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Home Technology Infrastructure & Platforms

SingPost moves finance processes to the cloud with Oracle Fusion Cloud ERP

FutureCIO Editors by FutureCIO Editors
April 18, 2024
Image supplied by Singapore Post Limited

Image supplied by Singapore Post Limited

Singapore Post Limited (SingPost) is implementing Oracle Fusion Cloud Enterprise Resource Planning (ERP) to standardise key finance processes and to enhance its finance operations.

Noel Singgih

“As SingPost continues to expand internationally and develop our cross-border e-commerce logistics business, it is imperative that we migrate our finance operations to the cloud to increase efficiency and improve scalability,” said Noel Singgih, group chief information officer at SingPost.

Oracle Cloud ERP

The move to Oracle Cloud ERP aims to simplify, standardise and automate SingPost’s finance processes on a single cloud platform, accelerate reporting timelines, and generate deeper insights for operational agility, decision-making, and better customer experience.

Oracle Enterprise Performance Management (EPM) can streamline reporting and administrative tasks across different business functions.

Adrian Johnston

“Rising shipping costs and the growing demand for seamless service underscore the urgency for postal and logistics providers to leverage integrated finance solutions and emerging technology to provide fast and reliable services,” said Adrian Johnston, senior vice president, Applications, Oracle Japan and Asia Pacific.

“With Oracle Cloud ERP SingPost can digitise its finance function and tap into a stream of continuous innovation including AI and machine learning features to improve efficiency, enhance visibility, and better serve its growing customer base.”

Related:  Insurers to use the cloud to optimise business
Tags: cloud ERPOracleSingapore Post Limited
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