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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Teresa Lo who wrote (10772)	5/19/1999 9:42:00 AM
From: Bipin Prasad	Read Replies (1) \| Respond to of 19079

150 Customers Live on Oracle(R) Payroll Worldwide PR Newswire - May 19, 1999 08:15 Customers Overwhelmingly Choose Oracle Payroll to Accommodate Diverse Payroll Policies on a Global Scale REDWOOD SHORES, Calif., May 19 /PRNewswire/ -- Oracle Corp. (Nasdaq: ORCL) today announced that 150 customers worldwide have gone live on Oracle Payroll, enabling them to define and manage their complex payroll requirements and to provide total compensation management for employees. Buffalo Rock, Franklin Covey, Morrison Knudsen, Precision Response Corporation and Sunterra Corporation are among some of the most recent customers that have gone live with Oracle Payroll. Part of the fully-integrated Oracle Human Resources Management System (HRMS), Oracle Payroll is a high-performance, rules-based payroll management system designed to keep pace with changing enterprise and workforce needs. The comprehensive solutions enable fast, flexible, and accurate payroll processing from time capture to ledger costing. Salt Lake City, Utah based Franklin Covey, the premier personal and organizational effectiveness firm in the world, has recently completed a rapid implementation of Oracle Human Resources and Oracle Payroll to replace its outdated legacy systems and streamline non-integrated payroll processes. "The recent implementation of Oracle Human Resources and Oracle Payroll has allowed Franklin Covey to move to a single, integrated high performance system that processes payroll and maintains critical human resource data," said Jack Theler, chief financial officer, Franklin Covey. "In addition, we needed to get our applications running quickly. Oracle Consulting, in conjunction with our internal team, was able to deliver a successful implementation of the Oracle Payroll application in just over 3 months for more than 3,500 Franklin Covey employees," said Theler. The application architecture of Oracle HRMS enables seamless global consolidation of information. The product provides a rich international infrastructure while supporting the legislative, cultural, and functional requirements for organizations. Oracle HRMS comprises Oracle Human Resources, Oracle Payroll, Oracle Training Administration, Oracle Time Management, and Oracle Self-Service Human Resources. These applications unite process automation with complete information access, allowing better decision making. "Oracle Payroll is the premier global payroll application available in the market today," said Joel Summers, vice president of HRMS development, Oracle Corp. "With more than 150 customers live on our payroll solution and localizations in the United States, United Kingdom, Japan, South Africa and Canada, as well as work progressing on a number of new countries, we continue to deliver on our promise to provide our customers with the most powerful and flexible HRMS solutions to meet their global business needs." 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 $8.3 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. For more information about Oracle, please call 650-506-7000. Oracle's World Wide Web address is oracle.com.