RiverStone is part of the insurance and reinsurance operations of Fairfax Financial Holdings Limited, Canada. The company specialises in the acquisition and management of legacy insurance books from other insurance companies.
RiverStone needed a future-proofed, stable platform that ensured efficient reporting and supported future growth. As RiverStone’s trusted Oracle partner, Claremont was selected to implement Oracle ERP Cloud.
Following the successful go live in Summer 2016, the following video was commissioned to demonstrate the value experienced by RiverStone:
“Moving our ERP system to the cloud is showing early signs of being one of the best decisions we’ve made. Claremont provided experienced consultants who not only understood our business but explained everything in advance and delivered against those explanations making the six-month process pain-free. The result is a delivered system already satisfying our requirements, that’s cheaper to maintain, gives us the latest technology as it’s released and provides a higher quality of service for our business.”
Dave Tyrrell Finance Manager, RiverStone
RiverStone have experienced significant business benefits from implementation:
- Within six months, RiverStone’s ERP operations had moved from Oracle E-Business Suite to a new, future-proofed, robust and scalable, cloud-based system architecture.
- Moving to Oracle ERP Cloud has reduced ongoing system maintenance costs and the disruption of periodic upgrades.
- The new system will reduce the month-end closing cycle and improve group reporting by replacing many Excel activities for statutory and internal.
If you would like to know more or to arrange a face to face meeting to discuss your Cloud requirements, please email firstname.lastname@example.org.