The Need
Prime Therapeutics wanted to move from annual budgets with high-level quarterly forecasts to more frequent and accurate forecasting.
The Solution
The company upgraded to Oracle’s cloud-based EPBCS which gave them the ability to forecast capital spend directly within the application and interconnected data and models allowed for real-time reporting.
The Benefit
Prime Therapeutics had immediate ROI through reduction of hundreds of manual Excel hours, more accurate and up to date monthly rolling forecasts and the ability to forecast capital spend directly within the application.