ST. LOUIS (September 16, 2016) – Perficient, Inc. (NASDAQ: PRFT) (“Perficient”), the leading digital transformation consulting firm serving Global 2000® and other large enterprise customers throughout North America, today announced it has successfully launched an implementation of Oracle’s newest cloud-based consolidations product, Oracle Financial Consolidation and Close Cloud Service (FCCS), which debuted in May 2016.
Oracle FCCS, an enterprise performance management tool, targets the financial close and consolidation processes and utilizes Oracle’s Enterprise Performance Management cloud platform. FCCS provides pre-configured consolidation models to significantly reduce the cost and time to perform the financial close process. With out-of-the-box calculations, hierarchies, built-in connectivity to source systems, and reports for quick deployments, FCCS’s significant functionality reduces customization requests.
Perficient partnered with CPI Card Group for one of the first migrations to FCCS from an on-premises deployment of Oracle Hyperion Financial Management (HFM). CPI is a leading provider of payment card production and related services, offering a single source for credit, debit, and prepaid debit cards including EMV chip, personalization, instant issuance, fulfillment, and mobile payment services. CPI’s previous successes with Oracle Business Intelligence Cloud Services (BICS) and Planning and Budgeting Cloud Service (PBCS), coupled with the company’s need for tight integration of financial and operational data, made them an ideal candidate for this landmark FCCS implementation.
“Perficient has been instrumental in assisting us with key areas of our business as we pivot our Oracle applications to the cloud,” said Tyler Wilson, director of business applications and analytics for CPI Card Group. “They understand our business, and they have been a valuable partner in achieving our goals.”
Perficient, an Oracle Platinum Partner, has delivered cloud services and solutions using Oracle Cloud for EPM/ERP, Oracle Cloud CX, Oracle Business Intelligence Cloud Service, and Oracle Integrated Cloud Services as well as other scalable technologies, to meet our customers’ needs.
“Perficient has more than 15 years of financial consolidation experience with Hyperion Enterprise and HFM, and we are leveraging that experience to help customers adopt a cloud-based solution in FCCS,” said Santhosh Nair, general manager of the Oracle EPM practice at Perficient. “We have already helped CPI make the move from on-premises to the cloud for their EPM/BI applications and are now adding FCCS to the mix to round out the solution.”
Perficient partners with leading technology vendors such as Oracle to provide business optimization, digital experience, and industry-driven technology solutions and support across many practice areas. Perficient is also at the forefront of industry thought leadership on digital transformation – a means of modernizing the systems that create, deliver, and sustain meaningful customer experiences.
Perficient will have thought leaders discussing ways to leverage customer data and Oracle cloud services at Oracle OpenWorld, Sept. 18-22 at the Moscone Center in San Francisco. To learn more about Perficient’s work with FCCS or other solutions, visit the company’s booth, No. 1715, at the conference.
Perficient’s Oracle consultants specialize in several practice areas including Oracle EPM, ERP, BI and Analytics, and CX, as well as Oracle technologies such as Fusion Middleware, BPM, and WebCenter. Perficient’s Oracle consultants also are certified to deliver the official Oracle course curriculum to customers via onsite training classes. Perficient owns and operates an Oracle Approved Education Center in partnership with Oracle University.
Perficient is the leading digital transformation consulting firm serving Global 2000® and enterprise customers throughout North America. With unparalleled information technology, management consulting, and creative capabilities, Perficient and its Perficient Digital agency deliver vision, execution, and value with outstanding digital experience, business optimization, and industry solutions. Our work enables clients to improve productivity and competitiveness; grow and strengthen relationships with customers, suppliers, and partners; and reduce costs. Perficient's professionals serve clients from a network of offices across North America and offshore locations in India and China. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. Perficient is an award-winning Premier Level IBM business partner, a Microsoft National Service Provider and Gold Certified Partner, an Oracle Platinum Partner, an Adobe Business Solution Partner, and a Gold Salesforce Consulting Partner. For more information, visit www.perficient.com.
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