ERP Cloud Financials Implementation Streamlines Business Process Across 40+ Veterinary Centers

1. VPP Financials – Case Study Topic: Veterinary Practice Partners
Cloud Financials Implementation
Veterinary Practice Partners
(VPP) co-owns practices in
partnership with
veterinarians & has % based
partnership model . The
company is involved in
driving sustained, above-
average revenue growth,
cultivating exceptional
practice staff, and
overseeing back-office
operations, including
marketing, finance,
accounting and human
resources. VPP enables
veterinarians to focus on
end customers.
Business Challenges
• Need of a scalable solution due to growing number of partner
hospitals
• Manual recon of Intercompany across 40+ entities – Time consuming
• Traceability of expenses & payments – Manual invoicing causing audit
issues
• Reporting & distribution overhead – Financials for 40+ hospitals take
minimum 5 days to publish
• Reduce IT spend & focus on operational activities
The Solution – Oracle Cloud Financials – Release 12
• Facilitate and develop uniform business processes
• Implement Oracle Cloud Financials (GL, AP, FA , Cash Mngt.) for all partner hospitals
• Shared Services Model managing all current entities, and a framework to manage future additions
• Use of Automated Oracle Scanning functionality to scan Vendor invoices and create AP Invoice transactions in
Cloud ERP
• Consolidated Reporting using Hyperion Financial Reporting Studio & SmartView
Benefits
• Streamlined business process across 40+ veterinary hospitals / centers
• Shared center model
• Invoice traceability mechanism via AP Scanning, reduced efficient invoice processing reducing payment cycle time
• Consolidated reporting with automatic intercompany elimination
• Financial Reporting & distribution– time reduced to couple of hours using bursting process
Business Requirements
• Automate intercompany across 40 + Legal
entities
• Shared services model – for back office
operations involving invoicing & payments
• Invoice scanning mechanism for quick turn-
around time for vendor payments
• Global consolidated reporting for 40+
entities
VPP ERP Cloud Financials Implementation
“Jade Global was proactive, was
prepared with their accelerator
toolkit including documentation, best
practices and solutions to help us
with a smooth transition. We are
extremely pleased with their level of
commitment, flexibility and drive to
make us successful.”
Marc Rose
Chief Financial Officer, VPP