Story
Oracle
Digital RealtyDigital Realty Adopts Oracle for Record to Report
Digital Realty, a real estate organization in the United States, uses NetSuite from Oracle to support record to report for controllers and shared services.
Digital Realty uses NetSuite to close the books from one set of operational records.
“Inside Digital Realty, record to report used to depend on whoever still had the latest file.”
“Controllers and shared services needed a system that would still make sense after the original project team moved on.”
Independent write-up. Figures come from public sources or are illustrative.
Value results
| Category | Value result |
|---|---|
| Productivity | Fewer stalled items because financial close has a clear owner |
| Productivity | Handoffs in record to report sit in a shared queue instead of a mailbox trail |
| Capability | New joiners can see how record to report actually runs |
Story
Inside Digital Realty, record to report used to depend on whoever still had the latest file. That pattern is common in real estate groups working out of the United States. Controllers and shared services needed a system that would still make sense after the original project team moved on.
Digital Realty uses NetSuite from Oracle as the working layer for financial close. Oracle delivers enterprise applications, databases, and cloud infrastructure, including Fusion Cloud ERP and Oracle Cloud Infrastructure. The practical change is simple: record to report has a home, and reviews happen there instead of in a forwarded thread.
Nothing in this writeup invents a savings number. What Digital Realty gets from Oracle is a durable place to run record to report and a way for controllers and shared services to see the same financial close at the same time.
