Australian Finance Group, the country’s largest mortgage broking group, wanted to spend less time on routine financial operations and more time on the digital and data initiatives giving it a competitive edge.
AFG adopted Oracle ERP Cloud, Oracle Sales Cloud, Oracle Planning and Budgeting Cloud Service and Oracle Documents Cloud Service to automate its financial processes end to end.
AFG now processes its 600,000 monthly commission payments five times faster – in two hours instead of ten – while tripling its capacity to innovate and cutting annual operating costs by US$376,000.
