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Case Study: Vetsource

CASE STUDY

Vetsource’s Oracle ERP & EPM Cloud Success Story — On Time, On Budget

Being acquired by Mars Corporation owner of Banfield Pet Hospitals and multiple pet food brands, Vetsource was required to implement internal controls and 3-day financial close that were not supported in the legacy systems. Vetsource settled on Oracle Fusion ERP, Oracle EPM and OnPlan to implement the solution to fully utilize the capabilities provided by Oracle to support continued hyper-growth. 

Top Customer Objectives & Challenges

  • Support breakneck growth and provide needed flexibility to support changing and developing business model.
  • Align with Mars requirement to move from 12 to a 3 days close by utilizing EPM, Fusion and process changes.
  • Align with Mars on moving from a 12 to 13 period calendar.

Results

  • Gained better business insights and eliminated duplicate, disparate and inaccurate data – with a focus on those that deliver a competitive edge.
  • Successfully moved from 12 to a 3 days close in alignment with Mars.
  • Efficiency in daily and periodic reconciliations utilizing Oracle EPM ARCS.
  • Vetsource CIO was awarded the coveted Change Agent Award at Oracle CloudWorld as a result of this project.

Partner Contactjim-williamson

Jim Williamson

jwilliamson@onplanconsulting.com

(503) 351-3333

Vetsource

Revenue

$500M+

Deployment Location

North America

Industry

Specialty Retail

Products

ERP Cloud Financials

  • General Ledger
  • Fixed Assets
  • Accounts Payable
  • Accounts Receivable
  • Cash Management

ERP Cloud Procurement

  • Purchasing / Self-Service

ERP Cloud Supply Chain

  • Inventory
  • Order Management
  • Cost Management
  • Manufacturing

Enterprise Performance Management

Legacy Platform

ASW > Oracle Cloud

Key Benefits Achieved

  • 40-week implementation on-time, on-budget and OnPlan. Shortened from 12-day to 3-day financial close
  • Converted from 12 to 13 period calendar for ERP/EPM
  • Dropship functionality supports eCommerce platform
  • Auditable system and internal controls in place, i.e., SOD
  • Custom, tailored EPM Planning application with simplified user interface and administration
  • Considerably shortened budgeting and forecasting cycles utilizing EPM
  • Streamlined data and metadata automation using EPM Automate which removed constant roadblocks in data integration and increased data reliability.
On Time. On Budget. OnPlan.