Written by : Jayati Dubey
May 2, 2024
The cloud-based ERP solution enhances accessibility across Apollo Health's ecosystem, ensuring streamlined operations and compliance.
Prominent player in the healthcare industry, Apollo Health & Lifestyle has adopted Oracle Fusion Cloud Enterprise Resource Planning (ERP) to streamline financial operations and drive productivity.
By integrating Oracle Fusion Cloud ERP, Apollo Health aims to eliminate manual processes and embrace continuous innovation in its financial operations.
This transformation will enable the company to enhance speed and accuracy in reporting, align financial and operational planning, and gain valuable insights for informed decision-making.
Sharing thoughts, Sriram Iyer, CEO, Apollo Health & Lifestyle, said, "We no longer rely on manual budgeting; instead, we have real-time access and control over our key business metrics. These critical aspects are managed on a day-to-day basis. With Oracle Fusion's advanced features, we can effectively track and manage our budgets."
Citing positive experiences with Oracle in the past, Iyer noted that Oracle Fusion emerged as a top choice for Apollo Health due to its advanced features and seamless integration capabilities.
The cloud-based ERP solution offers faster accessibility across multiple systems within Apollo Health's ecosystem, ensuring streamlined operations and compliance.
"Oracle Fusion's cloud-based ERP solution offers faster accessibility across multiple systems within our ecosystem. Its seamless integration capabilities were particularly valuable for us, as we operate various business units with distinct hospital and lab information systems (HIS and LIS). Additionally, we've established seamless connections with our vendors and banking partners," CEO Iyer added.
Apollo Health's migration from Oracle EBS to Fusion Cloud ERP was planned to ensure operational continuity and capitalize on the benefits of cloud technology.
The transition involved a critical evaluation of core business processes to align with optimal practices suggested by Fusion.
Deepa Param Singhal, VP, Applications, Oracle India, highlighted the collaborative effort between Apollo Health, PwC, and Oracle in orchestrating the migration.
She emphasized enhancing synergy with existing HIS systems and the seamless integration of data transfer, resulting in a streamlined cloud ecosystem conducive to upgrades and flexibility.
Although specific ROI figures are still being evaluated, Iyer shared the immediate benefits observed post-migration. Automation of data retrieval processes and insightful dashboards provided by Oracle Fusion have increased productivity, improved accuracy, and a more dynamic approach to operations.
Apollo Health seeks to leverage technology and innovation to enhance its services further.
In addition to Oracle Fusion Cloud ERP, the company is heavily investing in data analytics, AI, and automation to optimize diagnostic services, improve queue management, and deliver personalized marketing solutions.
Apollo Health offers an integrated healthcare model encompassing diagnostic centers, clinics, and hospitals.
The company operates a chain of standardized primary healthcare models, including multispecialty clinics, dental clinics, diagnostic centers, specialty formats catering to women and children, infertility treatment, minimally invasive surgeries, and dialysis centers.