DENSO Europe Improves and Simplifies Cross-National Financial Processes and Compliance by Upgrading to Flexible, Intuitive Solution

DENSO Europe upgraded to Oracle’s JD Edwards EnterpriseOne 9.0 to improve the efficiency of key financial processes and enable process standardization across all European offices. The company optimized customer credit management and financial risk assessment by processing accounts receivables 70% to 80% faster. The deployment also enabled Single Euro Payments Area (SEPA) processes, streamlined financial reporting across differing tax regimes, and simplified compliance with International Financial Reporting Standards (IFRS) and Sarbanes Oxley (SOX) regulations