This Oracle Accelerate solution is designed for midsize companies in the Professional Services industry, which need to improve operational efficiency in core business processes. It addresses the needs of organisations, which suffer from a lack of executive visibility and insight into corporate profitability for informed decision making. Based on Oracle E-Business Suite, this Accelerate solution provides complete end-to-end financial software, and real time financial visibility. Business benefits are a reduced cost to process financial documents and an improved profitability analysis.
This Oracle Accelerate solution is tailored for the Professional Services industry and support the core financial management business processes. Based on leading industry practices, it enables customers to rapidly adopt and standardize on world-class business processes. This package includes Oracle E-Business Suite software licences, implementation services, and a bundle of specific programs developed by Timestamp to meet the Portuguese statutory and reporting requirements.
The solution delivers significantly improved time-to-benefit at low risk.
Included in this solution is Timestamp’s add-ons to meet the latest requirements of the Portuguese fiscal authorities and cover the specific business needs of local financial management based on best practices.
Business processes enabled include:
• Budgets to Approval
• Customer Invoice to Receipt
• Supplier Invoice to Payment
• Receipt to Assets
• Assets to Depreciation
• Bank Statement to Cash Reconciliation
• Sub ledger Journals to Post
• Requisition to Receipt
• Supplier Return to Settlement
Portuguese Fiscal Pack contains:
• Oracle Taxes setup adjusted to VAT and other taxes
• Cash-flow report
• Supplier hold invoices report
• Supplier open invoices
• Supplier statement
• SNC – Balance sheet
• SNC – Profit & Loss report by expense and revenue type
• SNC – Profit & Loss report by activity
• SNC – Equity changes statement
• SNC – Cash flow
• New form used to setup fiscal reports
Our solution is not a classic ERP implementation but rather a unique and distinctive project as it is based on an innovative approach. Why? (1) Because it is based on a top class and world leading software: Oracle E-Business Suite; (2) Because we provide a complete solution with Fixed Scope, Fixed Time and Fixed Budget; (3) Because we use a easy-to-use tool - Oracle Business Accelerator - to speed up set up and implementation. Moreover our solution is based on a template adapted by Timestamp to include the best practices for financial management in Portuguese geography; (4) Because we added a bundle of localizations to fit Portuguese fiscal requirements (eg. SNC); (5) Because our Oracle EBS team is very experienced and is available to discuss business details or product strategy; (6) Finally because the Organization may start working with an initial version of the solution and escalate it to new functionalities or modules.
Timestamp - Sistemas de Informação, S.A.
TimeStamp offers solutions in information systems and highly specialized services as well as a variety of technological and Solutions areas that encompass:
Timestamp signed an agreement with Public Sector Purchasing Agency to resell Oracle Technology and Applications to Government Departments, Public Sector Organizations and Public held Companies.
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