Jabal Omar Development Company, KSA

About Jabal Omar Development Company

Jabal Omar Development Company is a leading real estate development firm in the Middle East and one of the largest companies listed on the Saudi stock market. Situated in a strategic location just steps from the Grand Mosque, it represents one of the most significant multi-use real estate projects. The finance and IT team in JODC supports over 11 international hotels, 45 towers, etc. across Saudi.

 About AAIS:

AAIS Global is one of the fastest-growing IT services, consulting companies in the Oracle space. We have 16+ years of excellence and have catered to 300+ Oracle projects and 175+ clients globally across various industries.

We have collaborated with Oracle for over a decade to provide the most reliable and proficient digitized enterprise solutions for most of the industry verticals. Oracle Cloud Applications (SaaS & IaaS) is the epicenter of our expertise. Apart from this, we do awesome things in automation, analytics & integrations. AAIS Global is a one-stop shop for all your enterprise digital needs.    

Why Oracle Cloud & AAIS Global

JODC wanted a single system to manage all their leasing and rental property data. The initial goal was just to streamline the leasing process but later on the team realized that they needed to introduce some enhancements. This level of transformation required cloud- based ERP platform so Oracle Fusion was recommended. Other ERP systems were compared for this purpose. However, Oracle Enterprise contracts were used for this purpose. The key areas for value addition were:

1. Migration from SAP to Oracle: JODC was using SAP on-premise ERP but as their business was expanding and more properties were added they needed Oracle to manage them.
2. Property leasing: JODC handles multiple properties and it was challenging for them to manage the rental and leasing part of all of them. AAIS mapped their requirement in the ‘standard module’ of ‘Oracle service contracts’ to manage all these Lease and rental contracts.
3. Complex subcontracting solution: JODC subcontracted almost 60% of its work and needed to track the entire work progress including financials (IPC), budget overruns, etc.
4. Module offering: AAIS offered Oracle Procurement, Project portfolio management, Financials, service contracts, and HCM.
5. Implementation: The preferred mode of implementation was Hybrid i.e., JODC onsite and AAIS Offshore office. The entire project had expert consultants deployed onsite & offshore. ‘Timeline for implementation was 12 weeks’.
6. Complexity: Since JODC is engaged with multiple suppliers they had complex scenarios like supplier statements in the system for external and internal suppliers

The key reasons to choose Oracle Cloud as the main enterprise application are its cutting-edge technology, built-in best practices, easy integration for future needs, and flexibility and scalability.

AAIS Global was chosen for both implementation and as a long-term strategic partner due to our proven expertise, successful local client stories, and commitment to delivering projects on time. AAiS is integrating multiple projects.

Challenges:

• Maintaining lease and rental contracts of over 11 international hotels.
• Tracking of subcontracted work, budgets, interim payment certificates, etc.
• Supplier statement consolidation out of the system.
• Infrastructural maintenance of on-premise SAP ERP
• Limited disaster recovery options
• Limited control over the accessibility of the system

Here is the list of modules implemented:

• Oracle Fusion Enterprise Resource Planning- Financials (GL, AP, AR, FA, CM)
• Oracle Fusion Project portfolio management

• Project management
• Project contract billing
• Project financials

• Oracle Fusion Procurement
• Oracle Fusion HCM
• Oracle Fusion Supply chain management

• Service contracts

Our success in driving customer satisfaction for JODC is rooted in our proficient deployment of Oracle cloud solutions, by implementing Oracle Finance, projects, procurement, and HCM. We have revolutionized JODC’s operational landscape. The transition to Oracle cloud services was meticulously orchestrated, minimizing disruption and facilitating swift adoption by the JODC team. Through comprehensive integration strategies, we ensured that the implementation process was smooth and efficient, allowing JODC to seamlessly transition to the new systems.

Benefits: 

• Migration of SAP on premise ERP to Oracle Fusion improving business processes
• Standard Solution: Provided a standard solution to track leasing and rental contracts rather than custom development to address their complex business scenarios, improving their ROI and delivering a cost-effective outcome.
• Reduced Total Cost of Ownership with the use of Bot based (RPA) Tool for implementation
• Streamline the standard process & Eliminated the manual process