The result of a merger between Abu Dhabi Drilling Chemicals and Products Ltd. and National Marine Services Co., ESNAAD is primarily a services company catering to the oil and gas industry. The challenge was to automate financial management processes and ensure timely and accurate billing for diverse services and customers. The company implemented Oracle Projects and Oracle Financials to automate and simplify a complicated financial management system. The company leveraged Oracle Projects to map and manage services, cost elements, and variable cost rates.
Related white papers
Oracle Database 10g Standard Edition One: Meeting the Needs of Small and Medium Sized Businesses
Databases have become key in enabling businesses to efficiently manage their data assets and to effectively use information to better understand their businesses. This document considers the question of what is needed...
Officenet Ensures 24-Hour Delivery Window Through Integration
Officenet stakes its business on a commitment to deliver office supplies to medium and small businesses. The company had a number of disparate IT systems, requiring time consuming manual reconciliation,...
Norwegian Trade and Financing Agency Enhances IT Mobility and Security With New Operating System
Garantiinstituttet for eksportkreditt is part of the Norwegian Ministry of Trade and Industry. It provides loan guarantees that make it easier for enterprises to obtain financing. An agency of the...
Reducing Total Cost of Ownership With a Corporate Reporting System for a Global Insurance Company
Rapid growth and international expansion through diverse acquisitions had increased the complexity of the enterprise. The client recognized the need to improve its business metrics through process optimization, functional integration,...
At Treasury Shared-Services Center, Eight People Manage Cash and Risk in 11 Currencies for 50 Subsidiaries
Fujitsu Siemens Computers wanted to manage short- and long-term liquidity and market risk in volatile global financial environment and centralize treasury (to function as service center for 50 worldwide subsidiaries)....
Chinatrust Financial Holding Centralizes HR Management and Improves Efficiency
Chinatrust Financial Holding Company (CFHC) was founded in May 2002 as an integrated, multi-faceted financial entity. In 2001 - 02, CFHC predicted that increased domestic competition and the opening of...
Create a Retirement Care Plan
A financial advisor may need to help the clients and their families plan for the last stage of life. When planning for retirement, most people focus on wealth management and...

