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Tifco Group Tightens Control on Purchasing While Streamlining Business Processes for Expansion

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Executive Summary

Tifco Limited wanted to gain access to accurate and timely financial information and standardize key accounting functions across the group for greater efficiency and expenditure control. The challenge was to cut costs by streamlining procurement channels and reducing unnecessary or excess inventory items and build a scalable, future-proof system to support Tifco's expansion plans. Tifco Limited deployed Oracle E-Business Suite using Oracle Business Accelerators, ensuring a fast and seamless implementation over five months and resulting in savings of 30% on overall project costs to that of a traditional roll out method.

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