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Sygnus Consulting helps Maple Peru to implement Oracle e-Business Suite


Company The Maple Gas Corporation del Peru
Web http://www.maplecos.com
Industry Energy
Employees 350
Revenue $63 million (2003)
Installed Products General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Fixed Assets, Purchasing, and Inventory

Source: Oracle.com (spanish version)

The Maple Gas Corporation is a Dallas-based company established in 1986 to invest in oil & gas related entities and assets.

In 1992, Maple began to develop Oil & Gas related projects on an international basis as well as to incorporate the development of electric power projects into its overall business strategy. In Peru, Maple focused in the Aguaytia Gas and Power Project, and two oil fields.

In 1994, Maple signed contracts with Perupetro, the government entity in charge of negotiating and administering hydrocarbon concession agreements. These contracts allowed Maple to develop Block 31C (Aguaytia), Blocks 31B and 31D (Maquia and Agua Caliente), and later on, Blocks 31E, 31F and 31G. In addition, Maple assumed the operation of a refinery in the jungle of Peru.

In 1993, Maple began the development of the Aguaytia Gas and Power project, a $286 million project co-developed with five strategic partners which included the development and commercialization of the first Peruvian gas field. In addition, the project included the construction and operation of 300km pipelines, a 160MW thermoelectric plant, and a 400km electric transmission line.

Currently, Maple continues developing other energy projects around the world, including more projects in Peru and Latin America.

Selecting the ERP
Before starting with the Oracle Project, Maple performed a thorough evaluation of ERP vendors. The selected software was Oracle E-Business Suite, which is based on the Internet Computing architecture. In addition, Oracle’s Business Intelligence allows Maple to transform data into meaningful and useful information that can be used to make timely and right decisions at any level of the company.

The implementation of Oracle e-Business Suite began on August 2003 and the first modules were live on January 2004.

Why Oracle?
Raymond J. Cochard, VP Finance and Administration, says "Oracle is an open world-class solution, with a high inter-relation between its modules which allows us to obtain process efficiencies, and a high quality product.” Mr. Cochard adds, “we took advantage of Oracle’s Internet capabilities to communicate with all our operating units at the different Peruvian’s regions, and, at the same time, with our headquarters in Dallas, and, in the future, with the remaining Maple companies."

Why Sygnus?
"Maple selected Sygnus Consulting because Sygnus specializes in implementing ERP’s, such as Oracle Financials. Another factor was the experience developing Oracle products for energy companies like Occidental Perú Inc, Pluspetrol Perú Corporation, Occidental International Exploration & Production (USA), and Repsol -YPF Perú. In addition, Sygnus provides Oracle services to Occidental Ecuador and Occidental Qatar (Middle East). Before Maple, Sygnus Consulting implemented Oracle Financials at Almacenes Tia (Ecuador), Financiera CMR and Saga Fallabella Peru."

Results
"The project helped us to review and improve accounting and administrative processes in order to follow best-practices. Oracle e-business Suite was implemented in several companies and this allow us to consolidate all the information," says Ivan García. "We expect to implement Oracle at other companies and countries in the future."

Future Plans
"We are the first Peruvian company that implemented Oracle e-Business Suite 11i and Oracle 9i Database. In the future, we hope to finish the migration to 11.5.8", adds García.

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