ADQ Achieves Financial Efficiency With Oracle EPM
Company
ADQ
Location
UAE
Employees
200-500 Employees
Industry
Investment
PerformDay Solution
Oracle EPM
About Abu Dhabi Development Holding (ADQ)
Abu Dhabi Development Holding is founded in 2018 in Abu Dhabi, It is a prominent holding company with extensive local and international investments. As both an asset owner and investor, ADQ’s diverse portfolio includes major enterprises across key sectors such as energy, utilities, food, agriculture, healthcare, pharma, and mobility. As a key ally of the Abu Dhabi government, ADQ is dedicated to expediting the emirate’s evolution into a globally competitive economy based on knowledge and innovation.
Before Oracle EPM implementation, Abu Dhabi Development Holding faced challenges in performance management, budgeting, and forecasting. Financial processes were unstreamlined, leading to inefficiencies. The organization identified a crucial need to enhance data transparency. This underscored the decision to implement Oracle EPM for improved financial operations, accurate budgeting, forecasting, and increased data clarity.
PerformDay addresses ADQ’s challenges by implementing Oracle EPM and by providing advanced tools for streamlined performance management, integrated financial processes, and enhanced budgeting and forecasting. Oracle EPM ensures comprehensive solutions for Abu Dhabi Development Holding’s financial and operational needs. Scalable and user-friendly, the platform facilitates user adoption and training, positioning Abu Dhabi Development Holding for more effective and data-driven decision-making as the organization grows.
The implementation of Oracle EPM to ADQ has resulted in significant improvements:
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