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©2018 Jade Global Inc. All rights reserved
Seeking Automated Business
Systems after Growth from
Acquisitions
AIM Media has grown quickly, especially
through acquisition. The acquired
companies had varying business models.
AIM wanted to retain the separate entity
of all its acquired businesses. A financial
reporting system was required to help all
the companies work independently and
under the same umbrella.
AIM also wanted all inter-company
processes and transactions to be
automated and streamlined from the
system. It was looking for a Shared Service
Model implementation for its operations
including invoicing, collections, payments
and cash applications. For revenue
transactions, a real-time Salesforce.com
integration was required so that sales
teams could share the details of
conversion.
Disparate Systems Impact
Customer Experience
After AIM acquired various businesses, it
had to meet the challenge of dealing with
diverse needs of these businesses. These
acquired businesses were using different
and disconnected platforms or systems. A
single source of information for customer
and vendor relationships was not
available.
The existing system could not meet the
financial, operational, and product sales
reporting requirements of all the
businesses keeping them as separate
entities. Automated integration with the
payment gateway was not possible,
impacting the customer experience. AIM
approached Jade for help with these
challenges.
Jade Global did an initial evaluation of the
business and identified various other
potential challenges. AIM needed to build
a system to not only help in tracking and
reporting transactions, but also to provide
customer and product information in a
systematic manner.
Case Study
©2018 Jade Global Inc. All rights reserved
Leading Magazine Publisher Saves 30% on Cloud ERP
Implementation Costs and Streamlines FinancialTransactions
Using Jade Global’s CloudToolkit
Products & Services
Oracle Cloud Financials (GL, AP, FA, Cash
Management, Expenses, and Procurement)
Data migration
Salesforce.com
Client - Active Interest Media Inc. (AIM)
Industry - Media & Entertainment
About the Client
Active Interest Media (AIM Media) is one of the world’s largest publishers of
leading consumer magazines. AIM operates websites, runs consumer and trade
events, produces and markets films, TV shows, videos and books, and organizes
competitions such as boat and fitness shows. It spans a global reach of 40 million
readers, fans, and attendees in 85 countries. AIM was founded in 2003 and is
headquartered in El Segundo, California.
Business Requirements
Migrate data from Oracle EBS 11i to
Cloud Financials
Represent financial reporting of each
acquired group independently to retain
the business as a separate entity
Automate inter-company processes
and transactions across group
companies
Implement Shared Services model (for
back-office operations) particularly for
invoicing, collections, payments and
cash applications requirements
Real-time integrations with
Salesforce.com for Revenue
transactions
Establish procurement controls and
business approvals for expenses and
tangible items
Thomas W. Urbanski CPA
Senior Director, Active Interest Media
Jade Global has been instrumental in
navigating us through the sometimes
complex and difficult processes to
convert our business to the Oracle
Fusion Cloud ERP and ECPBS products.
The lead engagement manager on our
account, Mohan Iyer, has been
remarkably patient, knowledgeable
and helpful in understanding our
needs and suggesting appropriate
solutions to our business processes.
Jade Global brought in their prebuild
artifacts and solutions which was
instrumental for our success. Our
project has been challenging but we
are confident that Jade is and has
been a reliable professional partner in
our path to a new ERP solution.
“
“
The Solution
Jade Global facilitated and developed
uniformity in AIM Media’s business
processes
Implemented Oracle Cloud Financials
(GL, AP, FA, Cash Management)
Expenses, Procurement and Inventory
Jade developed a solution using a
Shared Services Model to manage all
current entities, and a framework to
manage future additions
The solution used built-in and
automated accounting rules for revenue
and expense recognition
Enhanced user experience with one
process across groups and sub-group
operations
Business Challenges
All the acquired businesses were
using disparate platforms and
multiple applications. These needed
to be integrated in a single system
AIM wanted to add controls for
expense management
Traceability of expenses & payments
was required
Reporting & distribution needed to be
streamlined. Accurate accounting
was required to allow business
reporting for each group as an
independent entity
AIM wanted to reduce manual
activities and ensure systematic
accounting throughout the
organization
AIM wanted to integrate a new sales
engine with the accounting system
Jade Global suggested a solution to be
implemented on Oracle Cloud ERP.
This Core Financial Cloud ERP product
implementation with Procurement and
Inventory helped AIM Media set up a
seamless accounting process for both
deferred revenue and prepaid expenses.
