Flagstar Bank Modernizes Their Planning and Budgeting Processes by Moving Their On-Prem Hyperion EPM to Oracle Cloud EPM

While migrating to the cloud is a priority for global companies, it can result in unnecessary complexity if these moves are not properly managed. Such is the case when moving from the on-prem classic planning application to Oracle Cloud EPM Planning. Even though there is a clear migration path, certain configurations for optimization and changes to planning and budgeting dynamics must be addressed in the migration roadmap.

In this interactive question and answer session with our customer, Flagstar Bank, we will discuss the migration path from their on-premises planning application to Oracle Cloud EPM Planning for their Financial, Workforce, Allocation, and Reporting applications. We will break down the challenges leading Flagstar Bank to successfully pivot to the cloud and highlight some of the benefits, including reduced IT costs, increased agility, and more efficient planning processes. By leveraging the capabilities of Oracle Cloud EPM, Flagstar Bank has eliminated many of its business challenges allowing its focus to shift to strategic company goals and growth.

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