2e2 Delivers an Oracle Accelerate Solution for the Financial Services Industry

Published 31st March 2009

Provides an easy to implement, pre-configured solution for midsize businesses

Location – March 31st 2009

News Facts
• 2e2, one of the fastest growing IT service providers in Europe, today announced it has launched an Oracle Accelerate solution for the Financial Services industry giving midsize businesses access to a Tier 1 Financials solution that is affordable and scaleable.
• 2e2 has based its industry-specific solution on the Oracle E-Business Suite and offers a solution that financial services organisations can start testing within hours – enabling very rapid return on investment.
• The Oracle Accelerate solution comes pre-configured and is based on industry best practice business flows, however, customers can also modify and expand their solution anytime. Key business processes that are enabled include: Customer Invoice to Receipt; Supplier Invoice to Payment; Budgets to Approval; Bank Statement to Cash Reconciliation; and Period End Close to Financial Reports.
• 2e2 brings considerable, essential experience gained from its customer success in the Financial Services sector, a grounding in scaleable solutions and an understanding of the needs of midsize businesses.
• Financial services businesses implementing the new Oracle Accelerate solution with 2e2 will benefit from outstanding service levels, with skilled guidance and experienced project management.
• 2e2 specialises in Oracle E-Business Suite and is a Certified Advantage Partner in the Oracle® PartnerNetwork.

Supporting Quotes
• Andrew Norris, Commercial Director, 2e2 Business Applications said: “I have always believed that minimising any disruption caused by system implementation means that time can be spent evolving business practices and focusing on value-added activities that are what ultimately bring the best returns for the business.”
• David Mills, Vice President and Applications Leader, Oracle UK said: “The industry expertise and reach provided by our partners is critical for midsize businesses looking to own specially tailored solutions for their industries. Oracle Accelerate solutions combine Oracle’s world-class applications with the industry expertise of our knowledgeable partners to deliver complete, industry focused solutions that are affordable for midsize companies.”

About Oracle Accelerate
Oracle Accelerate is Oracle's approach for helping Certified Partner and Certified Advantage Partners in the Oracle PartnerNetwork bring complete, easy to own, industry-focused solutions to small and medium businesses and small and medium governments. Key to Oracle Accelerate solutions is the availability of pre-packed application bundles that can be quickly implemented by partners and provide a wide range of industry-specific functionality. As part of Oracle Accelerate, Oracle provides partners with Oracle Business Accelerators, which are rapid implementation tools, templates and process flows to enable customers to realize immediate benefit from Oracle Applications. With Oracle Accelerate, customers can take advantage of Oracle's enterprise applications, including integrated business flows across front office, back office and industry-specific processes. Additionally, customers can benefit from automated upgrades, which can significantly reduce the complexity and risk associated with migrating to updated versions.

About the Oracle PartnerNetwork
Oracle PartnerNetwork is a global business network of more than 20,000 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle’s premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today’s global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle’s position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels.

About 2e2
2e2 is one of the fastest growing IT service providers in Europe. The company has revenues of £240m and employs more than 1,500 exceptional people across the UK and Isle of Man, Netherlands, Belgium, and the Channel Islands. Because 2e2 has such a large team, they have the breadth of capability to support almost all of a customer’s IT needs. 2e2 has the depth of technical and business expertise required to deliver and run complex systems. The company’s award winning team includes some of the most talented professionals in the industry. This is why world-leading vendors such as Microsoft, Cisco, HP, Oracle and EMC have awarded 2e2 their highest accolades and accreditations and trust us as their early adopter partner of choice.

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