Mercer Advisors, a privately held wealth management firm with approximately $11 billion in assets under management, needed a more robust financial reporting solution. Its legacy solution relied on an Excel-based framework with multiple General Ledger systems providing current and historical data.
Mercer Advisors decided to implement Essbase Cloud, part of the Oracle Analytics Cloud (OAC) platform to provide a modern platform for financial reporting. Mercer Advisors partnered with Perficient to execute on its vision to reap the benefits of this solution.
Mercer Advisors chief financial officer, Douglas Maxwell, discussed the OAC implementation including lessons learned and how OAC can benefit organizations like yours.
Discussion included:
-Challenges with the legacy environment
-Excel to cloud migration approach
-Benefits realized
When it comes to the cloud, Gartner may have said it best:
“By 2020, a corporate ‘no-cloud’ policy will be as rare as a corporate ‘no-internet’ policy is today.”
If your organization is still skeptical of the cloud, now is the time to take a closer look. Faster implementation timelines and reduced maintenance costs are just two reasons why the cloud is becoming the standard across all industries.
In our webinar, we dispelled common concerns and explored the benefits of operating in the cloud. We also provided real-world examples of companies that have taken the leap and discovered just how much better business works in the cloud.
Unable to attend Oracle OpenWorld to learn about the latest developments in Oracle EPM Cloud? It can be difficult to keep abreast of all the changes in this evolving landscape, but we’ve got you covered.
In our webinar, Perficient’s Oracle EPM leadership explored the current cloud offerings and what’s around the corner. Whether you are in IT or finance, your colleagues are driving digital transformation by including cloud in their performance management strategy.
Discussion covered:
-In-depth review of the Oracle EPM Cloud suite
-How the products can be integrated
-How SaaS products compare to on-premises editions
-Benefits of cloud strategies
Enterprise Planning and Budgeting Cloud EPBCS FactsheetJade Global
Enterprise Planning and Budgeting Cloud (EPBCS) helps business owners reduce the use of spreadsheets, maximize performance and plan for the future. Planning and Budgeting Cloud Service (PBCS) and EPBCS in the cloud provide world class premium functionalities in a complete planning, budgeting and forecasting solution.
The session is a case study on how CareFirst transitioned from an on-premises custom Essbase application to a costing solution using Oracle Enterprise Data Management Cloud Service (EDMCS) and Oracle Profitability and Cost Management Cloud Service (PCMCS). CareFirst is one of the first Blue Cross Blue Shield plans to fully implement on the cloud. Through a live demo, insights will be provided on the movement of metadata and data during a monthly close cycle using EDMCS, data management integration with on-premises data sources, PCMCS cloud to cloud integration, and EPM Cloud automation using a Linux automation hub.
Moving to the cloud requires proper planning. There are many reasons to move to the cloud but without starting with a solid plan it will be difficult to achieve your objectives.
Are you prepared for the cloud?
In this webinar, Portal Solutions’ Daniel Cohen-Dumani and Dale Tuttle discuss Making your Cloud Strategy Work in 2016, including:
- Learning the key steps to making a cloud strategy that works
- Determining how moving to the cloud impacts your staff & your business
- Learning how to align your goals with opportunities
Cloud Enablement Engine Role Definition and MappingTom Laszewski
Question: How do traditional roles map to cloud roles. As an operations person, what things will I do when the cloud is deployed.
Answer: The following slides provide an example of mapping of traditional roles to cloud roles. The content is a bit generic and was initially intended for a larger global enterprise, but the roles, skills and concepts may be helpful for discussion.
When it comes to the cloud, Gartner may have said it best:
“By 2020, a corporate ‘no-cloud’ policy will be as rare as a corporate ‘no-internet’ policy is today.”
If your organization is still skeptical of the cloud, now is the time to take a closer look. Faster implementation timelines and reduced maintenance costs are just two reasons why the cloud is becoming the standard across all industries.
In our webinar, we dispelled common concerns and explored the benefits of operating in the cloud. We also provided real-world examples of companies that have taken the leap and discovered just how much better business works in the cloud.
Unable to attend Oracle OpenWorld to learn about the latest developments in Oracle EPM Cloud? It can be difficult to keep abreast of all the changes in this evolving landscape, but we’ve got you covered.
