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FDM vs FDMEE: What you Need to Know - Emtec, Inc.

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Emtec Finance and Technology Summit Presentation with Russ Rogers and Reid Kerr

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FDM vs FDMEE: What you Need to Know - Emtec, Inc.

  1. 1. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. FDM and FDMEE – What You Need to Know Understanding the Value in Migrating Russ Rogers Reid Kerr
  2. 2. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Meet the Speakers 2 Reid Kerr Senior Lead – Close & Consolidations, Emtec • 21 Years of hands on consulting experience • 8 Years at Hyperion (IMRS, Software, Solutions, etc.) • 12 Years Partner and Independent Firms • Hyperion Certified (background in accounting, fx, m&a) • 336-996-4242 office / 336-210-6934 mobile (Go TarHeels!) • Reid.Kerr@emtecinc.com Russ Rogers National Practice Lead – Close & Consolidations, Emtec • 23 Years of hands on consulting experience • 9 Years at Hyperion (IMRS, Software, Solutions, etc.) • 12 Years Partner and Independent Firms • CPA, CMA, Hyperion Certified (accounting, fx, IC, m&a) • 312-561-3398 office / 816-721-1908 mobile (Go Jayhawks!) • Russell.Rogers@emtecinc.com
  3. 3. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Introductions 3 Emtec Functional Experience • Over 400 applications across multitude of Hyperion products • Practical experience as well as technical expertise across all industries Emtec Technical Experience • In-house technical group – led by Luis Castillo • Experience across the breadth of Oracle’s EPM suite A cohesive team supporting your Oracle Applications
  4. 4. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. What is FDMEE ?
  5. 5. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Financial Data Quality Management-Enterprise Edition •FDM and ERP Integrator combined into a single product •Based on ODI with the FDM process wrapper. Combines the platform strength of ODI, with time tested process and methodology of FDM •Windows Based FDM still available for existing customers –11.1.2.3 is terminal release of FDM –Upgrade in place for the last time –Migration to FDMEE required starting with 11.1.2.4 •New Customers may only license FDMEE •All new implementations are recommended to occur in FDMEE –Recommend 11.1.2.3.5xx –11.1.2.4 looks very good, in process of testing 5
  6. 6. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Financial Data Quality Management-Enterprise Edition Improvements in 11.1.2.3 •Integrates security with Shared Services •Simplifies maintenance and development through different workflows •Reduces need for custom scripting for most straight forward tasks •Is certified with PeopleSoft 9.2 •New Customers may only license FDMEE going forward 6
  7. 7. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Financial Data Quality Management-Enterprise Edition Improvements in 11.1.2.4 •Can now specify target application options specific to a location •Easily move data between the EPM applications irrespective of the dimensionality of the application without having to create a data file from the EPM source application •Supports write-back from all EPM applications (except the Accounts Reconciliation Manger) to Enterprise Resource Planning (ERP) applications •Enables you to map source fields graphically to target dimension members •Can view mapping errors and fix them instantly when mapping errors have occurred in the Data Load Workbench •Can now launch the Data Load Workbench component of FDMEE and manage data load activities in Financial Close Management •Can concatenate an unlimited number of ERP segments and define mappings on the concatenated code combinations 7
  8. 8. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Upgrade Considerations Benefits and Opportunities
  9. 9. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Financial Data Quality Management-Enterprise Edition •Classic FDM has some limitations that are now covered by FDMEE •For example, when multi-dimensional mappings were needed, most of the people used mapping scripts -Difficult to maintain and understand -Black Box -Upgrade Considerations (Understatement of the year) -New mapping type will probably replace all your mapping scripts -In addition, you can use look-up dimensions in FDMEE to support your multi-dimensional mappings •In FDMEE, we have a new mapping type called Multi-Dimensional mapping 9
  10. 10. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Financial Data Quality Management-Enterprise Edition •Classic FDM required separately maintained locations to enforce even slightly different mapping schemas or sources –The more locations you have, the more you will have to maintain –Data load rules allow you to simplify your location structure. Two locations for two different file types may be replaced by one location and two data load rules having each one import format –Can share related mapping further reducing maintenance •Import process is almost always the bottle neck in Classic FDM –Mapping process is performed during the import process and 90% of the customers having performance issues during import follow this rule: Wrong mapping logic design -> poor performance during import –Better performance with large data sets –Redesigning your artifacts will improve maintenance efforts and workflow 10
  11. 11. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Financial Data Quality Management-Enterprise Edition •You will have to re-write your scripts (import, mapping, event, and custom) –Even if you keep VB for event and custom scripts, you will have to do some changes as VB Script is replaced by VB .NET –Event and custom scripts are best written in Jython • Integration scripts are not supported anymore as import scripts so they need to be implemented in BefImport event script (Jython or VB .NET) • VB mapping scripts are not supported anymore so you will have to re-write them as Jython or SQL mapping scripts (or replace by multi-dimensional mappings) •Opportunity to take advantage of process improvements –11.1.2.2 data transfer process example –Direct Feed from ledger example 11
  12. 12. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Process Elements How Does It Work?
