Citelum Cuts Its Period-End Closure Times by 66% to Meet Shareholder Requirements
Now a subsidiary of Dalkia, Citelum is a French-based company that supplies, operates and maintains public lighting, particularly in urban areas. Citelum wanted to give head office a better overall view of the group's business and improve management productivity. The challenge was to speed up report production to meet shareholder requirements as well as rationalize and coordinate procurement worldwide. Citelum deployed Oracle E-Business Suite, Dalkia's standard management application, at Citelum head office for accounts, purchases, e-procurement and sales and replaced an aging accounting program and Excel-based processes.