Client Success Story - A Multi-Location Automobile Dealership Group

Our client is a corporation of 69 car dealerships across Canada utilizing Cloudworks EPM Implementation services to achieve financial consolidation standardization, data accessibility and application stability in the face of rapid organizational growth.
Our client is a North American multi-location automobile dealership group currently operating 69 franchised dealerships, selling several brands in Canada, and a group located in Illinois. The group was going through a period of extensive organizational growth, causing challenges within their legacy EPM systems.
They had experienced strong growth in its business over several years, including many acquisitions, resulting in challenges for its financial consolidation tool in the areas of performance, data accessibility and application stability due to the increased organization size. Their financial reporting stakeholder team sought out a solution that would improve the pain points seen in their current solutions. The company was operating a file-based system that was very slow, had difficulties to get data in and out, as well as having other business units using different software. The scale of its operations evolving beyond what Excel-based budgeting solutions can offer.

Leveraging the integrated Oracle Cloud EPM suite, Cloudworks was able to offer a unified system spanning the company’s financial close, reconciliation and budgeting processes into one. Simultaneously, the suite addressed the performance issues and provided more robust solutions that can scale with the companies long term growth.

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ERP went live August 2019, and FCCS, ARCS and EPBCS going live later in 2019:

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