  13. 13. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Financial Data Quality Management-Enterprise Edition 13 File Excel XML Other Systems Oracle EBS, PeopleSoft, JDE, Fusion APPs, SAP R/3 Data Warehouse Data Mart Data Strategy Management Financial Close Planning & Forecasting Profitability Management Financial Reports Microsoft Office Data & Metadata Drill-Through & Write-Back Web Interface Meta- data
  14. 14. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. FDMEE Supported Target EPM Platforms •FDMEE supports the following EPM target applications (Oracle Hyperion EPM Architect and Classic): –Planning and the Planning Modules –Public Sector Planning and Budgeting –Financial Management –Financial Close Management (ARM, SDM) –Profitability and Cost Management (HPCM) and Tax Provision –Essbase BSO and ASO • If Essbase has been deployed in standalone mode, it must be registered with Shared Services since it does not work directly with FDMEE –Planning applications that rely on the standalone Essbase application cannot work directly with FDMEE 14
  15. 15. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Process Elements • FDMEE is accessed directly from Workspace • Security managed through Shared Services 15
  16. 16. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. FDMEE is now directly linked to Sources •FDMEE Is now directly linked to sources – regardless of type •Focuses on workflow with artifacts used to support it – Define the Data/Metadata Source – Define the Target Application – Define the Source Accounting Entity •11.1.2.4 Considerations – Supports write back from all EPM applications – Doesn’t require data files to transfer between EPM applications – Supports the Oracle Hyperion Profitability and Cost Management (HPCM) and Tax Provision Application 16
  17. 17. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. FDMEE is now directly linked to Sources • Data can be pulled from multiple types of sources • Adaptors no longer need to be downloaded as several are integrated within FDMEE • Of course, importing from flat files and other types are available along with other EPM applications (think Planning to HFM, for example) • These sources can be used for loading and drill through, allowing destination applications to have a link back to the data details contained within the source system 17
  18. 18. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. FDMEE is now directly linked to Sources • Target application and types (HFM, Planning, Essbase) are also easily identified along with their necessary components for mapping purposes • Available fields of the application are brought in for both the source and target systems, thus allowing ease of mapping • No need to configure multiple adaptors 18
  19. 19. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Process Elements •After the source systems have been identified, the following items are identified: • The ledger or business unit (accounting entity) to use • The Chart of Accounts • Currency • Calendar • Responsibility name 19
  20. 20. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Process Elements • Period Mapping still exists but now more flexible and can be shared • Category Mapping still exists but now reads directly from target application 20
  21. 21. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Process Elements This is the last version of FDM using VB for all scripts, Jython will be the go-forward strategy with FDMEE for most scripting needs. Workflow menu Setup menu 21
  22. 22. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. VB to Jython Script Example 22
  23. 23. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Process Elements Finally: Yes, the fish still exist….. 23
  24. 24. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. FDMEE Next Steps Takeaways and Actions
