Indian Navy deploys SAP solutions

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Indian Navy deploys SAP solutions 
Demonstrating the unique value of its core financial systems, SAP has announced that the Indian Navy has adapted SAP Solutions to manage the navy-wide Financial Information System (FIS). The FIS supported by SAP ERP Central Component, SAP Force Deployment for Defence & Security package and SAP BusinessObjects Access Control application will provide across-board visibility and probity in the areas of budgeting, procurement, financial planning and accounting to the organization.
SAP FIS system will link four naval headquarters with material procurements, establishments for ships, naval stores and armament’s depots across different locations in the country. The project has enabled the Indian Navy with a comprehensive view into allocation and reallocation of funds, receipts and recoveries, expenditure and estimates that have to be processed and sent to and from the central database.
"SAP is pleased to be part of the Indian Navy's vision to be the technology enabled and networked force capable of safeguarding maritime interests of the country. The FIS system powered by SAP, provides the organization a unified central system to make decentralized decisions with clearly visible authority, responsibility and accountability," said Mathew Thomas, Vice-President - Strategic Industries, SAP India. 

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