12 August 2014 - Pune, India. KPIT (BSE: 532400, NSE: KPIT), a Platinum level member of Oracle PartnerNetwork (OPN), today announced its new Business Process as a Service (BPaaS) offering "Powered by Oracle" for Oracle's JD Edwards. KPIT's new BPaaS offering will enable customers to drive more value to their business and align closely with their business goals. KPIT, will offer all major business processes that are part of Oracle's JD Edwards Enterprise Resource Planning (ERP) Suite such as Procure to Pay, Order to Cash, Plan to Produce, Financial Management and Inventory Management to customers, through this cloud-based solution.
KPIT will offer BPaaS as a Subscription Based ERP solution in Plug and Play format, enabling customers to go live in as few as 3 weeks. This offering, while alleviating the need for an on premise ERP setup, will simplify the ERP operations and drive value to customers-business. It will help customers to concentrate on their businesses without worrying about implementations, upgrades, or maintenance of their ERP systems.
Value-added business process services provided by KPIT include JD Edwards' reports preparation, master data management and sales updates and postings.
Baljeet Chhazal, Global Head, Oracle Business, KPIT, said, "KPIT's BPaaS offering is in line with our strategy of leveraging technology to achieve innovation. This solution will enable our customers to improve business agility, achieve scalability and reduce their ERP expenditure by moving from a traditional CAPEX model to a more flexible OPEX model. The model further empowers the customers with greater business control, simplifying IT complexities and enabling an agile service delivery."
Oracle's JD Edwards
EnterpriseOne is an integrated applications suite of comprehensive ERP software that combines business value, standards-based technology, and deep industry experience into a business solution with a low total cost of ownership
Organizations today are looking to reduce costs while operating more efficiently, leading many to outsource non-core business processes, such as payroll, human resource administration, or accounts payable and receivable. By leveraging Oracle's extensive network of partners who deliver BPaaS Powered by Oracle' services, customers gain the combined benefit of Oracle's leading stack of technology and applications and specific partner expertise in the business processes they are choosing to outsource. With the combined Oracle and partner service, customers can focus more on their business challenges, instead of back-office operations.
"Oracle is committed to delivering value and efficiency to both our partners and the joint customers they serve, said Tibor Beles, VP - Business Process Services, Oracle. "By leveraging Oracle technology in tandem with the domain expertise of a valued BPaaS partner, like KPIT, customers can remain agile, be responsive to changing market conditions and effectively manage costs.