FREMONT, Calif.--()--Sierra Atlantic Inc. today announced that it has achieved Oracle Validated Integration of Sierra Atlantic BankON™ OnPremise 2.0 with the Oracle E-Business Suite 12.1, through the Oracle PartnerNetwork (OPN).
“Sierra Atlantic, a long-time supporter of Oracle, recognized the demand in the market for this type of solution”
“Oracle Validated Integration applies a rigorous technical review and test process,” said Kevin O’Brien, Senior Director – ISV and SaaS Strategy at Oracle. “Achieving Oracle Validated Integration through the Oracle PartnerNetwork gives customers confidence that the integration between Sierra Atlantic’s BankON OnPremise 2.0 solution and the Oracle E-Business Suite 12.1 work together as designed. This helps reduce risk, improves system implementation cycles and provides for smoother upgrades and streamlined maintenance.”
BankON OnPremise 2.0 from Sierra Atlantic powers Standard Chartered Bank's Straight2Bank Access for Oracle E-Business Suite 12.1 solution, and helps automate payables, receivables, cash reconciliation and trade financing activities for the bank's corporate customers. Straight2Bank Access for Oracle E-Business Suite will enable Standard Chartered Bank to integrate with customers’ ERP systems for streamlined treasury management operations. This new solution enables straight-through processing, eliminating manual and paper-based transaction processes and helps reduce transaction processing costs.
This easy-to-use solution, powered by Sierra Atlantic’s BankON OnPremise 2.0, eliminates the need for customized corporate ERP-to-bank integrations. With minimal ramp-up time, Standard Chartered Bank customers can quickly increase productivity, reduce costs and achieve a positive impact to their bottom line.
Sierra Atlantic’s BankON OnPremise will enable the bank to address a key pain point for its customers in a cost-effective manner. Standard Chartered Bank plans to introduce this new service to its customers in more than 70 countries globally.
“Sierra Atlantic, a long-time supporter of Oracle, recognized the demand in the market for this type of solution,” said GK Murthy, executive vice president, Sierra Atlantic. “Automation of the financial supply chain is a critical factor for both banks and their corporate customers in order to manage and grow their businesses. Sierra Atlantic’s in-depth knowledge of the Oracle E-Business Suite, and our extensive product and integration expertise with major banks and financial institutions have enabled us to deliver this new, automated solution.”
For more information about BankON, visit Sierra Atlantic at Oracle OpenWorld in San Francisco, September 19 thru 23 (Booth 2027 – Moscone South), or go to www.sierraatlantic.com/bankon.
Sierra Atlantic is a Platinum Partner in the Oracle PartnerNetwork.
About Sierra Atlantic
Sierra Atlantic, a Platinum member of the Oracle PartnerNetwork, is the leader in enterprise applications and outsourced product development with expertise derived from deep R&D relationships with enterprise software leaders such as Oracle and Microsoft. Sierra Atlantic is a partner of choice for the world’s leading and progressive companies that look for expertise in full lifecycle product development and IT services including implementation, integration, development, testing, and support. Headquartered in Fremont, California, the company operates in 20 countries across North America, Europe, and Asia Pacific, and has its award-winning delivery centers in India and China. For more information, please visit www.SierraAtlantic.com
About Oracle Validated Integration
Oracle Validated Integration through the Oracle PartnerNetwork gives customers confidence that integrations between Oracle Applications and complementary partner solutions have been validated and the products work together as designed. This can help reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review the integrations of third-party software to Oracle Applications products, including productized repeatable integrations from system integrators. Oracle provides access to Oracle Applications software, tools, technical resources and training to assist partners in developing integrations based on Oracle standards and best practices. Partners who have successfully validated their integrations are authorized to use the “Oracle Validated Integration” logo. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners.
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