Showcasing the Best in Master Data Management

Oil & Gas Success Story with Oracle Data Relationship Management

Major oil field services company focused on enabling oil & gas drilling, formation evaluation, completion and production. This organization has nine divisions worldwide and operates in over 90 countries.

The Challenge

  • Lack of transparency between ERP, consolidation and analytic systems
  • Each division managed their system autonomously, which created a number of control issues within the organization
  • Users could not easily make changes based on role and access (i.e. new accounts, what-if analysis, alternate hierarchy views, reorgs, etc.)

The Solution

Oracle Data Relationship Management was leveraged to manage hierarchies in order to create regional, divisional & consolidated reports.

  • Enterprise Performance Management solution implemented across world wide divisions for more than 2,000 users
  • Data Relationship Management is used as a management tool to drive consistency and accuracy of 200,000+ members and related hierarchies (e.g., Top customers, product lines, well and facility locations)
  • Distributed control over alternate aggregation structures at regional & global levels drives divisional & corporate financial consolidation and reporting
  • Simplified SOX compliance to ensure transparency in change management tasks and complete audit trails
  • Maintained data integrity across divisions and systems using automatic attribute management with business rules

Products used:

Oracle Data Relationship Management