Beijing MTR enhances budget control, streamlines accounting process

The Beijing MTR Corporation was created to build and operate the 29-kilometer Beijing Metro Line 4, linking the city's south and north. The scale of the project and number of parties involved required Beijing MTR to maintain tight control over costs. The organization wanted to automate accounting, budgeting, asset management, and data collecting processes to maximize efficiency and create clear audit trails. This case study looks at the challenges and process Beijing MTR took in selecting the Oracle enterprise management system.

In September 2007, Beijing MTR went live on an integrated financial management platform based on Oracle Financials modules. The solution enabled the organization to streamline workflows, improve budget control, speed financial reporting, and enhance asset management. The accuracy and currency of data also supports informed decision-making and reduces risk.

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