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  Bangalore-based group developing first-to-market solution for emerging industry.
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BearingPoint establishes Centre of Excellence for Oracle Lease Management

BearingPoint has established an Oracle Lease Management centre of excellence facility within its Bangalore, India, global development centre to develop innovative solutions and maintain client's leasing applications. The centre has a staff of 100, and BearingPoint will leverage its established account-based sales force and dedicated Lending and Leasing Industry practice to market solutions developed by the centre.

“Lease management is a new and emerging market for enterprise resource planning,” said Robert Hershey, senior vice president and managing director, BearingPoint Global Enterprise Solutions Practice. “Creating a dedicated centre of excellence aligns with BearingPoint's strategy to develop customized vertical solutions for key industries.”

Designed for asset-based finance companies, Oracle Lease Management is a comprehensive application that runs within the Oracle E-Business Suite. It is designed to help increase operational excellence and discipline, capture new markets and optimize business relationships. Oracle Lease Management provides end-to-end automation, from sales and contract origination through remarketing and asset disposition.

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