Business scenario
ANYLife New York Life Insurance experienced an amazing growth in business during the last few years. As a result, several new branches were opened in different countries. To support this growth and be ready for further expansion, ANYLife decided to improve the efficiency of its internal processes, HR, Payroll, Finance, and Procurement, and optimize its overhead costs. In particular, ANYLife decided to improve the management of Financial Processes, showing recurring peaks at close of month and quarter times. As a solution ANYLife chose to invest in Oracle E-Business Suite a comprehensive suite of integrated, global business applications that enable organizations to make better decisions, reduce costs, and increase performance. Today however, as the operational environment becomes more complex, the built-in scheduling capabilities of Oracle E-Business Suite are no longer sufficient and often require a manual intervention. This is very crucial to ANYLife, especially during the financial close process. Moreover, as the business grows, ANYLife needs to integrate Oracle E-Business Suite with other external business applications.
The solution is HCL Workload Automation integration with Oracle E-Business Suite to automate, monitor, and control Oracle E-Business Suite applications, reduce complexity, manual tasks, and batch execution time. Thanks to the integration among different systems, and by conditioning the execution of Oracle E-Business Suite applications and other external business applications, ANYLife can have the entire financial close process controlled by HCL Workload Automation.
A single point of control during the financial close process reduces complexity and allows for an error-free execution of the batch jobs, and the financial reports are always available without delay. ANYLife has been able to reduce administration overhead, improve the operations efficiency and increase the reliability of the enterprise. The company optimized business results while achieving a high return on investments.