This new solution is capable of operational
and financial reporting for all AIM
companies, while maintaining their
separate entities. Separate user roles were
defined with access permissions to view,
edit or add data. This helped in setting up
effective controls and approval processes.
Users could now generate reports and
access information from a single source
whenever needed. The solution was also
integrated for banking transactions to
enable instant payments and to automate
the cash application processes.
Jade Global also integrated the Oracle
solution with Salesforce.com to help AIM
Media quote, track, and invoice customers
through a simple user-friendly platform in
a timely manner. Additionally, AIM users
could get real-time reports on customers
across all AIM companies.
Oracle Cloud Financial ERP Solution and Integration
The Benefits
Better and scalable Cloud platform
AIM Media teams trained in new
streamlined systems
Onsite-Offshore Development model
helped in getting a 24-hour coverage
for the project and user team along
with a lower cost of implementation
Jade’s Cloud toolkit helped save
between 20-30% of typical Cloud
implementation cost
Jade Global provides enterprise business application implementations, integrations, software product
engineering, Cloud services, technology advisory, testing, and managed services. We are headquartered
in San Jose, California with U.S offices in Philadelphia, Boston, Los Angeles, San Diego and Atlanta. Jade
Global is an Oracle Platinum Cloud Select partner, Salesforce Silver Partner, ServiceNow Silver partner and
Microsoft Gold partner. We have additional strategic partnerships with Zuora, Dell Boomi, NetSuite, and
Tableau. Jade is a member of the Oracle Cloud Excellence Implementor (CEI) Program and has been
recognized as one of the fastest-growing companies in North America by Inc. 5000.
About Jade Global
www.jadeglobal.com | info@jadeglobal.com | 877-523-3448
©2018 Jade Global Inc. All rights reserved
After the solution was implemented,
the business processes across all groups
were streamlined. The new system was
designed on Shared Service Model for
back-office operations. It established
internal controls and systematic workflow
processes for specific approval needs and
accurate accounting representations. An
expense traceability mechanism was
implemented for accurate accounting.
For intercompany accounting and
analysis, consolidated reporting was put in
place. New reports were created for
supplier payables, customer receivables,
financials, and revenue reporting.
Jade executed the project with an
onsite-offshore development model. It
provided AIM with 24/7 customer support
for the project at 20 to 30 percent less
than the cost of implementation.
Long Form Text: The Benefits

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Know How a Leading Magazine Publisher Saves 30% on Cloud ERP Implementation Costs and Streamlines Financial Transactions

  • 1. ©2018 Jade Global Inc. All rights reserved Seeking Automated Business Systems after Growth from Acquisitions AIM Media has grown quickly, especially through acquisition. The acquired companies had varying business models. AIM wanted to retain the separate entity of all its acquired businesses. A financial reporting system was required to help all the companies work independently and under the same umbrella. AIM also wanted all inter-company processes and transactions to be automated and streamlined from the system. It was looking for a Shared Service Model implementation for its operations including invoicing, collections, payments and cash applications. For revenue transactions, a real-time Salesforce.com integration was required so that sales teams could share the details of conversion. Disparate Systems Impact Customer Experience After AIM acquired various businesses, it had to meet the challenge of dealing with diverse needs of these businesses. These acquired businesses were using different and disconnected platforms or systems. A single source of information for customer and vendor relationships was not available. The existing system could not meet the financial, operational, and product sales reporting requirements of all the businesses keeping them as separate entities. Automated integration with the payment gateway was not possible, impacting the customer experience. AIM approached Jade for help with these challenges. Jade Global did an initial evaluation of the business and identified various other potential challenges. AIM needed to build a system to not only help in tracking and reporting transactions, but also to provide customer and product information in a systematic manner. Case Study ©2018 Jade Global Inc. All rights reserved Leading Magazine Publisher Saves 30% on Cloud ERP Implementation Costs and Streamlines FinancialTransactions Using Jade Global’s CloudToolkit Products & Services Oracle Cloud Financials (GL, AP, FA, Cash Management, Expenses, and Procurement) Data migration Salesforce.com Client - Active Interest Media Inc. (AIM) Industry - Media & Entertainment About the Client Active Interest Media (AIM Media) is one of the world’s largest publishers of leading consumer magazines. AIM operates websites, runs consumer and trade events, produces and markets films, TV shows, videos and books, and organizes competitions such as boat and fitness shows. It spans a global reach of 40 million readers, fans, and attendees in 85 countries. AIM