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Content Lifecycle Management Solution on HANA Cloud Platform
This document discusses a content lifecycle management solution on SAP HANA Cloud Platform. It provides background on Invenio Business Solutions and describes a case study of Star India, a media company. The solution encapsulates Star India's content acquisition and production business processes on SAP modules. It provides benefits like budget control, real-time inventory visibility, reduced costs, and improved reporting. The document explains how the solution could be implemented on HCP to address issues like older on-premise systems and capital restrictions.
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Content Lifecycle Management Solution on HANA Cloud Platform
- 1. Content Lifecycle Management Solutionon HANA Cloud Platform Glennis Spieker Kedar Patwardhan Invenio Business Solutions Inc.
- 2. INVENIO BUSINESS SOLUTIONS •Established in the UK in 2006 • Deep skills in SAP Finance, HANA,S/4 HANA, Hybris, Predictive Analytics • SAP Media VAR Specialist USA 2016 • Focused on Media and Manufacturing • Offices in USA, India, UK, Germany, Mauritius & Middle-east
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- 4. Germany France Italy China Pakistan Sri Lanka Indonesia Hong Kong Thailand Mauritius SouthAfrica USA United Kingdom India Singapore & Malaysia Canada Austria Switzerland Japan Netherlands Belgium Barbados Slovenia Saudi Arabia Kenya UAE Brazil Fiji Maldives GLOBAL CUSTOMER LOCATIONS
- 5. 5 MEDIA & ENTERTAINMENT: SOMEOF OUR CUSTOMERS
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- 7. CONTENT LIFE CYCLEMANAGEMENT POWERED BY SAP HANA CLOUD PLATFORM
- 8. DISCLAIMER But Based OnTrue Events…....
- 9. Meet Mr. CharlesFredrick Osbourne, popularly known as Mr. C.F.O. who makes some of the financial decisions for the Media company where he works....
- 10. DECISIONS… • Which Content?Objective analysis. • Make or buy? • How to involve people in decision making and make them accountable? • Budget vs Actuals visibility? • Am I making money on each content? • What is the status of my inventory and IP contracts?
- 11. THE SOLUTIONS GUY… Mr.CFO calls Chris Ian Owen, popularly known as Mr. C.I.O. who usually does the magic and gets him all the answers!
- 12. IT STATUS Ingrid TraceyMadison aka IT Manager
- 13. STAR INDIA CASESTUDY • Owned by 21 Century Fox • Headquartered in Mumbai • Portfolio includes 48 channels • Produces and distributes through Fox Star Studios • Transforming sports by leveraging superior content and audience engagement
- 14. STAR INDIA CASESTUDY Star India’s Key Challenges: • Content acquisition Management process • Detailed cost planning was not done • Little budgetary control and overspend in production • Getting real time information on production status and process • Getting real time information on contracts • Multiple and distributed system architecture scales up the TCO • Optimizing and automating the process to reduce overheads
- 15. STAR INDIA CASESTUDY Solution Provided: • A Content Acquisition and Production Management Solution • Encapsulates the business process • Developed on the backbone of Standard SAP Modules • Scalable, agile and flexible to integrate with any third party system • Facilitates automated budgeting, invoicing, inventorization and amortization • Controls and checks which lead to transparency and efficiency
- 16. 16 CONTENT LIFECYCLE MANAGEMENTSOLUTION CAF Process (Concept Approval) Deal Memo Rights procurement / Sales Contract Procurement Invoice Accounting Inventory Recognition & Rights Availability check Amortization Content/ Rights Process Flow • Actualization of Amort Values on Closure / Termination • As Run Based Actual & Variance Reporting • Full program inventory manageme nt process • Rights Check and alerts • Semi-automated and streamline procurement process including payment to Artists • Optional Vendor Portal • Deal Memo life cycle • Detailed level budgeting • Vendor Contracts • Rights Procurement / Sales Contract • Rights Inventory • Concept approval based on objective data and workflows 1 2 3 4 5 6 • Complete invoice processing with or without contracts • Cash Expenses Posting • Posting based on audience viewership and some qualitative measures
- 17. STAR INDIA CASESTUDY Current Status: • Successful for 6 years with exceptional user acceptance • 500 business users connect to the solution across locations • Updates being introduced on a need basis to run the business more efficiently
