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ODTUG NYC Meetup 2017 – PCMCS and ITFM

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ODTUG NYC Meetup: Profitability & Cost Management Overview PCMCS); Oracle IT Financial Management (ITFM)

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ODTUG NYC Meetup 2017 – PCMCS and ITFM

  1. 1. INTEGRATED BUSINESS ANALYTICS Getting to the Answers for Improved Business Performance Business Analytics Solutions Provider: EPM, BI, and BD Technologies ODTUG NYC Meetup November 15, 2017 Oracle Enterprise Performance Management Overview • Profitability & Cost Management Cloud Service (PCMCS) • Oracle IT Financial Management (ITFM) Mike Killeen, Sr. VP Edgewater Ranzal, Oracle Ace
  2. 2. Business Analytics Solutions Provider Using Oracle EPM and BI Technologies Agenda Introductions The Need for Profitability & Cost Management Oracle Profitability & Cost Management Cloud Service Overview Oracle IT Financial Management – prebuilt content on top of PCMCS Closing and Q&A 20+ Years 1000+ Clients 2000+ Projects 2
  3. 3. Business Analytics Solutions Provider Using Oracle EPM and BI Technologies Today’s Presenter Mike Killeen, Edgewater Ranzal Sr. Vice President, Oracle Ace Primary Oracle Product Management advisor on HPCM & PCMCS dating back to 2007 20+ Years EPM & BI Experience with Ranzal 5 Years – Strategic Initiatives & Advisory 2 Years – VP, UK Division 6 Years – Planning & Analytics Practice Director 8 Years – Implementation Consultant Expertise across Multiple Domains Cost Allocations & Profitability Analysis Planning, Budgeting & Forecasting Financial Consolidation & Reporting Business Intelligence Master Data Management 3
  4. 4. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW 1,000+ Oracle/Hyperion Customers 2,000+ Oracle/Hyperion Projects Proven Project Methodology and Implementation Approach Planning Suite Fin Close Suite HPCM BI Suite Big DataEngineered Systems Integration Workflow Master Data On-PremiseCloud (SaaS/PaaS/IaaS) Edgewater Ranzal is a global full-service Oracle Platinum Consulting Partner providing premier services across the entire EPM / BI / Big Data platforms Since 1996 Healthcare Financial Services/Insurance Retail CPG / MFG High Tech Oil & Gas Entertainment Planning Cloud Fin Close Cloud Profitability Cloud 4 Edgewater Ranzal Overview 20+ Years of Integrated Business Analytics Advisory Services Implementation Services Technical Services Hosting & Support Big Data Cloud BI CloudCloud Infrastructure Training Services Operational ERP Intellectual Property
  5. 5. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Edgewater Ranzal History with Profitability & Cost Management Solutions 5
  6. 6. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW The Need for Profitability & Cost Management 6
  7. 7. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Why Profitability & Cost Management is Important 7
  8. 8. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW If you can generate a whale curve by Customer, by Product, by Channel, etc, you’re on your way to making intelligent decisions about your business. 50% 15% 35% $140 Mil $81 Mil Why $60M Loss? Product/Customer/Channel/Market, etc Profit Detail? Strategic P&Ls 17 Profit Opportunities – Exploiting the Whale!
  9. 9. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Challenges in Profitability Management A Patchwork of Technology Approaches Very manual Error Prone Time consuming Lacks controls & governance Creates Key Personnel Dependencies Lacks transparency Financial close is slower, bloated, and more costly Unable to extend ERP data (e.g. customer) “Black-box” that is difficult to maintain Slow to adapt Grows unwieldy over time May become unsupported Spreadsheets ERP Custom Built 9
  10. 10. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Expected Outcomes of a Profitability & Cost Management Solution Reliability Visibly defensible profitability and cost results through transparency & audit/control Agility Timely reflection of results to be actionable Relevance An ability to Allocate resources to the most important opportunities Financial Results Revenue & Cost Models Operational Results FP&A Senior Management 10
  11. 11. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Profitability & Cost Management Cloud Service (PCMCS) Overview 11
  12. 12. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Oracle Profitability & Cost Management Evolution of the Application 2008 HPCM Standard Profitability v 11.1.1.1 2012 HPCM Detailed Profitability v 11.1.2.2 2015 HPCM Management Ledger v 11.1.2.4 2016 (Oct) PCMCS Management Ledger v 17.xx
  13. 13. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Oracle Profitability & Cost Management Cloud Capabilities & Workflow Published Reports & Interactive Analytics Model Development Master Data & Data Integration Management Profitability & Cost Management Cloud Service (PCMCS) Financial Reports, Smart View, Embedded Visualizations Model Execution 13  No Large Initial Investment  Accessible  Always up to date  Limited IT Involvement Allocation Engine Embedded Intelligence Mobile Rule Transparency Integrations Dashboards & Work Areas
  14. 14. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW PCMCS Simplified User Interface 14
  15. 15. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Dimensions System Dimensions (2) POV Dimensions (1- 4) Business Dimensions 15 Master Data & Data Integration Management
  16. 16. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Native Load Formatted Text Document No Load Rule Required Loads can be initiated in PCM GUI Cloud Data Management (e.g. FDMEE “Light”) Provides data mapping Provides scheduling Provides Drill (included in user licenses) Flat File & Cloud to Cloud Import/Exports Hybrid (e.g. FDMEE On-Premises v 11.1.2.4+) Full CDM Functionality, plus…. Custom Scripting & Automation Direct Connectivity to Ground Applications Additional licensing considerations…. PCMCS PCMCS PCMCS Data Management 16 Master Data & Data Integration Management
