Project
Oracle E-Business Suite Implementation

Industry
Internet Data Services

Client Overview and Business Challenge
A leading internet data center has outgrown their current accounting system that handles domestic and international reporting, and disclosure requirements.  With headquarters in the United States and primary operations in the Asia-Pacific region this company needed to integrate domestic and varied international reporting, and functionality requirements, in a seamless process.

Solution
An implementation of Oracle E-Business Suite was executed across seven sets of books and currencies. A consolidated set of books for users in the US, Singapore, Australia, Japan, Taiwan, Korea and Hong Kong were completed within three months. In addition to standard Oracle functionality a number of custom interfaces were developed to meet the client’s unique requirements. The asset tagging Interface was one of the custom interfaces developed using PL/SQL. This allowed the use of a hand-held PDA to automatically scan asset barcodes that can be interfaced directly to Oracle Fixed Assets. The implementation effectively helped the client streamline their global accounting process.

Client Benefits
The new system allowed the maintenance of books in the local currency and enabled each international location to do their own financial reporting with a month-end consolidation process to US books. This lead to the elimination of international third party book-keeping services and translated into real operational savings. The finance department now has a real-time visibility over the financial transactions made by each country and has full visibility over company-wide G&A expenditures. This scalable ERP system was fully integrated with third-party operational systems.