Background:

Yelp operates an “online urban guide” and business review site. It uses automated software to recommend the most helpful and reliable reviews for the Yelp community and to help them connect with great local businesses.

Situation:

Yelp needed to replace multiple disparate applications and inefficient transaction processing with the goal of centralizing employee and organizational data into a scalable platform that would improve reporting, offer visibility into operations and eliminate manual processes.

Solution:

Infovity implemented Oracle E-Business Suite Release 12 including Oracle Financials, Service Contracts, Purchasing and Oracle Human Resources.

Implemented a single global instance of Oracle EBS in a hosted environment
Streamlined month-end close processes
Consolidated global financial statements
Improved visibility with greater reporting capabilities into global financials and HR processes
Integrated acquired companies into Oracle R12 global instance
AR integration and credit card reconciliation

Results:

The management team and Infovity worked together to automate many finance functions, streamline global operations, strengthen financial controls, and shorten the month-end close cycle.