A Fortune 500 Logistics Company Achieves 70% Faster Invoice Processing with Oracle Fusion Finance
Overview
When one of the world’s largest logistics providers faces operational challenges, the stakes are high. This is exactly what happened at DP World’s UK operations. The accounts payable team was grappling with complex financial processes that were holding them back from peak efficiency.
The Challenge: A Complex Financial Puzzle
The accounts payable team at DP World UK found themselves in a difficult spot:
Critical financial processes were bottlenecked by rigid system constraints
Three-way matching requirements were creating delays in invoice processing
Month-end closures were becoming problematic due to invoice sync issues
Tax compliance and documentation were growing concerns
On-site goods tracking and receipt recording showed troubling discrepancies
"The existing system constraints were creating real challenges for our teams," recalls the Finance Director at DP World UK. "We needed a solution that could handle our complex requirements while maintaining strict financial controls."
The INTECH Approach: Precision Meets Innovation
Recognizing the complexity of DP World's needs, INTECH took a collaborative approach that went beyond standard implementation:
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Deep Dive Analysis: Worked hand-in-hand with DP World to uncover root causes
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Strategic Partnership: Engaged directly with Oracle's product team to advocate for enhanced functionality
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Custom Development: Secured the creation of a specialized 3-way match control system with Order match option
INTECH undertook a comprehensive implementation of Oracle Fusion Financials that includes:
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Oracle Fusion Accounts Payable & Receivable Cloud
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Fusion General Ledger Cloud
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Financial Reporting Cloud
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Taxes Cloud
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Enhanced 3-way match control system
A Day in the Life: Before and After
Before the transformation, the AP team started each day facing a mountain of unprocessed invoices and uncertainty about matching status. Manual checks consumed hours, and month-end closing was a dreaded marathon of reconciliations and last-minute adjustments.
Today, the story is dramatically different. The team now arrives to find automatically matched invoices awaiting final approval, clear audit trails, and real-time visibility into every transaction.
Operations: From Bottleneck to Breakthrough
What used to be a complex juggling act of invoice processing has transformed into a streamlined flow. "We've gone from spending 80% of our time on data entry and matching to focusing on strategic supplier relationships," notes James Thompson, AP Manager. The new system automatically handles the heavy lifting, allowing the team to process twice the volume of invoices in half the time.
Control and Compliance: Building Trust Through Technology
The enhanced three-way matching system has become the silent guardian of financial accuracy. When a recent audit came around, what used to be weeks of preparation became a matter of running a few reports.
"Our auditors were impressed by the level of detail and control we now have," shares Maria Rodriguez, Compliance Officer. "We can trace any transaction's journey through our system with just a few clicks."
Financial Intelligence: Turning Data into Decisions
Perhaps the most unexpected benefit came in the form of enhanced business intelligence. With real-time visibility into payment patterns and vendor relationships, the finance team now drives strategic decisions. "We're not just processing payments anymore," explains David Park, Finance Director. "We're identifying early payment discount opportunities, optimizing payment timing, and strengthening vendor relationships with data-backed insights."
The Ripple Effect of Transformation
The impact cascaded throughout the organization in three key areas
Key Components of the Solution:
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Unified financial operations through Oracle Fusion Cloud ERP, bringing finance, HR, and supply chain functions into perfect harmony
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Implemented Oracle Fusion PPM with robust budgetary control features
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Created intuitive budget approval workflows at every level - project, task, and resource - specifically for Capex initiatives
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Built-in flexibility for budget revisions to adapt to changing project demands
The Numbers Tell the Story
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Invoice processing time reduced by 67%
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Month-end closing accelerated from 5 days to 2 days
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Audit preparation time cut by 80%
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Early payment discount capture increased by 45%
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Staff overtime during month-end reduced to near-zero
Client Quote
“Having Process standardization across regions was our main challenge before Oracle. Now with Oracle Fusion, I can get entire data in a snap with full proof audit everywhere. INTECH made this transformation possible through their strong expertise in fusion and complex integrations.”
Looking Ahead
Today, DP World UK stands as a testament to how the right technology partnership can transform financial operations. The streamlined processes not only solved immediate challenges but positioned the company for sustainable growth.
Transform Your Finance Operations Today
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Review your current AP challenges
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Explore potential efficiency gains
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