New Delhi, 110019,
India
Filix Consulting
Filix Consulting, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Filix Consulting collaboration with software players such as Oracle empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Filix Consulting | Oracle | Oracle Cloud ERP | ERP Financial | ERP Financial Management |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
|---|---|---|---|---|---|---|---|---|---|---|
|
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Care Health Insurance (formerly Religare Health Insurance Company Limited) | Insurance | 8500 | $330M | India | Oracle | Oracle Cloud ERP | ERP Financial | 2016 |
In 2016 Care Health Insurance, formerly Religare Health Insurance Company Limited, implemented Oracle Cloud ERP as an ERP Financial solution to modernize finance and supply chain processes across the organization. The deployment of Oracle Cloud ERP addressed finance and procurement use cases and centralized enterprise accounting to manage chart of accounts, branch accounting, and GST-related tax configuration for the insurer.
The implementation configured core financial modules including general ledger, chart of accounts, accounts payable and invoice payment workflows, and procurement and inventory modules such as Oracle Self-Service Procurement Cloud Service, Oracle Purchasing Cloud Service, and Oracle Inventory Management Cloud Service. Oracle Java Cloud Service was provisioned to support integration middleware and application hosting, and the project included pilot testing, user interface prototyping, and project documentation to align Oracle Cloud ERP configuration with health insurance finance operations.
Integrations were established to connect Oracle Cloud ERP to external systems, notably a host-to-host integration to the bank portal to streamline vendor payments and employee reimbursements, and functional integration between Oracle Inventory Management Cloud Service and Oracle Purchasing Cloud Service to monitor stock movement and support replenishment decisions. Operational coverage extended to 70 branches, with finance, procurement, and administration users enabled to access single reporting and drill down to live transactions across multiple dimensions.
Governance and process changes included implementing an online approval system driven by approver hierarchy and authoritative metrics, and empowering finance end users to drive implementation with limited IT dependency. Filix Consulting acted as the implementation partner, configuring GST legislation within Oracle ERP Cloud, delivering user training, and supporting the pilot and rollout activities.
Results reported by the customer include halving the time to complete bank reconciliation statements from four hours to two hours through Oracle Java Cloud Service enabled integration, reduced manual intervention for payment file uploads via host-to-host connectivity, a single reporting platform for drill down to transactions, strengthened control and visibility over inventory and payments, ensured GST compliance through configurable tax legislation in Oracle Cloud ERP, and automation of end-to-end financial processes that allowed finance staff to focus on analysis rather than manual data work.
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