Fusion Financials Implementation at Qatar Cool, Qatar

Qatar Cool is a leading commercial provider of district cooling services in Qatar,

with a fully paid share capital of 330 million Qatari Riyals.

Qatar Cool currently owns and operates three cooling plants covering the West Bay and The Pearl-Qatar districts over 1247 million ton-hours of refrigeration sold to date. In terms of reduction of emissions, all three plants eliminate around 250* million kilograms of carbon dioxide from the atmosphere per year, which is equivalent to removing over 49,000 vehicles from the roads or planting 250,000 mature trees.

Project Outline

Modules Implemented

• Fusion General Ledger• Fusion Payables • Fusion Receivables• Fusion Assets • Fusion Cash Management• Fusion Common Financials

Project Kick Off Date : 15-July-2014

Expected Go Live Date : First week of October-2014

Resource Details

Evosys Resource Details

Project Manager : 1

Functional Consultant Onsite : 1

Functional Consultant Offshore: 1

Business Needs Implement a disciplined Financial management environment providing

relevant insight and operational rights to users at different levels in the

Financials chain and various levels in the organizational hierarchy

Eliminate the paper based informal way of initiating the Payables and

Receivables Process

Manage Real Time Reporting & Analysis of the organization's Financial

Position

To have Transaction Trails, Centralised accounting monitors for easy Period

Closing & auditing

Integrated processes with accurate record keeping & accounting

First Project in Qatar region to implement entire Fusion

Financials Family.

One of the first few implementations worldwide to deliver

Fusion Financials , Procurement , HCM, Taleo.

Time Constraint Faced for early Go-Live

Training the key user to adopt to Fusion Financials processes

Streamline the current business processes and provide better

business strategy approach.

SolutionsImplement Fusion General Ledger to provide a centralized

accounting monitors for easy Period-Closing & auditing

Configure the Payment and Receipt process as per business

requirements through Fusion Payables and Receivables

Implement Approval hierarchy for Various Documents as per

client requirement.

Develop integrated reports for each Business roles. Reporting

enhanced the visibility and performance of business processes.

Configure acquisitions , transfers and Retirements of Fixed

Assets as per client requirement with the help of Fusion Fixed

Assets and its excel integration.

Automate Bank Reconciliation Process through Fusion Cash

Management

Business

Adopting the Best Financials Business practices.

Easier to train and make end user adopt to the Fusion application

environment.

Role Based Access Control security to manage the user privileges

Highly enhanced graphical UI for Financials modules.

Manager based dashboards to drive productivity and consistency

while managing and getting deeper insight into the financials processes.

Business

Consolidated real time financials reporting along with Business

Intelligence dashboards and analytics

Best practices Financials Flow in order to complete the full financials

cycle

Flexible Approval configuration as per client requirements.

Ability to provide better report documents to print out Financials

documents.

Critical Success Factors

Complete and Integrated Financials system with Best in class processes with world class technology

Reduced the business cost and increase the productivity.

Role based User Access, having Security to have Consolidated Data Access or specific Operation Access.

Real Time Business intelligence reporting with dashboards, analytics and fixed format reports to supports analysis and decisions making.

Milestones

First Fusion Financials implementation in Qatar

First Fusion Financials implementation in Middle East which covers complete Fusion Suite.

One of the first few implementations of Fusion Suite

Questions?