SOUTH AFRICA – 11 September 2024 – Oracle today announced that APPSolve is a winner in the 2024 Oracle Partner Awards – EMEA Business Impact Category. The Business Impact award showcases partners that have packaged a set of capabilities and best practices to address customer challenges. Partners considered for this award have built a thriving business in a solution area, specific industry-vertical, or customer segment with Oracle’s portfolio of technology, products, and services.

APPSolve, an Oracle Partner, proudly announces the successful implementation of Oracle Cloud Procure to Pay for a prominent Investment Bank. After delivering a successful rollout in South Africa, APPSolve has been awarded the opportunity to expand its implementation to three additional countries: the United Kingdom, the United States, and the Channel Islands.

This reflects APPSolve’s dedication to delivering exceptional service and fostering close collaboration with its clients. Through the implementation of Oracle Cloud’s cutting-edge Procure to Pay solution, the Investment Bank has realized significant business benefits, particularly in the areas of expense management, procurement efficiency, and invoice processing.

Key Business Benefits Achieved:

• Expense Reports Transformation: Prior to implementing Oracle Expense Reports, the Bank’s expense reimbursement process spanned an entire month. With the adoption of Oracle Expense Reports, this process has been streamlined, reducing the time required for processing expense reports to mere days – a remarkable 75% decrease. This transformation enables faster reimbursement and greater operational agility.
• Enhanced Supplier Catalogues Management: Through the deployment of Oracle's procurement catalogues and Supplier Portal, the Bank significantly streamlined the process of updating supplier catalogues. Automation of this process saved approximately 4 to 5 days of manual effort per employee, freeing up valuable time for more strategic, high-value activities.
• Revolutionised Invoice Processing with IDR: The implementation of Intelligent Document Recognition (IDR) for processing supplier invoices has been a game-changer for the Bank. IDR reduced the manual workload on accountants by 3 to 4 days per month. Collectively, this enhancement has saved the business between 800 to 1000 man-hours per month, driving greater productivity and efficiency across operations.

“We are incredibly proud of the successful implementation and the resulting business outcomes for our client,” said Seef Muller, Chief Delivery Officer at APPSolve. “Our team’s commitment to excellence and our partnership with Oracle and our customers have allowed us to expand our role in delivering Oracle Cloud solutions on a global scale.”

For additional information on the Oracle 2024 Partner Awards, please visit: https://www.oracle.com/partner/awards/.

About APPSolve

APPSolve was established in 2002 and offers a range of integrated solutions to perform specialised processes. The company specialises in consulting services across Oracle E-Business Suite, Fusion Cloud, Custom Software Development, integration and agnostic IT Solutions. Their product range includes BeBanking, an end-to-end secure host-to-host banking solution, and AfricaTradeApp, a cloud-based supply chain management system. APPSolve’s services include Solution Scoping and Design, Software Implementations, Software Support, Training, Help Desk Administration, Technical Development, Database Administration, System Administration, Virtualisation and Engineered Systems. They also offer Project Management, System Health Checks, Value Added Reseller / License Management, Cloud services (Readiness and Implementation) and Business Process Engineering.  www.appsolve.co.za

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; Industry Healthcare for partners that provide commercially available products and/or services built with Oracle Cloud and Oracle Health technologies; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork

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Maria Joubert

Purple Word Box PR

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