Infosys helps Royal group lower operational costs

Bangalore, July 23 (UNI) Software major Infosys Technologies, using an Oracle e-business tool, had helped lower the operational cost of Royal Group, a multi-discipline business group that managed a conglomerate of 40 medium to large companies across seven industries.

Leveraging the Oracle E-Business Suite and business consulting and process re-engineering recommendations provided by Infosys, the group had streamlined its business processes and standardised its infrastructure.

Infosys, in a release here, said the Royal Group had engaged it to deploy the Oracle E-Business Suite because of its Global Delivery Model approach and deep knowledge of packaged applications. The implementation of Oracle Financials, Oracle Order Management, Oracle Advanced Procurement, Oracle Inventory Management and Oracle Human Resources Management System, which were all applications in the Oracle E-Business Suite, have increased the efficiency and enhanced Royal Group's operational infrastructure to support further expansion.

The first deployment phase was completed in six months and the second phase went live in three months. The implementation had enabled Royal Group to reduce the time required to close financial accounts from 30 days to three, while successfully launching two new businesses, the release said.

UNI