Jade Global's Blog

In the early 1990s, a senior executive with a large West Coast retail bank described her organization’s customer service as “the cream of the crap.” In her opinion, it really wasn’t very good, but it was better than their competitors. When the bank did customer surveys, a common gripe was its account opening process. It seemed customers were constantly having to redo paperwork (remember, this was the early ‘90s) because of mistakes by the bank. And this was commonplace across all financial institutions in the market. In response, the bank launched an internal campaign — DIRFT, “do it right the first time.” And it worked. At least well enough for the bank to become the “cream” and rise above its competition. But this was retail banking — B2C. Retail, regardless of industry, has always been more conscious of customer service and its importance to a long-term relationship than B2B firms. Now B2C companies that don’t create an engaging, near-frictionless customer journey at every t...

Non-compliance causes soaring secondary costs that include non-released stocks, product recalls, etc., problems with authorities suspended production and other risks. To resolve this, Life Sciences companies must speed up time-to-market, optimize costs, and enhance business models while remaining competitive, and complying with a stringent and mercurial regulatory environment. Jade Global's Managed Services  model uses innovative processes and tools to help Life Sciences companies achieve Continuous Compliance of their Enterprise Systems. Life Sciences companies operating in a GXP regulated environment must maintain ongoing compliance of their Enterprise systems supporting core business processes. Need for Continuous Compliance Management for Enterprise Systems: Enterprise Systems constantly go through changes triggered either via New Business requirements, periodic Software/Infrastructure updates that need to be governed via a robust change management proce...

Solving the frontend framework dilemma, 2021 Over the last decade, we saw drastic changes in how we go about building web interfaces. Along with HTML CSS, JavaScript has emerged as a language allowing us to create a lightweight, fast, and interactive web application. This has led developers and architects to shift more and more of their business logic to the frontend. The transformation was well guided by frontend libraries and frameworks that have evolved over the years. One of the earliest libraries was jQuery, which helped developers easily manipulate the DOM without worrying about browser compatibility. However, jQuery lacked the capability of handling data consistently over the different views. To tackle this, we saw several frontend libraries coming to the market around 2010-11—backbone JS, Knockout JS, and Ember JS, to name a few. However, the most popular of them all was launched by google as Angular JS. This MVC framework offered easier two-way data binding and in-...

What is Tableau CRM? Many enterprises have leveraged Salesforce out-of-the-box reports and dashboards to understand their data and performance for years. However, data size has been increasing rapidly daily; analyzing the data manually has become a bigger challenge; subsequently, analytics have become more critical than ever before. Learn more about Salesforce CRM implemetation   Tableau CRM (Formerly known as Einstein Analytics) was introduced to address this challenge. It's an AI (Artificial intelligence) powered advanced analytics solution which works with any data source. The AI-powered Einstein Discovery, Einstein Analytics apps analyze billions of data combinations and provide predictive insights and prescriptive recommendations to the users. Tableau CRM provides analytic experiences in sales, service, and marketing to quickly take business decisions and actions. This platform is also optimized for mobile use. Why Tableau CRM? The key differences between Tableau C...

Introduction: Oracle Revenue Management Cloud Service (ORMCS) is one of the fastest growing Cloud services offered by Oracle for ASC 606 implementation. ORMCS can be taken as a standalone service or a Bundle Service as it stays on the same fusion SaaS stack. The latest version 20D is now supporting direct data Integration from Fusion Order Orchestration, Fusion Account Receivables, Fusion Subscription Management & Fusion Contract. This blog is based on the options available to implement Variable Consideration in ORMCS. Let us first walk you through a few key concepts. What is Variable Consideration in ASC 606? Variable Consideration occurs when an organization originally estimates contract terms at the inception of the contract, and later the organization needs to adjust the initial estimate. In ORMCS, this concept is known as Estimate Correction. Estimate Correction can be Term adjustment, Sell Price Adjustment, Quantity adjustment, or Material impact. ...

Save A Lot, a retail giant in the United States and a Jade Global client is now witnessing an onset of modernization in a large part of its IT system. Jade Global has been a strategic partner of Save A Lot for quite some time. Recently, Jade Global successfully executed the 1st installment of the IT transition project to change existing banks to new banks for Save A Lot. There were major changes involved in Oracle Fusion and the Middleware - that consists mainly of Boomi and Azure as the technology stack. Integration between new Banks and Save A Lot Finance systems was implemented. Learn more Oracle fusion Procurement This blog focuses on designing one of the middleware components – Azure Service Bus, which was newly adopted for Save A Lot IT technical landscape. About Azure Service Bus: What is Azure Service Bus:  Microsoft Azure Service Bus is a fully managed enterprise integration message broker. The messaging service is hosted on the Cloud and is available as Azure Clou...

