UAE’s Amana Group transforms business applications with Oracle Cloud

Amana Group, one of the Middle East’s multinational construction conglomerates, will implement Oracle Fusion Cloud Applications Suite to modernise its business operations and support the company’s expansion, a statement said.

With Oracle, Amana will be able to optimise finance and HR processes to reduce costs, rapidly respond to changing market demands, and support its growing workforce.

Amana Group’s portfolio spans aviation, automotive, agriculture, manufacturing, retail, energy, logistics and other major industries. The company’s ongoing expansion in its home region as well as in Africa and South East Asia, combined with the operational and staffing disruption brought on by the pandemic, required it to reassess how it manages its financial and HR processes. It needed a solution that would help the company quickly embrace new operational models, flexibly scale services, and support its growing workforce.

Amana selected Oracle Fusion Cloud Human Capital Management (HCM) and Oracle Fusion Cloud Enterprise Performance Management (EPM).

“At Amana Group, one of our key priorities is to foster a dynamic working environment that motivates our employees to perform to their full potential and grow with us. Working with Oracle Cloud HCM, we seek to make the processes that are important to our people’s well-being and productivity easy to update, transparent and always available, no matter where employees are located. This includes goal-setting, performance management and benefits mangement” said Jihad Bsaibes, CEO, Amana Group.

Siloed finance and HR systems cannot give a clear picture of the company’s performance. Amana’s leadership focused on the integration of finance and human resource function to secure an integrated view of all modules including budgets, revenue, salaries, bonuses, commissions and benefits etc.

AMANA Group, one of the Middle East’s largest construction conglomerates, implements #Oracle Fusion #Cloud Applications to modernize business operations and support expansion. https://t.co/trqrC9S5cS

#HR #Finance pic.twitter.com/kXbToBx7xc

— Oracle Middle East (@Oracle_ME) February 10, 2022

With Oracle Cloud HCM, Amana will able to adapt its people strategy to the ever-increasing pace of change with an integrated HR platform that provides one source of truth for HR data and unifies every process across the employee lifecycle. At the same time, with integrated artificial intelligence (AI), digital assistants, and thousands of new capabilities each quarter, Oracle Cloud HCM will help Amana with smarter HR workflows.

With Oracle Cloud EPM, Amana’s finance teams will be able to speed up decision-making and adapt quickly to changing business conditions with simple, insightful and highly automated business analytics and reporting.

“Recognising the need for simplified businesses processes, Amana’s move to Oracle cloud applications provides the company with a strong digital foundation that enables it to better support its workforce and remain agile and adaptable as it manages one of the most significant business transitions in its history,” said Rahul Misra, vice president business applications, Lower Gulf, Oracle.

Meanwhile, with cloud computing proliferating in the Middle East, Oracle has been constantly demonstrating their commitment to the region with massive investments to enable organisations of all sizes to achieve strategic objectives through digital transformation.

Read: Public cloud gains pace in the MENA region

The cloud provider has launched its cloud regions in Jeddah and Dubai in 2020, Abu Dhabi in 2021, besides also announcing NEOM as the location of its second cloud region in Saudi Arabia taking the total count of its cloud regions to four in the Middle East. Oracle aims to launch 44 cloud regions globally by the end of 2022.

Recently, the company also announced that it has become the title sponsor of the Red Bull Racing Formula 1 team.

Read: Oracle named as Red Bull Racing F1 title sponsor

The cloud company and Red Bull Racing have enhanced their partnership and introduced a new team name, Oracle Red Bull Racing, and its new car for the upcoming season, the RB18.