OREANDA-NEWS. Fujitsu, a Platinum and Diamond level member of Oracle Partner Network (OPN), announced that Reading Borough Council is extending its existing relationship with the company in order to help it move to and manage Oracle ERP Cloud (Oracle Financials Cloud), across all of its financial management systems.

The deal will see Reading become one of the first organisations to adopt Oracle Financials Cloud in the UK, with a planned go-live in April 2014. The move highlights Reading's commitment to high level service provisioning for its citizens and moves it into the category of next generation councils running on open architecture.

The contract, which is worth JPN 1.35 million over the three year term, will see Fujitsu configure Oracle Financials Cloud for the Council, as well as provide a number of additional services, including BACs, cheque runs and service support. The move to Oracle Financials Cloud will provide Reading with savings and enable more effective devolved financial management.

Oracle Financials Cloud demonstrates a true shift in the market for Councils looking to realise the benefits of ERP in the cloud. The solution provides richer reporting to budget holders, whilst most importantly reducing their operating cost. It also offers users a more intuitive service that can enable new employees to navigate the system far quicker than previous versions.