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Oracle

Oracle EBS R12 Fixed FEE, SCOPE and DURATION Upgrades

Oracle E-Business Suite Release 12.x delivers greater efficiency and flexibility by standardizing and centralizing key business functions.

Increased regulatory pressures. Complex global operations. Rising demand for innovative customer service.With market conditions changing faster than ever, insurers are recognizing that constant transformation has become the norm. To successfully compete, they must be able to respond to market opportunity; service customers effectively and efficiently; and drive performance and compliance. Oracle helps insurers optimize their business enabling flexible, end-to-end business processes. Zensar’s vast domain experience along with Oracle's flexible, rules-based insurance applications are built upon a core of extensible business content that can be readily adapted to meet insurers' ever-changing needs to deliver record-breaking performance, simplified management, and cost-saving efficiencies.Organizations must now upgrade to R12 to overcome these challenges and bring efficiencies.

Are these some of your business requirements?
  • Manage Statutory and GAAP Environments to Support Global Insurance Reporting Requirements
  • Increase Employee/Agent Knowledge and Retention while Reducing Training Cost
  • Support Complex Direct and Agent Billing
3>Issues impacting your upgrade strategy - What is holding you back
  • Budget constraints
  • Competing priorities/projects
  • Unclear benefits/difficult business case for upgrade
  • Application maintenance expense/burden
  • Focus on new business functionality and returns
  • Qualified technical resource shortage/contention
  • User training scope

Aftermath of economy shock triggered regulators and audit communities to relook for assessing financial strength of an Insurance company. Top management is now interested to see how the business operates, therefore they are going to monitor and establish control on the financial transactions. With Oracle Insurance applications, insurance companies can:

  • Achieve up to 80 percent straight-through processing
  • Reduce policy assembly time by as much as 80 percent
  • Improve service levels by as much as 40 percent
  • Realize ROI in as few as 12 months
Partner with Zensar

Zensar has helped leading Insurance companies in UK to help realize the above benefits.Based on its strong Insurance industry experience, Zensar opines that organizations should have an integrated upgrade strategy to align it with the functional and technological value chains in order to derive maximum value from their incremental investments in Enterprise Applications. Partner with us to realize the strategic business value that can be maximized from Oracle E-Business Release 12.1 while lowering your costs:

  • Standardize processes and effective integration for better aiding Globalization
  • Optimize cost structures and reduce risk through our Shared Service Centers
  • Meet global and local regulatory requirements effectively by leveraging powerful Tax Engine for better Agility and Compliance
  • Support Global reporting needs (Financial, Managerial, business performance and risk, composite reporting)
  • Adopt to IFRS Reporting and convergence to GAAP
  • Reduce TCO of Oracle E-Business Suite
Oracle Service OfferingsOracle Service Offerings

* Zensar will conduct a free Upgrade Assessment and based on the Assessment if you do choose Zensar as your Oracle EBS R 12.x upgrade partner, then the fee for the assessment will be waved off for those customers.

Contact Zensar now to learn more about our various upgrade plans tailored to meet the business challenges and requirements of your business. Upgrade to E-Business Suite Release 12.x for as low as £164,000 onwards. Write to us at marketingEAS@zensar.com for more details.