OUR SUCCESS STORIES

THE MARMARA GROUP

Oracle EPM | Planning & Budgeting

Company Profile

Founded in 1978, Istanbul Turizm ve Otelcilik A.Ş. is one of the most established and pioneering tourism companies in Turkey with its “The Marmara” brand.

The Marmara group consists of The Marmara Taksim, The Marmara Pera, The Marmara Şisli, The Marmara Suadiye, The Marmara Antalya, The Marmara Bodrum, The Marmara New York and Esma Sultan Mansion, which is a venue for very special events.

The Marmara is one of Turkey’s leading brands that brings Turkish traditions together with its distinguished guests with its uncompromising service quality. The Marmara, the only Turkish chain competing with international foreign chains with its unique stance, is also highly appreciated for its distinctive architectural features and manages to surprise its guests with different designs in each hotel.

The Challenge

  • Need for management and reporting of all businesses on a single platform

  • Budget is prepared at income statement level, cash flow and balance sheet are prepared separately

  • Multiple currencies (EUR, USD, TRY) are used for income and expense planning and all amounts need to be reported in EUR

  • The need for reports to be in presentation formats

  • Break free from dependency on Excel

  • Instead of copy-paste, integration with multiple data sources 
  • Consolidation of all financial figure

Proposed Solution

Oracle EPM | Planning & Budgeting

  • Reliable planning with Oracle EPM forecasting tools

  • Trust in data with superior integration capability

  • Rich reporting with integrated business intelligence

  • Modeling capability for different industries

  • Working with Excel interface instead of creating in Excel

  • Scenario, version, what-if analysis

Achievements

  • Single modelable platform for all businesses in the group

  • Instant, reliable and accurate data with integration with all sources

  • Much better forecasting with scenario and what-if analysis

  • Ease and richness of reporting

  • Process automation using dashboards and task lists

  • Use of multiple currencies and gathering all financial statements under a common roof

  • KPI analysis

  • Consolidated reporting

Customer Feedback

Having a single platform that can be modeled for all our businesses has increased our efficiency.

Thanks to integrations, it has become very easy to access instant, reliable data and to base our decisions on more solid foundations.

Ease and richness of reporting enabled effective management.



Barış Topuzlu | IT Director

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