Wipro, Oracle Launch Soln For High-Technology Industry
The development effort is part of the collaboration initiatives between Oracle and Wipro, across high-technology.
Wipro Technologies, and Oracle, announced the launch of a co-developed solution, a Process Integration Pack (PIP) for the High Technology industry. This solution is part of Wipro's offerings that provide a comprehensive solution footprint for the High Technology industry. Wipro is one of the first partners to sign an agreement with Oracle to develop end-to-end industry process solutions in the Campaign-to -Cash business process. The development effort is part of the collaboration initiatives between Oracle and Wipro, across high-technology.
"In today's environment, companies need to accelerate their Campaign-to-Cash cycle times to help protect margins and healthy revenues," said Jonathan Oomrigar, Global Vice President- High Technology, Oracle. "This Siebel CRM to Oracle Incentive Compensation co-developed PIP helps to automate the end-to-end Campaign-to-Cash process by integrating critical components of the Oracle portfolio. Wipro’s process capabilities and skills around Oracle applications combine to create this unique capability for the High Technology Industry."
The solution provides for optimisation and accurate payment of commissions, thus enabling sales alignment to drive desired sales behaviors across industries. The solution allows increased efficiency of compensation management and can help reduce commission overpayments by 90%. The PIP integrates Oracle's Siebel CRM and Oracle Incentive Compensation using Oracle Application Integration Architecture (AIA), offering enhanced commission visibility for sales representatives and channel partners.
"Wipro is excited to work with Oracle and we look forward to leveraging this partnership and global reach in the High-Technology industry to tackle the industry's challenges of customer acquisition, retention and cross-sell", said Pavan Goyal, Vice President, Computing, Peripherals and Consumer Electronics, Wipro Technologies. "The Campaign-to-Cash solution set provides a great platform for addressing these Industry challenges and leverages the best-of-breed functionality across the Oracle stack."
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The solution simPlifyTM, allows employers to centralise and standardise processes while eliminating duplicative management structures.