Apollo Health & Lifestyle Limited, a leading retail healthcare company, has embarked on a transformative journey by migrating its core financial systems to Oracle Fusion Cloud Enterprise Resource Planning (ERP). This strategic move aims to streamline financial operations, enhance productivity, and drive better decision-making.
Oracle Cloud ERP: A Game-Changer for Apollo Health & Lifestyle
The adoption of Oracle Cloud ERP promises to revolutionize the way Apollo Health & Lifestyle manages its financial processes. By leveraging cutting-edge technology, the company aims to eliminate manual tasks, foster innovation, and enhance the speed and accuracy of reporting.
The Scope of Apollo Health & Lifestyle’s Operations
A Glimpse into Apollo Health & Lifestyle
As a subsidiary of Apollo Hospitals Enterprise Limited, Apollo Health & Lifestyle oversees a vast network of standardized primary healthcare models, encompassing Multispecialty Clinics, Diabetes Management Clinics, Dental Clinics, and Diagnostic Centers. This extensive footprint underscores the company’s commitment to delivering quality healthcare services.
The Role of Oracle Cloud ERP
Oracle Cloud ERP is poised to revolutionize Apollo Health & Lifestyle’s operations by increasing productivity, reducing costs, and improving controls. Sriram Iyer, CEO of Apollo Health & Lifestyle Ltd., emphasizes the importance of fortifying the company’s financial infrastructure to ensure agility and efficiency across all business verticals.
Enhancing Financial Reporting with Oracle Fusion Cloud EPM
Driving Efficiency with Oracle Fusion Cloud EPM
The incorporation of Oracle Fusion Cloud Enterprise Performance Management (EPM) within the ERP system marks a significant milestone for Apollo Health & Lifestyle. This integration promises to enhance the speed and accuracy of financial reporting, thereby facilitating better decision-making by senior leaders.
A Step Towards Continuous Improvement
By reducing the time required for book closures and providing predictive insights, Oracle Fusion Cloud EPM enables Apollo Health & Lifestyle to embrace continuous improvement and innovation in financial management.
The Decision-Making Process: Selecting Oracle Cloud ERP
Choosing Oracle Cloud ERP
The decision to select Oracle Cloud ERP was made in September 2022, following a comprehensive evaluation process. The cloud-based solution stood out for its touchless operations, predictive insights, and embedded collaboration features, aligning perfectly with Apollo Health & Lifestyle’s vision for the future.
Empowering Employees with Simplified Processes
Ashish Maheshwari, CFO of Apollo Health & Lifestyle Ltd., emphasizes the transformative impact of Oracle Cloud ERP on finance processes. By simplifying operations and increasing business agility, the platform empowers employees to focus on delivering exceptional care to customers.
The Role of PwC in Implementation
Execution by PwC
The implementation project was executed by PwC, a trusted member of the Oracle PartnerNetwork (OPN). Hirak Kayal, Partner at PwC, underscores the importance of efficient back-office operations in meeting the growing demand in India’s healthcare delivery market.
The adoption of Oracle Cloud ERP marks a significant milestone in Apollo Health & Lifestyle’s journey towards operational excellence and innovation. With Oracle’s cutting-edge solutions, the company is poised to achieve new heights in financial management and deliver unparalleled value to its stakeholders.