The Client: Equity Residential is a national apartment management company with 3500 employees and a total market value in excess of $17B. The company focuses on the acquisition, development and management of high quality apartment properties in top U.S. growth markets.
Business Problem : The traditional reporting structure was segregated into multiple areas across their field and corporate groups, reports and dashboards were manually created in Excel, and data consumers often had to rely on reports created outside the official reporting structure.
Solution : Emtec advised Equity on the implementation of Oracle’s Business Intelligence Enterprise Edition (OBIEE)- a centralized environment that pulls data from their enterprise data sources and applications, providing all levels of the organization with relevant insight and information optimized for their role.
Results : Equity Residential now has a unified platform upon which they can build their enterprise reporting and analytics providing a “single version of the truth”. This new capability has also greatly improved the efficiency and timeliness of their month-end financial close process.