to deploy patches and upgrades at their convenience, rather than at a time determined by the software vendor.