Asset Management White Papers

Hong Kong's MTR Relies on Oracle E-Business Suite to Keep Its Rail System and Development Properties on Track

Overview Over the years, Hong Kong's MTR Corporation Limited has created a uniquely successful business model, deriving significant benefits from integrating their core railway business with the development of properties next to its stations. As the corporation grew, the system expanded to include in-house developed fixed assets, accounts payable, accounts receivable, and cash book modules, which they migrated to VAX/VMS. These isolated systems were difficult and costly to maintain. Oracle Financials, part of Oracle E-Business Suite, provided MTR with an integrated financial management system. Their fragmented data was now consolidated into one pool. The integrated financial system allowed them to accelerate the monthly cycle for financial closing and reporting.

Further White Paper Details
PublisherOracle File FormatHTML
Date PublishedFebruary 2005 Downloads2
FormatCase Studies   
Topics
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