NEORide Accelerates Transit Efficiency with Oracle NetSuite for Government
Oracle (NYSE:ORCL) has announced a strategic agreement with NEORide, a multi-state transit alliance, to provide Oracle NetSuite for Government to 40 public transit entities across 11 states. The AI-enabled cloud ERP solution will help streamline operations for transit agencies in states including Ohio, Arkansas, Kentucky, and Michigan.
The partnership enables NEORide members to access NetSuite for Government through a simplified, FTA-compliant purchasing process. The solution offers comprehensive tools for accounting, grants management, payroll, budgeting, and human resources in a single unified system, helping agencies improve transparency and operational efficiency.
Oracle (NYSE:ORCL) ha annunciato un accordo strategico con NEORide, un'alleanza di trasporto interstatale, per fornire Oracle NetSuite for Government a 40 enti di trasporto pubblico in 11 stati. La soluzione ERP cloud abilitata all'IA contribuirà a snellire le operazioni delle agenzie di transito in stati come Ohio, Arkansas, Kentucky e Michigan.
La partnership consente ai membri di NEORide di accedere a NetSuite for Government tramite un processo di acquisto semplificato e conforme alla FTA. La soluzione mette a disposizione strumenti completi per contabilità, gestione delle sovvenzioni, payroll, budgeting e risorse umane in un unico sistema unificato, aiutando le agenzie a migliorare trasparenza ed efficienza operativa.
Oracle (NYSE:ORCL) ha anunciado un acuerdo estratégico con NEORide, una alianza de transporte multirregional, para ofrecer Oracle NetSuite for Government a 40 entidades de transporte público en 11 estados. La solución ERP en la nube con capacidades de IA ayudará a agilizar las operaciones de las agencias de tránsito en estados como Ohio, Arkansas, Kentucky y Michigan.
La asociación permite a los miembros de NEORide acceder a NetSuite for Government mediante un proceso de compra simplificado y conforme a la FTA. La solución ofrece herramientas integrales para contabilidad, gestión de subvenciones, nómina, presupuestos y recursos humanos en un único sistema unificado, ayudando a las agencias a mejorar la transparencia y la eficiencia operativa.
Oracle (NYSE:ORCL)는 다주(多州) 교통 연합인 NEORide와 전략적 제휴를 체결하고 Oracle NetSuite for Government를 11개 주에 걸친 40개 대중교통 기관에 제공한다고 발표했습니다. 인공지능 기반 클라우드 ERP 솔루션은 오하이오, 아칸소, 켄터키, 미시간 등 주의 교통 기관 운영을 간소화하는 데 도움을 줍니다.
이번 파트너십으로 NEORide 회원은 FTA 규정을 준수하는 간소화된 구매 절차를 통해 NetSuite for Government에 접근할 수 있습니다. 이 솔루션은 회계, 보조금 관리, 급여, 예산 편성 및 인사에 대한 종합적인 도구를 하나의 통합 시스템으로 제공하여 기관들의 투명성과 운영 효율성을 향상시킵니다.
Oracle (NYSE:ORCL) a annoncé un accord stratégique avec NEORide, une alliance de transports multi-états, pour fournir Oracle NetSuite for Government à 40 organismes de transport public dans 11 États. La solution ERP cloud dotée d'IA contribuera à rationaliser les opérations des agences de transport dans des États tels que l'Ohio, l'Arkansas, le Kentucky et le Michigan.
Le partenariat permet aux membres de NEORide d'accéder à NetSuite for Government via un processus d'achat simplifié et conforme aux exigences de la FTA. La solution propose des outils complets pour la comptabilité, la gestion des subventions, la paie, la budgétisation et les ressources humaines au sein d'un système unifié, aidant les agences à améliorer la transparence et l'efficacité opérationnelle.
Oracle (NYSE:ORCL) hat eine strategische Vereinbarung mit NEORide, einer bundesstaatenübergreifenden Verkehrsallianz, angekündigt, um Oracle NetSuite for Government an 40 öffentliche Verkehrsbehörden in 11 Bundesstaaten bereitzustellen. Die KI-gestützte Cloud-ERP-Lösung soll die Abläufe der Verkehrsbetriebe in Staaten wie Ohio, Arkansas, Kentucky und Michigan straffen.
