• HSBC

Almana Group rolls out Oracle E- Business Suite

Almana Group, one of Qatar's oldest and largest business entities announced the roll out of the Oracle E-Business Suite across functions to support their technology transformation journey in collaboration with Mahindra Satyam, the brand identity of Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider.

The implementation covered seven companies of the Group engaged in Real Estate Development, Electro-mechanical Contracts, Industrial Insulation and Steel Fabrication, Sales of computers, Providing Networking Solutions, Trading of Furniture, and Interior Decoration Projects.

The modules implemented were; Oracle Financials, Oracle Supply Chain Management, Oracle Human Resources Management System, Oracle Property Manager, and Oracle Banking Applications.
With Oracle's integrated, world-class applications, Almana Group now has the most complete, integrated portfolio of applications and technology platform to improve business processes and drive performance across the enterprise.

Almana Group employees will be able to handle important processes like Procure to Pay Cycle, Order to Cash Cycle, Hire to Terminate, Compensation and Benefits, Projects Reporting much more quickly, effectively and accurately.

Tariq Almana, Group Finance Director , Almana Group said "The group would be benefiting from faster month-end closing and an online view of Financials and Management Information that aids in improved decision making process."

Manojeet Chowdhury, Vice President and Head of MENA Region, Mahindra Satyam said "Mahindra Satyam is proud to have partnered Almana Group create a single, integrated system that streamlines administration and facilitates information access"

"Oracle E-Business Suite with its integrated suite of applications provides entities like Almana Group, an end-to-end view across diverse lines of business and facilitates driving performance with consistent financial and operational information" said Arun Khehar, Vice President - Applications, MEA, Oracle.
 
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About Oracle:

Oracle (NASDAQ: ORCL) is the world's largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.




About Almana Group"

The Almana Group encompasses several divisions across a spectrum of industries and a portfolio that includes several internationally acclaimed brands. Since its inception in 1960, it has grown from strength to strength, and in the process has made significant contribution to the very infrastructure of Qatar. The Group boasts a large turnover and with its diversified activities is all poised to participate successfully in the ongoing economic development of Qatar. (www.almanagroup.com )

About Mahindra Satyam:

Mahindra Satyam (NYSE: SAY) is a leading global business and information technology services company that leverages deep industry and functional expertise, leading technology practices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance.

The company's professionals excel in enterprise solutions, supply chain management, client relationship management, business intelligence, business process quality, engineering and product lifecycle management, and infrastructure services, among other key capabilities.
Mahindra Satyam is part of the $6.3bn Mahindra Group, a global industrial conglomerate and one of the top 10 industrial firms based in India. The Group's interests span financial services, automotive products, trade, retail and logistics, information technology and infrastructure development.

Mahindra Satyam development and delivery centers in the US, Canada, Brazil, the UK, Hungary, Egypt, UAE, India, China, Malaysia, Singapore, and Australia serve numerous clients, including many Fortune 500 organizations.

Contact Info:

Aly Rifaah
Oracle Middle East
Tel: +9714 390 9000

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