NEORide Partners with Oracle to Enhance Transit Efficiency
NEORide Partners with Oracle to Elevate Transit Operations
In a significant development for public transit systems, NEORide has established a partnership with Oracle, allowing a broader range of public entities to utilize cutting-edge technology. This collaboration is designed to enhance transparency and drive efficiency among transit agencies.
Improved Access to AI Cloud ERP Solution
With the option to utilize Oracle NetSuite for Government, over 40 public transit entities can modernize their systems more seamlessly. This advanced AI cloud ERP solution ensures that state and local agencies can optimize their operations, which is crucial in today’s fast-paced environment.
NEORide's Commitment to Collaboration
Founded in 2014, NEORide unites various transit agencies across a multitude of states. Its mission is to enhance regional mobility through shared resources and cooperation among members. The partnership with Oracle signifies a step forward in their commitment to providing valuable services to their members.
Streamlined Procurement Process
By engaging with Oracle, NEORide has enabled its members to access modern AI technology with a simplified, Federal Transit Administration (FTA)-compliant purchasing process. This streamlined approach helps transit agencies overcome usual procurement hurdles, making it easier to adopt advanced systems.
Boosting Efficiency with NetSuite for Government
The implementation of NetSuite for Government equips NEORide members with powerful, AI-driven workflow tools. By minimizing manual activities, agencies can focus on more strategic initiatives. The ability to generate forecasts, model scenarios, and create reports without hassle is a game changer for finance teams.
Real-Time Data Utilization
Members of NEORide can now access real-time data across operations. This capability allows agencies to adapt budgets swiftly in response to economic shifts and fulfill legislative requirements efficiently. Enhanced visibility also facilitates maintaining accurate financial records and expediting reporting processes.
A Trustworthy Path to Enhanced Services
According to Oracle’s senior vice president, Steve Seoane, the partnership between NEORide and Oracle fosters a reliable avenue for adopting transformative technology. The goal is to empower agencies to serve their communities better by focusing on productivity, decision-making, and constituent services.
Success Stories from Other Agencies
NEORide's collaboration with Oracle opens the door for additional transit agencies to experience the benefits of an integrated system. By leveraging insights from other successful implementations, NEORide can enhance its offerings and support its member agencies in achieving their goals more efficiently.
About NEORide
As a regional council, NEORide aims to expand transportation options through cooperative agreements among member agencies. By utilizing collective purchasing power and federal funding, NEORide successfully ensures the deployment of state-of-the-art mobility solutions.
About Oracle NetSuite
For over 25 years, Oracle NetSuite has been at the forefront of helping organizations improve efficiency. It offers an integrated business system that includes powerful capabilities for financial management and human resources, benefiting clients around the world.
About Oracle
Oracle specializes in providing integrated application suites along with secure, autonomous infrastructure within the Oracle Cloud. Its enduring commitment to integrating technology solutions continues to drive innovation in numerous sectors.
Frequently Asked Questions
What is NEORide's main goal in partnering with Oracle?
NEORide aims to enhance public transit services efficiency and transparency by leveraging Oracle's advanced technology.
How many public transit entities will benefit from this partnership?
Over 40 public transit entities across 11 states will utilize Oracle NetSuite for Government to modernize their operations.
What specific areas does Oracle NetSuite for Government focus on?
It focuses on streamlining accounting, grants management, payroll, budgeting, and human resources for small to mid-sized agencies.
How does NEORide ensure compliance in the procurement process?
NEORide has established a streamlined, Federal Transit Administration-compliant purchasing process for its members.
What impact will AI tools have on transit agency operations?
AI tools will reduce manual tasks, improve efficiency, and enable agencies to make better data-driven decisions.
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