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Improving Enterprise Performance In The New Economic Climate
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Improving Enterprise Performance In The New Economic Climate


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  • Speaking Notes:
  • Over 2,200 Customers Centralized, scalable thin client Web-based interface Powerful workflow to manage the complexity of the budgeting process Flexible modeling and business rules owned by finance Fully integrated budgeting module including balance sheets and cash flows Powerful reporting and analysis - much more than just preparing the budget 20+ years experience providing best practice, financial, process, currency and reporting functionality. Offers the ability to translate the strategic plans of the company into operational targets Fully integrated workforce and capital planning
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    • 1. Improving Enterprise Performance Management Len Romano – Regional Director
    • 2. TopDown Consulting, Inc.
      • At a Glance
        • Oracle Certified Advantage Partner
        • Over 400 successful customers globally
      • Differentiators
        • Experts in EPM and BI solutions
          • Financial Reporting and Close Cycle
          • Planning, Forecasting, and Modeling
          • Operational Reporting and Analysis
          • Scorecards and Dashboards
        • Proven Project Success Methodology ™
        • Infrastructure and Technical Expertise
        • TopDown Migration Manager ™
      Create Strategic Vision Define Project Goals Implement Solutions Develop Client Expertise Quantify Success SUCCESS RECOGNITION VALUE ACHIEVEMENT CONFIDENCE
    • 3. Defining Enterprise Performance Management
      • Set of integrated, closed-loop management and analytic processes, supported by technology, that address financial as well as operational activities
      • Enables businesses to define strategic goals, and then measure and manage performance
      • Core processes linked to organizational strategy
        • Financial and Operational Planning
        • Consolidation and Reporting
        • Modeling & Analysis
        • Monitoring of KPI’s
    • 4. EPM Vision Extend Operational Excellence to Management Excellence Time Competitive Advantage OPERATIONAL EXCELLENCE MANAGEMENT EXCELLENCE
    • 5. The Balancing Act
      • Technology
        • Enables
        • Tools
      • Process
        • How and Why
        • Repeatable / Sustainable
      • Culture
        • Defines the company
        • Degree of change
      Balanced Solution T P C
    • 6. Key Drivers for Adopting EPM
      • Close the gap between strategy and execution
      • Effective performance measures
      • Compliance
        • Sarb-Ox / IFRS
        • Not a one-time exercise
        • Penalties
      • Governance, Risk and Compliance
      • Communication
        • Align business strategies for all stakeholders
      • Competitive advantages
        • Visibility and insight
        • Collaborative
      • Decision making
        • Respond vs. React
      • Confidence
        • Collaborative environment
        • Improve quality of information
      • Ownership
        • Closest to the source
    • 7. Oracle’s EPM System BI Applications OLTP & ODS Systems Data Warehouse Data Mart SAP, Oracle, Siebel, PeopleSoft, Custom Excel XML Business Process OLAP Fusion Middleware Business Intelligence Foundation BI Applications Performance Management Applications EPM WORKSPACE Web
      • Alerts
      Office Mobile Desktop Search
    • 8. Oracle Performance Management Applications Strategic Products DOMAIN PRODUCTS Strategic Planning Hyperion Strategic Finance Hyperion Performance Scorecard Oracle Crystal Ball Planning & Budgeting Hyperion Planning Hyperion Workforce Planning Hyperion Capital Asset Planning Oracle Integrated Operational Planning Financial Close Management Hyperion Financial Management Hyperion Financial Data Quality Management Cost and Profitability Management Oracle Hyperion Profitability and Cost Management PeopleSoft Activity Based Management Oracle EBS Profitability Management Oracle OFSA
    • 9. Hyperion Planning at a Glance Top Down and Bottom up Planning Driver Based Planning Workforce & Capital Asset Planning Planning Resource Allocation Budgetary Process Management Reviews and Approvals Budgeting Predictive Analysis Statistical Forecasting Scenario Analysis and Versioning Forecasting Plan vs. Actuals Exception Management Root Cause Analysis and Explanation Variance Management
    • 10. Hyperion Financial Management Global financial consolidation, reporting and analysis Collects, consolidates & reports financial results in multiple GAAPs & IFRS Consolidating Reduce the cost of compliance i.e. Sarbanes-Oxley , electronic filing, & other regulatory requirements Support disclosure requirements, such as sustainability reporting Compliance Complete audit trails 10K/Q to general ledger audit trail, providing confidence in the numbers Auditing Powerful reporting and analysis tools Deliver timely results internally and externally Reporting
