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Why CarDekho Replaced SAP with Oracle Ahead of IPO
- CarDekho is focusing on technology-driven financial transformation as it prepares for its IPO, relying on Oracle's cloud-based ERP solution for streamlined financial operations.
- The move from an outdated SAP system to Oracle was driven by the need for enhanced capabilities, scalability, and cost savings, with Oracle's cloud model offering advantages like reduced operational costs and easier updates.
- Implementation of Oracle ERP, EPM, and SCM modules aimed to consolidate systems, reduce reliance on Excel, and improve business processes at CarDekho.
- CarDekho is among many companies transitioning from SAP to Oracle for better efficiency, cost savings, and streamlined operations.
- The switch to Oracle has enabled CarDekho to standardize operations, gain real-time insights, and prepare for further value with Oracle's EPM module.
- CarDekho is looking towards AI adoption for automating standard processes and leveraging Oracle's AI capabilities for improved efficiency.
- The move towards cloud-first platforms like Oracle showcases how finance teams are embracing technology for speed, consistency, and scalability, setting the stage for IPOs and future tech adoption.
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