Military Sealift Command Implements Oracle(R) U.S. Federal Financials Applications; First U.S. Navy Pilot Project to Go Live

Apr 03, 2001, 01:00 ET from Oracle Corp.

    REDWOOD SHORES, Calif., April 3 /PRNewswire/ --
 ( http://www.oracle.com/tellmemore/?638759 )  The U.S. Navy's Military Sealift
 Command (MSC) has implemented Oracle U.S. Federal Financials applications
 without any change to the software, becoming the first Navy pilot project to
 go live.  The MSC, which provides ocean transportation of equipment, fuel,
 supplies and ammunition to sustain U.S. forces worldwide, implemented the
 Oracle solution with interfaces to other Defense Department legacy systems.
 More than 17,000 purchase orders, 8,000 receipts and 2,000 requisitions were
 converted from legacy systems to the new web-native system, accessed using
 just a browser, enabling the command to complete its first year-end financial
 closing with the Oracle (Nasdaq: ORCL) software.  Oracle's solution, running
 on top of the Oracle8(TM) database and Oracle Internet Application Server,
 gives MSC visibility and traceability for all financial transactions, the
 capability to enter accrued expenses as they occur instead of monthly and the
 ability to record worldwide transactions in the period in which they occur.
 MSC is also using a financial data mart tool that gives program managers
 visibility into costs and revenue, information that is helpful in determining
 where to reduce expenses and improve ship operations.  Besides accessing real-
 time financial and management information, the command has also implemented
 Oracle U.S. Federal Human Resources applications for the use of mariners on
 ships.
     NOTE:  Oracle is a registered trademark and Oracle8 is a trademark or
 registered trademark of Oracle Corporation.
 
 

SOURCE Oracle Corp.
    REDWOOD SHORES, Calif., April 3 /PRNewswire/ --
 ( http://www.oracle.com/tellmemore/?638759 )  The U.S. Navy's Military Sealift
 Command (MSC) has implemented Oracle U.S. Federal Financials applications
 without any change to the software, becoming the first Navy pilot project to
 go live.  The MSC, which provides ocean transportation of equipment, fuel,
 supplies and ammunition to sustain U.S. forces worldwide, implemented the
 Oracle solution with interfaces to other Defense Department legacy systems.
 More than 17,000 purchase orders, 8,000 receipts and 2,000 requisitions were
 converted from legacy systems to the new web-native system, accessed using
 just a browser, enabling the command to complete its first year-end financial
 closing with the Oracle (Nasdaq: ORCL) software.  Oracle's solution, running
 on top of the Oracle8(TM) database and Oracle Internet Application Server,
 gives MSC visibility and traceability for all financial transactions, the
 capability to enter accrued expenses as they occur instead of monthly and the
 ability to record worldwide transactions in the period in which they occur.
 MSC is also using a financial data mart tool that gives program managers
 visibility into costs and revenue, information that is helpful in determining
 where to reduce expenses and improve ship operations.  Besides accessing real-
 time financial and management information, the command has also implemented
 Oracle U.S. Federal Human Resources applications for the use of mariners on
 ships.
     NOTE:  Oracle is a registered trademark and Oracle8 is a trademark or
 registered trademark of Oracle Corporation.
 
 SOURCE  Oracle Corp.

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