Karachi, June 11, 2013 (PPI-OT): With an ideology of continuous self-improvement and as part of its ongoing efforts to streamline its operational efficiency, Pakistan State Oil (PSO), the nation’s leading public sector company has successfully upgraded its internal SAP system to the latest ECC 6.0 version.
The upgrading process involved seamless integration of 12 SAP modules, a database of over 1500 GB of data and the profiles and access protocols of over 500 SAP users. The entire system enhancement process was carried out jointly by the PSO-Information Communication and Technology (ICT) and Finance Departments in a period of just 5 days with minimum disruption in the Company’s business operations.
This revamp will allow PSO to provide business support at par with international standards to its employees and business partners. This initiative has been undertaken by the management keeping in view the role such system improvements play as success factors for the organization’s development.
With this technical upgrade, new horizons in business innovation, cost reduction and functional capacity improvements have opened up at PSO. Furthermore, the Company can now fully utilize the functional improvements provided in ECC 6.0 like enhanced reporting through New General Ledger features; enhanced management of Internal Controls for Corporate Governance; improvements to credit management and introduction of Treasury Risk Management techniques. Leading from the front, PSO is committed to do what it takes to provide for the fuel needs of the country in a timely and responsible manner.
For more information, contact:
DGM – Public Relations
Pakistan State Oil (PSO)
PSO House, Khayaban-e-Iqbal, Clifton,
Karachi 75600, Pakistan
UAN: 111 111 PSO (776) Ext: 230