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Centre Sustainability Reporting Demo
 

Centre Sustainability Reporting Demo

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Everything on the new Sustainability reporting application

Everything on the new Sustainability reporting application

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    Centre Sustainability Reporting Demo Centre Sustainability Reporting Demo Presentation Transcript

    • The Sustainable Performance Management CompanyFrom EPM to SPM Training 1 Experts in Enterprise Performance Management
    • Agenda of today Training• Introductions• Introduction to Sustainability • What is Sustainability? • Explanation of the GRI • How did the HFM starter kit come about • Telenor (the challenges, Business case & results/benefits they achieved)• Demonstration of the HFM Starter Kit – Including tips on what to demo etc• Questions 2 Experts in Enterprise Performance Management
    • Introducing Centre Consulting & SucabaCentre Consulting and Sucaba are Our offering on Oracle EPM Delivering Excellence in Performance Managementcommitted to the Oracle|Hyperion We are specialized in the detailed processes around the collection, Focus on the CFO Strategyapplications. consolidation and reporting of the following data flows: Drive BPM/EPM service provision - Performance management and measures at the corporate centre; Differentiate through process and organizational change - Management reporting & consolidation; Excellence in technology application - Planning, budgeting and forecasting; - Regulatory and statutory reporting & consolidation. - Sustainability reporting -Solvency II -Disclosure Management The range of services includes: - Package selection; - Project management; - Process improvement; - Implementation services; -Training and rollout support. - Implementation, configuration, quality assurance - Application hosting - Application maintenance 3 Experts in Enterprise Performance Management
    • Introducing Sucaba, The Technical heart of EPMSucaba is committed to the Oracle Our Companyapplications. Sucaba is a Swedish owned and managed IT services and consulting company situated in Stockholm and operating mainly in Europe. SinceOur consultants are specialized in 2004 we are 100% focused on Oracle EPM/BI (Enterprise Performanceall technical aspects of not only the Management/Business Intelligence).Oracle Hyperion environment but The majority of our consultants have a background from having worked atalso to your complete Hyperion Solutions and typically have 5-10 years experience in their field of expertise. To date we have installed/upgraded more than 100infrastructure. Oracle/Hyperion EPM environments.Strong and growing market share We offer a variety of Oracle EPM-related business services such asin Europe. Infrastructure Design and Installation/Configuration, Application development, Training, Infrastructure and Application Maintenance Support as well as Infrastructure hosting. Our approach focuses on delivering tangible business results rapidly, then extending and maximizing your IT investment over the entire solution life cycle. Sucaba is a financially healthy organization with no external investors. We are an Oracle Gold Partner and their preferred EPM partner in the areas of technology and application, having recognized ability to design, develop and support solutions based on a wide range of Oracle products and technologies. As an Oracle Gold Certified Partner we are offered access, training and support for our continued development. 4 Experts in Enterprise Performance Management
    • Introducing Centre Consulting, The Functional heart of EPMCentre Consulting is committed to Our Company Delivering Excellence in Performance Managementthe Oracle|Hyperion applications. Founded in 2005 and originating from IBM Business Consulting Services Focus on the CFO Strategy (former PWC Consulting), Centre Consulting is focused on theOur consultants are specialized in improvement of Enterprise Performance Management and group finance Drive BPM/EPM service provisionHFM, HP / Essbase, FDQM and processes. For that time Centre has built solid positions on the Benelux, Differentiate through process and organizational change English and Nordic markets.MDM. Excellence in technology application The company consists of a team of trained and certified consultantsStrong and growing positions in the mastering the art of performance management and analytics with a focusWestern and Northern European on group finance and integration of business and information technology.markets. Centre is a financially healthy organization with no external investors. We are a pragmatic company with short communication lines and a strong plan-do-act mentality. We are therefore able to deliver rapid best-in-breed services at competitive prices. Our solution approach leads to long lasting customer relationships. Centre and Sucaba are preferred partner of PWC. Centre Consulting strives to remain one of the market leaders in the EPM area and to maintain close, long-term relationships with its customers and partners. 5 Experts in Enterprise Performance Management
