Back to 2009 Press Release

LOOK US UP IN ORACLE COLLABORATE 09

Caresoft Inc presents a technical paper on - "Implementing Hyperion HFM and Planning to Maximize Profitability in Travel Industry". Hyperion, oracle’s power packed business intelligent tools supersedes any other BI tool offered by its competitors. Here at caresoft, we dedicate ourselves to implementing and configuring Hyperion, to give you the maximum ROI for each dollar you place on Hyperion. Oracle Collaborate is Oracle's single largest global event about Technology, to be held in Orlando FL May 2 - 7, 2009.

Paper Overview: Travel Industry is extremely competitive. There are a large number of mid size players in the market. Typically, such players do not have well organized operations. Caresoft implemented Financial Data Management System (FDMS) for Purple Leaf, a leader in Travel and Resort Industry. FDMS is a Data Warehouse to centralize data collection from very diverse Global operations. Caresoft implemented HFM, Planning and other Hyperion Tools to build a robust Financial Management System. The new system allows Month End closing in 2 days instead of 15 days. It has opened up vast analytical capabilities to search for hidden opportunities for Purple Leaf’s business. Hyperion's complete suite of Business Intelligence solutions provides unmatched capability to Purple Leaf to compete in its class. Purple Leaf is growing at a rapid pace. And, Oracle's Hyperion suite of products allows the Purple Leaf Finance Team to stay in control of the fast growing company's financial needs.

About Caresoft Inc.

Headquartered in Edison NJ, Caresoft is a leader in Custom Software Development, Temporary IT Staff Augmentation and Outsourced QA Services. It is known for the highest quality of IT Specialists who have a wealth of experience serving Telecom, Pharmaceutical, Financial and related industries throughout the world.

Caresoft is a young organization with a circle of experts that specialize in implementing Hyperion in the most complex business environments. Our Hyperion team consists of people with vast experience and from complimentary background. Part of boutique Hyperion implementation, we are a mid-size, highly specialized practice. We handle full life cycle Hyperion implementations as well as smaller adhoc projects in Hyperion components.

Caresoft takes pride in the delivery of Operational Excellence, setting ever-improving standards for the software industry. Its Methodologies are derived from leading Industry Think Tanks including 6 Sigma, CMM, IEEE, among others. This dedication to Processes and Methodologies helps Caresoft deliver Consistent Quality on the time, all the time. For more information about Caresoft, please log on to http://www.caresoftinc.com

About COLLABORATE 09

Independent Oracle Users Group (IOUG), the Oracle Applications Users Group (OAUG) and Quest International Users Group (Quest) have joined forces to present COLLABORATE, offering in-depth education and exclusive networking opportunities. You benefit through access to a powerful global community of technology and applications professionals and experts and experience a dynamic exchange of ideas and best practices. Learn what works — and what will work best for you. Design your educational experience from hundreds of user-led sessions developed by the OAUG for Oracle E-Business Suite, Oracle Retail, PeopleSoft, Siebel, Oracle Communications, MetaSolv, Hyperion and the rest of the growing family of Oracle Applications.

For more information about Caresoft, please log on to http://www.caresoftinc.com For additional information,

Please contact:

Humayun Rehan
Manager, Human Capital Development

Caresoft Inc.
732-514-7724