    • 11. Hyperion Workforce Planning Plan salary and other compensation Add and delete new hires Integration with external HR systems Planning Budget for salaries and bonuses Plan projects/salary at any level Budgeting Set payroll taxes for states & years Forecast compensation for hourly employees Forecasting Manage status of existing employees Transfer employees between depts. Management
    • 12. Hyperion Capital Asset Planning Automates planning of capital assets & capital asset related expenses, such as depreciation, maintenance and insurance Planning Built-in functionality includes account structures, calculations, Smart Lists, data forms, dimensions, and menus Simulating Assess the impact of your capital expenses on your overall expenses and financial statements Assessing Modify existing capital assets with improvements, impairments, and retirements, as well as transfer capital assets from one cost center to another using multiple methods Management
    • 13. Hyperion Strategic Finance Financial modeling identifies financial impact of alternative strategies Debt Scheduler models cash flow & implications of debt Modeling Integrate long-term planning, treasury strategies and corporate development analysis Planning Deal Period functionality to simulate mergers and acquisitions Simulating Freestyle Reporting for professional-quality reports and graphs Reporting
    • 14. Dashboards & Scorecards
    • 15. Oracle Business Intelligence Enterprise Edition
    • 16. Financial Reporting
    • 17. Best Practices in Implementing EPM & BI
      • Getting Buy-in
        • CXO level to all stakeholders is critical
        • It is important to show the value to all audiences
        • Engage with a partner who has previous experiences and can present the strategic value of the solution
      • Showing Business Value
        • It’s NOT just about being able to close your books and report faster, nor is it just about being able to better plan
        • It IS about being able to gain a competitive business advantage by modeling “what if” scenarios and being more agile and nimble
        • It IS about being more dynamic and gaining the ability to to re-forecast on a monthly basis versus having an annual static budget that doesn’t take into account where things are today
    • 18. Best Practices in Implementing EPM & BI
      • Reducing the Time to “Go Live”
        • Leverage a partner with specific domain expertise in finance and reporting and previous experience with implementing Hyperion EPM and BI solutions
      • Understand Risks, Political and Cultural Impacts
        • Know and understand the potential political and culture issues in advance so they can be mitigated and eliminate resistance
      • Implement in Phases
        • Pilot, department rollout, enterprise rollout
      • Training
        • Ensure each stakeholder is successful by ensuring proper training from a knowledge expert
    • 19. Best Practices in Implementing EPM & BI
      • Documentation
        • Ensure the solution rollout is documented to ease any future changes to the system
      • Improving Best Practices
        • Build an EPM or BI Center of Excellence
        • Educate the organization on the value – i.e. how strategic financial and operational planning, workforce planning, world-class financial close, performance scorecards and dashboards, business intelligence and modeling “what if” scenarios creates a Performance Accountable Organization (PAO)
      • Choosing a Partner
        • Select a partner that covers the full spectrum of Hyperion technologies and understands how ERP fits into the picture
    • 20.
      • Reporting packages produced directly from transactional systems
      • Heavy reliance on Excel for consolidation, planning, and reporting
      • Financial and Planning Models required significant time to update, distribute, and collect data
      • Company was actively acquiring new schools globally
      • Need to improve Sarbanes-Oxley compliance & auditability
      • Lack of financial and KPI analysis and reporting
      • Define Business Requirements
      • Design, Develop, Implement, Test and Train in support of global Implementation of HFM
      • Establish data integration strategy to support HFM and Planning
      • Leverage Best Practices to define world class standardized external reporting toolsets
      • Establish SOX compliant security processes for system access and change controls
      • Improve Financial and KPI reporting and analysis utilizing OBIEE Financial Analytic Application
      • Streamlined and accelerated monthly close process
      • Established SOX-compliant security processes for system access and change controls
      • Improved Budget and Forecast process
      • Created single version of the truth with tighter Oracle EBS integration
      • Designed Dashboards and Data Warehouse to facilitate flexible & timely reporting of financial & operational data
      • Improved controls and efficiency by automating manual tasks and increasing user satisfaction
      • Architected to support future projects
      • Global Consolidation, Planning, Forecasting, Reporting, and Analysis, including both Financial & Operational Detail
        • HFM, FDM, Planning, Essbase, OBIEE, BI Applications
      Apollo Group
    • 21. Contact Information
      • Len Romano
      • Regional Director
      • (708) 453-1549
      • [email_address]