    • Innovating EPMCentre is the builder of the following innovating solutions:•Oracle Hyperion Sustainability starterkit•Oracle Hyperion Planning Rapid Starter Kit (PRS)•Oracle Hyperion QMR (starterkit for Solvency2)•Designed by us, build by us, supported by Oracle 6 Experts in Enterprise Performance Management
    • Confusing Terminology Training Corporate Sustainability Social Responsibility 7 Experts in Enterprise Performance Management
    • WHAT IS SUSTAINABILITY? TrainingSustainability is a business approach that creates shareholder value by embracingopportunities and managing risks deriving from economic, environmental and socialdevelopments.Content, process and standard reporting applicationIn close cooperation with Telenor, Centre Consulting developed a solution for organizations to collect, validate and consolidate the required sustainability reporting dataset. This unique solution will help to harmonize and standardize the current sustainability reporting in large organizations and will replace the existing MS Excel worksheets with a proven standard application. The application will support the sustainability reporting processes and will improve the quality and speed of the reporting processes. 8 Experts in Enterprise Performance Management
    • Global Reporting Initiative (GRI) TrainingThe Global Reporting Initiative (GRI) is a network-based organization that produces a comprehensive sustainability reporting framework that is widely used around the world. GRI is committed to the Framework’s continuous improvement and application worldwide. GRI’s core goals include the mainstreaming of disclosure on environmental, social and governance performance.GRIs Reporting Framework is developed through a consensus-seeking, multi- stakeholder process. Participants are drawn from global business, civil society, labor, academic and professional institutions.• Over 1700 Registered Reports with GRI in 2010• Economic, Environmental, Social Reporting• Defines >80 Metrics 9 Experts in Enterprise Performance Management
    • Sustainability Data Comes from Financial, Operational and Other Systems Training Corp Sust. Corp Report Financial Operational Functions Metrics Metrics Divisions Risk Stakeholder Economic Environmental Social management Engagement Performance performance Performance Policies Energy, Process CRM, Operations Sourcing ERP F&C Facility HR monitoring control SCM mgmt 10 Experts in Enterprise Performance Management
    • The Tools Approach Falls Short Spreadsheets Text Documents Email Desktop Publishing Point Solutions Missing: Workflow Approvals Validations Audit Trails Repeatable Process 11 Experts in Enterprise Performance Management
    • Growing Executive Interest Sustainability Operational Risk and Reporting Excellence Compliance CSO/CSR VP-Operations CFO Communications VP/Director - S&OP HSE CEO/CFO Energy&Facilities Mgr Legal• Key Pain Points • Key Pain Points • Key Pain Points • Increasing demand for reporting and • Energy cost control and reduction • Lack of accurate and integrated analysis of environmental data • Environmental and carbon data environmental data • Stakeholder pressure on sustainability collection from multiple assets and • Compliance to growing trends of issues systems mandatory GHG regulation requiring • Operational excellence of facilities and • Brand protection customers to report emissions. data centers • Manual data processing & collection • Key Requirements error-prone • Key Requirements • Accuracy of data, quality and • Accuracy of data, quality and• Key Requirements comparability comparability • Quick reporting creation • Compliance with regulatory mandates • Actionable business metrics • Accuracy of data, quality and and auditability of Sustainability and • Accountable supply chain with comparability embedded sustainability environmental reporting • Compliance with tightening regulatory • Risk mitigation • Reduction of energy, fuel usage and pressure emissions • Response to stakeholders pressure • Cost reduction and positive impact on • Positive brand recognition and the bottom line reputation 12 Experts in Enterprise Performance Management
    • Sustainability Reporting Resembles Financial Reporting• Hierarchies of accounts• Data collected by entities per period• Data aggregated according to rules• Processes and data may need to be audited• Needs to support analysis and scenario planning• Documents may be associated with particular values• Ultimately needs to be publishable 13 Experts in Enterprise Performance Management
    • The Hyperion Financial Management Solution Training Reporting & Analysis Tools Report/Model/ Analyze/Benchmark FINANCIAL NON-FINANCIAL Cash Balance P&L Flow sheet Environment Economic  ROCE  EBITA +  P/E Social  etc. Capture Report Oracle Hyperion Financial Sustainability Reporting Store Management Application 14 Experts in Enterprise Performance Management
