JVCKENWOOD Selects Oracle Cloud ERP to Transform Finance Operations
Oracle News, March 16th, 2023
Oracle Cloud ERP helps standardize and centralize operational processes to improve efficiency and productivity
JVCKENWOOD Corporation (JVCKENWOOD), a leading video, audio and telecommunications manufacturer in Japan, has implemented Oracle Fusion Cloud Enterprise Resource Planning (ERP), including Oracle Fusion Cloud Enterprise Performance Management (EPM), to help simplify and standardize financial planning and analysis, increase productivity, reduce costs and improve controls.
Founded in 2008 after the merger between two leading electronics brands, JVCKENWOOD aims to provide audio visual products, services, and solutions that provide excitement and peace of mind to customers. The merger resulted in multiple legacy business systems with manual processes and complicated interfaces, which made it increasingly difficult for the management team to gain fast and accurate insights. To improve business visibility and enhance decision-making, JVCKENWOOD decided to consolidate financial processes by modernizing on Oracle Cloud ERP.