Legacy Financial Processes Slowed Agility
Seaspan plays a vital role in Canada’s marine sector: designing, building, and repairing ships, and transporting goods, materials, and fuel safely and efficiently through the Pacific Northwest. The finance team relied heavily on IT for access to operational data, creating bottlenecks and reducing agility in a rapidly evolving business environment.
Cloud-Based Consolidation Brings Visibility and Control
To address these challenges, Seaspan partnered with R-Cubed to implement Oracle Fusion Cloud Enterprise Performance Management (EPM). The platform provided a unified approach to the financial consolidation and close processes, including automated intercompany eliminations and business-driven reporting. With Oracle Cloud EPM, Seaspan’s finance users can directly access critical financial data, reducing IT dependency and improving visibility across the organization. Time-consuming manual tasks were replaced with structured, automated workflows that ensure accuracy, consistency, and speed.
Improving Financial Operations Through Increased Transparency
Seaspan significantly increased visibility to the time and effort required for financial close, while identifying opportunities for continuous improvement. Finance gained the ability to respond faster to dynamic conditions, supported by modernized processes. With Oracle Cloud EPM in place, Seaspan now operates with a more transparent financial engine aligned to business strategy.
“R-Cubed has provided excellent leadership, technical expertise and project management support... I highly recommend them as a business partner to organizations engaging in transformational technology implementation projects.”
— Sara Domina
Director, Digital Transformation, Seaspan
