KARACHI (PPI) - Century Paper and Board Mills Limited (Century Paper) has cut 11 days out of its monthly financial reporting time and now finishes the process three times faster with the Oracle E-Business Suite Release 12. Century Paper initiated the project in 2008 to replace a range of legacy accounting, purchasing, inventory and production systems that were unreliable and were slowing down decision-making across the organisation. "The Suite has streamlined Century's business processes," said Irfan Farooqui, Senior Manager, Supply Chain, Century Paper and Board Mills. "Senior management now have the right data to make better business decisions, which enables us to provide a better service to our customers, while protecting our cost controls." "Oracle has eliminated the repetition of data entry and has made our system faster and reliable", said Muhammad Ayaz Khurshid, Head of Information Technology, Century Paper & Board Mills Limited. "Faster reports generation is essential to our business success. With Oracle, we were able to cut our reporting time from 16 days to five days, and as we continue to streamline and stabilise the process we hope to bring down the reporting time to three days." "Oracle has equipped more than 1100 organisations across Pakistan with the right IT tools for decades, enabling them to further enhance their efficiencies and profitability," said Ahsen Javed, Managing Director, Oracle Pakistan and South Asia Growth Economies. "The benefit Century Paper is reaping from this implementation will help the organisation optimise and utilise their resource in an effective manner to gain competitive advantage".