Banking

eSilicon Corporation Obtains Consolidated View of Information for Forecasting and Financial Planning

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Executive Summary

eSilicon Corporation wanted to create a unified reporting and planning environment that spans eSilicon's operations, replacing disparate systems and enabling a single source for financial reporting and planning to improve accuracy and speed. The challenge was to improve the company's ability to forecast, recognize, and manage revenue for its nonrecurring engineering services business, a process that involves complex revenue and cost estimates driven by contract terms and project milestones. eSilicon Corporation worked with Oracle Partner Idhasoft Limited to deploy Oracle's Hyperion solutions - creating, in just three months, a unified and integrated environment improving visibility as well as the reliability and speed of reporting and planning processes.

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