  17. 17. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Point Of View (POV) allow for the ring fencing of data, business logic and output Allows users to do complex what-if analysis without interfering with previously released results Users can copy financial and driver data between POVs Users can copy Rule Sets and Rules between POVs Users can clear input and calculated data from POVs Users can change the POV state 17 Point-of-View Management Model Development
  18. 18. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Rules Management • Point-of-view (POV) Specific • Rules, Drivers, & Financials can vary by POV • Completely GUI based • Intuitive Business focus layout • No coding knowledge necessary • No staging tables to edit • Four Easy Steps: • 1. Define your Rule • 2. Select your Source • 3. Select Destination • 4. Select Driver • Optional – Select Offset 18 Model Development
  19. 19. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW • Post-Calculation Validation – Data Validation • SmartView • Queries • Rule Balancing Report • Traceability Maps • Dashboards • Financial Reports – System Validation • Programme Documentation • Dimension Statistics • Rule Data Validation • Execution Statistics • Pre-Calculation Validation – Meta-data Validation – Model Validation • Rule Sets and Rules • Model Views • Queries • Analytics • Data Grants – Data Validation • SmartView • Queries • Rule Balancing Report • Dashboards • Financial Reports Calculation Model Execution 19 Model Execution
  20. 20. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW • Provides built-in reporting and analytics capabilities • Are developed and maintained by end-users • Minimizes the need for dedicated Reporting teams. The people who use the reports can develop them • Provides: • Population Performance Analysis • Multi-dimensional P&Ls • Cost Contribution Reporting • Cost and Profitability Statistics • KPI’s & Dashboarding 20 Reporting & Analysis Published Reports & Interactive Analytics
  21. 21. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Oracle IT Financial Management (ITFM) Pre Built Content for IT Shared Services Leveraging Oracle EPM Cloud
  22. 22. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW C-Suite Perspective Connecting the value of IT to the Business 22
  23. 23. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Align IT to Run and Grow the Business Oracle IT Financial Management (ITFM) 23
  24. 24. Business Analytics Solution Provider Using Oracle EPM, BI and BD Technologies NASDAQ: EDGW 24 • Pre-Built Data Model • 14 Base Dimensions • 24 Attribute Dimensions • Pre-Populated Content • IT Chart of Account Definition (150+) • Service Catalogue (50+) • 40+ Drivers • Pre-Built Model & Reporting Content • 15+ Ratios/Metrics • Time Series & Variance Calculations • Starter Set of 40 Allocation Rules • 15+ Smart View & Fin Reports • 30+ Pre-Built Model Views for Analysis • Pre-Built Interface Specifications • 20+ Native File Formats managed by Source • Ranzal Accelerators WIP for Data Management Mapping & Automation PCM IT Costing & Chargeback (ITCC) Template Pre-Packaged Content for Cloud or On-Premise
  25. 25. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Shared Costs $ (Cost Centers & Accounts) GL IT Functions $ IT Functional Units $ (Cost Centers & Accounts) Projects $ Project $ (Cost Centers & Accounts) (Projects) GL Resources $ Vendors $ Services $ Consumers $ IT OH Support $ PR Fixed Assets $ (Cost Centers & Accounts) (Projects) (Resources & Vendors) FA Services to Consumers (Cost Centers & Accounts) (Projects) (Resources & Vendors) (Services & Consumers) Pre-Built Rules Statistics Drivers Financial Operational Optional PCMCS IT Costing & Chargeback Template Prescriptive Starter Set of Allocation Rules
  26. 26. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW PCMCS IT Costing & Chargeback Template Prebuilt Reports & Dashboards 26
  27. 27. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW "This collaboration brings a unique intersection of technology, strategy and implementation expertise to the ITFM space. We see a compelling opportunity to further strengthen the bonds between the offices of the CFO and CIO and bring a common language to the business." - Matt Bradley, Senior Vice President, Product Development, Oracle 27 Oracle ITFM Solution Leveraging Partnerships to Maximize Value
  28. 28. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Closing and Q&A
  29. 29. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Does your company understand the true costs of its products or services? Are costing models transparent enough? Can you easily trace back the assigned costs to the activities and line item expenses that drive them? Do your costing methods operate at the right level of detail? Are you satisfied that you are allocating shared services (e.g. IT/HR) accurately? Are people spending too much time maintaining our costing models and other elements of our costing system? Can people in your company quickly test how changes to commodity, input costs, lower or higher volumes will affect our profitability? Are you getting answers from our costing systems fast enough to be actionable? Would reducing this process time improve our competitiveness or profitability? Is all of the data that you need to understand true costs available in a single ERP system? If not, what are the initial and ongoing costs of integrating that data into your ERP system? Self-Evaluation Questions 29
  30. 30. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Give us $0.02 and we’ll give you $5 30 Do you know your PCMII? • Take part in our study to learn how organizations navigate and manage Profitability & Cost Management (PCM) processes. • Show your results email for a $5 Starbuck’s gift card • Mobile friendly: ranz.al/pcmii
  31. 31. Business Analytics Solutions Provider Using Oracle EPM, BI & Big Data Technologies NASDAQ: EDGW Register: www.kscope18.odtug.com $100 Discount Code: NYCEPM2018 Join: www.odtug.com $25 Discount Code: EPMNYCMeetUpMike Killeen, SVP, Oracle Ace Edgewater Ranzal 1025 Westchester Avenue, Suite 108 White Plains, NY 10604 Tel (914) 253-6600 info@ranzal.com 31 Closing and Q&A

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