was founded in 2003 and is headquartered in El Segundo, California. Business Requirements Migrate data from Oracle EBS 11i to Cloud Financials Represent financial reporting of each acquired group independently to retain the business as a separate entity Automate inter-company processes and transactions across group companies Implement Shared Services model (for back-office operations) particularly for invoicing, collections, payments and cash applications requirements Real-time integrations with Salesforce.com for Revenue transactions Establish procurement controls and business approvals for expenses and tangible items Thomas W. Urbanski CPA Senior Director, Active Interest Media Jade Global has been instrumental in navigating us through the sometimes complex and difficult processes to convert our business to the Oracle Fusion Cloud ERP and ECPBS products. The lead engagement manager on our account, Mohan Iyer, has been remarkably patient, knowledgeable and helpful in understanding our needs and suggesting appropriate solutions to our business processes. Jade Global brought in their prebuild artifacts and solutions which was instrumental for our success. Our project has been challenging but we are confident that Jade is and has been a reliable professional partner in our path to a new ERP solution. “ “
  • 2. The Solution Jade Global facilitated and developed uniformity in AIM Media’s business processes Implemented Oracle Cloud Financials (GL, AP, FA, Cash Management) Expenses, Procurement and Inventory Jade developed a solution using a Shared Services Model to manage all current entities, and a framework to manage future additions The solution used built-in and automated accounting rules for revenue and expense recognition Enhanced user experience with one process across groups and sub-group operations Business Challenges All the acquired businesses were using disparate platforms and multiple applications. These needed to be integrated in a single system AIM wanted to add controls for expense management Traceability of expenses & payments was required Reporting & distribution needed to be streamlined. Accurate accounting was required to allow business reporting for each group as an independent entity AIM wanted to reduce manual activities and ensure systematic accounting throughout the organization AIM wanted to integrate a new sales engine with the accounting system Jade Global suggested a solution to be implemented on Oracle Cloud ERP. This Core Financial Cloud ERP product implementation with Procurement and Inventory helped AIM Media set up a seamless accounting process for both deferred revenue and prepaid expenses. This new solution is capable of operational and financial reporting for all AIM companies, while maintaining their separate entities. Separate user roles were defined with access permissions to view, edit or add data. This helped in setting up effective controls and approval processes. Users could now generate reports and access information from a single source whenever needed. The solution was also integrated for banking transactions to enable instant payments and to automate the cash application processes. Jade Global also integrated the Oracle solution with Salesforce.com to help AIM Media quote, track, and invoice customers through a simple user-friendly platform in a timely manner. Additionally, AIM users could get real-time reports on customers across all AIM companies. Oracle Cloud Financial ERP Solution and Integration
  • 3. The Benefits Better and scalable Cloud platform AIM Media teams trained in new streamlined systems Onsite-Offshore Development model helped in getting a 24-hour coverage for the project and user team along with a lower cost of implementation Jade’s Cloud toolkit helped save between 20-30% of typical Cloud implementation cost Jade Global provides enterprise business application implementations, integrations, software product engineering, Cloud services, technology advisory, testing, and managed services. We are headquartered in San Jose, California with U.S offices in Philadelphia, Boston, Los Angeles, San Diego and Atlanta. Jade Global is an Oracle Platinum Cloud Select partner, Salesforce Silver Partner, ServiceNow Silver partner and Microsoft Gold partner. We have additional strategic partnerships with Zuora, Dell Boomi, NetSuite, and Tableau. Jade is a member of the Oracle Cloud Excellence Implementor (CEI) Program and has been recognized as one of the fastest-growing companies in North America by Inc. 5000. About Jade Global www.jadeglobal.com | info@jadeglobal.com | 877-523-3448 ©2018 Jade Global Inc. All rights reserved After the solution was implemented, the business processes across all groups were streamlined. The new system was designed on Shared Service Model for back-office operations. It established internal controls and systematic workflow processes for specific approval needs and accurate accounting representations. An expense traceability mechanism was implemented for accurate accounting. For intercompany accounting and analysis, consolidated reporting was put in place. New reports were created for supplier payables, customer receivables, financials, and revenue reporting. Jade executed the project with an onsite-offshore development model. It provided AIM with 24/7 customer support for the project at 20 to 30 percent less than the cost of implementation. Long Form Text: The Benefits