In our webinar, Perficient’s Oracle EPM leadership explored the current cloud offerings and what’s around the corner. Whether you are in IT or finance, your colleagues are driving digital transformation by including cloud in their performance management strategy.
Discussion covered:
-In-depth review of the Oracle EPM Cloud suite
-How the products can be integrated
-How SaaS products compare to on-premises editions
-Benefits of cloud strategies
Enterprise Planning and Budgeting Cloud EPBCS FactsheetJade Global
Enterprise Planning and Budgeting Cloud (EPBCS) helps business owners reduce the use of spreadsheets, maximize performance and plan for the future. Planning and Budgeting Cloud Service (PBCS) and EPBCS in the cloud provide world class premium functionalities in a complete planning, budgeting and forecasting solution.
The session is a case study on how CareFirst transitioned from an on-premises custom Essbase application to a costing solution using Oracle Enterprise Data Management Cloud Service (EDMCS) and Oracle Profitability and Cost Management Cloud Service (PCMCS). CareFirst is one of the first Blue Cross Blue Shield plans to fully implement on the cloud. Through a live demo, insights will be provided on the movement of metadata and data during a monthly close cycle using EDMCS, data management integration with on-premises data sources, PCMCS cloud to cloud integration, and EPM Cloud automation using a Linux automation hub.
Moving to the cloud requires proper planning. There are many reasons to move to the cloud but without starting with a solid plan it will be difficult to achieve your objectives.
Are you prepared for the cloud?
In this webinar, Portal Solutions’ Daniel Cohen-Dumani and Dale Tuttle discuss Making your Cloud Strategy Work in 2016, including:
- Learning the key steps to making a cloud strategy that works
- Determining how moving to the cloud impacts your staff & your business
- Learning how to align your goals with opportunities
Cloud Enablement Engine Role Definition and MappingTom Laszewski
Question: How do traditional roles map to cloud roles. As an operations person, what things will I do when the cloud is deployed.
Answer: The following slides provide an example of mapping of traditional roles to cloud roles. The content is a bit generic and was initially intended for a larger global enterprise, but the roles, skills and concepts may be helpful for discussion.
As organizations begin their journey to the cloud, they often ask us what changes they need to make in their organizations in order to sustainably adopt cloud services. This webinar will educate attendees on charting their own cloud adoption journey by leveraging the AWS Cloud Adoption Framework (CAF) to sequence the transformational activities. We will go through the 7 key perspectives of the CAF that will shape your people, process, and technology strategy, and how they guide you through the 8-step journey into the cloud through the process of IT Transformation.
Once a Technical Due Diligence has been completed, the real work happens after the acquisition has closed. Here is a post Transaction value creation presentation that details the roadmap, programs, offerings, and resources to develop a 100 day plan and beyond.
Top Considerations When Deciding Between Cloud Apps, Cloud Infrastructure or ...Datavail
Which Cloud is right for you? OCI, AWS, Azure…This presentation looks at how the right cloud can move your company forward. This applies to Oracle: JDE, PeopleSoft, Hyperion, OBIEE, and EBS
Moving from MaxL to EPMAutomate for Oracle Planning & Budgeting Cloud Service...mindstremanalysis
MindStream Analytics is a leading consulting and managed services provider with a proven track record for helping leading global companies address their enterprise challenges, focused on delivering sustainable profitability and competitive advantage. Data is a new economic as set that is rapidly expanding and changing. You're challenged to figure out how to use it to your organization's advantage.
We work collaboratively with our clients and bringing innovative strategies that enable organizations to gain competitive edge and win with data.
AWS Enterprise Professional Services offers a global consulting practice that can help your organization improve time-to-value and lower operational risks for your cloud projects.
Presented by Ken Sansom
Journey to the Cloud: What I Wish I Knew Before I StartedDatavail
Moving to the cloud can raise more questions than answers. Do I move and improve to Infrastructure as a service, or redesign my business processes on Software as a Service.
This presentation covers several cloud migrations to OAC, EBS/Cloud (HCM/Financials) and Hyperion, and outlines what went well and what could have gone better.
In this session you will get an understanding how to evaluate your company's or applications' cloud readiness. We will cover aspects such as workload and data categorisation, automation levels, design for failure and cost-optimised architectures. We will be looking at typical application evolution paths from tightly coupled physical systems, in some cases through virtualisation, to cloud-native, or cloud-ready, loosely coupled, distributed and automated solutions.
