Blue Nile Jewelry
Using Oracle EPM Cloud and Saying ‘I Do’ to Streamlined Budgeting Cycles, Standardized Reporting and Automation
Blue Nile was founded in 1999 with the idea that the diamond and engagement ring business was ready for innovation. Their technology solutions were ready for innovation too. They revolutionized the industry with a disruptive online business model, making it possible to shop for extraordinary, high-quality diamonds at a great value — and revolutionized their planning with Oracle EPM Cloud.
Blue Nile is a high-growth company and Oracle E-Business Suite client that had limited planning processes and needed to streamline and improve accuracy. They required a scalable platform to support continued future growth and possible acquisitions. Blue Nile also needed to eliminate manual processes that were based on spreadsheets and improve visibility and reduce errors, improve accuracy, and streamline financial planning.
Argano communicated the value of Oracle-based solutions and drove executive leadership support to ensure success across all business units. With a limited budget and tight timelines in order to meet the current year’s planning cycle, Argano attacked the implementation and designed the solution within 13 weeks.
With modern functionality and deep planning capabilities, Cloud EPM and Oracle E-Business Suite created a platform for future planning enhancements and leveraged pre-built modules such as Workforce or Project planning. EPM Cloud also provided value out-of-the-box, including best-practice planning that could be easily deployed in consumable increments; an upgradable environment that maintained configurability; and wizards/interfaces that empowered end-users and provided adoption.
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