Marseille, 13013,
France
Synapsys
Synapsys, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Synapsys 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.
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
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DFCC Bank Sri Lanka | Banking and Financial Services | 1500 | $250M | Sri Lanka | Oracle | Oracle E-Business Suite | ERP Financial | 2015 |
In 2015, DFCC Bank Sri Lanka implemented Oracle E-Business Suite as its core ERP Financial platform, with Synapsys engaged as the systems integrator during the multi-year delivery period. The implementation centered on Oracle E-Business Suite Financials as the primary application for corporate accounting and financial management within the bank's finance organization.
The deployment covered standard financial modules consistent with ERP Financial implementations, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets and Cash Management, configured to support bank accounting flows and period close automation. Oracle E-Business Suite Financials was configured to enforce chart of accounts structures, automated journal processing and financial control workflows aligned to DFCC Bank Sri Lanka reporting requirements.
Project governance was led jointly by DFCC Group IT and Synapsys consultants, with implementation ownership focused on finance and treasury functions and group reporting processes. Integrations and operational handoffs were coordinated with internal banking systems through typical financial interfaces and batch reconciliation routines, while configuration and testing cycles were organized to align finance process owners and control owners.
Rollout followed a phased finance function approach to standardize accounting operations and centralize financial controls, with Synapsys providing Oracle E-Business Suite technical and functional advisory during the program. The engagement emphasized configuration governance, finance process redesign for automated close and retained the Oracle E-Business Suite application as the bank's ERP Financial backbone.
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