Banking

Grupo Carvajal S.A. Integrates Procedures and Reduces Costs With a Single Platform

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Executive Summary

In 1904, Manuel Carvajal Valencia and his two sons printed the first page of a weekly paper on a rudimentary press in Cali, Colombia. The company needed to integrate the financial procedures of 160 separate businesses in a Web environment, to make it possible to quickly and easily replicate and deploy applications throughout the organization. In 2003, when Grupo Carvajal started optimizing its technology, it relied on the integrated Oracle E-Business Suite, Oracle Business Intelligence, and Oracle Hyperion applications. This enabled it to replace separate systems, integrate and standardize financial procedures, and replicate and deploy a single IT model throughout the organization.

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