FBQHC goes live with Oracle

Faisal Bin Qassim Al-Thani and Sons Holding Company has gone live with Oracle’s E-Business Suite as it seeks to streamline its business processes and improve its financial management.

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By  Matthew Southwell Published  February 16, 2003

Faisal Bin Qassim Al-Thani and Sons Holding Company (FBQHC) has gone live with Oracle’s E-Business Suite. Implemented to improve the organisation’s financial management and streamline its business processes, the Qatari organisation has deploying a number of integrated modules from the E-business Suite, including general ledger, fixed assets, order entry and cash management.

“We required a solution that could enable managers to accurately analyse the performance of the whole group, but which could also enable each individual subsidiary to manage its finances in the most effective manner possible,” says Ehsan Idrissi, group IT manager at Faisal Bin Qassim Al-Thani and Sons Holding Company.

“Oracle E-Business Suite provided the ideal integrated system to tie our financial data together and deliver greater control over processes,” he adds.

The whole implementation was carried out in two phases, with the first focusing on implementing the software at the central FBQ Holding Company and the second on rolling the E-business Suite out across the rest of the enterprise. A team of in-house experts and specialist consultants carried out systems integration.

“FBQHC is an ideal success story that demonstrates the value of Oracle E-Business Suite for companies looking to excel in today’s highly competitive economy,” comments Husam Dajani, vice president for Oracle Middle East.

“They have reached a situation where every part of the company is able to access accurate, real-time information and simultaneously cut costs. That will give them a powerful advantage as they continue to grow and develop their business,” he adds.

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