- 18. STAR INDIA CASESTUDY Business Benefits: • Tight budgetary controls limiting maverick spending • Reduced total cost of ownership through single instance (production and sales process) • Workflow based approvals facilitates decision making in system and introduces transparency • Increased efficiency and transparency between business units • Real-time inventory status facilitates visibility on IP • Visibility of cash outflow and forecasting • Reporting – MIS/ Financial/ Operations/ Inventory • Faster month-end closing
- 19. 19 CONTENT LIFECYCLE MANAGEMENTSOLUTION CAF Process (Concept Approval) Deal Memo Rights procurement / Sales Contract Procurement Invoice Accounting Inventory Recognition & Rights Availability check Amortization Content/ Rights Process Flow • Actualization of Amort Values on Closure / Termination • As Run Based Actual & Variance Reporting • Periodic Settlement to Inventory WIP • Provisioning & Reversal for Balance Inventory • Settlement to Program Inventory on Program Closure • Rights Check • Purchase order Creation for In-House & Co-Production • Vendor Contracts Commissioned / Artists • Purchase Order Amendments • Actual Based GRNs for In-House • Entry for Tape Receipts • Milestone Updates • Deal Memo Creation and Approval • Deal Memo Program & Episode Details • Budgeting of the Deal Memos • Vendor Material Contracts • Deal Memo Amendment • Deal Memo Termination • Deal Memo Closure • Rights Procurement / Sales Contract • Rights Inventory • CAF Creation • CAF Approval • CAF Rejection 1 2 3 4 5 6 • Parking Invoice Verifications • Pre-Production/ Production/ Post- Production • Invoice Posting • Advance Recognition & Reversal • Vendor Payment Process • Cash Expenses Posting • Posting based on TRP Ratings & Late Delivery
- 20. 20 CONTENT LIFECYCLE MANAGEMENTSOLUTION CAF Process (Concept Approval) • CAF Creation • CAF Approval • CAF Rejection 1
- 21. 21 CONTENT LIFECYCLE MANAGEMENTSOLUTION Deal Memo Rights procurement / Sales Contract • Deal Memo Creation and Approval • Deal Memo Program & Episode Details • Budgeting of the Deal Memos • Vendor Material Contracts • Deal Memo Amendment • Deal Memo Termination • Deal Memo Closure • Rights Procurement / Sales Contract • Rights Inventory 2
- 22. 22 CONTENT LIFECYCLE MANAGEMENTSOLUTION Procurement • Purchase order Creation for In-House & Co-Production • Vendor Contracts Commissioned / Artists • Purchase Order Amendments • Actual Based GRNs for In-House • Entry for Tape Receipts • Milestone Updates 3 Optional: Vendor Portal based Procurement Solution
- 23. 23 CONTENT LIFECYCLE MANAGEMENTSOLUTION Invoice Accounting 4 • Parking Invoice Verifications • Pre-Production/ Production/ Post- Production • Invoice Posting • Advance Recognition & Reversal • Vendor Payment Process • Cash Expenses Posting • Posting based on viewership data & Late Delivery
- 24. 24 CONTENT LIFECYCLE MANAGEMENTSOLUTION Inventory Recognition & Rights Availability check • Periodic Settlement to Inventory WIP • Provisioning & Reversal for Balance Inventory • Settlement to Program Inventory on Program Closure • Rights Check 5
- 25. 25 CONTENT LIFECYCLE MANAGEMENTSOLUTION Amortization • Actualization of Amort Values on Closure / Termination • As Run Based Actual & Variance Reporting 6
- 26. BUT HOW DOWE DO IT? • The SAP systems are on older version • Still running on- premise application • HANA and S/4 HANA on long term roadmap • Capital expenditure is restricted
- 27. HANA CLOUD PLATFORM!! WithSAP HANA Cloud Platform You Can…..
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- 29. HOW DOES ITWORK…
- 30. BUSINESS BENEFITS • TightBudgetary Controls and approvals for overspends and supplement budgets • Real-time Inventory status facilitates visibility on IP • Visibility of Cash outflow and forecasting • Reporting – MIS/ Financial/Operations/Inventory/Rights Information • Alerts for the violation of rights & expiry of contracts – curbs penalties
- 31. 31 BUSINESS BENEFITS • Tracktimely delivery of content • Track real time inventory • Recognize Intellectual Property • Budget vs Actual reporting • Reduce overruns without approvals • More scientific decision making process • Capture all rights relevant data • Timely reminders on expiry of contracts • Avoid violation of rights contracts Production House Finance Team Rights Management
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- 33. FOLLOW US Thank youfor your time Follow us on at @ASUG365 @invenio_sap Email: glennis.spieker@invenio-solutions.com
Editor's Notes
- #7 Awards Slide