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Citigroup, a VestmarkONE customer evaluated BlackRock Aladdin Wealth

Wayfair, a Korber HighJump WMS customer just evaluated Manhattan WMS

Michelin, an e2open customer evaluated Oracle Transportation Management

Swedbank, a Temenos T24 customer evaluated Oracle Flexcube

Moog, an UKG AutoTime customer evaluated Workday Time and Attendance

Cantor Fitzgerald, a Kyriba Treasury customer evaluated GTreasury

Westpac NZ, an Infosys Finacle customer evaluated nCino Bank OS

Arendals Fossekompani Tech Stack and Enterprise Applications

Arendals Fossekompani EPM
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Previous System
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Market
VAR/SI
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Insight
Oracle Legacy Oracle Cloud ERP Record to Report Financial Consolidation and Close EPM Inlumi 2021 2022
In 2021, Arendals Fossekompani implemented Oracle Cloud ERP Record to Report in the Financial Consolidation and Close category. The project was delivered with partner Inlumi and leveraged Oracle Cloud EPM Financial Consolidation and Close to centralize statutory consolidation workflows for Norwegian and international business units. The implementation standardized and automated consolidation across multiple ERP systems, configuring intercompany eliminations, currency translation, and rollup hierarchies as core functional capabilities. Oracle Cloud EPM Financial Consolidation and Close was configured to preserve journal‑level detail, enabling drill-down to source transactions for auditability and detailed analysis. Integrations were established to ingest sub-ledger and trial balance data from the companys multiple source ERP systems, creating an automated record to report flow from ledgers to group consolidation. Operational coverage focused on finance and accounting departments across both Norwegian and international units. Governance and process changes included centralized consolidation controls and standardized close schedules, with Inlumi supporting the rollout and process harmonization. The project published in September 2022 reported accelerated financial reporting and reduced administrative costs as explicit outcomes.

IT Decision Makers and Key Stakeholders at Arendals Fossekompani

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Apps Being Evaluated by Arendals Fossekompani Executives

APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Arendals Fossekompani IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Arendals Fossekompani digital transformation priorities and AI adoption trends.
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FAQ - APPS RUN THE WORLD Arendals Fossekompani Technographics
Arendals Fossekompani is a Manufacturing organization based in Norway, with around 2200 employees and annual revenues of $475.9 million.
Arendals Fossekompani operates a diverse technology stack with applications such as Oracle Cloud ERP Record to Report, covering areas like Financial Consolidation and Close.
Arendals Fossekompani has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as Oracle.
Arendals Fossekompani recently adopted applications including Oracle Cloud ERP Record to Report in 2021, highlighting its ongoing modernization strategy.
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Our research team continuously updates Arendals Fossekompani’s profile with verified software purchases, vendor relationships, and digital initiatives identified from public and proprietary sources.
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