Wednesday 3 June 2020

Eltizam implements SAP's enterprise resource planning system

DUBAI, April 9, 2020

Eltizam Asset Management Group, a leading physical asset management companies in the UAE, has announced the implementation of the intelligent enterprise resource planning (ERP) system SAP S/4HANA for transforming and streamlining the company’s core back-end operations such as finance, human resources, and procurement to keep up with the changing digital economy. 
As part of its $5 million technology investment programme, the next-generation ERP equips Eltizam with enhanced process automation, increased mobile capability, productivity and flexibility, and real-time analysis of business data at lower cost of ownership. 
Through the implementation of the solution, Eltizam will be able to benefit from the platform’s ability to seamlessly enable operations and facilitate business growth by providing real-time analytics of large volumes of data, using built-in HANA Analytics, said a statement from Eltizam. 
In addition, it prepares companies for future development and integration with the Internet of Things (IoT), block-chain, artificial intelligence (AI), and machine learning (ML), it stated. 
The ERP software package SAP S/4HANA covers all Eltizam’s core back-end operations, such as order-to-cash, procure-to-pay, plan-to-product, and request-to-service and other core capabilities, it added.
CEO Chris Roberts said: "Eltizam remains keen to drive digital transformation across various operational areas of the organization to enhance efficiency. Adoption of technological advancements have become so important, both for individuals and corporations, in order to fully benefit from the advantages of digitization."
Eltizam is one of the first companies in region to implement next-gen ERP SAP S/4HANA for higher productivity and better process efficiency.
"Eltizam remains committed to staying ahead of the curve by investing in, and adopting the latest industry technologies to work better, faster and ensure customer satisfaction. Furthermore, technology is one of the six important pillars of our company’s culture, which we call Get Wonky," stated Roberts.
"We look forward to reaping the benefits of SAP S/4HANA platform - from sales transactions to complex analytical applications - which is also set to significantly increase our productivity and enhance the services that are being offered to our clients,," he added.
Tamouh Integrated Business Services (TIBS), a subsidiary of the Eltizam Group, which operates across the UAE and Mena region, has implemented the solution across the group of companies.
"In this era of digital transformation, large organisations build their operations around ERP systems. S/4HANA has the ability to transform end-to-end operations for clients-serving businesses, by enabling the intelligent digital ERP solution," stated Mansoor Khan, Group IT Director of TIBS.
"The solution will allow Eltizam to respond to new customer demands faster and develop a digital roadmap," noted Khan.
"TIBS provides clients with specialised business solutions focused on system automation and process efficiency, thereby enabling them to boost customer satisfaction and happiness," he added.-TradeArabia News Service


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