Hyperlink bags prestigious Lebanon-based account

The solutions, which include Oracle Financials and Oracle Human Resources and the Oracle Enterprise Resource Planning (ERP) system is a fully integrated system to be implemented for all the companies under Averda

"We are delighted to have been awarded the contract to implement Oracle solutions at Averda. We are committed to executing the project well ahead of the estimated duration of six to eight months," said Hani Harik, President, Hyperlink. "The benefits of implementing this solution are manifold. It would provide the advantage of viewing the performance of the whole group from different angles and different levels, which makes all the difference in business today," he added.

"Hyperlink will provide fully integrated business management solutions based on the Oracle platform that will eventually enhance our business operations," said Malek Sukkar, Vice-President Averda. "We were looking for a dependable company that would be able to offer us top quality enhanced services and Hyperlink, with its long standing reputation and its strategic collaboration with Oracle, was our instinctive choice," he added.

"Oracle is committed to developing relationships with all its partners in the Middle East. We consider Hyperlink to be one of our best established partners in the region," said Husam Dajani, Vice President, Oracle Middle East. "We are proud and glad that Hyperlink has bagged this prestigious account. We would like to congratulate Averda for selecting Hyperlink to provide Oracle solutions to streamline business operations which will eventually prove to be cost and time effective," he added.

The list of Oracle application modules will cover the corporate requirements in the back office financials. It will facilitate distribution and purchasing, project modules, human resources and payroll including Oracle's HR self service and training administration modules to handle the training departments in various companies.

The application of the new system will result in a major improvement in corporate reporting which will ensure that Averda executives have access to online reports any time of the year to determine profits, revenues, PL statement, cash flow, in addition to online alerts for hiring and profitability tracking by country, company, sector or HR requirements. The huge Oracle database will permit Averda executives to manipulate and simulate data in any way they need.