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| You are Here > Oratech >
Our clients > Showcase projects |
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| Project: |
ERP implementation |
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| Challenge |
| The Bank’s plan was to
modernize and automate its Accounting and Human
Resources practices. Followed by conversion of 5
years of General Ledger (GL) history and 40
years of HR and payroll history for 1200
employees. The Central Bank of Jordan Oracle Applications Implementation
project is a USAID funded
project, monitored by KPMG/Barents, Client Network Services
INC (CNSI) as Prime Contractor, and with local
support and hardware from Computer Engineering Bureau
(CEB). |
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| Solution |
Oratech designed a new architecture for the accounting system, whereby banking operation related transactions were maintained on the legacy system, while the back-office accounting function was all maintained on Oracle General Ledger. A mapping system was created to map detail level banking accounts (financial institutions, government organizations and correspondents) to their corresponding accounts and clearing accounts on Oracle General Ledger. Such interface being run at the end of day to keep Oracle up to date. The implementation also included Budgeting, hence, the Bank was able to produce financial statements with both actuals and budgets included.
Further, accounts payable operation was automated, providing the bank with an efficient means to controlling its payments to its suppliers. Another interface was created to transfer payment disbursement information from Oracle Payables to the
transfers system. Such interface provides a clear path from invoice payment approval to cash transfer to the supplier bank account. The bank’s fixed assets, previously being managed by a manual system was automated, the automation process also included the reconciliation of the historical A/D and Asset Cost in the Legacy General Ledger with automatically generated figures from Oracle Fixed Assets. The interface between accounts payable and fixed assets was enabled, hence, streamlining the process of adding new assets to the
asset register.
Oracle Accounts Receivable was also used to take care of miscellaneous sales processes like sales
or special coins, sales on disposal of fixed assets, … etc.
All modules; Accounts Payable, Accounts Receivable and Fixed Assets were setup to create the appropriate accrual-based journal entries into General Ledger. Such automation also helped the bank in smoothing the transition from the cash based system to the accrual based system.
The project also comprised
the implementation of the Oracle Human Resources
suite that included; Oracle Human Resources,
Payroll, Training Administration. A state of the
art reporting system based on Oracle HR
Intelligence provided management with the
required analysis and reporting. The conversion
of employee history provided the bank with
informative insights since trends were readily
extracted.
The project used the latest technology on Hardware and Software aspects: Oracle Release 11i, running on a high availability clustered environment on a Compaq Alpha machine running Unix Tru64. Application clients ran on Windows 98 and 2000 clients. Reporting system for HR Intelligence ran on a Windows NT server. |
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Technology and Tools
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Hardware
Compaq alpha |
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Operating System: TRU64 UNIX |
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Oracle applications release 11i |
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Windows 2000 Clients |
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| Security |
| Firewall protected system. |
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| Client’s Benefit |
| Oratech helped the bank modernize accounting practices, automate their sub ledgers, financial back-office systems, human resource management systems and payroll and designed
interfaces with banking systems. |
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| Implementation |
| The project lasted for 9 months beginning January 2001 and was completed on schedule in October 2001. The project was delivered on time with a high level of customer satisfaction, and
know-how transfer. |
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| System Architecture |
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