Oracle Corp and Siemens AG have won a contract to supply the first-ever NATO-wide financial system using Oracle Financials. The NATO Consultation, Command and Control Agency – responsible for running the procurement for the NATO Military Budget Committee – has signed up Oracle as prime contractor for the budget and financial system, which will use only a standard web browser on client systems. In cooperation with Siemens Business Services GmbH, Oracle will implement the system in 20 sites over 10 countries, for use by several hundred users across NATO. It will mark the first time NATO has been able to manage its finances across the full organization using a common integrated system. NATO claims the system will strengthen financial support to NATO Military headquarters and help reduce administrative costs. It’s part of an overall effort by NATO to improve its overall information system support. Oracle claimed the deal was one of the largest European contracts for Oracle Financials, and was coordinated by Oracle Belgium.
Content from our partners