Die Partnerschaft ermöglicht NEORide-Mitgliedern den Zugang zu NetSuite for Government über einen vereinfachten, FTA-konformen Beschaffungsprozess. Die Lösung bietet umfassende Werkzeuge für Buchhaltung, Zuschussverwaltung, Lohnabrechnung, Budgetierung und Personalwesen in einem einheitlichen System und hilft den Behörden, Transparenz und operative Effizienz zu steigern.
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Insights
Oracle expands government presence through NEORide partnership, giving 40 transit agencies streamlined access to its NetSuite cloud ERP platform.
Oracle has secured a strategic partnership with NEORide, a multi-state transit alliance, providing 40 public transit entities across 11 states streamlined access to its AI-powered NetSuite for Government platform. This agreement creates a Federal Transit Administration (FTA)-compliant purchasing process that bypasses typically complex government procurement hurdles.
The partnership targets a specific yet substantial government subsector – public transit agencies spanning urban, suburban, and rural systems across Ohio, Arkansas, Kentucky, Michigan, Pennsylvania, Missouri, Iowa, Kansas, Indiana, Tennessee, and West Virginia. These agencies can now more easily adopt Oracle's cloud-based ERP solution for managing financial operations, grants, payroll, budgeting, and HR functions.
This deal advances Oracle's government sector penetration strategy, enabling the company to efficiently scale within this traditionally difficult-to-penetrate market. By solving the procurement complexity challenge through NEORide's pre-approved collective purchasing power, Oracle removes a significant barrier to adoption while expanding its footprint in state and local government operations.
The agreement leverages the growing demand for AI-enabled solutions in government operations, particularly for smaller agencies that may lack technical resources but need to modernize legacy systems. For Oracle, this represents an efficient customer acquisition channel with lower sales friction and potentially higher retention rates through the NEORide consortium structure.
State-wide public entities can now access the #1 AI cloud ERP solution to improve transparency and drive efficiency
Founded in 2014, NEORide brings together transit agencies across
"NEORide is committed to empowering our growing member base with the comprehensive tools and resources they need to enhance all aspects of public transit services," said Katherine Conrad, Executive Director, NEORide.
Fast-tracking process efficiency
With NetSuite for Government, NEORide members can take advantage of AI-powered, flexible workflow tools to reduce manual tasks and implement more efficient processes that improve transparency and free up employees to focus on higher-value work. For example, finance teams can easily produce forecasts, model what-if scenarios, and generate reports using a single, unified solution. In addition, with access to real-time data from across their operations, members can quickly adjust budgets in response to shifting economic conditions or legislative mandates; leverage general ledger insights to keep accounts accurate and balanced; and accelerate reporting with pre-built templates and intelligent analytics.
"Government agencies need a straightforward and trustworthy path to transformative, secure technology that empowers them to efficiently serve their communities' core service needs," said Steve Seoane, senior vice president and general manager, Oracle Local Government. "By teaming with NEORide, we're helping its members eliminate complex government procurement challenges as they move to achieve more with less, emphasizing automation, increased productivity, and better decision-making through AI and a unified platform, so they can focus on providing excellent constituent services."
Learn how other cities and entities are benefitting from NetSuite for Government at www.oracle.com/government/state-local/netsuite-for-government
About NEORide
NEORide is a regional council of governments formed to expand transportation options through cooperative agreements among member agencies, leveraging collective purchasing and federal funding to deploy cutting-edge mobility solutions.
About Oracle NetSuite
For more than 25 years, Oracle NetSuite has helped organizations of all sizes reach their goals faster and more efficiently. NetSuite provides an integrated business system with embedded AI that delivers powerful financial management, supply chain, customer experience, and HR capabilities. Relied on by more than 42,000 customers in 219 countries and dependent territories, NetSuite is the #1 AI cloud enterprise resource planning (ERP) solution.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.
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SOURCE Oracle
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