Oracle announced that APPSolve is a winner in the 2024 Oracle Partner Awards – EMEA Business Impact Category. The Business Impact award showcases partners that have packaged a set of capabilities and best practices to address customer challenges. Partners considered for this award have built a thriving business in a solution area, specific industry-vertical, or customer segment with Oracle’s portfolio of technology, products, and services.

APPSolve successfully implemented Oracle Cloud Procure to Pay for a prominent investment bank. After delivering a successful rollout in South Africa, APPSolve has been awarded the opportunity to expand its implementation to three additional countries: the United Kingdom, the United States, and the Channel Islands.

This reflects APPSolve’s dedication to delivering exceptional service and fostering close collaboration with its clients. Through the implementation of Oracle Cloud’s Procure to Pay solution, the investment bank has realised significant business benefits, particularly in the areas of expense management, procurement efficiency, and invoice processing.

𝗞𝗲𝘆 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗱:

💼𝘌𝘹𝘱𝘦𝘯𝘴𝘦 𝘙𝘦𝘱𝘰𝘳𝘵𝘴 𝘛𝘳𝘢𝘯𝘴𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯:Prior to implementing Oracle Expense Reports, the Bank’s expense reimbursement process spanned an entire month. With the adoption of Oracle Expense Reports, this process has been streamlined, reducing the time required for processing expense reports to mere days – a remarkable 75% decrease. This transformation enables faster reimbursement and greater operational agility.

💼𝘌𝘯𝘩𝘢𝘯𝘤𝘦𝘥 𝘚𝘶𝘱𝘱𝘭𝘪𝘦𝘳 𝘊𝘢𝘵𝘢𝘭𝘰𝘨𝘶𝘦𝘴 𝘔𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵:Through the deployment of Oracle’s procurement catalogues and Supplier Portal, the Bank significantly streamlined the process of updating supplier catalogues. Automation of this process saved approximately 4 to 5 days of manual effort per employee, freeing up valuable time for more strategic, high-value activities.

💼𝘙𝘦𝘷𝘰𝘭𝘶𝘵𝘪𝘰𝘯𝘪𝘴𝘦𝘥 𝘐𝘯𝘷𝘰𝘪𝘤𝘦 𝘗𝘳𝘰𝘤𝘦𝘴𝘴𝘪𝘯𝘨 𝘸𝘪𝘵𝘩 𝘐𝘋𝘙: The implementation of Intelligent Document Recognition (IDR) for processing supplier invoices has been a game-changer for the Bank. IDR reduced the manual workload on accountants by 3 to 4 days per month. Collectively, this enhancement has saved the business between 800 to 1000 man-hours per month, driving greater productivity and efficiency across operations.

“We are incredibly proud of the successful implementation and the resulting business outcomes for our client,” said Seef Muller, Chief Delivery Officer at APPSolve. “Our team’s commitment to excellence and our partnership with Oracle and our customers have allowed us to expand our role in delivering Oracle Cloud solutions on a global scale.”