    • Oracle Hyperion Financial Management Sustainability Reporting Starter KitCapabilities – Collects and Consolidates Data from Multiple Systems and Units – Ensures the Accuracy and Auditability of Sustainability Reports – Aligns Sustainability Reporting with Financial ReportingKey Features – GRI-based Chart of Accounts and Task Lists – Pre-Built Web Data Entry Forms, Direct Data Integration – Pre-Built Conversion Calculation Rules – Full audit trail, process management and securityAdvantages – Single system for financial and non-financial reporting – Leverage existing investments in Hyperion Financial Management – Deploy quickly with pre-built application 15 Experts in Enterprise Performance Management
    • Leveraging Hyperion Financial Managment Environmental Data Collection and Reporting Operational Applications OBIEE Hyperion Financial Management Environmental Fin. Reporting Social Metrics Economic Metrics Financial Results Validations & Controls Audit TrailsWeb Data Entry Forms Smart View/Excel 16 Experts in Enterprise Performance Management
    • The solution for your Sustainability Reporting needs • Centralized administration ofTraining Emissions (one version of the truth) all CO2 • Automatic calculations for all CO2 Emissions • Automatic aggregation of all reporting units • Simplified reporting process (no errors, predefined formats) • Local reporting units have access to output reports for analysis • No manual interactions / calculations needed, everything is taken care of • Change focus from checking and adjusting spreadsheets towards focus on analysis ONE version of the Truth 17 Experts in Enterprise Performance Management
    • Business Case •3 main objectives: •Build a good, easy system •Build a sustainable process •Reduce the reporting burden 18Experts in Enterprise Performance Management
    • Primary business drivers Training• Increasing reporting burden• demand for non-financial data• Significant resources and man-hours spent• Cumbersome consolidation in Excel• Focused on data checking, instead of analyzing and utilizing data• Excel: • poor version control • limited process control • No audit trail • No flexibility • drill down • dynamics 19 Experts in Enterprise Performance Management
    • Goals for professionalization Training• Streamline reporting processes• Consistent scope and boundaries• Need for discipline and accountability• Improving: • Data quality • Coordination • Timing of reporting 20 Experts in Enterprise Performance Management
    • Key Project Objectives TrainingThe key objectives of the project were:• User friendly system, that is: • Dynamic • Automated • Flexible• Develop a sustainable and standardised reporting process• Optimise the reporting scope and set clear boundaries• Reduce resources and cost spent on Sustainability Reporting, while improving data quality and transparency 21 Experts in Enterprise Performance Management
    • Business impact Training• A professional and sustainable process• Reduction of the reporting burden• Focus on using and analyzing data• No “black box” in terms of calculations• Customer had the ability to fit another discipline of reporting into the Oracle strategy• Corrections to data can be done quickly• Ability to analyze data in an easy and flexible way Group Sustainability Reporting has evolved from Excel spreadsheets to a foundation for integration of financial and non-financial reporting and complianceEstimated Cost Savings can be up to NOK 1.8 million & 311 FTE days over a 5 yearsThe estimated annual efficiency improvement is 6% in year 1, and 20% from year 2 22 Experts in Enterprise Performance Management
    • Sustainability Reporting based on Oracle Hyperion Financial Management -Overview & demonstration tips of the Sustainability Reporting application 23 Experts in Enterprise Performance Management
    • 24Experts in Enterprise Performance Management
    • 25Experts in Enterprise Performance Management
    • 26Experts in Enterprise Performance Management
    • 27Experts in Enterprise Performance Management
    • Administration – Tasklist guidance Training 1. 2. 3. 1 = Corporate Administration 2 = Local Administration 3 = GRI Data Entry and 28 documentation Experts in Enterprise Performance Management
    • Administration – Units of Measure Training 29 Experts in Enterprise Performance Management
    • Administration – Default Conversions TrainingDefault conversions are predefined in the application. The administrator canalways make exceptions by overriding these conversions. An reporting entity itselfcan also override these conversions.How this override process works is shown in the following sheets. 30 Experts in Enterprise Performance Management
