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Vanguard Enhances Finance Function with Oracle Cloud ERP Apps

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Vanguard migrates core finance to Oracle Cloud ERP and EPM, moving from a heavily customized on‑prem stack to no customizations and out‑of‑the‑box best practices; close cycles drop from half a day to minutes and procurement approvals become a one‑click process. The firm runs 95% of crew remotely, manages $7 trillion AUM and ~30 million clients, and plans day‑two rollouts like Oracle Analytics, Narrative Reporting and Accounting Hub to deepen transparency and speed decision making.

AI-written summary · about

  1. 0:00Start
  2. 0:33Chief Accounting Officer and Fund Cfo
  3. 5:46Transparency of Information in the Oracle Cloud
  4. 7:53The Dimensionality of the Chart of Accounts
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