As a leading distributor of electronic components around the globe, Arrow is an integral part of its customers’ supply chains. For such a company, a single, integrated financial system plays a key role in smoothly integrating with the business processes of its partners as well as in reducing costs.
A period of rapid expansion during which Arrow acquired several companies had complicated the distributor’s financial landscape. It became imperative for Arrow to create an integrated, agile financial platform that would enable it to operate more efficiently and provide management with improved financial information.
To improve performance, Arrow wanted to create a global financial system. With Accenture’s help, it decided to standardize on Oracle Financials, and also to implement Oracle Advanced Procurement, both part of Oracle E-Business Suite.
The number of Arrow’s global business partners, both suppliers and customers, meant that this would be a very complex implementation. Accordingly, Arrow asked Accenture to extend its involvement beyond software selection to lead the implementation project, working with the existing implementation partners and Oracle to ensure that Arrow’s stated requirements were met.