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Format: PDF

Date: 01/05/2008


Wellcome Achieves Greater Financial Control, Cuts Reporting Time From 12 Hours to 30 Minutes

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Overview

Eighty percent of Wellcome stores are open 24 hours, seven days a week. The company receives and must sift through enormous amounts of financial data, and consequently needs a powerful and reliable financial system. Its legacy system had undergone numerous expansions and upgrades and thus required a high productivity system. However, support for the hardware running the system was no longer available. As a result, the company experienced performance issues that threatened to destabilize financial operations. As part of the overhaul, Wellcome replaced its legacy financial system with Oracle Financials. By implementing Oracle Financials, Wellcome ensured easy integration with its existing Oracle Database platform.



See also: Finance