Oracle Fusion Application Implementation

Industry : Ship Management Services

Company provides unique expertise, innovative systems, efficient processes and skilled industry specialists. Unique industry offering like - dedicated services for restricted party, cargo and vessel sanctions screening, Suppliers payment service at preferential FX rates, dedicated services for restricted party, cargo and vessel sanctions screening etc.

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    Oracle Product and services

    -Fusion Financial
    -Fusion Procurement

Project:Oracle Fusion Implementation/Rollout and Support


Customer has decided to implement Fusion Application for their Dubaicompanies, which were on other legacy application. GoldenFive Consulting was engaged to implement Oracle Fusion Application – Financial and Purchase.

Approach:


GoldenFive reviewed existing setup and business requirement of a new companies.

Current system setup was document and gaps were identified, new approach for identified gaps were designed.

History data was migrated to Fusion Application, mapping of Chart of Account as per new company was finalized.

Based on the requirement, new company was setup in the system in record time of 3 weeks.

Results:


The solution allows client to focus on key objectives of the organization, while system provides standard and integrated platform to across all the companies of the group;

  • 100% India local tax compliant system
  • Accurate reporting and quick turnaround – Management and Statutory reports

One solution for accounting and automation of internal finance and third-party accounting.

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