Oracle
3072 Case Studies
A Oracle Case Study
Tong Ren Tang International, a subsidiary of Beijing Tong Ren Tang Group and one of the largest producers of traditional Chinese medicine, sells over 1,700 products through two ecommerce sites to customers across Australia, New Zealand, Singapore, Ireland, Canada, the UK, the US and China, accepting multiple currencies. To support rapid cross‑border ecommerce growth it needed a flexible, cost‑effective, integrated financial management platform with multi‑currency and multi‑lingual capabilities plus stronger analytics so executives could quickly produce accurate reports and insights on performance.
TRT implemented Oracle Cloud Financials and Oracle Cloud ERP to standardize and automate finance processes across domestic and overseas branches, providing real‑time, multi‑currency financial data and multi‑dimensional reporting. The deployment sped up consolidated reporting, ensured compliance with Chinese, EU and US standards, improved inventory valuation and pricing agility to boost profitability, increased operational efficiency and agility, and reduced IT and training costs through a subscription model and Excel integration.
Edward Tian
President, Ecommerce