Case Study: Pango achieves 90% faster financial closing with Jade Global and Oracle Fusion Cloud

Pango cuts financial closing time by 90% with Jade Global

Pango, a provider of online privacy and security software, was struggling with manual financial processes using an on-premise QuickBooks system. The company faced major challenges in automating accounts receivable invoicing across seven different payment platforms, leading to manual revenue booking, deferred revenue schedules, and difficult consolidation. This resulted in a lack of unified reporting, tedious reconciliations, and delayed management reports.

Jade Global implemented Oracle Fusion Cloud applications, including GL, AR, AP, and others, automating core financial processes. The solution integrated all payment platforms and automated revenue recognition. As a result, Pango achieved a 90% reduction in financial closing time, gained a single source of truth for revenue reporting with transaction-level traceability, and enabled automated consolidation across 12 legal entities in five countries.

Pango