Non-Profit Mental Health Care organization transforms essential financial processes

Summary:

Youth Consulting Service (YCS) was able to streamline and automate their essential business processes in procurement and finance and make their operations more efficient while enhancing their reporting capabilities. Their VP’s now have real time access to the accurate information they need to support key decision making.

About:

Youth Consulting Service (YCS) is a non-profit organization that provides behavioral health and mental health services for children with special needs and adults with developmental disabilities. They have been caring for vulnerable New Jersey children and families since 1918. Their teachers and administrators have developed an educational system that helps students develop emotional awareness, social competence, and cognitive abilities

Business challenges:

Youth Consulting Service (YCS) has been in business for well over 100 years. In that time through various mergers and transitions of technology, the client ended up with a myriad of solutions to manage their financial landscape. These solution were inefficient, cumbersome to gather data from, and not built to be future proof. All of this combined to make for a solution set that was quickly becoming outdated and expensive to maintain.

Why Oracle:

When compared with other vendors, Oracle Cloud HCM and Oracle Finacials proved to be cost effective and aligned with YCS’ overall goal of a unified solution that provided transparent reporting. YCS selected Oracle Fusion Cloud Human Capital Management (HCM) and Oracle Fusion Financials Cloud because of the single system solution that’s tightly integrated. This allowed a streamlined HR & Financial system across their enterprise in a rapid deployment timeframe of only 5 months.

Oracle Expertise Areas:

Financials
Human Resources (Core)
Oracle Cloud EPM Account Reconciliation
Oracle Cloud EPM Financial Consolidation and Close
Oracle Cloud EPM Narrative Reporting
Oracle Cloud EPM Planning
Oracle Cloud EPM Profitability and Cost Management

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