Apollo Health & Lifestyle Limited, a prominent retail healthcare company in India, has chosen Oracle Fusion Cloud Enterprise Resource Planning (ERP) to enhance its financial operations and boost productivity. By implementing Oracle Cloud ERP, Apollo Health & Lifestyle aims to streamline manual processes, foster continuous innovation, and enhance speed and accuracy in reporting. This move aligns with the company’s goal of improving financial and operational planning while gaining valuable insights to drive better decision-making.
Apollo Health & Lifestyle, a subsidiary of Apollo Hospitals Enterprise Limited (AHEL), operates various healthcare models under brands such as “Apollo Clinic,” “Apollo Sugar,” “Apollo Dental,” and others across India and the Middle East. The company faced challenges with dispersed finance and operations data across multiple on-premises applications, hindering real-time information access. To address these issues and improve automation, reporting, and insights, Apollo Health & Lifestyle opted for Oracle Cloud ERP.
Sriram Iyer, CEO of Apollo Health & Lifestyle Ltd, emphasized the importance of technological innovation in sustaining organizational growth. He highlighted the integration of Oracle Cloud ERP as a means to strengthen financial infrastructure, enhance agility, and drive sustainable growth in India’s dynamic healthcare landscape. Ashish Maheshwari, CFO of Apollo Health & Lifestyle Ltd, echoed these sentiments, emphasizing the platform’s ability to simplify finance processes, adapt to market dynamics, and enhance financial efficiency and agility.
Oracle Cloud ERP is expected to help Apollo Health & Lifestyle increase productivity, reduce costs, and improve controls. Additionally, Oracle Fusion Cloud Enterprise Performance Management (EPM) will enhance financial reporting accuracy and speed, reduce closing time, and enable better decision-making. Deepa Param Singhal, VP Cloud Applications at Oracle India, highlighted Oracle Cloud ERP’s role in supporting Apollo Health & Lifestyle’s growth agenda by automating finance functions and enhancing overall business efficiency.
The project was implemented by PwC, an Oracle PartnerNetwork (OPN) member, to meet the growing demand for efficient and scalable back-office operations in India’s healthcare delivery market. Hirak Kayal, Partner at PwC, emphasized the need for digitalized business processes to enhance productivity and meet evolving market demands.
Apollo Health & Lifestyle’s selection of Oracle Cloud ERP underscores the platform’s ability to optimize business operations, provide predictive insights, and facilitate collaboration. With its comprehensive suite of enterprise finance and operations capabilities, Oracle Cloud ERP empowers organizations to increase efficiency, embrace new business models, and respond effectively to market changes.