Indonesia’s OVO Selects Oracle Cloud ERP for Accelerated Expansion

ovo selects oracle cloud erp

Indonesia’s only fintech unicorn, OVO, has chosen Oracle Fusion Cloud Enterprise Resource Planning (ERP) to drive its mission for financial inclusion in Indonesia. Oracle Cloud ERP will help OVO streamline the integration of its core financial systems with its customer-facing application.

Founded in 2017, OVO is a leading digital payments platform in Indonesia, which is available on 115 devices in the Southeast Asian country. Currently, the company is expanding into new businesses and transaction volumes. To support its growth, OVO needed to move its financials to the cloud. Its partner of choice was Oracle Cloud ERP.

“After looking at several tech partners to upgrade our financial systems, we chose Oracle Cloud ERP for its secure and scalable applications that align with international accounting standards. The shift to the Cloud will allow us to create a seamless, end-to-end process across our financial operations, and increase synergies between our back-office and customer facing operations with real-time insights,” said OVO CFO SharlyRungkat.

OVO is currently accepted in over 426 cities in Indonesia, and the company remains committed to building the largest financial payment and tech company in the country. Oracle Cloud ERP could help it on this journey by increasing productivity, lowering costs, and improving controls. OVO will be able to gain a complete view of its finances and operations with Oracle Cloud ERP onboard.