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By Michael Hickins—May 14, 2019
Some of the world’s most important companies are turning to agile Oracle Cloud suites to run their people, their supply chains, and their financials. These include a unicorn in the e-commerce platform industry, an award-winning airline, a family-run retail conglomerate, and a logistics and transportation company.
Founded in 2010 and based in Jakarta, Indonesia, Bukalapak has grown into a billion-dollar startup. It hosts four million small and medium enterprises (SMEs), 500,000 kiosk vendors and 700,000 independent micro-businesses in Indonesia on its platform.
Bukalapak is now using Oracle ERP Cloud to enable its finance and procurement teams to gain full visibility of the company’s financial position, reducing the amount of time spent managing accounts and closing their books—while allowing more time devoted to strategic decision making. The company is also leveraging Oracle HCM Cloud to help enhance employee experience processes as it continues increasing its workforce.
“We began our business with a vision to bridge the gap between Indonesian sellers and buyers, and today we are proud of the traction that our company has achieved in the market,” said M. Fajrin Rasyid, Co-Founder and President of Bukalapak.
“Our platform has empowered the micro, small and medium businesses to participate in commerce activities, and we are committed to advance the livelihoods of these entrepreneurs through our technology.”
Given the complexity of business and the need to simplify as much as possible so companies can maximize the value of their people, organizations around the world—companies that move people, companies that move goods, companies that sell goods to people, and companies that help other companies sell goods to people—are achieving that level of modernization through the Oracle Cloud.
AirAsia Group, which already has a network of over 140 destinations across Asia Pacific and a passel of “best low-cost airline” awards to its name, and which harbors even loftier ambitions.
According to AirAsia CEO Tony Fernandes, “we are now writing the next chapter of our story, riding on our momentum as a business and a brand to transform AirAsia into more than just an airline. We are going to be the travel technology company for the region, and as part of this journey, we’ve set our sights on becoming an intelligent, connected enterprise.”
The airline is using Oracle ERP Cloud to centralize and streamline its finance operations, and to provide much-needed agility.
“An agile finance operation is the backbone of every successful business, where financial data is readily available in real time to support critical business decisions,” said AirAsia Group CFO Pattra Boosarawongse. “Our finance team needs to reconcile cross-currency data and transact with suppliers in different countries. Oracle ERP Cloud will help us simplify, standardize and automate our financial operations across the group, and free our finance teams from mundane operational tasks to focus on growing our business,” Boosarawongse said.
One of the largest family-run retail business conglomerates in Vietnam, IMEX Pan Pacific Group (IPPG), just started using Oracle Cloud’s unified suite of cloud technologies to efficiently and securely manage huge volumes of data from the inventory and warehousing, and to improve decision-making processes across all of its subsidiaries.
It’s no surprise that the cloud implementation is helping reduce complexity, providing IPPG managers with a single view into core business operations. That has helped enhance decision making, increased financial productivity, and is driving efficiencies across its complex business structure, said Mrs. Le Hong Thuy Tien, president, IMEX Pan Pacific Group.
“As one of the leading multidisciplinary corporations, we understand that system modernization is essential for us to expand and scale our operations,” said Mrs. Le Hong Thuy Tien.
Royal Cargo, which has over 1,200 employees around the world, is digitally transforming its employee management strategy, and using Oracle HCM Cloud to accelerate and support this processes. The company’s goal is to enable Royal Cargo’s HR team to streamline processes, and give them more time to focus on strategic rather than administrative tasks.
“We knew digital transformation was the answer to managing the needs of our growing team, multiple offices and the ever-changing demands of a global economy. Partnering with Oracle on our digital transformation journey was a no-brainer, and we welcome the simplified access to all our HCM needs via the Oracle HCM Cloud,” said Philipp Schlohsnagel, Chief Transformation Officer, Royal Cargo.