A Bank will start operating, would like to implement ERP system and use it to conduct...

A Bank will start operating, would like to implement ERP system and use it to conduct it business. There are many ERP venders such as Oracle. Why it is recommended for the Banks.

Expert Solution

Enterprise resource planning system are important for commercial banks and Oracle which is provided by Infosys is always providing them with an additional advantage of customisation and having a cloud computation of their storage facility so it is providing them with a better management of their service and it is lag free so it is always preferred by the commercial banks to maintain their software over Oracle

Oracle is also cost-cutting software which is always trying to operate within the constraints of the organisation and provide the maximum of the benefit and it is also a highly secured and encrypted system which is maintained on the cloud.

Oracle is highly important for commercial banks because these are offering them with customer services and online verifications and these are also providing them with lag free operations so service maintenance are quite easy while operating through Oracle by Infosys and hence I will be advocating for the use of Oracle in the commercial banking space.

jeff jeffy answered 2 years ago

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