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Oracle Customer Snapshot

Icontec Unifies Information to Facilitate Real-Time

Financial Results
Icontec, Instituto Colombiano de Normas Técnicas y
Certificación, was founded 44 years ago in Colombia with the
Icontec, Instituto Colombiano de objective of establishing technical rules for the production
Normas Técnicas y Certificación
Bogotá, Colombia sector. The institute has five regional offices in Colombia and
www.icontec.org.co five international offices (Ecuador, Chile, Guatemala, Peru
and El Salvador), besides having several commercial
Industry:
representations in other countries. Icontec operates as a non-
Professional Services
profit entity and is the only Colombian organization with
Annual Revenue: governmental recognition for establishing technical rules. The
US$16 million organization offers certification, education and normalization
services to the general public, businesses and the Colombian
Employees: government.
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Challenges
Oracle Products &
Unify internal business processes in order to reduce time
Services:
consuming and inefficient manual processes
JD Edwards EnterpriseOne
Consolidate critical financial information to facilitate analysis
Financial Management
Accounts Payable
by the board of directors and the shareholders’ assembly
General Ledger Keep clients and suppliers informed with current and timely
Oracle Supply Chain Planning information
Oracle Inventory Optimization Accelerate administrative processes for purchases, payments,
and invoicing
Oracle Partner:

Solution

Amazing Global Technologies, Ltd. Consolidated internal business processes with Oracle’s JD
www.amazingglobal.com Edwards EnterpriseOne applications and the help of Amazing
Global Technologies, Ltd.
Facilitated exact and real-time financial results with Oracle’s
“With Oracle’s JD Edwards’ JD Edwards EnterpriseOne Financial Management
solutions, we have organized Reduced supplier payment times by 70% with Oracle’s JD
our internal processes, allowing Edwards EnterpriseOne Accounts Payable
for a continuous flow of Unified financial information between the five regional offices
information that we leverage for
in the country with Oracle’s JD Edwards EnterpriseOne
on-time financial results.” – José
Ricardo Tobo, Administrative and
General Ledger
Financial Director, Icontec, Eliminated manual and time consuming business processes,
Instituto Colombiano de Normas reducing 90% of paperwork and data loss
Técnicas y Certificación Minimized errors and imprecise financial information in
accounts receivable

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