Perficient, CPI Card Group Partner on One of the First Migrations to Oracle FCCS from Oracle HFM
September 16 2016 - 9:23AM
Business Wire
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.
For more information on Perficient’s expertise in Oracle
technologies, visit www.perficient.com/Partners/Oracle, and follow
Perficient’s experts on Twitter @Perficient and @PRFT_Oracle.
About PerficientPerficient 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.
Safe Harbor StatementSome of the statements contained in
this news release that are not purely historical statements discuss
future expectations or state other forward-looking information
related to financial results and business outlook for 2016. Those
statements are subject to known and unknown risks, uncertainties,
and other factors that could cause the actual results to differ
materially from those contemplated by the statements. The
forward-looking information is based on management’s current
intent, belief, expectations, estimates, and projections regarding
our company and our industry. You should be aware that those
statements only reflect our predictions. Actual events or
results may differ substantially. Important factors that could
cause our actual results to be materially different from the
forward-looking statements include (but are not limited to) those
disclosed under the heading “Risk Factors” in our annual report on
Form 10-K for the year ended December 31, 2015.
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Perficient, Inc.David Sheets,
314-529-3577david.sheets@perficient.com
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