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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By Gbaf News

    Posted on May 16, 2018

    Featured image for article about Top Stories

    Clover Infotech will streamline its accounting and financial processes to effectively utilize resources and increase return on investments

     Clover Infotech, one of India’s leading IT services providers has implemented Oracle ERP Cloud for Financials, Project Contracts Billing and Project Financials. The implementation was done by Clover Infotech’s team in just three months. Oracle ERP Cloud was able to address many business challenges, including those associated with the changing laws on taxation in India, the advent of GST (Goods and Services Tax) and its impact on multiple end customers.

    The Oracle ERP Cloud implementation enabled Clover Infotech to support localized tax rules, capture revenue and expenses at a granular level, and significantly reduce data processing time. As a result, Clover Infotech’s senior management and decision makers can get a holistic and customized view of business data for better analysis, decision-making, and reporting.

    Congratulating the team, Javed Tapia, MD, Clover Infotech, said, “This was a very important project. We have seen a significant reduction in the time taken to get accurate data. With Oracle ERP Cloud, our management team has a better representation of the overall business and this has helped us become more agile in our decision making. It has also improved efficiency in our business operations.”

    Sathya Prasad Rai, Vice President, SaaS Sales, Oracle India, said, “The business environment today is hyper-competitive and driven by agile organizations born in the cloud. They are driven to digitalize older processes and disrupt the conventional. We have had a long standing association with Clover Infotech and are excited that they have successfully implemented Oracle ERP Cloud to transform their financial business processes and technology requirements.”

    Clover Infotech is one of the preferred partners for GST-compliant Oracle ERP Cloud implementations in India.

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