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FOR IMMEDIATE RELEASE
Southern Maryland Electric
Cooperative Implements Oracle®
Utilities Customer Care and Billing and Oracle Database to Expand
Services, Enhance Responsiveness
Bill Creation and Processing is 12
Times Faster
REDWOOD SHORES, CA, March 4, 2008 - Oracle announced
that Southern Maryland Electric Cooperative (SMECO) has implemented
Oracle® Utilities Customer Care and Billing and Oracle Database
to enhance customer service and increase flexibility to address competitive
market changes. Oracle provides a highly integrated and scalable infrastructure
that SMECO is using to reduce customer service operations costs and
increase reliability.
To support increasing energy demand and new customers, SMECO,
a member-owned electric cooperative that serves more than 150,000
customers in four southern Maryland counties, required an enhanced
customer information system (CIS) that is rapidly deployable, scalable
and supports new services to continually enhance customer support.
SMECO selected Oracle to gain a single platform that supports its
critical business applications.
Oracle Utilities Customer Care and Billing improves visibility
into customer data, allowing SMECO customer service representatives
to provide superior service and reduce issue- resolution times.
SMECO is also using the application to streamline bill printing
and distribution, as well as rapidly address past-due accounts.
With Oracle, SMECO's debt recovery, billing and bill print extract
is now 12 times faster - the organization can complete the daily
process in slightly more than one hour. As a result, SMECO now generates
and mails customer invoices one day faster than its previous billing
process. New customer care capabilities enable SMECO to transfer
past-due accounts to a collection agency after 60 days, rather than
waiting 90 days using the old system.
Oracle Utilities Customer Care and Billing required little customization,
allowing SMECO to accelerate the implementation and realize benefits
more quickly. Additionally, Oracle Database provides the underlying
reliability and scalability to support evolving business operations.
Supporting Quotes
"Just as the local hardware store outmaneuvers its national
big-box competitors by responding to community needs, co-op utilities
are also uniquely positioned to maintain loyal members by focusing
on customer care and providing new services. SMECO continues to
excel by providing excellent customer care and expanding operations
to capitalize on new opportunities. Oracle provides the demonstrated
reliability and full solution set to play an integral role in SMECO's
growth," said Quentin Grady, senior vice president and general
manager, Oracle Utilities.
"We maintain an unwavering focus on system reliability, competitive
rates and superior customer service. SMECO is revitalizing key operations
to support our community's growing needs and achieve cost savings
from increased efficiency. Oracle is instrumental in our efforts
to achieve short-term reliability and service benchmarks, while
enabling us to achieve long-term cost savings," said Joe Trentacosta,
vice president and chief information officer, Southern Maryland
Electric Cooperative.
About Oracle Utilities
Oracle Utilities delivers the proven software applications that
help utilities achieve competitive advantage, business performance
excellence and a lower total cost of technology ownership. Oracle
Utilities integrates industry-specific customer care and billing,
network management, work and asset management, mobile workforce
management and meter data management applications with the capabilities
of Oracle's industry-leading enterprise applications, business intelligence
tools, middleware and database technologies. Oracle Utilities enables
its customers to adapt more nimbly to market deregulation, meet
ever-evolving customer demands, and deliver on commitments to environmental
conservation. For more information, visit www.oracle.com/industries/utilities.
About Oracle
Oracle (Nasdaq: ORCL) is the world's largest enterprise software
company. For more information about Oracle, please visit our Web
site at www.oracle.com.
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