    • Conversions Conversion factors Training Conversion factors may be entered to a data entry form or loaded from a data file on an annual basis. It is anticipated that the same conversion factors will be used throughout an annual reporting cycle although these factors may change from year to year. Conversion factors must be entered for each energy source in use (e.g. coal, natural gas, diesel etc.). The conversion factors provide the conversion ratio from weight or volume of source energy into a measure of energy and a measure of the greenhouse gasses emitted upon consumption. Energy sources may be measured by weight (e.g. metric tonnes, kilograms), volume (e.g. cubic metres, litres) or energy (e.g. mega-joules, kilowatt-hours, therms). A conversion factor must be provided for any weight or volume UOM used, or the calculations of energy consumption and greenhouse gas emissions will be incomplete. Weight and volume factors may be entered in one of three combinations (weight and volume, weight and density or volume and density). For further details of this setup, please refer to the Sustainability Reporting Starter Kit Implementation Guide. There are several categories defined in the Custom4 dimension for conversion factors: Country-specific Default Override Local 31 Experts in Enterprise Performance Management
    • Administration – Default, local and Overrides Training 32 Experts in Enterprise Performance Management
    • Administration – Default, local and Overrides Training 33 Experts in Enterprise Performance Management
    • Conversion overview Training 34 Experts in Enterprise Performance Management
    • GRI DisclosuresAccording to the GRI G3.1 Guidelines 35 Experts in Enterprise Performance Management
    • Disclosures TrainingDisclosures include three sections: Disclosures – Profile Disclosures - Management Approach Disclosures - Performance Indicators 36 Experts in Enterprise Performance Management
    • Disclosures Training 37 Experts in Enterprise Performance Management
    • Data Entry Samples 38Experts in Enterprise Performance Management
    • Data Entry - Direct conversions Training 39 Experts in Enterprise Performance Management
    • Data Entry - Units Training 40 Experts in Enterprise Performance Management
    • Data Entry - Questionaires Training 41 Experts in Enterprise Performance Management
    • Reporting - Questionaires Training 42 Experts in Enterprise Performance Management
    • Data Entry - Commentary Training 43 Experts in Enterprise Performance Management
    • Data Entry – Multi instance commentary Training 44 Experts in Enterprise Performance Management
    • Coverage TrainingThe Oracle Hyperion Financial Management application covers: Full GRI 3.0 and GRI 3.1 Guidelines Full GRI 3.0 and GRI 3.1 Performance Indicators Full GRI 3.0 and GRI 3.1 Disclosures Automated Conversions (many to many) to all thinkable Units of Measurement Scope 1, 2 and 3 emissions calculations (CDP project) Centralized administration of all CO2 Emissions Automatic calculations for all CO2 Emissions Automatic aggregation of all reporting units Simplified reporting process (no errors, predefined formats) Local reporting units have access to output reports for analysis No manual interactions / calculations needed, everything is taken care of Change focus from checking and adjusting spreadsheets towards focus on analysis ONE version of the Truth 45 Experts in Enterprise Performance Management
    • Green Summary and Take-Away’s Training • Environmental and sustainability reporting should be on the CFO’s radar screen • Improve stakeholder communications, brand image, green capital, reduce costs, improve performance • Spreadsheets and manual processes are inefficient, error prone, won’t pass external audit • Market is moving towards integrated financial and sustainability reporting • Streamline the process using existing technologies and skills where-ever possible 46 Experts in Enterprise Performance Management
    • Training 47Experts in Enterprise Performance Management
    • Green Reporting Resources Global Reporting Initiative: http://www.globalreporting.org/Home Carbon Disclosure Project: https://www.cdproject.net/en-US/Pages/HomePage.aspx International Integrated Reporting Initiative: http://www.integratedreporting.org/ 48 Experts in Enterprise Performance Management
    • www.centreconsulting.nl Patrick Fiolet: Patrick.Fiolet@centreconsulting.nl +31 (0)6 43 379 756 Michel Schoolenaar: Michel.Schoolenaar@centreconsulting.nl +31 (0)6 2111 7445This is a proposal document and does not constitute a contract of engagement with Centre B.V.. The information set out in it is an indication of the terms on which we propose to carry out the Oracle Hyperion Replacement andImplementation program for you but the proposal is subject to the terms of any subsequent engagement contract that may be entered in to between us. In the event that our proposal to you is successful, our acceptance of theengagement will be contingent upon the completion of all our internal engagement acceptance procedures.© 2010 Centre Bv.. All rights reserved. 49 Experts in Enterprise Performance Management