  25. 25. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. What You Should Remember About FDMEE 25 • While loading data, load options can be specified for differently for each location One location should be loaded as replace whereas another one is used for supplemental data and should be loaded as merge (think GL vs stat data) • During the data loading process, mappings errors can be corrected directly without having to jump out to other screens, update mappings then go back and re-import • Simplify the loading process as import scripts aren’t needed = process improvements. Features within the product are quicker than the tool having to go out to run scripts • Everything happens in the database layer: faster without clunky file structures, and the dirty looks you get during your security audit
  26. 26. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. What You Should Remember About FDMEE 26 •Ability to load from one application to another (with drill back feature), think HFM to Planning with links back to Planning drivers; Essbase to HFM with links back to detailed analysis •Adaptors are no longer needed •All security handled through Shared Services. Backups and transfers between environments go through Shared Services’ Life Cycle Management
  27. 27. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. FDMEE Next Steps 27 Virtual Assessment – Free Offering  4 hour exercise completed by senior architects  Information collected and questionnaire completed prior to session  2 hour collaboration virtually to understand your implementation and needs and deliver findings  Deliverables include documented upgrade considerations, broad cost and effort estimate, and timeline Reach out to your Emtec Field Sales Account Executives or Inside Sales Development Mangers. Feel free to contact us to engage directly Russell.rogers@emtecinc.com Reid.kerr@emtecinc.com
  28. 28. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. 73% YEARS 47serving clients OUR COMPANY 500dedicated associates 17 over years BEST PLACES TO WORK 2012 TECHNOLOGY EMPOWERED BUSINESS SOLUTIONS “right size provider” “client for life” India Pune Bangalore USA IL, PA, NJ, GA, VA, MN, FL Canada Toronto Ottawa GLOBAL DELIVERY OUR SERVICES 87% 14 prior tier 1 consultancies avg. years experience fulltime employees OUR PEOPLE 25+ OTHER PARTNERS - onshore - offshore - nearshore - blended managed services Advisory Applications Cloud Analytics Infrastructure strategy governance process ERP, HCM, CRM, app. development, mobile solutions applications infrastructure enterprise reporting, predictive analytics, big data service management enterprise infrastructure end user computing Business and Technology Empowered
  29. 29. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. An Exciting Year For Emtec… And Or Clients! Vertical Focus • Strategy • Enterprise Solutioning • Management Consulting • Line of Business Expertise Advisory Services Expansion Services GEO Vertical SMAC
  30. 30. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Emtec Services Align Well with each stakeholder community ENTERPRISE SUITE SALES & MARKETING  360 degree view of the customer  Sales force automation  Customer Service  Marketing Automation  Customer and Product Data Management  BI / Analytics HCM  Workforce Planning  HR Analytics  Talent Management  Employee Self-Service  Performance Management  Total Compensation CFO FINANCE  Budget & Planning  Financial Close Mgmt  Procure to Pay  SEC Reporting  Financial Analytics  Cash Management OPERATIONS  Forecasting  Operational Analytics  ERP  Project Costing TECHNOLOGY  Advisory Services  Application Development & Maintenance services  Business Intelligence & Big Data  Cloud Strategy and Implementation  Independent Verification & Validation  Infrastructure Services  Managed Services  IT Service Management  Procurement Services  Business Strategy  Managed Services & Outsourcing  Advisory Services  Analytics  Governance POWER The of Emtec
  31. 31. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. Questions? Send your questions to Reid Kerr and Russ Rogers Reid.Kerr@emtecinc.com Russell.Rogers@emtecinc.com
  32. 32. Emtec, Inc. Proprietary & Confidential. All rights reserved 2015. THANK YOU FOR YOUR TIME Please visit us online at www.emtecinc.com THANK YOU FOR YOUR TIME Please visit us online at www.emtecinc.com

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