September 29, 2020

Accenture Collaborates with Oracle to Transform Nickel Bank’s Finance Functions

Implementation of cloud-based Oracle Cloud solution completed in just six months

PARIS; Sept. 29, 2020 – Accenture (NYSE: ACN), a Platinum level member of Oracle PartnerNetwork (OPN) completed an information technology (IT) modernization project for Nickel, a subsidiary of BNP Paribas and the first French neo-bank, that transformed Nickel’s finance functions with the implementation of Oracle software-as-a-service (SaaS) and Enterprise Resource Planning (ERP) solutions.

The project was undertaken as part of OXYGENE, a program Nickel launched in 2019 to modernize, simplify and harmonize its IT systems by migrating them to the cloud — helping ensure best practices for its financial management capabilities. Nickel chose Oracle Cloud ERP for three key differentiators: the simplicity of application configuration and use, the cost and scalability of the solution, and the agility provided by the cloud. Accenture led implementation of the solution, leveraging the company’s expertise in digital transformation, innovative methodologies for implementing Oracle Cloud solutions, and substantial experience in the financial sector.

"We’re excited to have played a key role in helping Nickel harness the full value of SaaS with confidence — safely migrating, managing, and innovating to drive greater agility and business performance," said Philippe Montmartin, Accenture’s Oracle Cloud ERP Lead for France & Benelux. “This work, which has enabled Nickel to pursue its strategy of continuous innovation, is another great example of the power of our strategic collaboration with Oracle.”

In just six months, Accenture helped Nickel to:

"Today, more and more companies are choosing to move their business applications, whether it’s finance, HR, logistics or marketing and sales, to a SaaS model. And many are deciding to begin this migration with ERP, understanding that the finance function is a critical component of the company’s strategy and sustainability," says Eric Gatrio, Applications Leader for Oracle France. "In addition to a fruitful new collaboration with our partners at Accenture, I am delighted that a bankNickel, with all its regulatory constraints and requirements in terms of data availability and confidentiality, has chosen to put its trust in our cloud solutions — which we build specifically with security in mind — and look forward to expanding on this success with Nickel and other financial institutions.”

Nickel Chief Operating Office Olivier Jean added, "Nickel’s growth, both in France and abroad, requires us to make our internal processes ever more reliable. The adoption of a cloud-based ERP solution allows us to focus on our core business by relying on the most efficient market solutions for our support functions. We are very pleased to have partnered with Accenture and Oracle on such an important project.”

Olivier Jean will discuss the project in more detail in a webinar organized by Oracle in partnership with Accenture on September 30th at 5pm. Register to attend online here.

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About Oracle PartnerNetwork
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About Nickel
Nickel offers a current account open to everyone, with no income, deposit or asset conditions, and no overdraft or credit facility. The account is opened in 5 minutes at a tobacconist or a Point Nickel approved by the Banque de France and provides, for 20€ per year, an international Mastercard®, a nominative RIB and tools to follow your operations in real time (Web, mobile, SMS). More than 1.7 million Nickel accounts have been opened with a distribution network of more than 5,700 partner outlets.

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Camille Garcia
+33 1 53 23 54 94

Velislava Le Fevre
+33 1 53 23 46 18

Bastien Rousseau
Oracle France
+33 1 06 27 45 32 06

Dominic Riding

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