Colombo, 200,
Sri Lanka
Lanka Sathosa Technographics
Lanka Sathosa Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Lanka Sathosa and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 4500 Lanka Sathosa employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Lanka Sathosa has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Lanka Sathosa is running and its propensity to invest more and deepen its relationship with Oracle or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Lanka Sathosa revenues, which have grown to $500.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Lanka Sathosa intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Lanka Sathosa Tech Stack and Enterprise Applications
Lanka Sathosa ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle E-Business Suite | ERP Financial | ERP | n/a | 2017 | 2017 |
In 2017, Lanka Sathosa implemented Oracle E-Business Suite as their ERP Financial platform. The organization executed an end-to-end solution design and implementation project focused on Oracle E-Business Suite R12 Accounts Receivable and Cash Management, with core delivery activity conducted from February 2018 to April 2018.
The implementation concentrated on the Accounts Receivable and Cash Management modules, covering receivable ledger configuration, invoice processing and settlement rules, receipt application and collections workflows, bank account and cash positioning setup, and automated bank reconciliation templates. Functional configuration addressed subledger accounting, AR aging and reporting structures, payment batch processing, and cash application automation consistent with Oracle E-Business Suite R12 capabilities.
Operational scope encompassed corporate finance and treasury functions across Lanka Sathosa operations in Sri Lanka, centralizing receivables accounting and bank statement processing to improve transaction control and accounting consistency. The deployment unified transaction processing for store collections and centralized cash management functions, aligning operational handoffs between retail finance teams and treasury.
Governance activities included process standardization, chart of accounts alignment to E-Business Suite configurations, configuration control and staged testing cycles, followed by cutover and operational handover during the February to April 2018 implementation window. The program concluded with documentation and finance team enablement to support run operations on Oracle E-Business Suite.
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IT Decision Makers and Key Stakeholders at Lanka Sathosa
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| Deputy General Manager Information Technology | Manager | IT | ||||
| Chief Executive Officer | CXO | Finance | ||||
| Head of Finance Branch | Director | Finance |
Apps Being Evaluated by Lanka Sathosa Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||