Oracle Revenue Management Cloud Services (RMCS) Implementation and Support for Semiconductor company

Oracle Revenue Management Cloud Services (RMCS) Implementation and Support for Semiconductor company

Read how a large semiconductor company used Jade Global's Oracle, Implementation, Support and Automation Services to increase accuracy of revenue forecasting.

Jade Global is recognized for its full-line Oracle ERP implementation and support. For a recent implementation with Lattice Semiconductor, Jade Global implemented ASC 606 Revenue Standards using Oracle Revenue Management Cloud Platform and automated data flow to RMCS from EBS and Third-party systems.

Industry:

Semiconductor

Client:

Lattice Semiconductor

About the Client:

Lattice Semiconductor are the low power programmable leader. Lattice provides solution across the network, from the Edge to the Cloud problems. Lattice product offerings enable customers in the consumer market to build technology that utilizes more computing power, higher resolution video, and reduced energy consumption.

Business Requirements

Lattice used to track distributor’s revenue and cash flow separately clear it manually. They wanted to streamline the process and have a single source of revenue data that they can use to increase sales, reduce costs, follow channel trends, and have faster decision making

  • Implement ASC 606 Revenue Standards using Oracle Revenue Management Cloud Platform
  • Integrate with Oracle EBS and Data warehouse that used to store distributor’s transactions details
  • Automate data flow to RMCS from EBS and third-party systems
  • Single source of Revenue data for decision making instead of going to different applications