Eurodrip selects Oracle Hyperion Financial Management with Singularlogic
Eurodrip selects Oracle Hyperion Financial Management with Singularlogic
Athens, October 15th 2014: Eurodrip, a European leader in manufacturing and supplying integral dipper lines, selected Oracle Hyperion Financial Management and Oracle Hyperion Financial Data Quality Management Enterprise Edition solutions, to be implemented by Singularlogic, a Gold level member of Oracle PartnerNetwork (OPN).
With this solution, Eurodrip aims at increasing efficiency and improving corporate reaction to the continuously changing business environment, by reducing the use of manual processes during Financial consolidation activities and accelerating decision making.
Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology, but used and maintained by the finance team. It provides financial managers the ability to rapidly close and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.
SingularLogic, under its capacity, as Oracle Partner has undertaken the implementation of this project aiming to make Oracle Hyperion the official business data consolidation system of Eurodrip.
Regarding the project Mr. Delonas Dimitrios, Group CFO, Eurodrip, stated: «To support our growth and sustain our position in the market we needed a modern, automated, secure, cost-effective, scalable and reliable business solution that would enable us to standardize consolidations operations. After a detailed search and evaluation of the available local and multinational business solutions, we selected Oracle Hyperion Financial Management, as the best solution to meet our needs”.
“Singularlogic’s technical and business expertise is key to the success of Eurodrip’s project to streamline its business consolidation operations”, commented Mr. Dokoros Spyros, General Manager, Integrator Division, Singularlogic, “We are confident that the selection of Oracle Hyperion Financial Management solution will strengthen Eurodrip even more, by improving its competitiveness as well as the quality of products and services it offers to its clients. We are proud to have contributed to Eurodrip’s continuous efforts towards business growth, cost efficiency and technological advancement”.
“Oracle’s Enterprise Performance Management solutions help our customers meet the challenges of quickly changing market conditions. Eurodrip is taking the management of consolidation processes to the next level. The combination of Oracle’s leading solutions with experienced and qualified partners can help turn customer needs into a reality”, said Mr. Dimitris Papagiannopoulos, EOM Sales Director, Oracle CEE & Turkey.
