Continental Insurance revitalized with Cutting-Edge
Oracle ERP Solution:
DMS Software Technologies implements Oracle E-Business Suite
DMS Software Technologies (Pvt) Ltd (DMSSWT), a Gold Level Member of
the Oracle PartnerNetwork (OPN), successfully completed the
implementation of the Oracle E-Business Suite solution at Continental
Insurance Lanka Limited. The new system has substantially helped the
company increase efficiency and accuracy in its many financial
transactions.
(From Left to Right) Ananda Bandara, Senior Accounts Executive,
Continental Insurance, Harsha Kularathna, Accountant,
Continental Insurance, Shanuka Jayarathna, Head of Finance,
Continental Insurance, Palitha Rodrigo, Director / General
Manager, DMS Software Technologies (Pvt) Ltd., Asoka
Abeyewardene, Director, Continental Insurance, Uditha Jayaratna,
Applications Consulting Group Manager, DMS Software Technologies
(Pvt) Ltd., Supunika Subasinghe, Oracle Applications Consultant,
DMS Software Technologies (Pvt) Ltd., Nalinda Jayawardena,
Oracle Applications, Consultant, DMS Software Technologies (Pvt)
Ltd. |
The Oracle solution was combined with a pre-existing General Business
System (GBS), at Continental Insurance via a customized programme,
developed by a team of Engineers from DMSSWT to ensure the best possible
results, by introducing "Straight through processing."
"Since the solution was implemented by the DMSSWT team, they made
sure that all our needs were met for the best possible implementation of
the Oracle system and the optimal performance of our pre-existing GBS,"
said Shanuka Jayarathna, Head of Finance at Continental Insurance.
DMS Software Technologies provided the solution design and
implementation services, assisted with data migration, trained
Continental Insurance staff in using the system and supported the
company's efforts to build knowledge of the Oracle products. The
insurance company also engaged DMS Software Technologies for
Post-Implementation support.
"In our industry, a lot of financial transactions occur daily and
it's imperative that we maintain accuracy and reliability. With this
implementation, there's no room for error since we no longer have to
monitor and maintain everything manually," Jayarathna further stated.
Continental Insurance Lanka Limited (CILL), is a company engaged in
general insurance business in Sri Lanka and is a member of the
Distilleries Group of Sri Lanka (DCSL Group). DCSL PLC was recently
accredited with a Fitch Rating of AAA(lka), which gives them added
strength and security. CILL is a dynamic player in the insurance
industry, committed to providing world class levels of service in its
journey to become the No. 1 insurance provider in Sri Lanka. They have
also become one of the fastest growing insurance companies in Sri Lanka
and has been instrumental in providing innovative insurance products to
the market. The Continental Insurance Product Portfolio currently
includes Motor, Fire, General Accident and Marine Insurance coverage and
offers tailor made insurance products for both personal and business
requirements.
"Implementing the Oracle E-Business Suite to the exact requirements
of Continental Insurance, demanded a highly skilled team," said Palitha
Rodrigo, General Manager of DMS SoftwareTechnologies (Pvt) Ltd. "As the
largest local Oracle EBS implementer, we have the relevant expertise and
know-how and successfully came up with the implementation to ensure that
all customer requirements were met."
With a partnership dating back to 1991, DMS Software Technologies (Pvt)
Ltd., is an Oracle Gold Partner in Sri Lanka, specializing in Oracle
Applications.
The company provides a full range of services, including Consulting,
Development, Support and Training. DMSSWT's focus on Oracle has led to
the development of skills and technology, capable of supporting many
Oracle products on multiple platforms in an array of industries,
including Finance, Telecommunications, Public Sector enterprises and
large conglomerates. DMSSWT is the only Oracle Implementation partner in
Sri Lanka with over 15 years of Oracle EBS implementation experience.
Over 65,000 customers worldwide rely on Oracle's complete, open and
integrated enterprise applications to achieve superior results. Oracle
provides a secure path for customers to benefit from the latest
technology advances that improve the customer software experience and
drive better business performance. Oracle Applications Unlimited is
Oracle's commitment to customer choice through continuous investment and
innovation in current applications offering. |