DLL replaces 15 disparate finance systems by standardizing on Oracle Cloud ERP

DLL, a financial solutions partner with headquarters in Eindhoven, the Netherlands, manages a €40 billion portfolio of assets for businesses in more than 25 countries. The firm works closely with its partners to offer point-of-sale leasing transactions that help customers to immediately gain access to the equipment, technology, and software they need to expand their businesses.

DLL supported more than 15 different finance systems, each with different capabilities, which prevented the firm from standardizing and automating finance, procurement, and human resource processes. As a result, local staff had to do significant manual workarounds to deliver a consistent customer experience across global regions and normalize financial information for consolidated reporting at the corporate level.

DLL evaluated cloud applications and technology providers based on whether they could help the firm’s finance team move from a transactional focus to an analytical focus. The company chose Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Enterprise Performance Management (EPM) for their complete industry functionality and Oracle Cloud Infrastructure (OCI) for its capabilities for simplifying application integration. Oracle Autonomous Transaction Processing on OCI was also selected because the fully automated database service is ideal for running DLL’s varied transactional, analytical, and batch workloads concurrently. An additional key factor in the decision was that DLL had established an effective partnership with Oracle Consulting. Leadership knew they could rely on Oracle Consulting’s knowledge and expertise to develop and execute a phased global plan for retiring the existing ERP systems in each region and systematically migrating those workloads to the cloud.

With Oracle’s guidance, DLL systematically retired each of its existing finance environments and migrated to Oracle Fusion Cloud ERP as its single financial management platform. Oracle Integration Services and Oracle Autonomous Transaction Processing automatically connected data from DLL’s custom contract management systems to Oracle Fusion Cloud Accounting Hub, which improved the firm’s ability to capture, record, reconcile, and report on leasing transactions and related balances. OCI’s integration services also helped to transfer lease and self-billing service invoices from internal systems into Oracle Fusion Cloud Financials for processing through accounts payable. Contract, cost, risk, portfolio, and application data was summarized and passed to Oracle Fusion Cloud EPM Profitability and Cost Management for profitability reporting at the regional and corporate levels. This allowed DLL to move from annual to monthly analysis of vendor profitability. Transactions from the contract management system clearing accounts were matched and reconciled using Oracle Cloud EPM Account Reconciliation to substantiate period-end account balances. Contract management capabilities within Oracle Fusion Cloud Procurement provided a structured model to automate the leasing contract approval process based on DLL’s hierarchy.

Oracle ATP’s automated capabilities for provisioning, scaling, tuning, backup, and repairing helped DLL to focus its IT resources on higher-value activities. And OCI’s disaster recovery solutions gave the firm scalable, reliable, secure, and cost-effective resiliency.

Working in concert, standardized processes and streamlined integration with Oracle Fusion Cloud ERP and OCI allowed DLL to automate the secure payout of leasing funds each day within 30 minutes of initiating a leasing contract. Previously, payouts were made twice a day, on average, at set times within each region. This led to improved customer experience and eliminated most manual tasks in the process.