Introduction: Collections are one of the vital functions of each organization. Organizations with a modern and efficient collection process are more productive, disciplined in nature, and enjoy good relationships with customers. They are good at financial compliance and corporate reporting. They provide accurate and real-time information. Oracle Cloud Advanced Collection,  which is part of Oracle Cloud Financials offering, provides a complete and integrated solution to all collection needs of an organization like dashboards for monitoring collection activities, managing delinquencies, promises, bankruptcy, disputes, customer scoring, Collection metrics, strategies, and tasks. Key Features of Cloud Advanced Collection: Interactive dashboards for detail and real-time information:  The collection dashboard provides different infotiles with summarized information related to delinquency, promises, strategies, and activities, further drilled down to detailed information....

Hyperion Planning 11.1.2.4 Spreadsheet Like Interactivity with larger data sheets Rapid loading of larger forms Quick cell to cell navigation & scrolling End user being able to extend the model Adding member on fly Embedded advanced predictive planning Time series forecasting with even more history Learn more about  oracle hyperion implementation consultant Futures Auto calculation Sandboxing Excel like formula Increased leverage of statistical modelling Driver based prediction Risk driven planning Hyperion HPCM 11.1.2.4 New Ledger Model Type Tighter integration with HFM/ GL Analysis support for management Extended leverage of EXA platforms for performance Parallel calculation enhancements Operational transfer pricing solution Hyperion HFM 11.1.2.4 DCOM not more Platform independent Windows and Linux (Exalaytics) support Significant performance improveme...

Oracle Financial Consolidation and Close Cloud Service (FCCS) is the newest addition to the Oracle EPM Services . FCCS is a solution to streamline the accounting activities associated with the month-end financial close. FCCS leverages Oracle’s experience with financial processes. This article outlines the key areas of Oracle FCCS: Top Features of FCCS including Integrated Close Analytics and Improved User Experience The FCCS Transparent Close Processes Integrated Workflow Process-concentric Financial Close   FCCS Consolidation & Reporting Process     What Does FCCS Include?   Features of Financial Consolidation & Close Cloud Services Close and Consolidation : Cash flow, Balance sheet, Income statement, Rollovers, Call-to-Actions, and more are automatically calculated. Leverage multi-GAAP driven with full currency support, inter-company eliminations, equity eliminations, adjustments, and applications detailed dat...

Jade Global is thrilled to announced that we are Silver Sponsors and presenters at the Oracle Modern Business Experience (Oracle MBX) from March 19th-21st! Our team of Oracle Certified Specialists is heading to the Mandalay Bay Convention Center for 3 days to share our expertise at Oracle’s largest-ever event dedicated to finance, human resources and supply chain. The Oracle MBX is a fusion of previous years’ Modern Finance Experience, Oracle HCM World, and Modern Supply Chain Experience Conferences. Learn more about  Oracle Integration   Jade Global’s team of trained and certified consultants are bringing a high level of Cloud and EBS expertise to Oracle MBX. Our Kiosk LOM-08* is located in the Logistics and Order Management section of the exhibition showcase where our experts are available to answer your questions surrounding Cloud Manufacturing, Cloud Planning, Revenue Management, Cloud Order Management and Cloud Pricing Strategy.   Furthermore, Jade Global’s k...

Here at Jade Global, we’ve created a culture of transparency that is critical to our mission of ensuring 100% customer satisfaction. We understand that customer time and attention are both scarce resources, so with each service that we provide, we ensure open communication, unparalleled work ethic, and keep all parties informed. Learn more about  Oracle Cloud PLM The following success story outlines our customer’s journey from early information gathering, where we learn about their challenges and business requirements, followed by Jade’s solution design, delivery, oracle cloud implementation services and beyond. This customer is a midsize innovative service provider in the petroleum industry. Jade ultimately migrated their reporting to Oracle PaaS utilizing an Oracle Business Intelligence Solution, Oracle Analytics Cloud (OAC). However, before we get to the solution, let’s begin with the background story. About the Customer This customer delivers real value in the Oil & G...

