This document provides an overview of ADI Strategies, an Oracle partner focused on EPM, OFSAA, and BI solutions. It then discusses the extended financial close process and Account Reconciliation Manager tool. Two case studies are presented: one on using ARM for financial close management at a global manufacturing company, and another on implementing a holistic reconcilation process across multiple ERP systems at another manufacturer. Key considerations for financial close projects include planning infrastructure needs, ensuring collaboration across stakeholders, and maintaining involvement of internal teams.

1. 1
Overview
of
ARM
&
Customer
Success
Stories
Alexandre
Seran

2. 2
Introduc;on
to
ADI
Strategies
§ Founded
2002
• Oracle
Pla+num
Partner
focused
on
EPM,
OFSAA
&
BI
• Financial
Planning
&
Accoun+ng
creden+als
• History
of
working
with
technology
and
advisory
services
for
15+
years
• Global
delivery
capabili+es
with
140+
consultants
§ Full
stack
of
solu;ons
and
services
from
Finance
Transforma;on
to
Maintenance
Support
§ Proven
program
management
methodology,
tools,
templates
to
accelerate
project
results
§ Selected
by
Oracle
as
the
winner
of
the
“2012
Specialized
Partner
of
the
Year”
for
North
America
Finance Transformation
Health Checks
Roadmap
Development
COE/PMO/Compliance
Planning
Budgeting
Forecasting
Solution
Architecture
Financial
Consolidation
Enterprise
Reporting
Profitability
Analytics
Financial
Close
Data
Governance &
Master Data
Management
ETL
Business
Intelligence
Infrastructure
Knowledge Transfer, Training
and Change Management
Maintenance Support
ImplementationServices

3. 3
Agenda
• Introduc;ons
• Financial
Close
Suite
Overview
• Case
Studies
of
Financial
Close
Suite
Implementa;on
• Project
Considera;ons
• Q&A

4. 4
The
“Extended”
Financial
Close
Process
Sub Ledger Close
General
Ledger Close
Data
Assurance Consolidate
Internal
Management
Reporting
External
Financial
Reporting
Filing
Close
sub
ledgers
into
GL
(AR,
AP,
FA,
etc.)
Perform
Reconcilia;ons
and
Post
Accruals
Deliver
self
service
financial
repor;ng
to
the
organiza;on
Create
external
reports
with
disclosures
and
financial
data
Automate
and
deliver
external
&
statutory
filings
Gather
and
validate
complete
data
sets
to
support
all
financial
repor;ng
needs
Automate
consolidated
financial
reports
leveraging
mul;ple
hierarchies
and
calcula;ons
Consolidation

5. 5
Account
Reconcilia;on
Manager
• Account
Reconcilia;on
Management
(ARM)
• One
single
repository
via
ARM
portal
• Manage
and
Monitor
account
reconcilia+on
process
• Provide
real-­‐+me
visibility
into
the
performance
of
reconcilia+ons
• Control
and
Compliance

6. 6
Process
Leveraging
ARM
Account
Reconciliation
Manager
Dashboard &
Reporting
Preparer
and
Reviewer
Corporate
accounting
D+0
D+8
Internal
audit
ERPI
ARM
Admin
Manual
Recon
Auto
Recon
Oracle EBS GL
Account
Mapping
Drill Back to
GL

7. 7
Case
Study:
Financial
Close
Management
Global
Manufacturing
Company
Profile
• Fortune
200
public
company
• Worldwide
leader
in
discrete
with
over
250+
legal
en++es,
2,000+
users
and
2
million
accounts
to
be
reconciled
• Oracle
EBS
is
the
primary
ERP.
Sub-­‐ledger
closed
by
respec+ve
regional
owners
(support
by
shared
services)
Results:
• End-­‐to-­‐end
visibility
into
close
process
flow
chart
and
monitoring
each
month
end.
• Iden+fica+on
of
cri+cal
path
and
frequently
delayed
work
tasks
• Six-­‐sigma
projects
ini+ated
for
process
improvements
leading
to
faster
close
cycles
• Ease
in
ability
to
monitor
close
process
and
take
correc+ve
ac+ons
to
prevent
impact
on
downstream
close
deadlines
Situa;on
• Complex,
+me
consuming,
manual
intercompany
matching
process
which
oen
impacted
close
deadlines
• Manual,
resource-­‐intensive
tracking
of
EBS
close
process.
No
single
group
visibility
of
complete
set
of
close
ac+vi+es
• Lack
of
visibility
in
close
process
once
data
loaded
into
HFM
Approach
• Detailed
exercise
to
iden+fy
close
ac+vi+es
across
mul+ple
sites
and
iden+fy
dependencies
and
cri+cal
paths
• Phased
roll
out
of
close
manager
by
iden+fying
cri+cal
processes
and
loca+ons
which
impacted
close
comple+on
• Focus
on
providing
visibility
into
close
ac+vity
progress
to
iden+fy
sites
and
ac+vi+es
causing
delays
frequently

