On-Prem to the Cloud
The rental car industry is in a period of rapid change, primarily due to industry disruption from the likes of Uber and Lyft, along with the highly acquisitive behavior of the industry leaders. Hertz recognized the need to innovate its financial and operational processes, align its product offerings and modernize its vision for growth.
To achieve this budgeting, forecasting and management reporting transformation, we deployed Oracle’s Planning and Budgeting Cloud Service (PBCS) to over 500 users across the world. This case study:
- Reviews the enterprise-wide planning solution that allowed for the setting of targets at the executive level with the capabilities to perform driver-based planning at the location level
- Details how Hertz was able to sunset disparate planning systems that were being utilized in North America, Europe and APAC
- Outlines the move to (1) global platform for budgeting and planning as well as a single source of truth for management reporting