Royal Group, a multi-discipline business group that manages a conglomerate of 40 medium to large companies across seven industries, has lowered operational costs by leveraging the Oracle E-Business Suite and business consulting and process re-engineering recommendations provided by Infosys Technologies. Together, Infosys and Oracle helped Royal Group streamline the business processes and standardise the infrastructure of 11 diverse companies within the conglomerate.
Royal Group engaged Infosys Technologies to deploy the Oracle E-Business Suite. Oracle Financials, Oracle Order Management, Oracle Advanced Procurement, Oracle Inventory Management and Oracle Human Resources Management System, which are all applications in the Oracle E-Business Suite, have been implemented to enhance Royal Group’s operational infrastructure. The first deployment phase was completed in six months and the second phase went live in three months. The implementation has enabled Royal Group to reduce the time required to close financial accounts from 30 days to three, while successfully launching two new businesses.
According to Saje Thomas, CEO, Royal Group, “Infosys has enabled the entire organisation to unify business processes, a benefit driven by the best practices and functionality in the Oracle E-Business Suite. As a result of our initial success with Infosys and Oracle, we intend to deploy this solution at all companies within the conglomerate in 2007.”
Infosys has successfully completed two phases of implementation for Royal Group. In subsequent phases, Royal Group plans to deploy Oracle Projects Oracle Payroll and Oracle Manufacturing, both part of the Oracle E-Business Suite, at other group companies to address key business challenges.