Banking

Colombiana de Comercio - Alkosto S.A. Improves Operating Efficiency in Sales Operations

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Executive Summary

Colombiana de Comercio - Alkosto S.A. wanted to update the company's Oracle PeopleSoft applications to ensure continuous support and gain new functionality to maintain the company's annual growth and centralize back-office procedures for the company's various product lines including mass consumer products, electronics, home appliances, and vehicles to ensure agile and accurate decision-making. The challenge was to accelerate response times for accounts payable/accounts receivable cycles and for updating the company's credit portfolio to improve operating efficiency in sales and make the company more competitive. Colombiana de Comercio - Alkosto S.A. upgraded to a newer version of Oracle's PeopleSoft Enterprise financial management and supply chain management applications, gaining new functionality to improve sales operations.

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