sedco_news
 
Sedco Logo
 
SEDCO Newsletter Quarter 4, 2015
      Archive
       
  Vision   Arabic
 
Sep
 
  A Message from Management   Our Achievements   Awards   Events   About Employees   CSR   Riyali
 
  Our Achievements  
 
  photo   SUCCESSFUL UPGRADE OF SEDCO GROUP’S CORE BUSINESS APPLICATIONS TO ORACLE RELEASE 12

SEDCO Holding Group – IT department team completed successfully the major undertaking to upgrade the Group’s core business applications, namely financials, HRMS, supply chain, property management, facility maintenance, CRM and many more to Release 12 for SEDCO Holding and its Operating Companies.

The upgraded system went live on October 18th as planned. The seven-month project was sponsored by Mr. Anees Moumina, CEO of SEDCO Holding Group and ably led by Mr. Mamdouh Khawaji, VP of the IT department. The project manager was Mr. Ronald Reyes and he was supported by Mr. Abdulrahman Bin Shihab and the entire IT team. Evosys, a leading Oracle partner in the Middle East, was also engaged in the project’s upgrade.
The R12 system meets the regulatory requirement to transition to IFRS accounting standard and new business needs such as cash pooling, automated inter-company transactions and performance management.