When it comes to the financial close, stakeholders and regulatory bodies require speed and accuracy. By implementing Oracle Financial Consolidation & Close Cloud Service (FCCS), your organization can focus on core business needs, and eliminate the cost and dependencies of infrastructure overhead.  Oracle Services FCCS allows companies to deliver financial and non-financial data to all stakeholders with precision and reliability.   One of the key features of Oracle FCCS is the built-in balance sheet movement translations with FX/Cumulative Translation Adjustments (CTA) Calculations. This option is only available for multi-currency applications. The applications can be configured to include the CTA account in the balance sheet, or in comprehensive income. This blog outlines the process of performing CTA translation adjustments in Oracle FCCS.   CTA  Account System allows to capture FX information in a separate CTA account for all of the historical accounts. ...

New Enterprise Performance Management Mobile Application ‐ A new smart phone based application that: Enables on‐the‐go review and approval by managers and executives Provides users with easy access to key business information for faster decision making and improved process flow Allows approvals and workflow across Planning, Financial Management, and Tax Provision Offers a consistent user experience across Oracle EPM cloud products by leveraging Oracle Application Development Framework (ADF) mobile technology Supports Apple and Android phones available for download from the Apple App Store and Google Play Store. Enterprise Planning ‐ Significant enhancements on Hyperion Planning, including: New Planning user experience optimized for tablet devices Preserve Microsoft Excel formatting in planning forms Predictive Planning support for Planning ASO cubes Financial Close ‐ Key functional and usability enhancements are delivered as part of this release. Fi...

ASC 606 has emerged as the Revenue Management Framework jointly developed by Financial Accounting Standard's Board (FASB) and International Accounting Standards Board (IASB). After initial difficulties for investors, this was done to compare the financial statements across the industries due to an inconsistent revenue recognition process and lack of standardization. It has become a mandate to manage/account and report the revenue as per ASC 606 revenue accounting standards to overcome these challenges. Download whitepaper:  ASC 606 REVPRO Exception Re-Processor (APEX)

ServiceNow has introduced a Safe Workplace Suite model that will help organizations reopen their workplaces smoothly and swiftly. This module implemented by ServiceNow will help organizations understand the importance of a safe workplace. Once the employer-employee corporate space gets well acquainted with this, it will also help support the government. If we know the risks, we can try our best to prevent any disease spread through our Workplace. Download whitepaper:  ServiceNow Safe Workplace Suite

Advance Shipment Notice (EDI-856) Process This whitepaper describes the best practices of ASN (Advance Shipment Notice) generation with Oracle EDI. An electronic notification (ASN: Advance Shipment Notice) of an upcoming delivery, directly from a supplier or third-party logistics company to a buyer, in advance of the shipment based on the trading partners' requirements, which includes order information. Download whitepaper here -  Advance Shipment Notice (EDI-856) Process

This document describes ‘How to use Automatic ACH Receipt Batch Creation Process’ functionality as provided in Oracle Cloud application. To use Automatic ACH Receipt Batch Process there should be a pre-existing agreement between you and your customer to process payments via ACH for Automatic receipts. The commonly used format for Transmission to Bank is NACHA. Through NACHA Format, Bank gets the necessary data points and transfers the funds from customer’s bank account to your bank account as a part of the remittance process. Download whitepaper -  Automatic ACH Receipt Batch Creation Process

During this unprecedented time of the pandemic, the risks associated with business operations are at the peak. While many of the smaller firms are getting washed out by the crisis, larger companies with futuristic vision are well prepared to convert these risks into opportunities yielding optimum advantages. Accelerated innovation and execution by stakeholders remain the kingpin in this never-seen-before situation. Broadly, there are three ways these high tech companies ranging across the software, hardware, and IT services domain can tap on the crisis-induced opportunities: Download whitepaper:  Fully Connected Contactless Businesses Driven by Hi-Tech Companies

This document describes the strategy to migrate Security Job Roles from one POD to another. In this white paper, you will learn how to plan and execute a successful Security Role Migration in Oracle Cloud Security. We often face challenges at different stages while implementing Cloud ERP Project as it involves the creation of Security Roles and privileges again on the next POD. This applies to Fusion Cloud Security. Download whitepaper -  Oracle Cloud Security - Migrating Security Roles from one POD to Another

The One Time Payment feature facilitates seamless processing of payments for transactions from third party external systems. The feature allows transactions to be imported into payables from external systems such as payment requests using a predefined FBDI template. The payees and any bank account information for electronic payments are created automatically when transactions are imported into payables.  One Time Payments are used to pay other parties without creating a Supplier, Supplier Address, Sites, Site Assignments. Download whitepaper:  Oracle Cloud One Time Payments