NEL Group Reduces Operational Expenses by US$200K and Speeds Accounts Receivable Cycle

Overview

NEL Group Limited wanted to find a system to support the company's growing business and planned expansion across the Asia Pacific region and consolidate financial data from multiple locations, as the time-consuming process was prone to errors and prevented information from reaching decision-makers in a timely manner. The challenge was to gain an integrated view of operations with the use of disparate finance and distribution systems. NEL Group engaged Oracle Certified Partner iOM Pte Ltd to roll out an integrated financial and distribution management system based on Oracle E-Business Suite as well as reduced operating expenses by US$200,000 in 2007 as a result of improved efficiency and better stock management.