Presented at BLUEPRINT 4D 2022
Title: Drive-up efficiencies centralizing global financial-workforce planning at StoneX
Session ID: 103240

StoneX selected Oracle Planning Cloud as the centralized platform to support global financial planning processes. While the initial scope was to use it for specific entities that were already on a common platform, the efficiencies gained by adopting Oracle Planning everywhere became readily apparent. In a span of few months, StoneX successfully pivoted to onboarding the budget process for all their global business entities into Planning, while also providing budgeting and reporting capabilities that were never readily available before across the enterprise. With the help of Oracle Planning, StoneX was effectively able to create an enterprise standard for preparing, reviewing and presenting corporate budget in around 3 months’ time, across global entities, while using multiple currencies. This included providing an enterprise wide process to input and perform a timely review of workforce, financial and capex budgets using a centralized platform, use driver-based allocations to budget for some accounts/entities and deliver timely financial reports using SmartView for Office, as well as for executive presentations.