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RAE Systems wanted to integrate enterprise resource planning systems across five global offices onto a single platform to standardize processes and extend visibility and automate internal financial controls and facilitate completing monthly financial closes in one week to ensure compliance with Sarbanes-Oxley (SOX) and global taxation requirements. The challenge was to increase the vertically-integrated manufacturer's ability to sell spare parts and services globally via the Web and promote global growth to maintain competitive edge over other industry providers. RAE Systems upgraded to Oracle E-Business Suite Release 12 to consolidate global operations onto a single, flexible ERP platform and reduced the time required for monthly financial closes to one week, accelerating the process over time.
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