EC News DeskOracle has announced that AMANA Group, one of the Middle East’s largest multinational construction conglomerates, will implement Oracle Fusion Cloud Applications Suite to modernize its business operations and support the company’s expansion. With Oracle, AMANA will be able to optimize finance and HR processes to reduce costs, rapidly respond to changing market demands, and support its growing workforce.
AMANA Group is a leading commercial and industrial design-build contractor with a portfolio spanning aviation, automotive, agriculture, manufacturing, retail, energy, logistics and other major industries. The company’s ongoing expansion in its home region as well as in Africa and South East Asia, combined with the operational and staffing disruption brought on by the pandemic, required it to reassess how it manages its financial and HR processes.
It needed a solution that would help the company quickly embrace new operational models, flexibly scale services, and support its growing workforce. AMANA selected Oracle Fusion Cloud Human Capital Management (HCM) and Oracle Fusion Cloud Enterprise Performance Management (EPM).
Siloed finance and HR systems cannot give a clear picture of the company’s performance. AMANA’s leadership focused on the integration of finance and human resource function to secure an integrated view of all modules including budgets, revenue, salaries, bonuses, commissions and benefits.
Middle East construction giant automates finance and HR with Oracle Fusion Cloud Applications to enhance operational efficiency and support growing workforce
With Oracle Cloud HCM, AMANA will able to adapt its people strategy to the ever-increasing pace of change with an integrated HR platform that provides one source of truth for HR data and unifies every process across the employee lifecycle. At the same time, with integrated artificial intelligence (AI), digital assistants, and thousands of new capabilities each quarter, Oracle Cloud HCM will help AMANA stay ahead of the game with smart HR workflows. With Oracle Cloud EPM, AMANA’s finance teams will be able to speed up decision-making and adapt quickly to changing business conditions with simple, insightful and highly automated business analytics and reporting.
“At AMANA Group, one of our key priorities is to foster a dynamic working environment that motivates our employees to perform to their full potential and grow with us. Working with Oracle Cloud HCM, we seek to make the processes that are important to our people’s well-being and productivity easy to update, transparent and always available, no matter where employees are located. This includes goal-setting, performance management and benefits mangement” said Jihad Bsaibes, CEO AMANA Group.
“Recognizing the need for simplified businesses processes, AMANA’s move to Oracle Cloud Applications provides the company with a strong digital foundation that enables it to better support its workforce and remain agile and adaptable as it manages one of the most significant business transitions in its history,” said Rahul Misra, vice president business applications, Lower Gulf, Oracle.
