Client : Global Privacy and Security Company
About the Client
Global Privacy and Security Company is an global privacy and security company that provides consumers and businesses with advanced technologies to enable secure and private web browsing
The company’s internet privacy and security provide a virtual private network for secure web browsing which is available for various platforms, enabling users to avoid browsing restrictions, whether due to location or government crackdowns. It is headquartered in Redwood City, California.
Business Challenges
- New product launch and revenue recognition
- High volume of invoice from multiple partners
- No standard invoice format from partners
- Manual processing of invoices
- No Standardized Integration platform
- Complex account management process
- Multi Technology Stake - Cloud as well On-Premise applications
- On the fly data conversion and calculations
- Transactions with many different format files
Business Requirements
- Global Privacy and Security Company is selling its products through various third-party channels like AppStore, Play Store, Google Ads, Stripe etc
- Global Privacy and Security Company as looking for a solution that enables it to launch products quickly on various channels and capture automated revenue recognition right from the start
- Account Receivables (AR) Invoice creations for all sales happened on various platforms like Applestore, Google Playstore, Vindicia, Digital River, Stripe, Microsoft, Braintree
- Automate end to end solution of invoices created in source and syncing them into Oracle Fusion, in order to replace the existing accounting using QuickBooks
The Solution
- Automated revenue integration using Dell Boomi with oracle fusion application and automated revenue recognition with Apple, Google, Microsoft, Digital River, Vindicia and Brain Tree
- Real Time Processing with the use of Dell Boomi Web Services connectors
- Amazon AWS Bucket to fetch invoice reports and syncing records into ORACLE FUSION
- API Based approach for end to end automated solution without any manual intervention
- Bulk batch processing of data to handle the high volume transactions
The Benefits
- Improved product launch Time to Market
- Streamlined Automated invoice creations for products
- Faster, Cost effective and less maintenance platform
- Scalability and Customizable Architecture to deal with future needs or Technology upgrade
When I joined Global Privacy and Security Company in December, if you were to tell me that we would be going live on Oracle on May 1, while working from home during a global pandemic, I would have told you that you were insane and probably would have left. But I can say with high certainty, it is something that has never been done before, by any company, ever. Global Privacy and Security Company is now in can extremely small group of companies that have switched from Quickbooks to Oracle, which speaks to the determination, teamwork and winning mindset of the team.
- Nicholas Leader (Corporate Leader - Global Privacy and Security Company)