Ares implements Oracle EBS for Taiwan Kirin company saving monthly account closing time by 7 days
By: Ares International Corp.
The Japanese brewery company - Kirin Holdings Company, Limited was established in 1885, and entered the Taiwanese market nearly 30 years ago. In the recent years, the annual turnover of Taiwan Kirin Co. Ltd. has exceeded USD$ 8.2 million dollars, is the No.1 Japanese brand in the Taiwanese beer market. T
With the consideration of business growth and operating costs, the original account settlement with manual operation not only requires huge amount of time and labor, but also delays the report progress, which prohibited the enterprise to make operational strategies immediately. On the other hand, since Japan Kirin headquarter and Taiwan Kirin both need to satisfy the IFRS (International Financial Reporting Standards), along with the promotion of electronic government uniform invoice, manual work is still needed for invoice information log-in and many other works, which is very time consuming. Thus, Taiwan Kirin decided to solve the manual operation problems gradually through information system, while increasing enterprise combat capability!
Oracle EBS R12 Solution
- Reduced monthly account closing operation time by 58.3%
-Saved labor costs for monthly account closing by 33.3%
-eGUI transfer saved 50% manual operation time
Powerful system upgrade facilitates control of financial distribution process!
Since Taiwan Kirin went through business scope adjustment, intensifying external competitions and other challenges, with the growth of business volume and consideration of operating costs, Taiwan Kirin had to constantly adjust the internal operating procedures. To enhance competitiveness and improve system problems, Taiwan Kirin simplified the financial distribution procedures and increased the operation efficiency through Oracle EBS R12: system upgrade not only enhanced the accuracy and consistency of the generated information, but also strengthened the shipping and delivery of logistics management significantly, assisting the information of each operating unit to connect smoothly!
Stable professional consultant team is key to successful system implementation
During the 12-year corporation between Ares and Taiwan Kirin, besides the aids of Ares professional consultant team during system upgrade implementation stage, when Taiwan Kirin encountered internal system operation problems ordinarily, they also rely on the rapid support of the consultant team to solve the crisis. Michael Lin, manager general administration department of Taiwan Kirin, stated that the "stability "and "reliability "of Ares Oracle ERP consultant team is very precious, and this was why Ares was chosen. Since the two sides have cooperated for a long time, just like invisible mutual understanding formed between good friends, Ares consultant will overcome all the difficulties to assist Taiwan Kirin just by merely a call, to ensure Taiwan Kirin can expand business layout without worries!
Visualized information saves account closing time by 7days with faster and more effective operation control
Simon Yu stated mentioned that the original goal of Taiwan Kirin's Oracle EBS implementation was to reduce the linking time between the purchase orders from vendors and the financials units at first, but the outcome was beyond his expectations. Originally account closing required approximately 2 weeks, with a total of 6 accounting personnel to work overtime, after the system implementation which visualized the information, the time required to finish account closing was reduced to less than 7 days. The work efficiency greatly increased over 58%, and only 4 manpower was needed which saved manpower by 33%. Not only had it reduced the time needed for making financial statements, but also successfully improved the cooperation between clients and sales. Besides, Ares also assisted with establishing eGUI (electronic Government Uniform Invoice) management system, replaced manual login invoice by automatic transfer function, which reduced operation time from 1 day to half day, saving 50% manual operation time and assisting Taiwan Kirin to manage internal operation costs effectively.
Combining Business Intelligence to create new vision of Taiwan Kirin
Just like the idea of "To create a new beverage culture side by side with our consumers; to foster well-being and prosperity among people and societies "that Taiwan Kirin holds, hoping to bring laughter to people by beverages, spread positive energy, and become the enterprise with "indispensable existence." Ares Oracle ERP consultant team will continue to be the strongest information backing for Taiwan Kirin, with professional techniques and experiences to assist Taiwan Kirin to reach its new goal stability step by step!
Oracle ERP is the core software of Oracle E-Business Suite and Oracle EBS is a set of total solution that is based on ERP (Enterprise Resource Planning), with the system extended to the customer end, supply chain end and high-level decision support system, which can be called ERP II. Besides including the traditional ERP, which is at the core of the enterprise, Oracle ERP integrates CRM (Customer Relationship Management), SCM (Supply Chain Management and BI (Business Intelligence)
Ares has provided professional services for over 36 years, and is the first Taiwan-based software company to be listed on the Taiwan Stock Exchange (TSE). Ares is a professional manufacturing management information system provide, with top Manufacturing Execution System (MES) maker for LED industry in Taiwan, and the first government-acknowledged IFRS ERP solution provider. Ares is also the top player of the Taiwan foreign exchange, core banking solutions, and is a SWIFT partner, while being the first Oracle partner in Taiwan. Ares eAResBank is acknowledged by international research institution Gartner, and self-developed ciMes becomes the only Taiwan MES solution acknowledged by Gartner. Ares launched ArgoERP in Thailand with Thai leading software company DataOne Asia of SVOA group, aiming to become the number one ERP in ASEAN markets.
(ARES is registered trademark to Ares International Corp. Other names and trademarks belong to headquarters and branches.)