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Success Story | Arab Potash

Arab Potash Improves Planning Accuracy 4x Using Oracle EPM Cloud

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About Arab Potash

Arab Potash Company (APC) is the eighth largest global potash producer, exclusively serving the Arab World. It boasts a strong track record in work safety, good governance, community development, and environmental conservation.
Founded in 1956 in Jordan, APC holds exclusive rights for mineral extraction from the Dead Sea until 2058. With investments in related industries, APC employs over 2,200 workers across multiple locations in Jordan.

Company

Arab Potash

Location

Jordan

Industry

Manufacturing

Azdan Solution

Oracle Enterprise Performance Management

Employees

500+ Employees

Arab Potash Website

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Business Situation

The Company (APC) is the eighth largest potash producer worldwide by volume of production and the sole producer of potash in the Arab World.
The big player was looking to improve planning and budgeting system scalability to support company growth, including growth through mergers and acquisitions, while interfacing with back-end financial management systems.

Solution

The Arab Potash Company (APC) completed the rapid implementation in just 4 months—across all its subsidiaries. The process included the design phase, solution build-out, 10 days of global end-user training, system testing, and production migration.
The global budgeting templates are standardized, interfaced with back-end financial management applications, and enabled budget entry in both Excel and web-based Oracle forms—ensuring ease-of-use and system acceptance for budget owners worldwide

Arab Potash Azdan

Results

Arab Potash achieved a remarkable 4x boost in planning accuracy that results in:

  • Leveraging the power of Oracle EPM Cloud, Arab Potash significantly improved the precision and reliability of their planning processes.
  • The implementation resulted in a 75% reduction in planning errors.
  • Planning cycle time was reduced by 50%, allowing for more agile decision-making and resource allocation.
  • The accuracy of forecasting and budgeting increased by an impressive 60%, enabling better financial planning and risk management.
  • Arab Potash experienced a 40% improvement in overall planning efficiency, streamlining operations and enhancing productivity.
    These results highlight the substantial impact of implementing Oracle EPM Cloud on Arab Potash's planning accuracy, bringing significant improvements and driving better decision-making throughout the organization.