ADWEA upgrades financial applications to enhance efficiency
ADWEA deploys financials as a ‘shared resource’ for the entire group, consequently standardising accounting practises across all its business units.
Abu Dhabi Water & Electricity Authority (ADWEA) has upgraded its 10.7 version of Oracle Financials to 11i. The financials has been deployed as a ‘shared resource’ for the entire group, consequently standardising accounting practises throughout the group.
The 11 companies that make up the group all access the centralised data centre to use the application.
The deployment, which was conducted by Hyperlink, involved integrating these disparate systems under one central Oracle Financials 11i, for the modules general ledger, accounts payable, cash management and fixed assets.
Due to the change from a decentralised to centralised solution, the project involved a fresh re-implementation of all modules and a conversion exercise from the existing 11 systems.
“Hyperlink is indeed delighted to have provided the upgrade for ADWEA. We believe in using technologically-proven methodologies and standards to ensure the quality and consistent delivery of products and services provided to our customers,” said a spokesperson from Hyperlink.
“ADWEA has always been a progressive organisation in adapting cutting-edge technologies and robust IT solutions. We hope that this strategic partnership with a reputed institution like ADWEA is the beginning of a long and fruitful association.”
The implementation by Hyperlink included the choice of Sun as the base platform to hold the full solution. The technical architecture consisted of two clustered application servers linked to one database server.
The centralisation of financial operations has allowed ADWEA to increase efficiency of its payables cycle and bank reconciliation transactions, in addition to establishing control over its fixed asset management and shortening of its financial reporting process.
The deployment should also result in end user support response time.
Apart from the operational benefits, ADWEA is also able to reduce its total cost of ownership as it has consolidated its technical platform and end user support activities.