Wipro implements Oracle Financial suite of products

Wipro has announced that it is implementing latest Oracle Financial suite (12.1.3) of products for UGI Utilities. The solution helps UGI Utilities streamline financial processes, update latest compliance mandates and create agile IT systems, to effectively support their new business processes. 

"We are very excited to have engaged with UGI in their plans to implement Oracle Financial Services suite aligning to their new robust financial processes. Our proven expertise in implementation of large complex financial services projects and experience in managing Oracle Financial solutions is very useful in enabling seamless transition to new systems. Wipro's robust upgrade methodologies and processes will significantly expedite implementation at a reduced TCO for the customer. UGI has been at the forefront of driving high financial process standards and we are privileged to be associated with them," said Srini Pallia, Senior VP & Global Head, Business Application Services, Wipro Technologies.  

"Financial processes have to continuously evolve to align with changing business requirements and compliance mandates. An in-depth insight into our financial performance and effective management of Risk and Compliance is key to retaining our competitive edge. The planned upgrade to the latest Oracle Financial Suite will provide the flexibility and agility to align our processes to new business requirements.  We are very pleased to be working with Wipro in this upgrade project and the progress we are making. In Wipro we have a partner who understands our industry and has proven expertise across the various modules of this suite. We are working jointly to implement a robust and cost effective solution for UGI", said Richard Myers, Oracle Upgrade Project Manager, UGI Utilities.

This project implementing the Oracle Financial suite (12.1.3) will incorporate unique features into the financial applications such as simplification of intercompany transactions among others. Wipro's 'Easy-Upgrade' solution for Oracle E-Business Suite will make the transition to upgraded applications more predictable, efficient and cost effective.