After years of labor intensive, Excel-based reporting, see what happens when a multinational supplier of equipment moves to an automated financial management process using Hyperion Planning and Reporting.

1. HYPERION FINANCIAL REPORTING
CASE STUDY
WEBINAR
July 27, 2016

2. Today’s Speakers
Nina Sanders
Marketing Manager
Shreeram Sharma
Senior EPM Architect

3. Today’s Agenda
About Saturn Infotech
“Damsel in Distress” Backstory
Before Environment and Pain Points
The Hero: Enterprise Performance Management
How the Hero Saved the Day
Demo
Q & A Session

4. Who are we?
We are qualified thought leaders, advisors
and partners focused on the delivery of
customized solutions for financial reporting,
planning, budgeting, forecasting and
analytics
Diverse Client-base
Fortune 500 organizations
 Finance & Banking
 Retail
 Consumer Goods & Industrials
 Technology
 Pharma & Life Sciences
 Public Sector and others
Recognition
Oracle Platinum Partners
specialized in:
 Business Intelligence (BI)
 Enterprise Performance
Management (EPM )
 Big Data
 Cloud Computing
About Saturn Infotech

5. Services & Solutions

6. Locations
Philadelphia - Headquarters
1120 Welsh Road, Suite 110
North Wales, PA 19454 USA
Atlanta – Branch Office
1401 Peachtree St NE, Suite# 500
Atlanta, GA 30309
Boston – Branch Office
400 Trade Center, Suite 5900,
Woburn, MA 01801
Dallas – Branch Office
800 E Campbell Rd, Suite 252
Richardson ,TX 75081
Chicago – Branch Office
8745 W. Higgins Rd, Suite#110
Chicago, IL-60631
Miami – Branch Office
6625 Miami Lakes Dr. East
Miami, FL 33014
250+ Subject Experts
globally, with Coverage in
almost Every US State!
Saturn E-Solutions Pvt Ltd
Aundh - Hinjewadi Link Road
Pune 411057, India
Saturn Infotech Inc.
141 Cecil Street
Singapore
Saturn Infotech Arabia FZ LLC.
Dubai Internet City
Dubai, UAE

7. Our Clients

8. The “Damsel in Distress” Backstory
Supplier of Heavy Equipment Machinery
Industry: Aftermarket parts and components
Headquarters: Atlanta, GA
Revenue: $2.5 M
About:
 Leading independent supplier of parts, remanufactured components, and
equipment to the global mining, quarrying, heavy construction,
materials processing, oil and gas, and energy sectors
 Markets and services aftermarket parts and components for the above industries
 Operates in nearly 8 currencies in North America, South America and Australia
 International operating revenue is above $800,000 per year
 Run 12 subsidiaries with 20 legal reporting entities

9. Before Environment and Pain Points
Before Environment
 Four ERP systems already implemented for transaction processing, general ledger and financial reporting
 Financial reporting and forecasting performed using Excel models and spreadsheets
 No formal long-term strategic plan integrated with annual budget, monthly business line analysis, or quarterly forecast
Pain Points
 Tedious and labor-intensive financial consolidation process in Excel
 Concerns about security
 Excel models disconnected and not integrated with other financial reporting tools (financial accounting transactions &
other ERP systems)
 Extreme data integrity, data management, and audit issues
 Lack of a truly integrated reporting tool for Budget, Financial close and Business Analysis
 No true reporting integration with the ERP systems
 Difficulty loading budget data back into ERP systems
 Difficulty reconciling and managing data and metadata residing in the ERP systems
 Business reporting segments do not contain hierarchal outlines for drill down and analysis
 Inability to analyze data dynamically

10. Wishes Hoping to be Granted..
 What-if analysis
 Analysis of revenue by customers
 24/7 Support with minimal IT involvement
 Product-based analysis
 Generate legal reports and board books
 Data flow into presentations and board slides by refreshing tabs
 Consolidate 8 different currencies into one reporting currency
 Currency comparison reports
 Graphical representation of cash flows
 Maintaining information for more than 36,000 customers

11. Before

12. The Hero: Enterprise Performance Management
 EPM Environment hosted on Saturn’s datacenter with 24/7 Support
 Financial Data Management Enterprise Edition (FDMEE) implemented to load data into HFM and
Planning application from ERP system
 Consolidation application created to streamline current financial close and consolidation process
 Hyperion Planning application created for monthly and yearly Budgeting and Forecasting process
 Hyperion Financial Reporting installed with Hyperion Planning, HFM and Essbase to ensure faster
report generation
 Automated Cash flow Calculations set up to generate Cash Flow reports
 Essbase installed to create 2 cubes for Revenue analysis based on nearly 36,000 customers and
multiple products
 Essbase Weekly Cube created to analyze weekly sales and Backlogs
 Nearly 100 reports and 10 reports books created to reduce time for users to generate reports
 Role-based access given to the planning and consolidations applications through creation of numerous
data forms and security set up
 Excel-based Smart View Plan and Forecast templates created to simplify Budgeting process for
Controllers and Financial analysts

13. How the Hero Saved the Day!
 Reduced Close time from 20 days to 5 days
 Streamlined Planning and budgeting using Hyperion Planning and Essbase
 Budget cycle reduced from 4 months to 1 month
 Went from 1 Level to Multiple levels of forecasting performed throughout the year
 Management board books reduced from 2 months to 1 day
 Creation of revenue analysis reports attracted numerous investors for the company
 Eliminated labor intensive Excel-based reporting & budget process
 Reduced budgeting and planning cycle times
 Product-line profitability including allocations and cost absorption across product families
 Standardized Web forms and Smart View templates for timely entry of budget data
 The ability to pull data for Cash flow from Smart view and reports
 Accommodate data related to multiple pre-acquisitions
 Multiple entity roll ups created to see actual data flowing in

14. After

15. Hyperion Planning and Financial Management
Hyperion Planning:
 Reduces budgeting and planning cycles by
weeks or months
 Improves forecast reliability
 Provides familiar user interface with full
Microsoft Office integration
 Flexible workflow capabilities
 Built in reporting and dashboards
 Robust integration with ERP sources with
drill back
 Instant calculations and fast aggregations
Hyperion Financial Management:
 Reduces consolidation, close, and reporting cycles
by days or weeks
 Delivers timely results internally and externally
 Maintains a regulatory filing to general ledger
audit trail, providing confidence in the financial
results
 Intercompany Transaction Matching Module
 Perform Versatile Scenario Management
 Powerful reporting and analysis tools

16. Time for Questions

17. Thanks for Watching!
Contact:
Sales@saturninfotech.com
(267) 337-6779 x 120
Webinar Slides:
www.slideshare.net/Saturninfotech
Presenter:
Shreeram Sharma
Shreeram@saturninfotech.com