Redwood Shores, Calif. -- Ascena, parent company of Dress Barn, Maurices and Justice, said Friday that it has selected Oracle E-Business Suite Financials to streamline financial operations across the company’s growing retail operations.
“Our due diligence process determined that the Oracle applications provided us the best solutions for integrating and managing our business and establishing a foundation for growth. Oracle's partnership and product offering enable us to focus on providing our customers with an unmatched retail shopping experience,” said Armand Correia, CFO, Ascena Retail Group.
Ascena said it will migrate its enterprise financial operations to the Oracle Applications including Oracle E-Business Suite Financials, Oracle Hyperion Planning and Budgeting and Oracle Governance, Risk and Compliance solutions.
The Oracle applications will replace disparate enterprise systems being used by Dress Barn and Maurices and upgrade the Oracle E-Business Suite applications already in use at Justice to the latest version.