Oracle Corporation Offers Mid-Sized Manufacturers Fast
Implementation of Manufacturing and Financial Software
for Less than $18K Per Month
PR Newswire - January 11, 1999 08:17
REDWOOD SHORES, Calif., Jan. 11 /PRNewswire/ -- Oracle Corp. today announced the
availability of customized financing plans to help customers immediately begin implementing the
newly-announced FastForward Manufacturing Rapid Preconfigured Model (RPM) solution. The
financing plans, available through Oracle Financing Division (OFD), are specifically designed to make
this solution affordable to mid-sized manufacturing companies.
Oracle's FastForward Manufacturing RPM includes Oracle's industry-leading manufacturing
software, which can help companies improve customer responsiveness and product quality by
reducing cycle time. Designed specifically for mid-sized manufacturing companies, Oracle(R)
FastForward Manufacturing RPM is a fixed-price, fixed-time solution comprised of Oracle
manufacturing and financial applications software, consulting, education and one year of support, all
for a cash price of $555,000 for 30 users. OFD is offering a financing alternative to the cash price
through an installment purchase plan, which is priced at $17,500 per month for 36 months. Leasing
plans are also available for the solution. Hardware, peripherals, additional user licenses, additional
software and services may also be added to the financing plans.
"We needed the full suite of Oracle Financials and Manufacturing applications along with rapid
implementation services to support our growing distribution company," said Richard Chadwick,
assistant vice president, Decision Support Services, Inc. "Oracle Financing Division was able to offer
flexible and affordable financing options so we could start our project immediately and maximize our
cash position."
With Oracle FastForward Manufacturing RPM, customers receive the following 13 key Oracle
Applications Release 11 modules for 30 users:
-- Oracle Financials -- Oracle General Ledger, Oracle Payables, Oracle
Assets, Oracle Purchasing and Oracle Receivables
-- Oracle Manufacturing -- Oracle Bill of Materials, Oracle Capacity,
Oracle Cost Management, Oracle Engineering, Oracle Inventory,
Oracle Master Scheduling/MRP, Oracle Work In Progress (WIP) and
Oracle Order Entry.
This new solution also features Oracle's fixed-scope FastForward implementation service, which
enables customers to implement Oracle's industry-leading applications in 90 business days or less. A
tailored education package also comes with the offering, including fifteen days of onsite end-user
training, as well as a user training repository. One year of OracleSILVER(sm) support is provided,
which includes 24x7 global telephone support and regular account management reporting.
"Delivering affordable financing plans along with our FastForward Manufacturing RPM solution helps
mid-sized companies to get started right away," said Anil Vora, Oracle vice president and managing
director of OFD. "These customers will also appreciate that our payment plans, like our applications,
are scalable and extensible -- scalable to meet growth needs and extensible to cover additional costs
associated with a new system."
Availability
Oracle's FastForward Manufacturing RPM offering is available through May 15, 1999. The financing
plans are subject to customer credit approval and completion of standard financing documentation.
The payment terms offered may vary due to changes in economic conditions.
OFD offers payment, financing, and leasing solutions for Oracle software, consulting, education and
support as well as for related technologies in over 30 countries around the world.
Oracle Corporation is the world's leading supplier of software for information management, and the
world's second largest software company. With annual revenues of more than $8.0 billion, the
company offers its database, application server, tools and application products along with related
consulting, education, and support services in more than 145 countries around the world.
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