This session will also take a look at typical enterprise business processes, from procurement to development and testing, and operations and support. We will introduce known-to-work cloud-ready business processes and new best practices, through customer use cases from companies who are cloud native, or have undergone a cloud transformation to get there.
Oracle Planning and Budgeting Cloud Service (PBCS)US-Analytics
70% of executives say they are moving their finance systems into the cloud within the next year. Ready to bring world-class planning and forecasting to your organization?
Moving Oracle Applications to the Cloud - Which Cloud is Right for Me?Datavail
We have all heard about the cloud and we are told we should be moving there. Are you aware there are different types of cloud? Moving an application to the cloud can be a lot of work, disrupt your business and cost a lot of money. Moving to Infrastructure as a Service however, allows you to keep your customizations, keep the look and feel your users are accustomed to, but also be able to leverage a highly scalable, robust environment.
Moving to SaaS means you can leverage the latest technologies and best practices, and focus on your business. If you chose IaaS or SaaS, testing is a common strategic differentiator. Which Cloud is right for you? OCI, AWS, Azure. Let’s look at how the right cloud can move your company forward. This applies to Oracle: JDE, Peoplesoft, Hyperion, OBIEE, and EBS.
Enterprise Transformation through Cognizant’s XaaS fabric on AWS (ENT222) | A...Amazon Web Services
(Presented by Cognizant) Unlocking the true value of the AWS cloud is not a one-size-fits all task. As a Premier Consulting Partner, we have worked with a number of enterprises on their journey towards the AWS cloud. As a best practice, we have developed tools and frameworks to assist along the way. Join our experts as we discuss practical examples of AWS implementations, based on which you can help your organization run better and run different.
-Cloud Stepz is a structured factory based process framework that helps clients migrate their application workloads to a cloud environment. It covers three major phases of the cloud journey, which are Strategy & Roadmap, Workload Assessment, and Migration Foundry.
-Cloud360 hyperplatform is a manager of enterprise cloud services that abstracts and governs private, public, and legacy IT assets and delivers a superior, on-demand service experience.
-assetSERV makes digital content management easy for large enterprises. Its cloud-based platform delivers tailored, on-demand marketing content that can be accessed and managed anytime, anywhere, and on any device.
From BI Developer to Data Engineer with Oracle Analytics Cloud Data Lake EditionRittman Analytics
Presentation at ODTUG KScope'18 on the data engineering and advanced analytics capabilities in Oracle Analytics Cloud Data Lake Edition, Oracle Big Data Cloud and Oracle Event Hub Cloud Service
A Guide to Oracle's Planning and Budgeting Cloud ServiceInnovusPartners
Join us for this introductory session to Oracle’s Planning and Budgeting Cloud Service. We will provide an overview of the offering including current features and limitations, a comparison of PBCS to on premise Planning, and a look at the implementation lifecycle as well as how it compares to an on premise implementation. The session will provide helpful tips and tricks to streamlining the PBCS implementation, including a look at an express implementation. The session will also provide a demonstration of some of the features and administrative tasks involved with PBCS.
Oracle EPM Day Philadelphia - What is your Cloud Strategy?Alithya
Randy Schmitz of Edgewater Ranzal presented at Oracle EPM Day in Philadelphia on What is your Cloud strategy?
Approaches to Extending your Oracle Technology Investment
As organizations begin their journey to the cloud, they often ask us what changes they need to make in their organizations in order to sustainably adopt cloud services. This webinar will educate attendees on charting their own cloud adoption journey by leveraging the AWS Cloud Adoption Framework (CAF) to sequence the transformational activities. We will go through the 7 key perspectives of the CAF that will shape your people, process, and technology strategy, and how they guide you through the 8-step journey into the cloud through the process of IT Transformation.
Once a Technical Due Diligence has been completed, the real work happens after the acquisition has closed. Here is a post Transaction value creation presentation that details the roadmap, programs, offerings, and resources to develop a 100 day plan and beyond.
Top Considerations When Deciding Between Cloud Apps, Cloud Infrastructure or ...Datavail
Which Cloud is right for you? OCI, AWS, Azure…This presentation looks at how the right cloud can move your company forward. This applies to Oracle: JDE, PeopleSoft, Hyperion, OBIEE, and EBS
Moving from MaxL to EPMAutomate for Oracle Planning & Budgeting Cloud Service...mindstremanalysis
MindStream Analytics is a leading consulting and managed services provider with a proven track record for helping leading global companies address their enterprise challenges, focused on delivering sustainable profitability and competitive advantage. Data is a new economic as set that is rapidly expanding and changing. You're challenged to figure out how to use it to your organization's advantage.
We work collaboratively with our clients and bringing innovative strategies that enable organizations to gain competitive edge and win with data.
AWS Enterprise Professional Services offers a global consulting practice that can help your organization improve time-to-value and lower operational risks for your cloud projects.
Presented by Ken Sansom
Journey to the Cloud: What I Wish I Knew Before I StartedDatavail
Moving to the cloud can raise more questions than answers. Do I move and improve to Infrastructure as a service, or redesign my business processes on Software as a Service.
This presentation covers several cloud migrations to OAC, EBS/Cloud (HCM/Financials) and Hyperion, and outlines what went well and what could have gone better.
In this session you will get an understanding how to evaluate your company's or applications' cloud readiness. We will cover aspects such as workload and data categorisation, automation levels, design for failure and cost-optimised architectures. We will be looking at typical application evolution paths from tightly coupled physical systems, in some cases through virtualisation, to cloud-native, or cloud-ready, loosely coupled, distributed and automated solutions.
This session will also take a look at typical enterprise business processes, from procurement to development and testing, and operations and support. We will introduce known-to-work cloud-ready business processes and new best practices, through customer use cases from companies who are cloud native, or have undergone a cloud transformation to get there.
Oracle Planning and Budgeting Cloud Service (PBCS)US-Analytics
70% of executives say they are moving their finance systems into the cloud within the next year. Ready to bring world-class planning and forecasting to your organization?
Moving Oracle Applications to the Cloud - Which Cloud is Right for Me?Datavail
We have all heard about the cloud and we are told we should be moving there. Are you aware there are different types of cloud? Moving an application to the cloud can be a lot of work, disrupt your business and cost a lot of money. Moving to Infrastructure as a Service however, allows you to keep your customizations, keep the look and feel your users are accustomed to, but also be able to leverage a highly scalable, robust environment.
Moving to SaaS means you can leverage the latest technologies and best practices, and focus on your business. If you chose IaaS or SaaS, testing is a common strategic differentiator. Which Cloud is right for you? OCI, AWS, Azure. Let’s look at how the right cloud can move your company forward. This applies to Oracle: JDE, Peoplesoft, Hyperion, OBIEE, and EBS.
Enterprise Transformation through Cognizant’s XaaS fabric on AWS (ENT222) | A...Amazon Web Services
(Presented by Cognizant) Unlocking the true value of the AWS cloud is not a one-size-fits all task. As a Premier Consulting Partner, we have worked with a number of enterprises on their journey towards the AWS cloud. As a best practice, we have developed tools and frameworks to assist along the way. Join our experts as we discuss practical examples of AWS implementations, based on which you can help your organization run better and run different.
-Cloud Stepz is a structured factory based process framework that helps clients migrate their application workloads to a cloud environment. It covers three major phases of the cloud journey, which are Strategy & Roadmap, Workload Assessment, and Migration Foundry.
-Cloud360 hyperplatform is a manager of enterprise cloud services that abstracts and governs private, public, and legacy IT assets and delivers a superior, on-demand service experience.
-assetSERV makes digital content management easy for large enterprises. Its cloud-based platform delivers tailored, on-demand marketing content that can be accessed and managed anytime, anywhere, and on any device.
From BI Developer to Data Engineer with Oracle Analytics Cloud Data Lake EditionRittman Analytics
Presentation at ODTUG KScope'18 on the data engineering and advanced analytics capabilities in Oracle Analytics Cloud Data Lake Edition, Oracle Big Data Cloud and Oracle Event Hub Cloud Service
A Guide to Oracle's Planning and Budgeting Cloud ServiceInnovusPartners
Join us for this introductory session to Oracle’s Planning and Budgeting Cloud Service. We will provide an overview of the offering including current features and limitations, a comparison of PBCS to on premise Planning, and a look at the implementation lifecycle as well as how it compares to an on premise implementation. The session will provide helpful tips and tricks to streamlining the PBCS implementation, including a look at an express implementation. The session will also provide a demonstration of some of the features and administrative tasks involved with PBCS.
Oracle EPM Day Philadelphia - What is your Cloud Strategy?Alithya
Randy Schmitz of Edgewater Ranzal presented at Oracle EPM Day in Philadelphia on What is your Cloud strategy?
Approaches to Extending your Oracle Technology Investment
At SmartERP, we realize that every organization is different with a unique set of requirements. Depending on your needs, SmartERP can offer both hourly and fixed-fee pricing models for our services. SmartERP has services to manage the ‘whole stack’ of a customer’s IT infrastructure. In this model, infrastructure and applications are managed for customers and a single team manages the support. Services are constantly updated, with existing features upgraded and additional features added.
We support:
Oracle Cloud | PeopleSoft | JD Edwards | E-Business Suite | NetSuite
Cloud Streaming & Financial Close: Streamline Your Financial ProcessesAlithya
New approaches and leading edge technologies to help companies become more agile in their planning, budgeting, forecasting and reporting processes.
Original presentation delivered on 9/14/17
estrat and Amazon Web Services (AWS) breakfast in Perth with presenters from MINEMAN, Present Group, AWS and estrat. An informative session on cloud adoption as the new normal in IT strategy.
How Noble Energy Automated Reconciliations with Oracle ARCSPerficient, Inc.
Noble Energy, an independent oil and natural gas exploration and production company, had struggled for years with a cumbersome spreadsheet and email-driven account reconciliation process. The accounting team sought a purpose-built tool with auditing, workflow and automated reconciliation capabilities. The IT team wanted a solution in line with their Cloud-first strategic direction.
After evaluating several products, Noble Energy selected Oracle Account Reconciliation Cloud Service (ARCS) with transaction matching and partnered with Perficient to deliver the implementation.
Project owner Matt Dossett, CPA and Senior Accountant, discussed their migration to ARCS including lessons learned and how ARCS could benefit your organization.
Discussion included:
-Challenges with the legacy account reconciliation process
-The factors leading to the selection of Oracle ARCS
-Considerations of implementing a cloud solution with on-premises Oracle EBS ERP
-The value of automated reconciliations with transaction matching
-Benefits realized with ARCS implementation
How Western Alliance Bank is Innovating with Oracle Analytics CloudPerficient, Inc.
Western Alliance Bank had good visibility into profitability but lacked a platform that could pull data from different sources, model it, and create visual stories that empowered users to spot opportunities, forecast efficiently, and reduce risk.
Andrew Boucher, former vice president of FP&A at Western Alliance Bank, led the bank’s effort to find a cloud analytics platform that would meet its needs without being overwhelming to deploy and manage. The company chose Oracle Analytics Cloud (OAC) and partnered with Perficient to help.
We joined Andrew to discuss Western Alliance Bank’s experience with OAC, lessons learned, and how OAC could benefit your organization.
Discussion included:
-Challenges with the legacy environment
-Benefits realized with consolidated analytics, ability to trend KPIs, and drill to detail
-Best practices and methodology
-Latest development on Oracle Analytics Cloud
PeopleSoft HCM 9.2 is here! A whole new user experienceEmtec Inc.
Emtec hosted this webinar, which highlights many of the new features, functions and enhancements in PeopleSoft HCM 9.2. Discover how Oracle has simplified processing and increased analytics within the application, leading to increased productivity and an overall improved user experience.
What Do you Need to Know to make IT-as-a-Service a Reality?Gravitant, Inc.
Cloud is on everyone’s mind, in fact in a recent IDC survey over 70% of IT Executives indicated IT-as-a-Service is key to enterprise success and in a recent Cisco and Intel survey, 76% of respondents see themselves becoming an internal broker. These two trends represent a shift in the approach to IT services, one that focuses on business operations as much, if not more, than traditional IT operations.
Join Gravitant and Leverhawk as we share our customers’ early learnings and strategic considerations in making the transition to ITaaS and key takeaways for what you need to know to do IT-as-a-Service right in your organization.
