Oracle to Deliver Business Process Integration for Retailers Seeking Improved Financial...

Oracle to Deliver Business Process Integration for Retailers Seeking Improved
Financial Control of the Merchandising Lifecycle
Oracle Retail Merchandising Integration Pack for PeopleSoft Enterprise
Financials to Leverage Oracle's Application Integration Architecture

NEW YORK, Jan. 12 /PRNewswire-FirstCall/ -- NRF 98th ANNUAL CONVENTION &
EXPO --
News Facts
* As part of its ongoing commitment to deliver value to leading retail
businesses and help offer them competitive advantage, Oracle plans to deliver
end-to-end business process integration for customers using the Oracle(R)
Retail Merchandising Suite and Oracle's PeopleSoft Enterprise Financial
applications.
* The Oracle Retail Merchandising Integration Pack for PeopleSoft
Enterprise Financials is intended to help retailers more effectively address
key financial operation control processes for merchandising execution.
* The integration pack is expected to deliver significant value to
retailers by providing them with enhanced inventory valuation, more timely
revenue recognition and streamlined merchandising procure to pay.
* The Oracle Retail Merchandising Integration Pack for PeopleSoft
Enterprise Financials is being built on Oracle's Application Integration
Architecture (AIA), a pre-built, open and complete architecture for
orchestrating agile, user-centric business processes across enterprise
applications.
* By integrating the Oracle Retail Merchandising applications with
PeopleSoft Enterprise Financials, Oracle expects to help retailers more
effectively address critical visibility challenges facing merchandising and
accounting managers today. This includes achieving synchronization among
various operating groups, knowing when financial postings occur and ensuring
that supplier payments take place.
* The integration pack is also expected to help address retailers'
challenges around maintaining and extending integration environments between
applications, often due to costly point-to-point integrations or the custom
mapping of data attributes.
Supporting Quotes
* "The Oracle Retail Merchandising Integration Pack for PeopleSoft
Enterprise Financials will offer our retail customers and partners new
opportunities to maximize the value of their Oracle investments," said Duncan
Angove, General Manager and Senior Vice President, Oracle Retail. "The
solution is designed to reduce complexity, making it easier for retailers to
take advantage of opportunities for short-term value creation within their
businesses while also helping to provide long-term competitive advantage."
* "The latest innovations provided through Oracle Application Integration
Architecture enable retail companies, and the industry, to take major steps
forward for ultimate configurability and choice," said Oracle Vice President
of Application Development and Product Strategy for AIA Jose Lazares. "By
offering a complete integration solution for orchestrating agile, user-centric
business processes across enterprise applications, Oracle provides retail
companies with an effective way to gain business and IT efficiencies, while
increasing their competitive edge."

Supporting Resources
* Oracle in Retail (http://www.oracle.com/industries/retail/index.html)
* Oracle Retail Merchandising Suite
(http://www.oracle.com/applications/retail/mom/index.html)
* Oracle's PeopleSoft Enterprise Financial Applications
(http://tinyurl.com/466vdl)
* Oracle Application Integration Architecture
(http://tinyurl.com/5hhwqv)
* Oracle Continues to Deliver End-to-End Business Process Integration on
Oracle Application Integration Architecture
(http://www.oracle.com/us/corporate/press/017478_EN?rssid=rss_ocom_pr)

About Oracle Retail
Oracle is the number one provider of innovative and comprehensive industry
software solutions for retailers -- enabling organizations to serve their
customers better by applying insight into daily business decisions for more
profitable results. With software that provides supply chain, operations,
merchandising, store systems, optimization as well as enterprise applications
and infrastructure software, Oracle partners with the world's leading retail
companies, including 20 of the 20 top retailers worldwide, to transform the
economics of their businesses.
About Oracle
Oracle (Nasdaq: ORCL) is the world's largest enterprise software company.
For more information about Oracle, please visit our Web site at
http://www.oracle.com.
Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its
affiliates. Other names may be trademarks of their respective owners.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO)
SOURCE Oracle

Kevin Ruane, +1-650-506-6610, kevin.ruane@oracle.com, or Susie Penner,
+1-650-506-1973, susanne.penner@oracle.com, both of Oracle