logo

Allcargo Logistics Adopts Oracle Cloud to Streamline Finance Operations

Authored By HDFC SKY | Published at: Oct 21, 2026 11:43 AM IST

Allcargo Logistics Limited has adopted Oracle Fusion Cloud Applications to streamline its finance and procurement processes. The implementation has reduced month-end closing time by 30%, while helping standardise operations, automate manual tasks and improve financial visibility across its network.

 

Stocks in News
ALLCARGO
₹9.87
-2.47%
Allcargo Logistics Adopts Oracle Cloud to Streamline Finance Operations

Open Free Demat Account

Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

Mumbai, October 21: Allcargo Logistics Limited has implemented Oracle Fusion Cloud Applications to transform its financial processes, reducing month-end closing time by 30% through automation and improved operational visibility.

Oracle Cloud Automates Finance and Procurement

The logistics company has moved from legacy on-premises systems to Oracle’s cloud platform to support its expanding operations. Founded in 1993, Allcargo Logistics operates more than 700 facilities in India and serves customers across industries including e-commerce, automotive and pharmaceuticals.

Through Oracle Fusion Cloud Enterprise Resource Planning (ERP), the company has standardised finance processes across its operations. The implementation brings more than 4,000 users and over 700 operating units onto a single integrated platform, reducing manual work and strengthening financial controls and reporting.

Oracle Fusion Cloud Procurement has also helped automate end-to-end procurement processes, giving teams a more consistent view of purchasing activity across distributed operations.

Sanjay Khiyani, Chief Information Officer at Allcargo Logistics, said the implementation supports the company’s digital transformation strategy and operational efficiency goals.

The project was managed by Oracle PartnerNetwork partner Grant Thornton Bharat. Oracle said its AI and Fusion Agentic Applications can further help automate routine tasks and allow teams to focus on higher-value decisions.

Stock Market Snapshot

The Allcargo Logistics share price was trading at ₹9.94 on Wednesday, October 21, 2026, according to the market snapshot, below the previous close of approximately ₹10.12. The stock opened at around ₹10.15.

The shares were trading lower during the session in which the company announced the Oracle Cloud implementation. The price movement alone does not establish a direct connection with the announcement.

About Allcargo Logistics

Allcargo Logistics provides integrated logistics and supply chain services, including express distribution, air freight, e-commerce logistics and first- and last-mile delivery. Its operations serve businesses across India and international markets.

Conclusion

The Oracle Fusion Cloud implementation has helped Allcargo Logistics reduce month-end closing time by 30% and standardise finance and procurement processes. The move supports its wider effort to improve automation, governance and visibility as its logistics operations evolve.

Source:

  • https://www.bseindia.com/stock-share-price/allcargo-logistics-ltd/allcargo/532749
  • https://www.bseindia.com/xml-data/corpfiling/AttachLive/3679c386-9540-466c-a0ba-fc08afff13e4.pdf
Disclaimer

At HDFC SKY*, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations.
HDFC SKY from HDFC Securities, one of most trusted trading platforms in India, has been recognized with the *Next-Gen Digi Content Awards 2025-26.

Summarize with AI
Google GeminiChatGPTPerplexity AIAnthropic AIGrok AI
Desktop BannerMobile Banner

Invest Anytime, Anywhere

Get it on Google PlayGet it on App Store

Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy