This document summarizes a presentation given by Datavail about migrating from Oracle Hyperion Financial Management (HFM) to Oracle EPM Cloud Financial Close and Consolidation (FCCS). Key points include considerations for the migration such as differences in exchange rate formats and journal entry handling. Datavail's implementation for client Amvac is discussed, including bringing over historical data and custom dimensions. Best practices for FCCS implementations are also reviewed, such as using pre-built content and a top-down reporting approach. Finally, Oracle's accelerator utility for simplifying metadata mapping between HFM and FCCS is introduced.

1. Oracle Hyperion
Financial Management
to Oracle EPM Cloud:
Financial Close
October 22, 2018

2. About Datavail

3. www.datavail.com 3
We are data
specialists:
Databases,
Analytics, and
Application
Data Integration
Largest data management firm in North America
with over 600 DBA’s and 200developers
/ consultants delivered in an onshore/offshore,
24x7 model
13+ years delivering data services
300+ customers with average customer
life of 7 Years

4. www.datavail.com 4
What Does Datavail Do?
Talent
Investment
ISO 27001
IP-Enabled

5. Visit us at
Booth #1932
Visit our booth and we’ll donate $1 for every
scan to Susan G. Komen.
Set up a meeting with one of our experts and
we’ll donate $10!

6. www.datavail.com 6
About Amvac
AMVAC is a lean, focused company
comprised of some of the most
talented, ambitious professionals in the
industry. Executive, manufacturing and
support staff, specialists and a national
and international sales force dedicate
their attention and energy to make
AMVAC a dynamic and effective
company.

7. www.datavail.com 7
Introductions
Nayar Ellis, CPA – Datavail
Senior Hyperion Consultant, specializing in financial
consolidation and close products
Mathew Khol – Amvac Chemical
IT Department for Amvac, involved in implementation
process

8. www.datavail.com 8
Today’s Agenda
Discuss specific considerations in a HFM to
FCCS implementation
Amvac’s story
Discuss best practices
Overview of Oracle’s accelerator utility
Q&A

9. Considerations in a HFM to
FCCS implementation

10. www.datavail.com 10
Exchange rate format
• FCCS Standard is monthly rate, so you have to configure YTD if that is your use case.
Journal entries
• Must be entered on periodic basis
• Cannot simply be exported from HFM and imported to FCCS, needs some formatting
• Cannot book unbalanced entries in FCCS
Shared members are a copy of the original member rather than simply a sharing of data.
No phased consolidations
Limited custom dimensions and custom dimensions are not required.
Monthly updates are handled by Oracle
HFM vs FCCS Considerations

11. Datavail’s
Implementation of
Amvac

12. www.datavail.com 12
About Amvac
Public Company
American Vanguard Corporation is a
diversified specialty and agricultural
products company focusing on crop
protection, turf and ornamental markets, and
public health applications.
International operations
• Corporate headquarters in Newport Beach,
California
Annual revenues approximating $350MM

13. www.datavail.com 13
Amvac’s Story
Amvac has been using the tool for eight years with data
that dates back to 2007 on version 11.1.1.3.500.3124
• We have brought over two years of historical data
Matt’s experience with data load and mapping process
They had four custom dimensions that we were able to
combine into two in order to bring this over to FCCS

14. www.datavail.com 14
Amvac’s Story
Several journal entries brought over for each month
Converted to periodic basis
Consolidated customs listed in entries to match FCCS
Budgeting done in FCCS. Additional data load rule
created to load budget annually using the same
mappings as actuals.
Management reporting book that is in excess of 150
pages
• Twelve unique reports viewing various POVs

15. www.datavail.com 15
Amvac’s
Outcome
Process efficiency gains
• Budget loaded more efficiently
• Reporting functions are more efficient
Enhanced analytical capabilities
• Pre-built intercompany and journal reports
• Process efficiencies freed up time for
accounting analysis and IT Projects
Ease of Use
• Account and IT were able to easily navigate
through the online user interface – Easier
knowledge sharing among users

16. Best Practices

17. www.datavail.com 17
While YTD data import is fully supported, brining in periodic data is cleaner and
easier to manage.
Maximize usage of pre-built content, it allows for maximum utilization of the product
features and will lead to ease of use and incorporation of features that exceed HFM’s
capabilities.
Use a top down approach: know what you want to report on and build metadata
accordingly.
Use metadata validation tools to ensure application is setup correctly.
FCCS Best Practices

18. Oracle’s Accelerator
Utility

19. www.datavail.com 19
Oracle
Accelerator
Tool that can be used to
simplify mapping of HFM
metadata to FCCS

20. Q&A

21. www.datavail.com 21
Nayar Ellis
Sr. Hyperion Consultant
Nayar.Ellis@datavail.com
www.datavail.com

22. Thank you