Corporate Perfomance Management & Cloud-Based Planning | Michael Ciprietti
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Understand what's new, what's coming and how your organization can benefit from intuitive, cloud-based planning, reporting and analysis solutions from Adaptive Insights. Michael Ciprietti BDO Canada LLP BDO Connections 2016 | Breakout Session
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Corporate Perfomance Management & Cloud-Based Planning | Michael Ciprietti
- 1. Presenter: Michael Ciprietti, Consultant Moderator: Abdul Hoosen, Sr. Consultant Team: Business Analytics | Solutions Michael Ciprietti | mciprietti@bdo.ca | 905.537.0897 Abdul Hoosen | ahoosen@bdo.ca | 416.471.1498 Corporate Performance Management & Cloud- Based Planning
- 2. What is Corporate Performance Management (CPM)? “CPM is an umbrella term that describes the methodologies, metrics, processes and systems used to monitor and manage the business performance of an enterprise.” - Gartner
- 3. Presenter: Michael Ciprietti, Consultant Moderator: Abdul Hoosen, Sr. Consultant Team: Business Analytics | Solutions • Introduction • New Features • Benefits Adaptive Insights
- 4. • Leader in cloud corporate performance management (CPM). • Offers budgeting, forecasting, financial reporting, consolidation, and visual analytics (Unified BI & CPM) • Provides greater BI to empower finance, sales, and other business leaders and Stakeholders • More than 3,000 Companies in 87 countries • HQ: Palo Alto, California Adaptive Insights– Introduction
- 5. • Financial Modelling Engine • Excel-Like Interface • Intuitive Administration • Self-Service Adaptive Insights– Introduction
- 6. • Ad Hoc • High-Performance Analytic Engine • Financial and Operational Data • Self-Service Adaptive Insights– Introduction
- 7. • Familiar for Finance & Accounting • Unified • Immediate – No Batch Jobs • Collaborative Adaptive Insights– Introduction
- 9. • Familiar for Finance & Accounting • Unified • Immediate – No Batch Jobs • Collaborative Adaptive Insights– Introduction
- 10. • Drag and Drop • Slice and Dice • Cell Level Detail • Real-time Drill Down • Custom Calculations Adaptive Insights– Introduction
- 11. • Transform Existing Excel reports to be Adaptive • Dynamic with intelligent linking for one-click refresh • Develop Reports, Board Packages, Presentations, and Disclosure Documents Adaptive Insights– Introduction
- 12. • Any ERP, GL, CRM, HCM, Custom • Cloud, on-premises, CSV, data warehouse, database • PC, laptop, tablet, smartphone • New Built-in Integration wizard for • Microsoft Dynamics GP • Excel • ETL Adaptive Insights– New Features
- 13. Dimensional Attributes • Assign attributes to your existing dimensions and report off them Dimensional Value Import • New Dimensional values will be imported if new ones exist in Data import Multi Version display on Standard Sheet • You are now able to see multiple versions on a single data input sheet for comparative analysis as you budget Adaptive Insights– New Features
- 14. Benefits to the User Individual Accountability • Individualized Tasks and Responsibilities that can be monitored Clearer Visibility • Ability to analyze summary data and supporting transactions Self-Service • All users can generate reports, export to PDF, or excel for further analysis Intuitive Interface • Easy to navigate and locate required apps Enhanced Collaboration • All team members on the same platform, with the same data Secure • Users are restricted to their own organizational responsibilities Scalable • Remodel and adapt the solution as your business grows and changes And Many More…. Benefits to the Organization Adaptive Insights– Benefits
Editor's Notes
- Typically, organizations start by using personal productivity tools like spreadsheets to manage processes like budgeting, forecasting and reporting. But unlike spreadsheets, software applications such as Adaptive are designed to automate your business’s non-transactional processes – specifically picking up where your ERP system leaves off.
- In this presentation, we will be going through the Adaptive Suite of products in order to provide you with either a first look, or a better understanding of the tool and how it can help improve the efficiencies around your organizations planning and reporting. Discuss the four the products & Integration
- Adaptive is HQ’d in Palo Alto, Cali. And is the leader in Cloud-Based corporate performance Management, they are cloud-only software that offers budgeting forecasting, financial reporting, consolidation, and a visual analytics to provide a unified BI & CPM tool. There are 3000+ companies in 87 countries that are on Adaptive for their financial process.
- The adaptive planning module provides a flexible financial modelling engine that allows the business to plan for key business expenses, revenue streams, capital expenditures, personnel, Balance Sheet and Cash flow. Although these are the key and most commonly implemented planning models, Adaptive allows you to take it across various aspects of your organization, such as Loan and amortization forecasting, demand planning, Sales incentive and Quota planning, the list goes on and on… And for those who are very comfortable working in excel, Adaptive planning is provides an excel like interface by leveraging the Cell by cell sheet structure familiar to us in excel.
- Adaptive Discovery is the marriage of BI with CPM. The ability to produce dashboards key metrics, kpis, goals, financial & operational data is every executive’s dream. This is important because a simple interface that uses appealing visuals to present meaningful information is easily consumed and digested allowing key stakeholders to spend more time evaluating the results and making more sound decisions to support the business.
- If your organization structure looks like this..
- And month end comes around, it can mean late nights and lots of coffee to get the working papers ready, all the elimination entries in, and if you have multi-currency, that can be insult to injury to with the currency translation bang on, unless we just use it as a plug.. Which we do.
- With Adaptive Consolidation, the system provides the ability to manage your organization structure by leveraging the source currency & percentage of ownership identified for each organization with the structure, to automate the consolidation process. In addition, elimination entries can be done with the system, and if they are recurring they too can be automated month to month. The system also provides several layers of data for reporting and analysis. These layers are the pre-consolidation, adjustments, Post consolidation etc. there is also a workflow, or process tracker that is integrated with Consolidation which helps track the tasks and those responsible for those tasks with the consolidation process.
- The Reporting tool in Adaptive, is a self service tools that allows users to leverage the financial and organizational structure to drag and drop and create reports in the structure they want. This is a self-service tool. Users can leverage system accounts, or create custom calculations within the report, as well as drill down into the detail of given value that they are reporting on.
- With Adaptive OfficeConnect users get the Best Cloud CPM connection to MS Office. We deliver Beautiful Reports.Fast Reports are formatted exactly the way our users need them in a fraction of the time of traditional reports. Why? Because unlike other report writers, with Adaptive OfficeConnect you can link existing Excel reports to Adaptive. Starting with a current Excel report as a foundation let’s users leverage past work, and avoid reinventing the wheel. It’s also Dynamic & Connected With out of the box integration to Adaptive Planning & Consolidation, users pick and choose from Adaptive accounts and dimensions they already know. And with our intelligent linking, Adaptive OfficeConnect reports can be updated month after month with a simple one click refresh A third and equally powerful differentiator is our comprehensive connection across the Office Suite: Excel.Word.PowerPoint What this means is that our customers won’t have to replicate report work for Board Books in Word, or a PPT presentation to the Board. Instead, all of the work done in Excel can dynamically flow to Word and PPT. Many say, this is standard in MS Office. But our intelligent flow through to Word and PPT is more advanced, allowing for rows, and columns to change in the original report, and automatically propagate into the Doc or Slide, with accuracy and no additional formatting required.