Business Times

Oracle E-Business Suite helps Commercial Bank

Sri Lanka’s Commercial Bank of Ceylon has successfully implemented Oracle E-Business Suite Release 12.1.3 and Oracle Database 11g running on Oracle Linux to streamline its reporting processes, managing of assets while enhancing productivity and operational efficiency, according to an Oracle statement.

“Prior to successfully deploying Oracle applications, a significant amount of work was being done manually which required a lot of effort and time. The deployment of Oracle Applications has enabled the organization to consolidate, integrate and present to top management important business information. It has also enhanced the organization’s ability to manage cost and time by reducing the amount of manual work,” it said.

“During our evaluation process, we engaged a global consulting firm to conduct a study of our business processes in order to choose the most suitable solution” said Rohan Muttiah, CIO of Commercial Bank of Ceylon PLC. “Oracle E-Business Suite Release 12 turned out to be the best match for us and we are working towards enhancement of productivity over the next few months with Service Level Agreement driven shared services functions.”

Akkasha Sultan Shaikh, Country Head – Application Business, Oracle South Asia Growth Economies – West said the Oracle E-Business Suite Release 12.1.3 running on Oracle Database 11g has provided Commercial Bank with an end-to-end view of its entire business to drive its performance with consistent and timely information.

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