Affin Bank aspires to be Malaysia's leading financial institution, excelling in innovation, technology, and unparalleled customer service while creating value for shareholders, customers, and employees. In the pursuit of streamlining operations, the bank faced several challenges that hindered efficiency and transparency:
To address these issues effectively, Affin Bank worked with Deloitte to implement Oracle Fusion Cloud implementation.
Within seven months post-implementation, Affin eliminated manual processes and embraced continuous innovation to improve speed and accuracy in reporting, align financial and operational planning, and gain insights to drive better decisions, without disrupting any of their source systems.
In these seven months, Affin Finance processed 30,000 POs, reduced invoice processing time by 50% and significantly reduced effort. Overall, this project created significant impact, as listed below:
Learn more about Deloitte Southeast Asia's Oracle practice here.