Know How a Leading Magazine Publisher Saves 30% on Cloud ERP Implementation Costs and Streamlines Financial Transactions.
Know more: https://cloud.jadeglobal.com/
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What They Says -
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