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Press Release

Reon Energy Limited Energises Business Growth With Oracle Cloud

Oracle Fusion Cloud ERP Streamlines and Automates Reon’s Key Business Functions, Enabling Informed Decision Making In Realtime

Karachi, Pakistan—July 27, 2020

Reon Energy Limited, one of Pakistan’s leading industrial renewable energy specialist, has gone live with Oracle Fusion Cloud Enterprise Resource Planning (ERP). The company is using Oracle’s Cloud offering to simplify procurement and project management while increasing visibility into the company’s overall financial health to enable for more informed decisions.

Oracle’s Cloud-based offerings can be accessed via its modern mobile interface from anywhere in the world. Some additional areas that have been streamlined include Reon Energy’s source-to-pay process used in procurement; the fulfillment of clients’ requests and requirements, which can now be done in real-time; and the allocation and management of project resources.

“Embracing Oracle Fusion Cloud ERP allows Reon to load and store data from disparate sources in one location, has enabled the team to extract more meaningful insights in real-time while providing much richer information access across board," said Saad Faridi, CFO, Reon Energy Limited. "Oracle has helped us develop a unified business environment that has especially facilitated us during these unprecedented times. While our teams work from home and are dispersed around geographies, Oracle has helped create a much more smooth and transparent transition.”

“Energy providers have a critical role to play especially in countries like Pakistan where high energy costs and regular disruption in supply are a major challenge for businesses to operate efficiently,” said Syed Azam Abidi, Country Head Applications Business, Oracle Pakistan. “Oracle Fusion Cloud ERP has helped Reon Energy in providing their customers with sustainable energy offerings with improved service levels by streamlining their business operations and giving them the ability to make proactive, data-driven decisions across the various business functions.”

Integration Xperts, a Gold level member of the Oracle PartnerNetwork, implemented the project which went live on May 13, 2020.

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About Reon Energy

Reon is Pakistan’s leading Renewable Energy Specialist. Our expertise in project development, financial advisory, engineering, procurement, construction and asset performance management delivers a high return on investment to customers.The Reon portfolio includes industrial solutions for cement, oil and gas, coal mining, steel, textile, dairy & telecommunications. Reon is committed to an energy efficient future to influence action towards economic development and planet care. To accelerate momentum, Reon has created a #Think2025 platform to enable conversations & actions towards a prosperous & environmentally conscious Pakistan.

About Oracle

The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain, and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

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