Story
Adidas Brings Financial Close onto Oracle
Adidas, a consumer discretionary organization in Germany, uses Oracle Cloud Infrastructure from Oracle to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Capability | Record to report stays visible to adjacent teams through Oracle Cloud Infrastructure |
| Capability | Controllers and shared services work from the same Oracle Cloud Infrastructure record for financial close |
| Capability | Financial close can be reviewed without waiting on a personal export |
Story
Consumer Discretionary work at Adidas spans more than one site, even when headquarters sits in Germany. Financial close was splitting across regional habits. Controllers and shared services asked for a shared way to run record to report without freezing local judgment.
Oracle (Oracle Cloud Infrastructure) is what they standardized on. Oracle delivers enterprise applications, databases, and cloud infrastructure, including Fusion Cloud ERP and Oracle Cloud Infrastructure. Adidas uses it as the system of record for financial close, with controllers and shared services as the primary operators and other groups coming in through the same queue.
Leaders get a picture they can actually walk. Teams get fewer mystery statuses. The story is about operating change, not an unpublished percentage.