Accounting consolidating

With 25% of Orange’s workforce due to retire in the next four to five years, it’s also important for the operator to create a work environment that appeals to younger generations of employees, Eouzan says.“We need to provide them with digital tools that are at least on a par with what they have at home, and certainly with what we’re selling to our own customers,” he says.Fixed and mobile telecom operator Orange (formerly France Telecom) is consolidating its financial systems to free its corporate finance people to do higher-level work in support of a companywide transformation initiative dubbed Essentials 2020.The linchpin of this initiative, from the perspective of the finance department, is replacing multiple vendor and homegrown ERP systems, which help Orange manage relationships with telecom equipment vendors, technicians, and other contractors, with Oracle ERP Cloud.“And the answer is because other companies do it differently.That forces us to re-evaluate our own practices,” pushing Orange toward a more modern approach. But because it’s cloud-based, Orange has gone to zero customizations from about 500 customizations to its prior ERP systems, Eouzan says.And as transformation of the backbone goes, so goes the company’s overall transformation and modernization."Fixed and mobile telecom operator Orange (formerly France Telecom) is consolidating its financial systems to free its corporate finance people to do higher-level work in support of a companywide transformation initiative dubbed Essentials 2020.And as transformation of the backbone goes, so goes the company’s overall transformation and modernization.

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For the past decade, Drew has provided executive leadership in Risk Management, Insurance, Safety, and Loss Control to some of the largest emergency medical services and passenger transportation providers throughout North America and Europe including Laidlaw International (First Transit) Transdev (Veolia) and Keolis North America.Eouzan adds the cloud ERP system will reduce the amount of time back-office personnel have to spend matching requisitions, purchase orders, and vendor invoices.An integrated social networking tool makes it easier to track internal transactions, conversations, and documents.A new portal on the ERP system will give equipment vendors and other contractors, such as call center operators, more transparent, real-time access to information about their orders and outstanding invoices, Eouzan says.By the same token, Orange will have better, simpler procedures and controls over financial systems.

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