Oracle Corporation: Oracle Expands Its Channel Revenue Management Suite With Oracle(R) Price Protection

Aimed at distributors, Oracle today announced the availability of Oracle® Price Protection, a new application that automates the price protection transactional processes and streamlines overall pricing, promotions and product discount management.
A Fortune 500 global electronics distribution company in the high-tech industry is currently implementing the Oracle and Infosys solution to manage supplier agreements, re-value inventory, revise business documents, and process claims with its trading partners.
Developed together with Infosys Technologies Ltd., Oracle Price Protection automatically updates, aggregates and provides quick access to a distributor's purchasing, inventory, costing and financial information; enabling distributors to reduce errors during claims execution, speed settlements, and mitigate future discrepancies.
Designed to work out-of-the-box with the [ Oracle E-Business Suite Release 12.1 ], Oracle Price Protection leverages the power of [ Oracle Fusion Middleware ], enabling easy integration with existing ERP systems and requiring minimal IT resources for rapid deployments and providing value through low cost of ownership.
Streamlines execution processes to help increase value derived from faster and more efficient price protection claims, Oracle Price Protection supports:

Claims submitted and settled for covered product inventory both on-hand and delivered to customers.
Open purchase orders that are adjusted with the latest inbound price list updates.
Rapid notification to pricing team members needing to publish updates to outbound/channel price lists.
Costing and financial system updates that reflect price cost changes in real-time.

Infosys is a Certified Advantage Partner in the Oracle PartnerNetwork.

Supporting Quotes

"Oracle Price Protection is the latest industry solution developed by Infosys in a first-of-its-kind development initiative with Oracle to help simplify and automate the high-technology distribution business," said Ravi Kumar, vice president and global head of Oracle Practice, Infosys Technologies Ltd. "Teaming with Oracle on this solution allows us to extend additional price protection benefits to businesses and take the complexity out of the application integration processes."
"In today's dynamic marketplace, price changes are frequent, causing complex issues for distributors. Fluctuating prices result in highly manual processes and are prone to error," said Cliff Godwin, senior vice president, application development, Oracle. "We've designed Oracle Price Protection to integrate into existing application infrastructures and automate these processes to help ensure financial accuracy, preserve cash flow and improve margins for distributors."
Godwin added, "Infosys's deep industry experience, client knowledge, product development expertise and our shared track-record of customer service were key to developing the application on-time and on-budget and, more importantly, in deploying the solution with the client's team."

General Availability

Oracle Price Protection 12.1 is available from Oracle as part of the Oracle Channel Revenue Management suite.

Supporting Resources

Oracle Innovation Showcase

For more than 32 years, Oracle has been a technology innovator, transforming the way business is conducted. To learn about Oracle's latest technologies, visit the [ Innovation Showcase ] during the 100 days before Oracle OpenWorld. See [ www.oracle.com/innovation ] for more information.

About Oracle

Oracle (NASDAQ: [ ORCL ]) is the world's largest business software company. For more information about Oracle, please visit our Web site at [ http://www.oracle.com ].

About Infosys Technologies Ltd.

Infosys (NASDAQ: [ INFY ]) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 104,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit [ www.infosys.com ].

Infosys Technologies Ltd. - Safe Harbor

Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at [ www.sec.gov ] including our Annual Report on Form 20-F for the year ended March 31, 2009 and other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake and disclaim any obligation to update them.

Trademark

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Oracle Corporation: Oracle Expands Its Channel Revenue Management Suite With Oracle(R) Price Protection