Client
A building materials supplier
Sector
Industrial manufacturing
Project
Finance transformation enabled by Oracle Cloud
- Client challenge
- Benefits to client
- Approach
- KPMG insights
Client challenge
Our client—a major supplier of building materials—has a legacy of steady growth that began in the construction boom after World War II. The company expanded beyond its Midwestern roots through the years, providing materials for roads and bridges, hiring local talent, and building communities with no signs of slowing.
The software previously used by this company to manage back-office finance operations needed a change to support their continued growth and community involvement. Moving to cloud would allow an increase in efficiency and improve business decisions for the good of the supplier and the regions it serves.
Benefits to client
With the company’s aggressive growth and its uncompromising commitment to quality, safety, and community service in mind, our client was able to:
- achieve a software migration that didn’t interrupt daily operations, which was completed both on time and in less than 12 weeks
- operate three financial centers individually while consolidating certain functions
- strengthen data and vendor management to make better informed business decisions
- increase cash flow efficiency through self-service reporting and analysis
- continue to deliver the concrete, stone, sand, gravel and other materials needed to build the roads and bridges that help communities prosper.
Approach
A family-owned leader in building materials, our client provides more than just concrete and aggregate; it strengthens neighborhoods. Enabling the construction that brings people together and the beneficial and adaptive reuse of its quarries, gravel operations, and mining sites, the company needed a back-office solution to meet its ambitions.
KPMG’s trusted team of advisors helped our client navigate the unfamiliar terrain of implementing a major finance system upgrade. As part of the finance transformation, the company decided to move its enabling software from an older version of Oracle to a version that runs in Oracle Cloud. Together with the client, we helped ensure that business leaders understood the impact of their decisions, used our experience and tested methodologies to reduce risk and increase speed to value, converted tens of thousands of records to the new system, and designed a target operating model that supports the company’s priorities.
KPMG insights
Use tested tools and methodologies
Large, complex projects can easily fall behind schedule and go over budget. KPMG cloud accelerators include preconfigured processes designed to streamline the initial decision-making process, increase speed to value, and reduce risk.
Mitigate disruption through careful preparation
The transfer to the new Oracle platform was accomplished over a weekend with no significant disruptions to operations. Several mock conversions were held before the actual conversion, and the transfer was conducted according to detailed plans.
Enable transformation through enhancement
Converting to cloud doesn’t need to be an unfamiliar experience. Companies with legacy Oracle technology can update to Oracle Cloud and realize the benefits without the steep learning curve.
KPMG gave us a comfort level that the decisions we were making were going to give us the results we wanted in the end.
Controller, building materials supplier
KPMG complies with the auditor independence rules of the AICPA, SEC, PCAOB and DOL. As a result, some services described herein may not be available to our audit clients. KPMG audit clients should check with their respective lead audit partner for more information.
Related services
