Through Oracle Cloud Erp Jade’s E Learning Client Automated And Reduced Their Financial Reporting Time By More Than 50%

Through Oracle Cloud ERP Jade’s E-Learning client automated and reduced their financial reporting time by more than 50% The client is an online education company offering thousands of video courses in software, creative, and business skills. Founded in... More

Through Oracle Cloud ERP Jade’s E-Learning client automated and reduced their financial reporting time by more than 50% 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. Business Requirement 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 Challenge The client had multiple syste Less