Worldlink

Prudence Customer
WorldLink Communication Pvt. Ltd
HQ
Jawalakhel, Lalitpur, Kathmandu,
Nepal

Website
https://www.worldlink.com.np/
Key Facts
~2,50,000 +Customers
5000 + Corporate Account
2800 +Workforce
63 Dist Coverage

Industry
Telecom Sector

Solution

  • Oracle Financials
  • Oracle Procurement
  • Oracle Inventory
  • Planning and Budgeting Cloud
  • Financial Accounting Hub Cloud
  • Oracle Talent Acquisition Cloud

About Oracle:

Oracle is world leading software and
database company into Banking,
Telecom & Projects industry. Oracle
database is known for processing high
transactions and is known for its
stability.

About Prudence Technology:

Prudence Technology is a premium consulting firm and is Gold Partner of Oracle and Microsoft Solutions that cut across different industries through a consultative approach.



Keywords:

Oracle EBS, Enterprise Business Suite, Project Account,35AC, 80G, FCRA, Subledger Accounting, Inventory Software, Grant Management, Donation, performance management, talent acquisition, planning & budgeting, Development Sector, NGO, Project Industry, Project Profitability, FCRA, Donor, Single Donor, Multiple Donor, Book Keeping Reporting, Grant Management, Compliance, Project Accounting, Consolidation, Reconciliation, Project Grant, Sun Grants, Project Task, Performance Management, Talent Acquisition, Project Expense, Planning & Budgets, Fund Utilization, SAP, .Net, SharePoint, IoT, AI, ML

WORLDLINK IMPROVED REVENUE, ASSET, RESOURCE KEEPING CUSTOMER BASEENTACT USING ORACLE EBS


About WorldLink:

WorldLink is an Internet service provider in Nepal. It is the largest Internet and Network. Service Provider in Nepal providing high speed FTTx, IPTV and Fixed Wireless Broadband Service.

Why They Choose Oracle EBS: Globalization has also effected Nepal and internet has its own important role. Growing challenges like huge data, lack of standardization, statutory obligation and complex accounting was only possible with tested solution. Also organization needed to streamline recruitment and on-boarding process in order to source right talent.Hence WorldLink decided to deploy Oracle Solution.



Reason for selecting Oracle EBS were:

  • Inventory Tracking and Management with real Time Inventory costing
  • Budgetary Control
  • Integration with POS system
  • Management of Huge Customer Base and Billing
  • Financial Reporting on Cloud
  • Talent Acquisition

Key Business Challenges:

  • Nepalese Calendar
  • Cash Basis of Accounting for Receivables but Accrual basis of Accounting for Expenses
  • Budgetary Control
  • LOB, POP Wise cost tracking
  • Location and Customer Wise Asset Tracking
  • Depreciation Calculation as per Nepal Act
  • Import Purchase Cost
  • Real time Integration with POS system
  • Nepal Taxation ex: Income, TDS at Group Level, Location based etc
  • Deferred Revenue Recognition&Managing Foreign Remittances
  • Multi-level Approval Hierarchy
  • LC and TT Tracking for Imports
  • Periodic Statutory Reports with Date Specific Compliances

Key Business Advantages:

  • Flexible to configure Nepalese Calendar& Nepal Taxation
  • Application Supports Cash and Accrual basis of Accounting
  • Application Supports Account based budgetary control.
  • Asset Tracking Feasible
  • Flexible to configure different Asset books and different Depreciation Methods
  • Cost can be loaded on Inventory
  • Application Supports 3rd Party Integration
  • Configuration Taxation Module
  • Application Supports LC and TT Tracking of Expenses
  • Statutory Requirement Complaint
Incorporated in 2010 in New Delhi, Prudence Technology is now having a global footprint in USA, EMEA & APAC works on the philosophy of “CAS (Customer Acquisition & Satisfaction)”. Prudence helps organizations to choose and implement business solutions like ERP, Business Intelligence, CRM, and Human Capital Management on cloud or on premise.

For more information, please write to us at marketing@prudencesoftech.com

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