Groupe Neopost Consolidates Complex Reporting Infrastructure Across Its Global Operations

Neopost wanted to accelerate annual and interim accounting and reporting cycles by streamlining and automating reporting processes between Neopost and its network of subsidiaries and improve the quality of financial reports, allowing for greater insight across all the company's mail service operations. The challenge was to enable expanded analysis of client accounts across the globe by consolidating financial systems and applications across Neopost's subsidiaries. Neopost deployed Oracle's Hyperion Financial Management across the company's finance, marketing, and logistics departments and established a standardized infrastructure for four major financial operations: reporting, consolidation, budget drafting, and forecasting.