MagTek was founded in 1972 and is a leading manufacturer of electronic systems for the reliable issuance, reading, transmission and security of cards, checks, PINs and identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its products include secure card reader/authenticators, encrypting check scanners, PIN pads and distributed credential personalization systems. These products are used worldwide by financial institutions, retailers, and processors to provide secure and efficient payment and identification transactions.
MagTek had a failed e-Business Suite implementation. Their previous systems integrator set unrealistic expectations across the board with MagTek and as a result the project was stopped halfway through the process.
The company had purchased the e-Business application to replace an aging and inefficient ERP system from Epicor. MagTek was growing and needed an application that would integrate all major business processes from Product Development to the General Ledger and everything in-between from a single vendor.
MagTek spent roughly one year doing due diligence on all of the available e-Business Suite system integrators in the marketplace. After a long and very detailed evaluation MagTek selected RJT Solution Beacon to implement the e-Business Suite solution. They also decided to rollout the implementation in Phases to mitigate risk and gain momentum for the project.
The following Oracle EBS modules are being implemented at MagTek: