How to go from HFM (on prem) to FCCS(cloud) with a horizontal learning curve

Session ID:
Prepared by:
How to go from HFM (on-prem)
to FCCS (cloud) with a horizontal
learning curve
CPI Card Group Completed Its Cloud Migration with FCCS
10621
Doga Pamir, Solutions Architect, Perficient
Tory Wilson, Business Systems Analyst, CPI Card Group

April 2-6, 2017 in Las Vegas, NV USA #C17LV
Agenda
• About CPI Card Group
• CPI Cloud Applications
• Why CPI Goes to Cloud
• CPI Cloud Migration Timeline
• Why Perficient
• Challenges and Benefits
• About Perficient
• Oracle EPM Cloud
• About FCCS
• FCCS Quick Facts
• FCCS vs HFM Dimensionality
• FCCS Pre-built Calculations
• FCCS Metadata via Smartview
• Q&A

Largest US Provider of Plastic Credit and Debit Cards
 20+ years in operation
 $308M+ in Net Sales FY 2016
 9 locations in North America, 2 locations in the UK
 1300+ employees
 Over 4000 customers direct and indirect
 Industry leaders in Financial and Pre Paid Market
 IPO October 2015
 Nasdaq: PMTS
Diverse Information Systems
 Monarch ERP by EFI
 Custom operational ERP system two sites
 Oracle FCCS
 Oracle PBCS
 Oracle Sales Cloud
 Oracle HCM
 Oracle BICS
CPI Card Group

Sales Cloud
FCCS
HCM
PBCS
BICS
CLOUD
CPI Cloud Applications

Why CPI Goes to Cloud?

CPI Cloud Migration Timeline
Timeline
October: Define requirements, re-
build Entity Dimension hierarchy
November: Migrate FDM, set up
Data Management, set up security,
defining Dimensions
December: Load and validate data
via Smart View, migrate FRS
reports, test FDMEE trial balance
import
January: Build new FRS reports,
build Close Manager, UAT testing
February: Go Live
FCCS
1. Define
Req’s
2. Define
Dim’s
3. Migrate
Metadata
4. Load &
Validate
Data
5. UAT
Testing
6. Go Live

Why Perficient?
Understand our business
Strong knowledge of HFM and FCCS
Strong relationship with Oracle
Knowledgeable team
Abilities outside of EPM
Ability to build strong working relationships
Earned trust to work with users outside of technology group
Collaborative Delivery Model with Knowledge Transfer

• Limited user knowledge with the current application
• Rules, Eliminations, etc.
• No Flow/Movement dimension in the current application
• No roll forwards
• No cash flow
• Dimensionality changes (i.e. Entity restructure)
• Manual Excel workbooks
• Hardware, Virtualization, Disaster Recovery, Backups
Challenges
Benefits
• No infrastructure investment
• Scheduled and automated updates by Oracle
• Easy application creation, configuration, user interface
• Out of the box:
– calculations (Net Income to RE, Equity Overrides, etc.)
– roll forwards
– cash flow
– dashboards
• Metadata management using Smart View
• Integrated Close Manager and Supplemental Data

Perficient Profile
• Founded in 1997
• Public, NASDAQ: PRFT
• 2016 revenue: $486.9 million
• Major market locations:
Allentown, Atlanta, Ann Arbor, Boston, Charlotte, Chattanooga, Chicago, Cincinnati,
Columbus, Dallas, Denver, Detroit, Fairfax, Houston, Indianapolis, Lafayette, Milwaukee,
Minneapolis, New York City, Northern California, Oxford (UK), Southern California, St.
Louis, Toronto
• Global delivery centers in China and India
• 3,000+ colleagues
• Dedicated solution practices
• ~95% repeat business rate
• Alliance partnerships with major technology vendors
• Multiple vendor/industry technology and growth awards

Perficient EPM Practice
Fast Facts
• Practice Started: 2002
• Projects Completed: 1000+
• Management Team: 15
years
• Oracle Authorized
Education Center
• SupportNet & Managed
Services
Solutions Expertise
• Cloud readiness assessments
• EPM strategy and health check
• Cloud & on-premises solutions
• Financial close & consolidations
• Reporting & analytics
• Data relationship management
• Account reconciliations
• Profitability & cost management
• Infrastructure & high availability
Oracle Specializations

Cloud Strategy
Our cloud advisory
services are
designed to help
guide you through
each stage of an
enterprise cloud
transformation to
achieve your
desired business
Strategic
Assessments
Implementations /
Migrations
Change
Management &
Manage Services
Assess current
state of
applications and
processes
Complete your
Oracle Cloud
rollout or
migration with
help from our
experienced team
using repeatable
and agile
processes to
produce
measurable
outcomes.
Communication &
Training included
in project. Post
implementation
Support with SLA

Poll Question 1
Survey 1: Which of the following Oracle cloud offerings is your organization currently considering?
(Select All Apply)
A: Enterprise / Planning and Budgeting Cloud
B: Financial Consolidation and Close Cloud
C: Enterprise Performance Reporting Cloud
D: Account Reconciliation Cloud
E: Not Considering EPM Cloud
F: No Cloud Strategy at this time

Poll Question 1
Results from Perficient Webinar - 03.06.2017
Orthofix Improves its Financial Close and Consolidations with Oracle Cloud (ARCS & FCCS)

Oracle’s EPM Cloud Leadership
Built on over
15 years of
product
innovation
Clients across
industries
Financial Services, Higher Ed,
Consumer Goods, Retail, Services,
High Tech, Public Sector
2,339
Customers to date
123,354
End users and
growing!
Available and
supported
globally
24 X 7 X 365
⁺ As of 30 Nov2016
First service
launched:
February 2014
(7 products to date)
Copyright © 2016 Oracle and/or its affiliates. All rights reserved.

Cloud-based ‘Software-as-a-Service’
delivery advantages:
• No capital infrastructure investments
• Minimal IT resource requirements
• Never have to worry about upgrades
• Owned by line of business
• New features are more frequently
available
• Backups are owned by Oracle
Oracle Cloud Service

• Best practices out-of-the-box to get
up and running quickly
• A configurable and upgradable
consolidation and close framework to
tailor the solution to specific
requirements
• Easy to use and maintain
• An end to end consolidation and
close solution
• Powerful analytics, dashboards,
reports, and analysis for unparalleled
insight
• No infrastructure investments
required
• Financial Close Manager and
Supplemental Data
Oracle Financial Consolidation and Close Cloud Service (FCCS)

Poll Question 2
Survey 2: What is the biggest challenge(s) you’re facing in your current financial close process?
(Select All Apply)
A: Time wasted manipulating data in Excel
B: Too detailed / too summarized
C: Reporting and variance explanations
D: Uncontrolled or insecure financial data
E: Resources are stretched thin and can’t support business needs

Poll Question 2
Results from Perficient Webinar - 03.06.2017
Orthofix Improves its Financial Close and Consolidations with Oracle Cloud (ARCS & FCCS)

FCCS Highlights
• Pre-seeded members (FCCS_)
• System Dimensions
• Currency
• Consolidation
• Data Source
• Movement
• Pre-built calculations
• Net Income to RE
• Roll Forwards
• Historical Overrides
• Translations
• Eliminations (first common parent)
• CTA
• FCCS_Balance (Plug on Balance Sheet)
• Metadata Management
• Smart View
• Close Manager & Supplemental Data

FCCS vs HFM – Dimensionality
FCCS Dimensions
Scenario
Account
Entity
Years
Period
View
Intercompany
HFM Dimensions
Scenario
Account
Entity
Year
Period
View
ICP

FCCS vs HFM – Dimensionality (cont.)
Currency
USD
GBP
CAD
...
Value
[Contribution]
[Elimination]
[Proportion]
<Parent Currency> (pointer)
<Entity Curr Total>
<Entity Curr Adjs>
<Entity Currency> (pointer)
Currency
No Currency
Input Currencies
Reporting Currencies
Entity Currency (stored)
Parent Currency (stored)
Consolidation
FCCS_Contribution
FCCS_Elimination
FCCS_Proportion
FCCS_Entity Total
FCCS_Entity Input
FCCS_Entity Consolidation

FCCS vs HFM – Dimensionality (cont.)
Data Source (System)
FCCS_Data Input
FCCS_Journal Input
FCCS_Supplemental Data
FCCS_Intercompany Eliminations
….
Movement (System)
FCCS_ClosingBalance
FCCS_TotalOpeningBalance
FCCS_Mvmts_Total
FCCS_CashFlow
FCCS_CashChange
Origin/SourceType, etc. (Custom)
GL
Journal
Data Form
Eliminations
….
Movement/Flow/RF, etc. (Custom)
ENDBAL
OPEBAL
ACT
CTA
….

FCCS Pre-built Calculations
Net Income to RE Current Roll Forward

FCCS Pre-built Calculations (cont.)
Historical Override
Consolidation Dimension
Currency Dimension

FCCS vs HFM – Translation
EOMRate = Balance
AvgRate = Flow
Opening Balance (Translated) = Closing
Balance (Translated) prior period
Movements = PVA method and Average Rate
EOMRate: Balance Sheet
AvgRate: Income Statement
Custom translations

FCCS vs HFM – Elimination
Is ICP = Y
Plug Account
Intercompany Account = IC_Acc_Yes
Plug Account

FCCS – Metadata via Smart View
2
1
3

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Session ID: 10621

Doga Pamir
doga.pamir@perficient.com
Solutions Architect
Perficient
Oracle HFM Certified Implementation Specialist
Oracle Certified Instructor
THANK YOU

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