Delivering World Class Enterprise Performance Management<br />Robert Håkansson<br />Enterprise Performance Management, Sal...
Disclaimer<br />This document in any form, software or printed matter, contains proprietary<br />information that is the e...
Agenda<br />Overview Enterprise Planning<br />Overview World Class Close<br />Solution Overview<br />Contact Oracle Today<...
<Insert Picture Here><br />Overview Enterprise Planning<br />Copyright © 2011, Oracle and/or its affiliates. All rights re...
Achieve a World Class Enterprise Planning Process<br />Forecast/model strategic possibilities<br />Select strategies<br />...
Critical Components to Implement Planning Best Practices<br />Copyright © 2011, Oracle and/or its affiliates. All rights r...
Reduce Modeling Time From Days to Hours<br />Fortune 500 energy company and nation’s leading supplier of competitive elect...
<Insert Picture Here><br />Overview of the Financial Close Process<br />Copyright © 2011, Oracle and/or its affiliates. Al...
Achieve a World Class Close<br />Deliver self service reporting to the organization for performance discussions and plan r...
 Standard Account Recon
 Sub Ledger Recon</li></ul>Post Accruals<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved.        ...
Critical Components to ImplementFinancial Close Best Practices<br />CFO Dashboard<br />Governance, Risk & Compliance<br />...
First to Report on the Dow Jones <br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved.               ...
Enterprise Performance Management<br />SolutionOverview<br />Copyright © 2011. Oracle and/or its affiliates. All rights re...
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Enterprise Performance Management

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Oracle Hyperion, Planning, Budgeting, Reporting and Consolidation

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  • Here is the big picture of our enterprise planning solution, that connects financial planning and operational planning.Hyperion Planning is the core solution for budgeting and forecasting plus the specialized modules for workforce and capital assets planning.HSF adds value for longer term financial planning to better manage cash flows and capital investments. Which is top of mind for CFOs and CEOs.Enterprise Planning ensures that the financial plan is in line with operational plans. The benefit is that companies can better manage the impact of operational drivers like materials, labor and transportation costs on product margins. And because it’s a prepackaged solution customers can deploy it fast: it comes with predefined operational models for materials, capacity, labor and transportation, pre-built reports and dashboards in OBIEE and integration with Hyperion Planning to capture financial targets and assumptions.One of our key differentiators is that we provide predictive modeling capabilities to manage the risks in business plans. Especially in today’s uncertain times this is critical for managers to understand. This is based on the EPM integration with Crystal Ball.
  • Walk your audience through this process. Explain that this is Oracle’s vision for an efficient and linear close process that can deliver a world class process.Begin with the sub-ledgers and explain each chevron and how they relate to each other. Note that in data assurance we bring together ALL financial data required to meet the reporting needs of every stakeholder in the organization. You may also note that traditionally 50+% of financial data does not exist in a General Ledger (i.e. Plan/Fcst, Headcount, Lease, etc.).Notice that there are not reporting silo’s. Management and External reporting are both included as part of the process. Thereby eliminating cumbersome reconciliations and unnecessary efforts.
  • Here is the big picture of Oracle’s Financial Close solution. The solution encompasses all the areas impacted by the close, introduces automation, visibility and workflow managing the process from transactions through to reporting.Hyperion Financial Management is the core of the solution which manages the ‘financial consolidation’ and delivers automated reporting to all stakeholders. Financial Data Quality Management ensures that the data sets are complete, valid and timely.GRC ensures that the financial governance policies are enforced with required controls and testing.FCM will manage all tasks, assignments and due dates across all applications in the close from transaction systems like SAP and EBS through HFM and Disclosure ManagementDM will manage the creation of the key financial documents like 10Q/K, bank covenant documents, etc. The solution manages the assignment of all disclosures, due dates, workflow and versioning for these key documents that can not be wrong. Today these processes are mostly manual in organizations.Tax calculation and filings are managed with 3rd party solutions like Corptax and Tax Stream. However we have a pre-built tax adapter to make the integration easy.
  • EPM is about three areas:Common Information Access:MS Office, Web, Reporting and AlertsEPM SystemStrategic PlanningPlanning &amp; ForecastingFinancial CloseProfitability ManagementCommon Integration &amp; Analysis:Common Administration, Data Quality (Common Calculations and FDM), Dimension Management (consistent dimensions) and Oracle Essbase
  • Enterprise Performance Management

