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    Customer Snapshot - Oracle Applications R12

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    Customer Snapshot - Oracle Applications R12

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    Clover 06

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    31 views3 pages

    Customer Snapshot - Oracle Applications R12

    Uploaded by

    Ranga
    Hi

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Customer Snapshot - Oracle Applications R12

    A leading Credit Rating Company


    Mumbai, India

    Clover Infotech Implements Oracle Applications


    The Client is India's leading Ratings, Research, Risk and Policy Advisory company. They offers domestic and international customers a unique combination of local insights and global perspectives, delivering independent information, opinions and solutions that help them make better informed business and investment decisions, improve the efficiency of markets and market participants, and help shape infrastructure policy and projects. Its integrated range of capabilities includes credit ratings; research on India's economy, industries and companies; investment research outsourcing; fund services; risk management and infrastructure advisory services more.

    Industry
    Analysis & Research

    Employees
    More than 2000

    Business Challenges
    The client experienced explosive growth in the last five years resulting in fragmented, non-homogeneous Financial, Staffing, and Sales functions. The company was being managed by using manual processes without any semblance of business processes and standards. The integration between the financial systems (Quick Books) was non-existent. It was extremely difficult to provide visibility into the operations of the company, both from management and financial perspective. The major implementation challenges were Aggressive timeline of 10 weeks for implementing entire suite of Financial Accounting applications, staffing constraints, absence of any documentation and tight budget. Provide economical, flexible and effective resource pool to level staff based on project demands. Cancellation of Go Live for production and maintain a parallel instance till Go Live dates were finalized. Maintaining a parallel system in OEBS with Live Instance for audit periods. Migration of parallel system in Live System. Integration of new system in existing Oracle Apps environment. Setups for cross currencies. Setups to deal with multiple organizations within the business group. Centralization of customers.

    Services
    Oracle Applications R12 Financials ( GL, AR, AP, FA ) Implementation Integration Migration

    A Leading Credit Rating Company Mumbai, India

    Solution
    Oracle Applications R12 was selected to implement a scalable, integrated ERP and self-service solution to replace the existing Quick Books system. A two-phased approach was adapted to implement Oracle Applications project, referred to as SPOC (Single Point of Contact). The applications, interfaces and data conversion activities that were completed as part of Phase I were Financials - General Ledger. - Accounts Receivable. - Accounts Payable. - Fixed Asset. Interfaces - Oracle Receivables Open Transaction Imports. - Centralization of Customers. Data Conversions - General Ledger Balances. - Open Accounts Receivables Invoices. - Open Accounts Receivables Receipts. - Open Accounts Payables Invoices. - Fixed Assets.

    Benefits
    Gain in operational efficiencies. Flexible and analytical management reporting. Support growth in existing business lines. Easily manage financial consolidation. Provide a more robust and value added self-service customer interface and sales interface.

    A Leading Credit Rating Company Mumbai, India

    Methodology used
    Oracle Application Implementation Methodology (AIM 3.0).

    Clover Best Practices


    The best practices that Clover Infotech adopted to enable successful implementation of the project are as follows Stakeholder Involvement - Regular, structured involvement from business & technology Stakeholders with participation in key meetings and decisions. Thought Leadership - Knowledge of the Wealth Management industry best practices and experience in process re-engineering development and implementation. Executive Sponsorship - High level sponsorship of program and support for team to ensure consistent communications and change management. Readiness - Change Management across organization, infrastructure, processes and deployment. Methodology - Proven methodology that incorporates business focus, that is culturally acceptable and provides process and tools for successful implementation. Systematic Migration - Phased implementation and migration of users based on business priorities, risk management and budgets. Program Management - Structured PMO team with the responsibility and authority to manage and drive the design, build & implementation.

    Copyright@2011, Clover Infotech. All rights reserved.

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