>From InformationWeek:
** Oracle Hooks NATO On 11i
The North Atlantic Treaty Organization has begun implementing
Oracle's 11i E-business software in its 19 regional headquarters.
NATO program director David Oakley says NATO's new Automated
Financial System will incorporate Oracle's enterprise resource
planning and E-business software to manage a range of operations,
including budgeting, travel, treasury, disbursement, procurement,
and supply functions. NATO also will use Oracle's
business-analysis and reporting tools.
Oracle will provide training for an estimated 700 NATO personnel.
Oakley says NATO's initiative is designed to let the organization
adopt international public-sector accounting standards and have
access to more meaningful and timely information about its own
operations.
The new system is expected to reduce the number of paper
documents that must be handled by NATO personnel, such as
requisitions and travel requests, and let the alliance use
financial forecasting tools that Oakley says will help it use
funds more efficiently. The value of the deal, and its deployment
schedule, weren't released. - Steve Konicki
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