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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

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Case Study: ERP Cloud Financials Implementation for Veterinary Services Provider

  • 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