London, WC1X 8TY,
United Kingdom
Concentric Solutions
Concentric Solutions, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Concentric Solutions collaboration with software players such as Oracle empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Concentric Solutions | Oracle | Oracle Hyperion Financial Data Quality Management | Financial Consolidation and Close | EPM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
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Mcbride | Consumer Packaged Goods | 3695 | $1.2B | United Kingdom | Oracle | Oracle Hyperion Financial Data Quality Management | Financial Consolidation and Close | 2021 |
In 2021, Concentric Solutions implemented Oracle Hyperion Financial Management together with Oracle Hyperion Financial Data Quality Management for Mcbride plc. The Oracle Hyperion Financial Data Quality Management deployment falls in the Financial Consolidation and Close category and was scoped to improve group reporting across Mcbride's United Kingdom operations.
The implementation centralized consolidation workflows, data quality controls, and automated data load orchestration using Financial Data Quality Management, enabling transaction-level data validation and mapping prior to consolidation. Configuration emphasized consolidation automation and close cycle orchestration, with functional coverage aligned to Financial Consolidation and Close capabilities such as intercompany eliminations, currency translation, and statutory reporting templates.
Integration work focused on aligning Oracle Hyperion Financial Management with Oracle Hyperion Financial Data Quality Management for extract, transform, and load orchestration and automated data feeds into the consolidation engine. The deployment primarily impacted group finance and reporting functions, centralizing monthly and period-end close activities for Mcbride's corporate finance team in the United Kingdom.
Concentric Solutions led the rollout and established governance for data mapping, validation rules, and close workflow ownership to support ongoing operations. The stated outcomes included increased consolidation automation, improved close-cycle efficiency, and reduced reporting and compliance risk.
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