Oracle Fusion Cloud provides real-time insights for Williams Companies

Key Takeaways

Williams Companies has migrated its finance and operations to Oracle Fusion Cloud ERP, enhancing real-time insights, cost control, and reducing energy consumption.

The transition from a legacy financial management system to a modern cloud solution aims to improve visibility, governance, and productivity within Williams, while simplifying finance and operations processes.

Oracle Cloud ERP has significantly lowered costs for Williams and improved operational margins, emphasizing the impact of advanced technologies such as AI-driven automation and predictive modeling in the oil and gas sector.

Williams Companies, the largest interstate natural gas supplier in the United States, has moved its finance and operations to the cloud with Oracle. Oracle Fusion Cloud ERP will provide Williams with real-time insights and cost control as well as being able to reduce its energy consumption with SaaS.

With the company handling nearly 30 percent of the natural gas in the United States, Williams needed to replace its legacy financial management system with a more modern, up-to-date cloud solution that would enhance visibility and governance across its business, to obtain an improvement in productivity and simplify its finance and operations processes. Oracle Cloud ERP was chosen for its ability to automate and manage key financial data on a single, secure and scalable cloud platform.

Brian Letzkus, chief information officer at Williams, said: “The natural gas industry went through a boom, and then into stabilization, which impacted our cost structure significantly. The constant growth of buying and bolting on new solutions created a crowded IT organization with fluctuating costs. With Oracle Cloud ERP, our costs have gone down dramatically, we get new updates every quarter, and we’ve seen huge improvements to our operational margin – it’s been a big game changer.”

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Rondy NG, senior vice president of applications development, Oracle, said: “From core finance transformation to AI-driven automation, advanced analytics, and predictive modelling, our investments in oil and gas industry focused innovations are at the heart of Oracle Cloud ERP. We are proud to be partnering with Williams to help the company focus on building strategic alliances, unlocking new business opportunities, and building a clean energy economy.”