Streamlined group consolidation, Notes to Accounts and cashflow processes across 100+ subsidiaries on one EPM platform.

V3 Group manages a diverse portfolio of businesses, including OSIM, TWG Tea and Bacha Coffee, with more than 100 subsidiaries. Managing group-level financial close across a large and complex structure created a need for a more streamlined and consistent approach to consolidation, Notes to Accounts and cashflow management.

The challenge was to bring these group-level financial processes onto a unified Oracle Fusion EPM platform, providing a more structured foundation for consolidation, planning and financial reporting across the group.

Tibura implemented Oracle Fusion EPM to streamline V3 Groups group-level financial processes across its 100+ subsidiaries. The solution focused on consolidation, planning and budgeting, with supporting processes for Notes to Accounts and cashflow management.

The implementation brought these financial activities together on a single EPM platform, establishing a more consistent process for managing group financial information and supporting the organisation reporting and planning requirements.