About Client
Alto Broadcasting System-Chronicle Broadcasting Network (ABS-CBN) Corporation is one of the largest media & entertainment organizations in the Philippines. The company is engaged in the creation and production of content for television, online and radio platforms.
The Challenges
- ABS-CBN wanted to develop a reporting system based on SAP as a source.
- Report on parameters for which data wasn’t present directly viz. Division, LOB, Segments, and Projects.
- Report based on a change in Nature of Accounts based on Nature of the Profit Center.
- Decide on the standardized drivers for the complete organization.
The Solution
Transformation through Oracle Cloud Services for higher efficiency.
Mastek was selected as the client’s managed services partner due to its expertise in the healthcare domain and its proven success (as Oracle’s preferred partner) in implementing the Oracle Cloud suite.
Mastek implemented Oracle’s Cloud-based solutions comprising Oracle Supply Chain, Oracle HCM, Oracle EPM & Oracle Procurement Cloud with the following enhancements:
- The solution was designed considering SAP data as the source. It helped to process and integrate data as per the reporting requirements. Moreover, we created special tags and attributes to export data in the format required and defined by ABS-CBN.
- Conducted sessions with the ABS-CBN teams to decide on the relevant drivers for their budgeting.
The Outcome
- After the Oracle implementation, the reporting capabilities for ABS-CBN became robust and agile enough to:
- Get instant reporting of P&L Statement and reports based on the data entered.
- Provide quick forecast process.
- Extract reports based on LOB, Segment, Division and Projects easily.
- Helped with more detailed budget planning.
- Oracle EPM Cloud implementation also helped in improving coordination between the Finance Budget team and Finance Officers during the process of budget creation. Hence, it improved their efficiency and productivity.
- We helped them increase their productivity by reducing the manhours that went into report creation through automating the process customized to their needs.