8. 8
Case
Study:
Financial
Close
Management
Global
Manufacturing
Company
Profile
• Fortune
200
public
company
• Worldwide
leader
in
discrete
with
over
250+
legal
en++es,
2,000+
users
and
2
million
accounts
to
be
reconciled
• Oracle
EBS
is
the
primary
ERP.
Sub-­‐ledger
closed
by
respec+ve
regional
owners
(support
by
shared
services)
Results:
• Well
integrated,
automated
&
efficient
reconcilia+on
process
governed
by
Audit
team
and
managed
by
EPM
team
• Reduced
+me
and
effort
on
reconcilia+on
with
reduced
risk
of
compliance
with
high
degree
of
auditability
• Highly
scalable
design
to
be
globally
rolled
out
• Enhanced
repor+ng
and
analy+cs
Situa;on
• Diverse,
manual
mechanisms
for
account
reconcilia+on
within
mul+ple
ERP
systems.
• Large
no
of
reports
in
EBS
for
reconcilia+on
causing
load
during
close
process
• Weak
traceability,
auditability
and
security
controls
leading
to
data
integrity
challenges
Approach
• Chose
complex
pilot
site
with
variety
of
reconcilia+ons
and
focus
on
automa+on
and
process
improvement
• Holis+c
design
of
the
EPM
Footprint
allowed
to
Leverage
DRM
for
reconcilia+on
metadata
management
process
• Phased
roll
out
by
loca+ons/legal
en+ty/
business
unit
combina+ons
• Two-­‐month
defined
loca+on
roll
out
template.

9. 9
Case
Study:
Financial
Close
Management
Global
Manufacturing

10. 10
General
Project
Considera;ons
Success
Plan forward
• Plan your Hardware ahead
for the Growth and the
required business SLA.
• Think Holistically about the
EPM Suite toolset and the
right product for the need
• Data Integration is Key. Think
DRM, FDMEE, EAL, ODI…
Collaboration
• Engage all different
stakeholders
• While Finance driven, The
infrastructure and
technology layer is key
• Review validation and
approval process with
Auditors early on
Involvement
• Hands on Engagements
• Don’t rely fully on
Consultants
• Involve
• Finance, IT and
Implementation Partner work
hand in hand and are equally
accountable

11. 11
Typical
Project
Timeline
&
Ac;vi;es
Define
• Identify
Stakeholders,
Objectives &
Success
Criteria
• Review
existing
processes and
identify
efficiency
metrics
• Infrastructure
setup
• Project Team
Training
• Finalize
Requirements
Design
• Configuration
Workshops
• Design Data
Interfaces and
Application
Artifacts
• Future
processes
design
• Change
management
and training
plan
• Obtain Signoff
Build
• Build financial
close workflow
and tasks
• Build
integration
tasks system
interfaces
• Build data
interfaces and
mapping
definitions
• Data loads and
validations
cycles
• Conference
room pilots
Train &
Test
• Create training
materials and
test scripts
• Conduct
system testing
• Conduct
power user
training
• Conduct end
user trainings
• User
acceptance
testing
Deploy
• Readiness
assessment
• migration to
Production
• Turnover & Go
Live Support
• Celebration
4-6 Months typical timeline

12. 12
APPENDIX
Additional Case Studies

13. 13
Case
Studies:
Diverse
Company
Profiles
Agribusiness
• Publicly
traded
Innova+ve
Global
Food
producer
• Global
implementa+on
of
Financial
Close
Manager
and
Account
Reconcilia+on
Management
• Full
GL
&HFM
integra+on.
Looking
to
leverage
against
planning
in
future
phase
• Close
Manager
module:
• 100
tasks
• 25
users
• ARM
module:
• JDE
GL
with
Na+ve
Adapter
Integra+on
• 200
reconcilia+ons
• 6
formats
• 25
User
• 1
Administrators
• Implementa+on:
3
months
Northeast
Manufacturing
Company
• Publicly
traded
2.9
B
Manufacturing
Company
Opera+ng
in
19
different
countries
• Early
Adopters
of
ARM/FCM
• Pilot
approach
with
Corporate
Reconcilia+ons.
• Close
Manager
module:
• 300
tasks
• 70
users
• Account
Reconcilia+on
module:
• SAP
GL
with
Open
Adapter
Integra+on
• 500
reconcilia+ons
• 15
Formats
• 50
users
(internal
/
external)
• 2
Administrators
• Implementa+on:
4
months

14. 14
Case
Studies:
Diverse
Company
Profiles
World
Leader
in
Green
Energy
• Publicly
traded
with
Na+onal
and
Interna+onal
presence
• Global
implementa+on
of
Financial
Close
Suite
• Complex
compliance
requirements
(SOX,
FERC,…)
• Close
Manager
module:
• 1200
tasks
• 35
users
• ARM
module:
• Ms
Navision
with
Open
Adapter
Integra+on
• 600
reconcilia+ons
• 12
formats
• 30
User
• 2
Administrators
• Implementa+on:
3
months
Medical
Insurance
Provider
• Leading
health
care
company
that
offers
a
wide
range
of
insurance
products
and
health
and
wellness
services
• Corporate
implementa+on
of
Financial
Close
Manager
• Close
Manager
module:
• 500
tasks
• 25
users
• ARM
module:
• EBS
GL
with
Na+ve
Adapter
Integra+on
• 600
reconcilia+ons
• 6
formats
• 25
User
• Implementa+on:
3
months

15. 15
ORACLE EPM. OFSAA. BI. ADVISORY.
Thank
You
Alexandre Seran
Vice President
773-828-9414 (Mobile)
aseran@adistrategies.com
NOTICE: Proprietary and Confidential. This material is proprietary to ADI Strategies and contains trade secrets and confidential information
which is solely the property of ADI Strategies. This material is solely for Client's internal use. This material shall not be used, reproduced,
copied, disclosed, and transmitted, in whole or in part, without the express consent of ADI Strategies.