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Pharma & Life SciencesERP Solutions
Close consolidation cut from 10 days to 6 with FCCS + ARCS
A pharma group with 14 legal entities was burning Saturdays on close. ETHX rolled out FCCS for consolidation and ARCS for reconciliations — and clawed back two days from every close.
Client
Mid-Cap Pharma Group
Duration
16 weeks
off the close
−4 days
Modules
3
Case study image
* Mid-Cap Pharma Group (placeholder)
The Challenge
- 14 legal entities on three different ledgers with manual consolidation in Excel
- Reconciliations done by email — variance trails impossible to audit
- 10-day close, with the last two days regularly running into Saturday
- GxP-aligned change control needed across every release
Our Approach
- FCCS rollout across all 14 entities with intercompany elimination
- ARCS for automated account reconciliations with risk-rated workflow
- Validated change control playbook aligned to GxP
- Three parallel close cycles before full cutover
- Hypercare through first two month-end closes
The Outcome
- Close down from 10 days to 6 within the first quarter
- Reconciliations 100% in ARCS with full audit trail
- Saturday close work eliminated
- Zero findings on the next regulatory audit
Tech stack
Oracle Fusion FCCSOracle Fusion ARCSOracle Fusion FinancialsSmart View
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