Akili Inc Oil & Gas BPC Solution on Hana
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Akili Inc Oil & Gas BPC Solution on Hana

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Akili's 20+ years of Oil & Gas projects has ...

Akili's 20+ years of Oil & Gas projects has
shaped our BPC on HANA solution to enable features such as reporting and forecasting at the individual well level and automated variance analysis or sophisticated scenario planning involving:
• Production volume forecasts
• Pricing scenarios
• Resulting revenue forecasts
• Lease operating expense
• Cash flow, debt, and interest
• Capital planning

These features combined with the benefits of HANA results in BPC environments that are in-memory optimized to yield faster performance for loading and reporting.

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Akili Inc Oil & Gas BPC Solution on Hana Akili Inc Oil & Gas BPC Solution on Hana Presentation Transcript

  • AKILI INC. OIL & GAS BPC ON HANA SOLUTION Compete like never before. Consulting Technology Performance
  • COMPETELIKENEVERBEFORE Oil & Gas Industry Challenges • In a dynamic operating environment, daily operational decisions can have significant and immediate impact on profitability, debt and cash flow. • Changing commodity markets can dramatically affect performance. • Significant capital requirements require ongoing evaluation of existing and potential opportunities.
  • COMPETELIKENEVERBEFORE The Strategic Value 3 Cash Flow & DebtInvestment Risk • CFO’s must constantly monitor and validate the company’s key metrics to ensure compliance with debt covenants and investor/shareholder expectations. • Tools to quickly evaluate investment choices and changes in the operating environment are critical.
  • COMPETELIKENEVERBEFORE Performance Management Solutions Address Financial Priorities Processes Improvement Priorities: 2011 Gartner / FEI Technology Study, John van Decker, 24 May 2011 4
  • COMPETELIKENEVERBEFORE Reasons to Invest in a Planning Solution Firms enjoying best-in-class performance share several common characteristics* • 96% of best-in-class companies are able to track actual performance against budget. • 82% of best-in-class companies have the ability to reforecast as market conditions change. • 75% of best-in-class companies have established enterprise-wide collaboration from the top-down and bottom-up during the planning process. • 70% of best-in-class companies have the visibility that allows them to drill down to successive level of detail and 60% have the ability to perform multi-dimensional roll-ups. • 34% of best-in-class companies are more likely to enable the budgeting process with technology. *Source: Financial Planning, Budgeting, and Forecasting in the New Economy. Aberdeen Group. March 2011 Anticipated ROI of 50% to 150%, and 6- to 12- month payback. Can reduce the duration of the planning cycle by 30% to 90%, and reduce the cost by 25% to 75%.” Source: 2009 Gartner-Financial Executives International Technology Survey 5
  • COMPETELIKENEVERBEFORE Oil & Gas Industry Opportunities 6 • Integrate operational systems and data into planning systems allowing a proactive response to changing operating conditions. • Use a driver based model to evaluate multiple assumptions or scenarios. • Quickly assess new opportunities. • Flow these changes through driver based models to assess the impact on profitability, debt and cash flow.
  • o Production volume forecasts o Pricing scenarios o Resulting revenue forecasts o Lease operating expense o Cash flow, debt, and interest o Capital planning • Generating reports is reduced from 1-2 days to instantaneous. • Dramatically reduced close process timeline allows for more analysis. • BPC’s user interface (Excel) is familiar to most end users. • Results in BPC environments that are in-memory optimized. • Yields faster performance for loading and reporting. • Is a platform built to handle “big data”. COMPETELIKENEVERBEFORE Business Planning and Consolidation on HANA Benefits 7 Akili’s BPC on HANA forecasting solution enables features such as automated variance analysis or sophisticated scenario planning involving:
  • COMPETELIKENEVERBEFORE Why Akili’s BPC Solution on HANA for Oil & Gas? • Akili’s Oil & Gas optimized BPC solution provides reporting and forecasting at the individual well level. • Experience complex scenario analysis running Akili’s Oil & Gas BPC solution on HANA. • Don’t waste resources developing customized applications – use Akili’s Oil & Gas BPC solution now available on HANA. • Akili’s Oil & Gas optimized BPC solution is based on our 20+ years of experience learning industry best practices. 8
  • COMPETELIKENEVERBEFORE Next Steps with Akili 9 • 12+ weeks • Requirements, Design, Build • Training • Organizational Change Management Implementation • 2 Weeks • Analyze the current state of financial planning, reporting and analysis in your organization. • Define specific goals and objectives. • Develop Business Case. • Create a Roadmap to achieve your goals. Roadmap • Outline current Enterprise Performance Management (EPM) solutions. • Discuss issues with the current environment and how BPC can be applied to these issues. • Plan for a Roadmap Workshop. ½ Day Workshop