A Fortune 500 industrial manufacturing enterprise that designs, manufactures, distributes, and services a broad portfolio of power generation solutions sought to transform its financial system. The company wanted to upgrade its Oracle 11i system to the latest version of Oracle R12.
Infosys devised a comprehensive IT strategy to implement the entire suite of Oracle Financials, including support and upgrade. Our team leveraged the Oracle Fusion Middleware architecture to standardize the integration methodology.
The Solution
Corporate finance overhaul at industrial manufacturing enterprise
Infosys navigated the transition of the company’s global financial system, implemented Oracle R12, rolled out the solution across regions, and provided support after implementation.
Our solution delivered a global Oracle R12 solution to enhance financial operations while supporting a shared services model
20% reduction in monthly closing cycle
50% improvement in collections eliminated 2 FTEs per month per region
20% improvement in tax compliance
30% improvement in accounting eliminated 3 FTEs per month per region
Benefits
Ease of maintenance
Streamlined business processes
Performance and scalability
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