APICORP adopts Oracle E-Business Suite

Arab Petroleum Investments Corporation (APICORP) is set to deploy Oracle E-Business Suite as it looks to streamline its financial processing and make key corporate information available online.

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By  Matthew Southwell Published  April 13, 2003

Arab Petroleum Investments Corporation (APICORP) is set to deploy Oracle E-Business Suite as it looks to streamline its financial processing and make key corporate information available online. The wide-ranging implementation will also ensure seamless integration between the company’s business applications, facilitate direct transaction processing and support the roll out of an online enterprise portal.

“Operating in the fast-changing and economically crucial petroleum and energy sector requires APICORP to continually hone and refine our business processes and access to critical information,” says Dr. Galal Osman, senior manager, information systems department, APICORP.

“Our objective in developing our new Oracle-based e-business infrastructure is to build a streamlined information systems architecture that will evolve alongside our company and adapt to changes in the industry we serve,” he adds.

Under the agreement, APICORP has acquired licenses for a wide range of applications, including Oracle Financials, Oracle Human Resources, Oracle Payroll, Oracle HR intelligence, Oracle Purchasing, Oracle Financial Analyser and Oracle Express Server.

In addition, the corporation will also deploy Oracle Discoverer, Oracle Internet Developer Suite and Oracle 9i Application Server to facilitate APICORP’s corporate portal and business intelligence initiatives.

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