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Oracle Cloud Implementation Helps Stitch Fix Streamline Financial and Procurement Processes - Neev Systems Case Study

Oracle Cloud Implementation Helps Stitch Fix Streamline Financial and Procurement Processes

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Oracle Cloud Implementation Helps Stitch Fix Streamline Financial and Procurement Processes - Neev Systems Case Study

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  1. Oracle Cloud Implementation Helps Stitch Fix Streamline Financial and Procurement Processes End-to-End enterprise IT solutions delivered with precision and quality. Transform today to stay ahead tomorrow.

  2. INTRODUCTION Neev Systems implemented Oracle Cloud to help Stitch Fix achieve streamlined processes and cost reduction Stitch Fix Inc. is a retail and personal styling service in San Francisco, California. They offer online subscription-based personal styling services, providing individually picked clothing and accessories items to customers based on their style preferences

  3. Challenges Historical System Strategy and Scale Challenges: Stitch Fix faced challenges with its historical system strategy as it scaled up its operations and reached $2B in annual revenue. The finance team struggled with over 15 key systems, leading to scaling issues and operational inefficiencies. Standardization and Automation: Stitch Fix was needed to bring uniformity in the budgeting and forecasting processes across business units within Oracle and non-Oracle landscapes. They also aim to standardize reporting information across subsidiaries and automate the reporting process.

  4. Solutions To address the challenges faced by Stitch Fix, Neev Systems implemented the following solution: Oracle Cloud Implementation: Leveraging Neev's Oracle Cloud Implementation methodology, they implemented Oracle Cloud Financials and Procurement solutions. Customization and Integration: Neev extended the out-of-the-box solution using JCS-SX and implemented real-time integrations using OIC to streamline processes and improve data exchange. More information about the topic visit https://neevsystems.com/wp-content/uploads/2023/08/Oracle-Stitch-Fix.pdf

  5. Thank You

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