Jade Global Helps its Client move their Financial Data to Oracle Fusion Cloud In An Agile Manner

The client is a leading music streaming and music recommendation provider, powered by the Music Genome Project. With offices in Australia, New Zealand, and the United States, the client enables the users to access their services either through a web browser or via their application software that can be downloaded on the user’s devices like personal computers or mobile phones.

Business Requirement

Fueled by inorganic and organic expansions, in 2015, the client’s fast-growing business required a move to a larger ERP platform — Oracle Fusion Cloud. This conversion at the client’s end included:

  • Customer Master
  • Bank Accounts (Internal and External)
  • Receivables Invoice and Receipt
  • Payable Invoices
  • Fixed Assets

Business Challenge

With their on-demand and anytime available services, the client had decided to go-live with the conversions in all its four locations globally. Due to the global roll-out, the conversion to the new ERP system had to be done seamlessly across all locations without affecting the everyday business

The Jade Global Approach

Jade’s strong technical and functional team analyzed the client’s legacy ERP system and helped them convert and migrate from to the Oracle Fusion Cloud. Through its robust network of certified Oracle Cloud Financials implementers, Jade Global helped the client to understand the technology implications before converting, migrating and reconciling the data. Jade used its pre-defined templates to convert the financial data to Fusion with ease and within a record time.

Jade prepared standard test scripts for Financials and Procurement in the Fusion Cloud, which were then used for testing and certification process. Jade optimized these test scripts to incorporate all the new features within the client’s business practice that helped reduce any kind of manual interventions.

Jade Global also developed multiple BI reports to validate configurations across all the financial modules. These reports enabled the client to quickly analyze any missing or changed configuration across environments.

Value Delivered

As a part of this business engagement, the client’s entire technical and functional team was cross-trained on all the new features. The primary training program included documentations and demos on business flows as well as report creation and knowledge transfer on migration specifics. Post-deployment, the experts at Jade continued supporting the client’s in-house team until they were comfortable with the new environment.

Business Benefits

Due to the fast-growing business demands and an out dated ERP system, the client was struggling with a series of issues such as Receivables Invoice and Receipt, Payable Invoices, Fixed Assets etc. Jade upgraded their legacy system, trained the in-house team and continued to provide support till the client desired.

Apart from solving all the business challenges faced by the client, Jade also delivered:

  • A functionally enhanced environment for financial transactions that included modern processes and controls to ensure compliance and auditability
  • A fully integrated system with Fusion Procurement on Cloud
  • A streamlined business process that replaced manual processes making it efficient, reliable and scalable
  • Automated, integrated processes and controls to replace all the manual controls
  • Reduced data, decision and analysis latency
  • Management Dashboards