Lauren Technologies have been in IT industry for more than 20 years, being specialized in business applications and catering to hardware and software requirements of customers. Right from creating mobile applications to providing dashboards and reporting, we have been delivering value to the customers !
Planning and Budgeting in the Cloud: A Finance Success Story with Oracle EPMPerficient, Inc.
Many executives wonder if they can rely on a cloud-based performance management solution to improve their financial close and forecasting processes.
Carrix Inc., the world’s largest privately owned marine and rail terminal operator, enabled growth by using Oracle Planning and Budgeting Cloud Service (PBCS) for all budget preparation and reporting.
Gordon Hofman, Vice President of Finance at Carrix, and Tony Coffman, Director of EPM at Perficient, shared tips and other information you need to make the case for your EPM cloud project.
Optimize Business Performance by Moving Apps to the Microsoft CloudPerficient, Inc.
Business optimization is all about making investments that will reduce costs while driving efficiency and productivity, and the cloud is all the rage because it enables organizations to move quickly and achieve more, while spending less.
42% of IT decision makers planned to increase spending on cloud computing in 2015, according to Computerworld. Given that, it's not surprising that 57% of Fortune 500 companies already invest in Azure, Microsoft's cloud computing platform, which offers a growing collection of integrated services.
In this webinar, Perficient experts discussed the migration of applications to Microsoft Azure, including:
-an overview of the benefits of an Azure migration
-a walkthrough of the various Azure service options
-a best practice approach to planning your migration
Rapidly Deploy Budgeting and Forecasting with Oracle and PerficientPerficient, Inc.
Companies of all sizes can now deploy Oracle Planning and Budgeting Cloud Service (PBCS) to the cloud in just 8 weeks. PBCS contains all the power of Oracle Planning with faster deployment to:
Accelerate planning, budgeting and forecasting
Drive planning across the enterprise
Deploy self-service, integrated planning and management reporting
Connect operation assumptions to financial outcomes
This slideshare includes a demonstration of how Planning and Budgeting Cloud Services can save valuable time and resources. Combined with Perficient's Fast Forward™ for Planning solution, your planning solution is quickly developed and deployed on the Oracle Cloud with less risk and a lower cost than traditional implementations.
Experience a first-hand client perspective on their recent implementation
Discover actionable knowledge, best practices, and a quick start program to have your finance department up and running in 8 weeks
Gain perspectives and best practices from industry experts who have designed and delivered hundreds of planning and budgeting implementations
Similar to Oracle Essbase in the Cloud A Mercer Advisors Success Story (20)
The world is quite a different place than it was six months ago, and with the 2020 holiday season fast approaching, the pressure is on to meet revenue goals in what’s been an uncertain year.
In August, we surveyed 154 marketing executives to find out what they think is likely to happen this holiday season and how they are preparing for it. The results are fascinating, and we’ve distilled them into clear actions you can take right now to adapt and prepare for a very different 2020 holiday season.
In this webinar, Eric Enge (Principal, Digital Marketing at Perficient) and Jim Hertzfeld (Chief Strategist, Digital at Perficient) discussed:
How marketers have already adapted and where they see the most opportunity moving forward
What will be different this holiday season and how to adjust your strategy accordingly
Ways to identify and meet changing customer expectations, wants, and needs
How to determine if your priorities or investments should change
What actions you can take right now to be successful
Transforming Pharmacovigilance Workflows with AI & Automation Perficient, Inc.
Medical information call centers have an opportunity to transform the way they capture, code, and analyze adverse events (AEs) and product quality complaints (PQCs) with artificial intelligence (AI) and automation.
The use of such innovative technology improves data quality and consistency, compliance, and operational efficiency. It helps reduce the frequency of your pharmacovigilance (PV) operations resources going home, saying, “I have more to do at the end of the day than I did when I started."
Our one-hour, on-demand webinar shows you how you can use AI and automation to turbo-charge your end-to-end PV system. Use cases and demonstrations will include:
Analyzing safety data
Auto-coding verbatim terms to official medical dictionary terms
Auto-creating an AE case in your database
Converting speech to text
The Secret to Acquiring and Retaining Customers in Financial ServicesPerficient, Inc.
Data, when leveraged effectively, can help you segment and target customers, analyze spending habits, and can create a personalized experience that builds value and customer loyalty.
