Financial Analytics

DiLytics Financial Insight Solution Enabled Effective Business Decision Support for Oklahoma Office of Management and Enterprise Services

The client had decided to leverage Oracle Analytics Cloud (OAC) to meet its data analytics needs. However, just implementing OAC would not have met its needs as it was looking for a fully functional BI solution covering sub-modules such as General Ledger (GL), Account Payables (AP), and Account Receivables (AR) for its Finance users.

The client chose DiLytics’ proprietary solution ‘Financial Insights’, which comes with pre-packaged business metrics, attributes, reports and dashboards, pre-built data objects from PeopleSoft source system, and pre-integrated data load from PeopleSoft.

DiLytics implemented its Financial Insight solution on Oracle Analytics Cloud for the client. The solution included – 3 out-of-the-box dashboards; Logical metadata with data model; 47 out-of-the-box reports; 21 Custom Reports identified by the client in Oracle Data Visualization (DV); Validation of 21 custom data visualization reports; Out-of-the-box database views.

DiLytics implemented the solution across the phases of requirement gathering, design, configuration of Financial Insights solution, testing, user training and deployment.

Post-implementation, DiLytics also provided support and maintenance services to the client for a period of one year.

Key business benefits to the client included enhanced business decision support, better forecast of revenue and expenses, timely payment to key suppliers, prevention of overdue payments and effective collections.