Success Story

The Marmara Group

Oracle EPM | Planning and Budgeting

Hospitality & Tourism EPM Planning & Budgeting Oracle EPM
Company Profile
The Marmara Group

İstanbul Turizm ve Otelcilik A.Ş., operating since 1978 under The Marmara brand, is one of Turkey's most established and pioneering tourism companies.

The Marmara group consists of The Marmara Taksim, The Marmara Pera, The Marmara Şişli, The Marmara Suadiye, The Marmara Antalya, The Marmara Bodrum, The Marmara New York, and Esma Sultan Yalısı, a venue for highly exclusive events.

With its uncompromising service quality, The Marmara is one of Turkey's leading brands, bringing Turkish tradition together with its distinguished guests.

The Challenge
The Challenge
  • Managing and reporting all properties on a single platform
  • Budget built only at the income statement level, with cash flow and balance sheet prepared separately
  • Multiple currencies (EUR, USD, TRY) used for revenue and expense planning, with a need to report all amounts in EUR
  • Need for reports to be in presentation-ready formats
  • Reducing dependency on Excel
Proposed Solution
Oracle EPM | Planning & Budgeting
  • Reliable planning with Oracle EPM's forecasting tools
  • Trust in data through superior integration capability
  • Rich reporting with integrated business intelligence
  • Modeling capability for different business lines
  • Working with an Excel interface instead of building in Excel
  • Scenario, version and what-if analysis
Achievements
Achievements
  • A single platform that can model all properties
  • Instant, reliable and accurate data through integration
  • Much better foresight with scenario and what-if analysis
  • Ease and richness of reporting
  • Process automation using dashboards and task lists
  • Multi-currency support, with all financial statements brought together under one roof
  • KPI analysis
  • Consolidated reporting
From Our Happy Customers

Having a single platform that could model all of our properties increased our efficiency.

Thanks to the integrations, accessing instant, reliable data and building our decisions on a more solid foundation became much easier.

The ease and richness of reporting gave us the ability to manage effectively.

Barış Topuzlu | IT Director
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