Elektroprivreda Crne Gore (EPCG) produces, distributes, and supplies electricity to more than 300,000 business and residential customers in Montenegro. It has an energy production capacity of 868 megawatts of installed power, which it produces via hydropower and thermal power plants. EPCG, Montenegro’s largest corporation, is a joint stock company, owned primarily by the government. The company, preparing for the sale of various business units, looked to improve project costing and inventory control. It also wanted to increase the operational efficiency (including optimizing purchasing) of its 26 business units with an integrated enterprise resource planning (ERP) system.
EPCG deployed Oracle E-Business Suite to consolidate 26 business units as well as nine instances of Oracle E-Business Suite, running on different hardware platforms, to one instance, reducing overall operating costs and optimizing inventory and subinventory management. The company also accelerated customer bill processing with an e-billing system and automatic meter management solution based on Oracle technology.
With Oracle Project Costing, the company gained visibility into equipment in the field and enabled precise matching of data from asset registers and data collected by field technicians, laying the basis for better planning, improved cost management and higher profitability of maintenance and investment projects.
“We selected Oracle over SAP. In our opinion, Oracle is the superior choice for corporations with multiple organizations and complex business processes. As our deployment has demonstrated, Oracle technology and applications drive rapid return on investment thanks to preconfigured solutions that support best practices,” said Nataša Pavićević, ERP department chief, Elektroprivreda Crne Gore.