    1. 1. Delivering World Class Enterprise Performance Management<br />Robert Håkansson<br />Enterprise Performance Management, Sales Representative<br />+46 767 234 292<br />Robert.hakansson@oracle.com<br />
    2. 2. Disclaimer<br />This document in any form, software or printed matter, contains proprietary<br />information that is the exclusive property of Oracle. Your access to and use of this<br />confidential material is subject to the terms and conditions of your Oracle Software<br />License and Service Agreement, which has been executed and with which you agree to<br />comply. This document and information contained herein may not be disclosed, copied,<br />reproduced or distributed to anyone outside Oracle without prior written consent of<br />Oracle. This document is not part of your license agreement nor can it be incorporated<br />into any contractual agreement with Oracle or its subsidiaries or affiliates.<br />This document is for informational purposes only and is intended solely to assist you in<br />planning for the implementation and upgrade of the product features described. It is<br />not a commitment to deliver any material, code, or functionality, and should not be<br />relied upon in making purchasing decisions. The development, release, and timing of<br />any features or functionality described in this document remains at the sole discretion<br />of Oracle.<br />Due to the nature of the product architecture, it may not be possible to safely include<br />all features described in this document without risking significant destabilization of<br />the code.<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 2<br />
    3. 3. Agenda<br />Overview Enterprise Planning<br />Overview World Class Close<br />Solution Overview<br />Contact Oracle Today<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 3<br />Magic Quadrant for <br />Corporate Performance Management SuitesSource: Gartner (March 2011)<br />
    4. 4. <Insert Picture Here><br />Overview Enterprise Planning<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 4<br />
    5. 5. Achieve a World Class Enterprise Planning Process<br />Forecast/model strategic possibilities<br />Select strategies<br />Set targets<br />Include operational detail and model variability of financial plan<br />Update forecast with latest budget and actuals<br />Assess and Manage Risk<br />Evaluate Financial Performance<br />Update strategic plan with latest forecast<br />Seed targets to annual operating plan<br />Start annual process<br />Evaluate resource and capital requirements<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 5<br />
    6. 6. Critical Components to Implement Planning Best Practices<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 6<br />Predictive Modeling & Simulation<br />Workforce Planning<br />Long-Term Financial Planning<br />Functional Plans<br />Capital AssetsPlanning<br />Operational<br />Revenue & Cost<br />Modeling<br />Project<br />Planning<br />Marketing<br />Planning<br />Planning, Budgeting & Forecasting<br />Financial<br />Detail<br />Operational<br />Detail<br />
    7. 7. Reduce Modeling Time From Days to Hours<br />Fortune 500 energy company and nation’s leading supplier of competitive electricity to large commercial and industrial customers. <br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 7<br />
    8. 8. <Insert Picture Here><br />Overview of the Financial Close Process<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 8<br />
    9. 9. Achieve a World Class Close<br />Deliver self service reporting to the organization for performance discussions and plan realignment<br />Gather and validate complete data sets to support all financial reporting needs (i.e. Legal Entity, Segment, Management, Tax, Sustainability Metrics, etc.)<br />Automate and deliver Edgar & XBRL filings, Statutory filings, Tax, etc.<br />Close Sub Ledgers into GL (i.e. AR, AP, FA, etc.)<br />Automate external reporting gathering disclosures and financial information<br />Automate consolidated financial reporting leveraging multiple hierarchies/dimensions and calculations (i.e. CTA, FASB, KPI’s, FX, Retained Earnings, Topside Entries etc.) <br />Perform Reconciliations<br /><ul><li> Bank Reconciliations
    10. 10. Standard Account Recon
    11. 11. Sub Ledger Recon</li></ul>Post Accruals<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 9<br />
    12. 12. Critical Components to ImplementFinancial Close Best Practices<br />CFO Dashboard<br />Governance, Risk & Compliance<br />Financial Close Workflow<br />Data<br />Assurance<br />Tax<br />Filing<br />Tax<br />Calculations<br />Financial<br />Consolidation<br />ERP: <br />Oracle, SAP, <br />Legacy, Other<br />Financial andMgmt. Reporting<br />DocumentManagement& Filing<br />Transactions<br />Reporting<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 10<br />
    13. 13. First to Report on the Dow Jones <br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 11<br />The world’s leading producer of primary aluminum with $23.5 billion in revenues with operations in 43 countries and 350 locations. Alcoa has over 131,000 employees.<br />
    14. 14. Enterprise Performance Management<br />SolutionOverview<br />Copyright © 2011. Oracle and/or its affiliates. All rights reserved. 12<br />
    15. 15. Oracle EPM Connects Management Processes<br />Copyright © 2011, Oracle and/or its affiliates. All rights reserved. 13<br />Common Reporting & Interaction<br />Strategic Planning<br />Planning & Forecasting<br />Financial Close<br />Profitability Management <br />Common Integration & Analysis<br />Data Quality and Consistent Dimensions<br />
    16. 16. Contact Oracle Today<br />Robert Håkansson<br />Enterprise Performance Management, Sales Representative<br />+46 767 234 292<br />Robert.hakansson@oracle.com<br />

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