Story
Oracle
AESAES Standardizes Financial Close on Oracle
AES, a utilities organization in the United States, uses Oracle Database from Oracle to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Productivity | Fewer stalled items because financial close has a clear owner |
| Risk and compliance | Oracle Database is the governed place controllers and shared services use for record to report |
| Capability | New joiners can see how record to report actually runs |
Story
Utilities work at AES spans more than one site, even when headquarters sits in the United States. 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 Database) is what they standardized on. Oracle delivers enterprise applications, databases, and cloud infrastructure, including Fusion Cloud ERP and Oracle Cloud Infrastructure. AES 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 The story is about operating change, not an unpublished percentage.
