Jade consultants, with their deep knowledge, and through a series of pilot test and demonstration of the foreign exchange processes, convinced the clients[SJ1]  to migrate to Oracle Cloud ERP.

1. Through Oracle Cloud ERP Jade’s E-Learning
client automated and reduced their financial
reporting time by more than 50%
Case Study

2. The client is an online education company offering thousands of
video courses in software, creative, and business skills. Founded in
1995, the company produces video tutorials taught by industry
experts. Based in Carpinteria, California, the client has more than 500
employees worldwide, and offers instruction in English as well as
German, French, and Spanish through its branded division.
Industry
E- Learning
Employees
501-1000
Headquarters
Carpinteria , CA
About Client

3. The client had decided to implement Oracle Cloud ERP. They had started implementing it from 2015 and wanted to
stagger the implementation with General Ledger and P2P process. This would ensure their focus on a consolidated
reporting and foreign exchange impact controls. The client faced challenges in managing their forex impact of the
world-wide operations and hence needed to automate eliminations and consolidations.
Business Requirement
The client had multiple systems in multiple locations world-wide. Due to the disparity in the systems they faced
challenges in translating, revaluing appropriate balances, completing their consolidations process and reporting. They
were using excel and realized the difficulty in scaling up as their business grew. They wanted a scalable enterprise wide
system that would manage all their financial activities and seamlessly integrate with other operational systems for
orders, billing and subscriptions.
Business Challenge

4. Jade consultants, with their deep knowledge, and through a series of pilot test and demonstration of the foreign
exchange processes, convinced the clients[SJ1] to migrate to Oracle Cloud ERP. The team then built a robust Chart of
Accounts and set processes in place to meet the client’s goals. Jade Global drove the design and implementation, and
trained the client in Cloud ERP. A robust structure to capture, consolidate and report all the ledger balance data was
built to perform the required foreign exchange processes as per the client’s needs.
The resulting solution to address their foreign exchange processes ensured that the client had a systematic and
auditable method to manage their foreign currency balances and established a strong footing for their consolidated
reporting. The result was a systematic, robust and efficient revaluation and translation processes.
Business Value Delivered
Jade Global is a premier Advisory, Integration, Testing, Cloud & Consulting Services, Business Solutions and IT
outsourcing company headquartered in San Jose, California with offices in San Diego, Atlanta, Reading, Pune, Noida
and Hyderabad. With more than 600 employees worldwide, Jade Global is a trusted partner of choice to its clients.
Jade’s global team of experts successfully deliver business and technology solutions across diverse industries to
drive its customers' long term growth and success.
About Jade Global, Inc.
1731 Technology Drive Suite 350, San Jose, CA 95110
Phone: 1-877-JADE4IT | Email: marketing@jadeglobal.com | Website: www.jadeglobal.com
© 2017 Jade Global, California, CA. All Rights Reserved. Jade Global believes the information in this document is accurate as of its publication
date. No material from here may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without
prior written permission from Jade Global.
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