Checkr modernizes finance operations with Oracle Cloud ERP

Checkr modernizes finance operations with Oracle Cloud ERP
  • November 29, 2023

Checkr, Inc. (Checkr) is a technology company that uses artificial intelligence to improve the speed of background screenings and the hiring process. The company wanted to enhance its ERP platform to prepare for global expansion and growth. PwC helped Checkr implement a scalable Oracle Cloud ERP solution and streamline finance operations over a ten-month period. Its cloud-native ERP enabled Checkr to reduce close timelines by restructuring its chart of accounts, ledger, legal entities, invoice-to-cash process and procurement system.

Checkr Inc

CLIENT

INDUSTRY

Technology, media and telecommunications

FEATURING

Oracle

10 months

time to value, delivering global design, implementation, training and change management

53%

reduction in period close times

40%

improvement in reporting and governance efficiencies as a result of the scale and capabilities provided by Oracle Cloud ERP

A cloud-based ERP that can help automate processes, enhance internal controls, streamline operations and boost employee confidence

Interview with Sameer Chaturvedi Head of Corporate Engineering, Business Technology,  Checkr, Inc.


Interview with

Sameer Chaturvedi

Head of Corporate Engineering, Business Technology, Checkr, Inc.

 

What was the challenge?

“Efficient operational growth is one of our top business goals at Checkr. We wanted to establish a scalable ERP platform that could support our expansion plans and provide a foundation for financial reporting, governance and controls. Our former ERP was able only to scale so far. To help meet our multi-entity, chart of accounts, ledger structuring, procurement and fixed asset needs, the legacy platform would have required upgrades and extensive customization making it more difficult to adapt as our business grows. Moving to an industry-leading cloud platform could better position our business for the next phase of its growth journey with confidence in our technology’s agility.”

Describe the solution delivered by the PwC community of solvers.

“We knew that it was time to transform rather than upgrade our ERP in order to grow the business. PwC helped us assess and strategize the ways to get there, leading us through a migration to Oracle Cloud ERP. And the firm built the business process and system capabilities to help bridge the gap between IT systems and business thinking. We worked together to design the foundational aspects of a long-term ERP platform that could support future growth and scale — assessing the risks and benefits associated with digital transformation along the way.”

How does the solution blend the strengths of technology and people?

“Oracle Cloud helps build trust and strengthen our governance and controls. It can streamline back-office finance operations and segregates responsibilities or tasks among employees to enable scalable controls. Further automation built on this foundation can help continue making accounting, billing, reporting and fixed asset management more efficient. PwC’s support in training our employees and the platform’s ease of use allowed us to swiftly transition in ten months.”

Where or how did innovation and unexpected ways of thinking come into play?

“Our move to Oracle Cloud ERP helped set the foundation for future scale, innovation and growth that wasn’t previously achievable with our legacy technology. We adopted industry-leading out-of-the box functionality on an expedited timeline and worked with PwC to help develop creative, overlapped delivery methods. Through the various implementation, integration and training phases, PwC helped us simplify the user experience, stabilize operations and build business processes that capitalize on cloud capabilities.”

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