|Page (1) of 1 - 10/31/11||email article||print page|
Oracle and Enterprise Technologies Support Molina Healthcare's Operational Growth(October 31, 2011)
REDWOOD SHORES, CA -- (Marketwire) -- 10/31/11 -- Oracle (NASDAQ: ORCL) -- With the installation of Oracle's JD Edwards EnterpriseOne, Oracle's Primavera P6 Enterprise Project Portfolio Management (EPPM) and Oracle Business Intelligence Applications, Molina Healthcare, Inc. is now able to consolidate financial and operational data to support current and future business needs. The new system was implemented with the assistance of Enterprise Technologies, a systems integrator and Gold level member of Oracle PartnerNetwork (OPN), to replace the manual, legacy system as Molina expanded its claims processing operations.
In seven months, Enterprise Technologies implemented Oracle's JD Edwards EnterpriseOne Financials Management, Non-Stock Procurement, Human Resources, Payroll, Oracle Business Intelligence and Primavera P6 EPPM. EPPM has helped enable Molina to plan and manage the effort of over 1,200 individuals located from Maine to Louisiana, New Jersey to California, and places in between. Primavera P6 Analytics is already helping analyze, raise questions and provide answers based on resource allocation and actual effort on over 40 projects.
"With Oracle's JD Edwards EnterpriseOne and Oracle Business Intelligence, Molina has reduced the time and effort needed to conduct their monthly close and report on this financial data by 20 percent," said Mario Alvarado, CEO, Enterprise Technologies. "With this additional functionality, Molina has also greatly improved visibility into its complex claims processing projects, allowing it to manage projects more efficiently."
Oracle Financial Analytics integrates directly with the Financial Management module of Oracle's JD Edwards EnterpriseOne via a pre-built adapter. This integration enables customers to improve decision-making and financial performance with complete and timely information on their department's receivables, payables, expenses, and revenue contributions. By moving from time-intensive reporting processes to Oracle Financial Analytics, the company has reduced the number of monthly financial reports from over 300 down to less than 20 drillable reports.
"The installation of Oracle's JD Edwards EnterpriseOne and Oracle Business Intelligence Applications has reduced the time necessary to conduct our monthly close process by 20 percent," said Joseph White, chief accounting officer for Molina Healthcare. "Not only has it made the company more effective, Oracle's applications have reduced the time I personally spend on our monthly close by nearly 16 hours -- that's time I can now spend with my family."
About Enterprise Technologies
Enterprise Technologies, a Gold level member of Oracle PartnerNetwork (OPN), provides implementation consulting and training for Oracle's JD Edwards EnterpriseOne, Oracle's JD Edwards World, Oracle's Primavera and Oracle Business Intelligence products with clients in a broad range of industries including Healthcare, Fresh Foods, Automotive, Governments, Retail Distribution and Manufacturing. Enterprise Technologies' expertise lies in its ability to quickly and efficiently extract the needs of their clients, apply knowledge of industry best practices, to educate their clients and lead them to their goals. For more information about Enterprise Technologies, please visit our Web site at www.jdesolutions.com.
About Molina Healthcare
Molina Healthcare, Inc. (NYSE: MOH) provides quality and cost-effective Medicaid-related solutions to meet the health care needs of low-income families and individuals and to assist state agencies in their administration of the Medicaid program. Our licensed health plans in California, Florida, Michigan, Missouri, New Mexico, Ohio, Texas, Utah, Washington and Wisconsin currently serve approximately 1.7 million members, and our subsidiary, Molina Medicaid Solutions, provides business processing and information technology administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, and drug rebate administration services in Florida. More information about Molina Healthcare is available at www.molinahealthcare.com.
About the Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit http://www.oracle.com.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.
Copyright @ Marketwire
Related Keywords: customer, customers, business benefits, partners, Oracle, snapshot, video, roi, press release, Manufacturing, Applications, Distribution, Manufacturing/Production, Human Resources, Manufacturing, Health Care, Internet, Business Issues, Hardware, Administration, Internet Server Applications, Traffic Analysis/Reporting, IT Management, Management, Human Resources, Finance/Accounting, CEO/CFO, Human Resources, Finance/Accounting, Marketwire, Inc., , IT (Information Technology), Financial, Gold, Internet Technology, Medical, Computer Science, Business, mexico, Family, Other,