Endeavour International Corporation Improves Budgeting and Forecasting Speed and Precision

Endeavour International wanted to improve productivity in preparing financial reporting, enabling more time for analysis and expand "What-if" scenario capabilities for budgets that take into account varying gas and oil pricing structures for more accurate planning and forecasting. The challenge was to enable the company to quickly incorporate new offices and oil and gas assets into budget cycles. Endeavour International implemented Oracle's Hyperion Essbase and Hyperion Web analysis to improve budgeting forecasting accuracy and speed and automated key financial reporting processes, which minimized the potential for errors, saved time, and increased financial staff productivity-enabling a lean staff to manage financial reporting for a rapidly growing company.

Provided by: Oracle Topic: CXO Date Added: Jun 2010 Format: PDF

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