Leading homebuilder consolidates
finance, planning, and supply chain processes in the cloud as it
expands offerings nationwide
LAS
VEGAS, Sept. 10, 2024 /PRNewswire/ -- Oracle
CloudWorld -- Clayton, a leading national builder of
single-family attainable housing, is leveraging Oracle Fusion Cloud
Applications Suite to streamline business processes and
support its mission to provide attainable, sustainably-built
housing to individuals and families across America. With an
integrated suite of cloud applications to manage finance, planning,
and supply chain processes, Clayton has increased efficiency,
reduced costs, and enhanced decision-making as it serves its
customers across the country.
Founded in 1956, Clayton has grown to become one of the nation's
leading home builders, with more than 60 home building and
component manufacturing facilities, over 380 company sales
locations, and a product portfolio that includes a comprehensive
range of modern manufactured and site-built housing. With
a vertically integrated business model that includes home
building, retail, and financing business units, Clayton's complex
operations made it difficult for leadership to gain timely insights
and slowed decision-making. Clayton needed a unified business
platform that could streamline complex finance and accounting
processes, improve operational visibility, and support its dynamic
supply and demand planning needs. After careful consideration,
Clayton consolidated its finance, planning, and supply chain
processes on Oracle Fusion Applications.
"The housing industry has endured numerous headwinds recently
with rising interest rates and material inflation. Now, more than
ever, we need to stay focused on enterprise-wide productivity,
improvements, cost reduction, and driving value for our customers,"
said Jim Stariha, chief financial
officer, Clayton. "Oracle Fusion Applications Suite has enabled us
to standardize intricate finance and supply chain processes on
a single integrated cloud platform and take advantage of
advanced capabilities to reduce working capital, increase
productivity, expand insights, and improve decision-making as we
make home building more sustainable and homeownership more
attainable."
With Oracle Fusion Cloud Enterprise Resource Planning (ERP),
Clayton has been able to increase efficiency and insights,
reduce costs, and improve financial controls by consolidating
financial data from its business units into a single chart of
accounts and general ledger. Oracle Fusion Cloud Enterprise
Performance Management (EPM) has helped Clayton further
streamline planning, budgeting, and reporting to accelerate its
financial close process. In addition, Oracle Fusion Cloud Supply
Chain & Manufacturing (SCM) has helped Clayton improve
supply and demand planning and increase the efficiency of home
building and logistics operations so it can quickly respond to
changing market conditions.
"To stay competitive in the housing market, Clayton needed to
consolidate systems, streamline processes, and embrace automation,"
said Steve Miranda, executive vice
president of applications development, Oracle. "With Oracle Fusion
Applications, Clayton can take advantage of an integrated
applications suite with embedded AI to help improve the speed and
accuracy of processes, increase overall efficiency, and bring new
housing innovations to market that help make homeownership a
reality for more people in America."
Oracle Fusion Applications Suite enables organizations to take
advantage of the cloud and the latest advancements in AI to break
down organizational silos, standardize processes, and manage
finance, HR, supply chain, and customer experience data on a single
integrated cloud platform. With quarterly update cycles, it gives
customers access to continuous innovation as new features are added
every 90 days.
To learn more about Oracle Fusion Applications, please
visit: oracle.com/applications
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About Clayton
Founded in 1956, Clayton is committed to opening doors to a better
life and building happyness® through homeownership. A
Berkshire Hathaway company, Clayton is a leading single-family,
values-driven home builder dedicated to attainable housing,
sustainable practices, and creating a world-class experience for
customers and team members. The company's portfolio includes a
comprehensive range of site-built, modern manufactured, Tiny,
CrossMod® and modular housing. In 2023, Clayton built more than
52,000 homes across the country. For more information,
visit claytonhomes.com.
CrossMod® is a registered trademark of the Manufactured
Housing Institute.
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registered trademarks of Oracle Corporation. NetSuite was the first
cloud company—ushering in the new era of cloud computing.
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SOURCE Oracle