IBC streamlines and automates its procurement processes through an embedded integration with Oracle E-business suite financial modules
Under US$100 million
More than 500
For its Oracle E-Business deployment, IBC S.A.L. selected Oracle Partner, Widestreams because of its expertise and Oracle certified consultants, successful implementation experience, and high level of after-sales support. Widestreams acted as a product specialist and experienced business consultant, closely and efficiently supporting IBC in its complex environment.
Interface and Automate the revenue recognition from different sources pertaining to numerous company product lines
Apply automatically different pricing models and modifiers on sales transactions with full control and traceability over pricing changes
Build a financial reporting structure allowing reporting profitability at variable levels (products , business lines , departments etc.)
Streamline and automate the procurement process with an embedded integration with financials and budgeting
Generate automatically different types of sales invoices layout based on customer types
Our Solution Results
Sales Invoices are automatically generated based on external client delivery system data. Line items are automatically split based on sales attributes for enhanced reporting (driver , plate number , operator etc.)
Efficient inventory planning method (Economical Order Quantity / EOQ) with automatic notification in case an item drops below a certain level along with a recommendation on the planned order quantity
Automated procurement flow with full integration with financials
Enhanced customer/supplier statements generation split by type of activities
Advanced Aging reports in Payables and Receivables allow better cash forecasting capabilities and proactive actions in case of exceptional dues.