Why Us | ERP Implementations: Oracle
Production Support and Enhancements
Client: Telecommunications Firm
As part of this project we developed an AR Revenue Recognition program. This program was created to automate the current Revenue Recognition process used by the Financial Users in Excel Spreadsheets to Oracle. Our team provided production support in 11.5.6 and were responsible for migrating Revenue Recognition program to 11.5.10.
As part of our deliverables we also developed a system to load Quarterly Budget data into Oracle using the data file extracts from Hyperion. After performing required validations, data gets loaded into a table and Oracle Budget Upload process is run to process the records in the interface table.
Our team also developed several custom programs to extract critical business process information from the Oracle applications for upload to a Hyperion reporting application. Reports produced from this information are used on a daily, weekly and monthly basis to manage the company's most important functions, including inventory maintenance, revenue recognition, and budget and expense review.
Several custom enhancements were also developed to automate processes that were previously performed manually. These enhancements include the automated processing of vendor invoices via an Ariba interface, the automated deposit of employee expense reimbursement payments via an ACH interface, the automated maintenance of asset information in Oracle Assets via an Excel spreadsheet interface, and an automated interface of corporate and employee contribution data to the company's 401k plan administrator.
As a result of our efforts. we were able to provide the client with immediate and measurable cost savings, as well as improved data accuracy and reduced transaction processing timeframes. This implementation helped our client seamlessly handle transactions across multiple books, organizations and currencies. It also helped them maintain full compliance with all aspects of the Sarbanes-Oxley Act of 2002.
