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VisEra Technologies Uses Oracle EBS to Shortens Account Closing Time, Reduces Accounting Staff Headcount by 50%

“The Oracle ERP system has shortened account closing time and eased the workload on staff. Even though our responsibilities have increased, we can complete our work with three, instead of six, accounting team members.” ~ J.S. Wang, Vice President, VisEra Technologies

Founded in 2003, VisEra Technologies manufactures optical sensors, including the fabrication, packaging, and testing of color filter coatings. In the past few years, the company has introduced foundry services, including wafer-level optics and high powered LED packaging.

Challenges

Support the launch of a new foundry service, which required changes to be made to manufacturing processes
Ensure staff are aware of the cost of each component used to manufacture the company’s products, as any increase will impact the sales price and potentially lower profitability
Cut account closing time and ease the workload on staff
Gain the ability to check supply chain information at any time, from raw materials to production schedules

Solution

Engaged Oracle Certified Advantage Partner AdvancedTEK International to implement an enterprise resource planning system based on Oracle E-Business Suite and integrate it with a manufacturing execution system
Enhanced management and supported the launch of the foundry service by reengineering business processes, facilitating data gathering to meet internal audit requirements, and delivering up-to-date information for decision making
Improved accounting accuracy by eliminating manual operations
Enabled month-end account settlement to be completed by the first day of the following month and avoided the need for accountants to work overnight to reconcile accounts
Reduced accounting staff headcount from six to three
Kept inventory costs under control by giving staff insight into raw material prices
Provided online access to supply chain data, improving managers’ ability to monitor the status of orders and ensure customers receive their products on time

Company Name	VisEra Technologies Co., Ltd
Headquarter	Hsinchu City, Taiwan
URL	www.viseratech.com
Industry:	Industrial Manufacturing
Annual Revenue:	US$62 million (NT 2 billion)
Employees:	800
Products:	Oracle Financials Oracle Order Management Oracle Purchasing Oracle Inventory Management Oracle Manufacturing
Service Provider:	AdvancedTEK International Corp. www.advtekgroup.com