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A $5B privately held U.S. company in the Agriculture, Food & Beverages, and Consumer Packaged Goods sector. With fully integrated operations, from farm to shelf, they manage a diverse portfolio including fruits, nuts, flowers, water, wines, and juices. The company is the world’s largest grower of tree nuts, the top citrus producer in the U.S., and the global leader in flower delivery.
Despite strong operational capabilities, the client faced ongoing cost accounting challenges within their Inventory and Manufacturing processes. Key transactions often remained in an "Unprocessed" status, leading to inaccurate inventory valuations and disrupting month-end financial closes.
These issues created a ripple effect across the organization:
Heavy reliance on manual intervention from IT and Finance
Delays in financial reporting cycles
Increased audit and compliance risks
Growing frustration among business units
The organization needed a scalable, long-term solution that would ensure accurate, timely financial closes, improve data integrity, and reduce dependence on IT support.
To tackle the root causes of these challenges, we delivered a structured, five-step approach:
Conducted an end-to-end review of Oracle Fusion Cost Management configurations, including cost profiles and item costing attributes for the error transactions. Identified process and configuration gaps such as missing work order closure delays, incorrect item attributes (Costing Enabled, Inventory Asset, Expense Flag).
Resolved recurring Cost Processor and Create Accounting errors such as missing layer costs, missing cost profiles, incorrect item attributes like Inventory Asset Value, etc. Applied permanent fixes by updating Cost Profiles, correcting item attributes, and cleaning stuck transactions by updating the receipt costs.
Developed custom BI Publisher reports to highlight errored transactions with clear root-cause insights for faster resolution.
Empowered finance users to independently identify and resolve common issues, reducing IT dependency.
Implemented proactive monitoring to detect unprocessed transactions before they impacted financial closes.
These results not only enhanced financial confidence but also freed up resources to focus on strategic growth.
We have also helped manufacturers by implementing parallel processing in Oracle ERP to accelerate shop floor operations.
Within just four weeks, the client experienced transformative results that boosted both accuracy and efficiency:
Cut cost accounting errors by 90% dramatically improving data integrity
Consistently closed month-end on time with little to no IT intervention
Achieved precise item costing and valuation across all units
Reduced audit risk through enhanced transaction traceability
Streamlined work order closures to accelerate operations
Empowered finance teams to proactively resolve issues keeping processes running smoothly
“ Hi Shabbir,
Thank you for the excellent job you did in proactively clearing the costing error in the Oracle Fusion application for our Wine business. Your initiative in identifying and resolving these issues is truly commendable.
Following your success with the Wine business, we would like to request your assistance in addressing the costing errors for our Citrus business as well.
Your expertise and proactive approach will be invaluable in addressing the root causes of these problems and ensuring the system remains clean moving forward.
Thank you once again for your outstanding work. Your contributions are highly valued and greatly appreciated.”
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