Reimagining Enterprise Ireland’s Financial Systems Through Cloud

Enterprise Ireland faced a range of challenges with their legacy financial and procurement systems. Operating in over 30 international locations, they required a system that could support their dynamic and expansive role. The priority was to improve their business processes to maintain efficiency in the global market. Without addressing these challenges, Enterprise Ireland risked lagging in operational effectiveness, impacting their ability to empower Irish enterprises.

Enterprise Ireland had identified the need to transition to a more automated, data-driven approach. This change was not just about technology upgrades but, more importantly, about transforming business operations to better support and scale Irish businesses in the global market

Version 1 offered a streamlined solution by implementing Oracle Fusion Cloud ERP, covering essential services like General Ledger, Accounts Payable/Receivable, and Cash Management. The close partnership with Enterprise Ireland ensured a custom fit from the beginning of the project through to its implementation, directly addressing their unique challenges and positioning them for ongoing innovation. The solution included bespoke Tax and Expense Mileage solutions to meet specific requirements and enhance internal processes, applicable across various sectors.

The project also entailed a digital overhaul, applying best industry practices to refine and improve key financial operations, thereby increasing efficiency and accuracy. This transformation modernised Enterprise Ireland’s financial systems, aligning them with leading standards and significantly boosting their global operational strength. With Version 1’s continued support through managed services, Enterprise Ireland is now well-prepared for future updates and innovations.

The digital transformation journey was a resounding success, revolutionising Enterprise Ireland’s business operations, enhancing reporting accuracy, and significantly boosting operational efficiency.

The transformation laid a solid foundation for enduring growth and innovation, solving immediate challenges while setting the stage for future advancements. It streamlined financial and procurement workflows, elevated data management practices, and improved operational agility.

The tailored expense solution led to a 20% reduction in processing time. These efficiencies were achieved by transitioning from a manual process to an automated mileage and subsistence expense claims process. This change not only signified operational excellence but also fostered immense customer satisfaction.

Enhanced reporting capabilities accelerated the decision-making process, highlighting the project’s broad-ranging benefits beyond mere technological upgrades.

Version 1 successfully met customer expectations and project timelines, marking a significant milestone in Enterprise Ireland’s journey towards digital excellence.

Version 1 proves that IT can make a real difference to our customers’ businesses. We are trusted by global brands to deliver IT services and solutions which drive customer success. Our team of difference-makers work tirelessly to provide independent advice and deliver impactful changes to help our customers navigate the rapidly changing Digital-First world we live in. Our greatest strength is balance in our efforts to achieve Customer Success, Empowered People and a Strong Organisation, underpinned by a commitment to our values. We believe this is what makes Version 1 different and more importantly, our customers agree.