Hub Designs and Equifax(R) Introduce Data-Enriched ERP, MDM Solution
Provides Oracle E-Business Suite and Customer Data Hub Users Direct Access to Equifax Data
Hub Designs Equifax Integration for Oracle Unveiled at 2010 Gartner MDM Summit
LAS VEGAS, April 14 /PRNewswire-FirstCall/ -- GARTNER MDM Summit -- Hub Solution Designs, Inc. and Equifax Inc. (NYSE: EFX) today announced a new offering, Hub Designs Equifax Integration for Oracle, bringing the power of unique Equifax Commercial Solutions data to Oracle E-Business Suite and Oracle Customer Data Hub users. The product smoothly integrates Equifax data into Oracle's enterprise resource planning (ERP) and master data management (MDM) suite.
Equifax's world-class business and proprietary data match and verification process provides businesses with the critical customer information they need to improve sales and marketing efforts, reduce supply costs, mitigate risk and ultimately, increase revenue. Information on the more than 50 million worldwide businesses in the Equifax database will help Oracle users to:
- Achieve a single view of customers and suppliers by linking related accounts
- Tap new revenue and customer service opportunities by giving account teams visibility into the total current and potential business of an account
- Align resources to the best customer opportunities through market segmentation and sales and distribution planning
- Reduce purchasing costs through greater insight into the ownership relationships of suppliers
- Enhance compliance and reduce risk with effective customer and supplier monitoring
- Streamline operations by having a common identifier for customers and suppliers across invoices, requisitions, payments, shipping, customs clearance and other business documentation
"The Hub Designs Equifax Integration for Oracle solution provides businesses with enhanced information tightly integrated with their Oracle enterprise applications," said Dan Power, President of Hub Designs. "Access to up-to-date, top-quality information on prospects, customers and suppliers enables businesses to make more informed, more intelligent decisions."
Hub Designs Equifax Integration for Oracle is based on standard functionality in Oracle's customer and supplier master data management technology, and is compatible with Release 12.1 of Oracle's ERP solution, E-Business Suite, and with the same release of Oracle's MDM solution, Customer Data Hub. The product may also be used with other Oracle modules including Oracle Customers Online, Oracle Sales Online and Oracle Receivables.
"By cleansing, enriching and standardizing customer and supplier data, Equifax helps its commercial customers more effectively leverage their buying power and reduce costs," said Mike Zier, Senior Vice President for Equifax Commercial Information Solutions. "Those same unmatched capabilities and advantages are now available to all Oracle E-Business Suite and Oracle Customer Data Hub users through the Hub Designs Equifax Integration for Oracle solution."
About Hub Solution Designs, Inc.
Hub Solution Designs, Inc. is a global management and technology consulting firm specializing in developing and delivering high value master data management and data governance strategies. For more information, please visit www.hubdesigns.com.
About Equifax Commercial Information Solutions
Equifax Commercial Information Solutions provides the information and expertise necessary for companies to best understand and manage their dealings with business customers, prospects and suppliers. Our exclusive partnership with the Small Business Financial Exchange, along with other proprietary sources, provides the best-in-class commercial credit risk data. Combined with highly predictive scoring and innovative technology, businesses can leverage this information to make quick, confident credit decisions and minimize potential losses. For more information about Equifax Commercial Information Solutions, visit www.equifax.com/commercial.
About Gartner MDM Summit
Organizations use Master Data Management (MDM) to increase revenue and customer service, accelerate enterprise agility, promote operational efficiency, achieve competitive differentiation, support enterprise transparency and ensure corporate compliance. The effective management and governance of master data is both an opportunity and challenge for many large enterprises. The Gartner MDM Summit 2010 highlights key trends and identifies best practices, technologies, software tools and vendors that will guide you through successful implementation of your MDM initiatives. Additional information is available at www.gartner.com/us/mdm.
SOURCE Hub Solution Designs, Inc.
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