ClearView Wealth, the Australian life insurance, superannuation and financial planning provider, needed to produce a large volume of statutory financial reports without manual intervention to meet its regulatory requirements – a heavy burden for a company of its size.
ClearView adopted Oracle Financials Cloud for its reporting platform, simplifying system management and cutting the IT overhead that matters most for a smaller company.
The move freed up two full-time equivalent staff from collation work to focus on analytical work instead, while giving ClearView real-time statutory reports on demand.