Without a 360-degree view of your customers, you can’t properly target them with real-time personalized offers, advice, and other services. In addition, lack of customer intelligence creates lost opportunities for banks and insurers to cross-sell and upsell new products and services.
Our one-hour webinar covered how customer intelligence platforms can help you engage, acquire, and retain customers.
Oracle Strategic Modeling Live: Defined. Discussed. Demonstrated.Perficient, Inc.
The only thing certain about forecasting in a volatile economy is that the future is unpredictable. Historically, organizations have effectively utilized statistical techniques for short-term business planning, but leveraging actuals no longer allows us to predict the future. The ability to be prepared, responsive, and agile under these conditions is becoming a crucial success factor. Oracle Strategic Modeling can help you better navigate change to cope with uncertainty.
If your CFO’s questions regarding earnings, liquidity, and cash flow are unceasing and far-reaching, watch our on-demand webinar for a deep dive into strategic modeling. We modeled real-world scenarios to show how you can:
Quickly and easily develop a hierarchical model of your business
Leverage multiple pre-built functions to forecast key performance drivers
Provide transparency on forecasted financials via audit trail
Utilize goal seek to set financial targets and estimate the financials drivers necessary to achieve it
Perform sophisticated “what-if” analysis via simulations to improve the accuracy of your forecast
Use built-in dashboard functionality to deliver powerful reporting capabilities
While many stay-at-home orders have been lifted, consumers’ new digital buying behaviors and habits are here to stay. Watch our panel discussion on the accelerated need for commerce and learn how commerce and content can transform our digital economy.
Topics include:
-What is the “experience economy” and how do you leverage it? -If you move beyond product and price, what’s next?
-How business models have shifted and what you can do to break down silos and leverage new processes to capture the digital dollar.
-How organizations have built agile teams to address the ever-changing needs of customers, including responsive approaches that address the omnichannel consumer.
-Technologies that are best suited to enable your business and customers – and how headless commerce has changed the game.
-How the future of commerce is changing, and what you should do now to prepare.
Our panel features Jordan Jewell, IDC Research analyst known for his insight into the commerce industry. Joining him from Perficient is general manager Brian Beckham, who brings deep expertise in content management and empowering organizations in their digital transformations. Rounding out the panel is Episerver’s Joey Moore, who has spent the last decade helping organizations across the globe advance their digital maturity.
Centene's Financial Transformation Journey: A OneStream Success StoryPerficient, Inc.
Centene, a large multi-line managed care organization, was looking to modernize and streamline its corporate performance management (CPM) applications.
Centene had to move data between platforms multiple times during the close process so that close data could be fully consolidated and made available for reporting. This process had numerous challenges and inefficiencies that Centene wished to improve upon so that they could provide a more streamlined and more transparent process to the functional teams that leverage consolidated financials in their systems for reporting and analysis.
Centene chose OneStream XF for global and US consolidations, currency conversion, eliminations, and ownership percentage.
Michael Vannoni, director, financial systems solutions discussed the migration to OneStream XF including:
-Factors leading to the selection of OneStream XF
-Details of the solution design
-Benefits realized with global consolidation implementation
-Future planned enhancements
WHODrug Koda, developed by Uppsala Monitoring Centre (UMC), is an automated coding service, which uses artificial intelligence (AI) to automate the coding of drug names and ATC selections, improving consistency and operational efficiency. It can also be used to accelerate dictionary upgrades, including the transition from WHODrug B2 format to B3.
Through API (Application Programming Interface) web services, the coding engine can be integrated with custom or off-the-shelf drug safety, medical coding, or data management systems.
In this webinar, Perficient and UMC discussed WHODrug Koda and how you can integrate it into your medical coding activities.
Preparing for Your Oracle, Medidata, and Veeva CTMS Migration ProjectPerficient, Inc.
There are multiple reasons why companies migrate to a new clinical trial management system (CTMS). Still, the two most common are mergers and acquisitions (i.e., CTMS consolidation) and the desire to switch CTMS vendors. Regardless of the reason, many of the best practices, processes, and tools are the same.
In this webinar, we looked at the migration approaches taken across several case studies. You’ll come away with an understanding of:
Pros and cons of each CTMS migration method
Types of migration tools, including APIs, ETL tools, and adapters
Approximate timelines and costs associated with each migration method
The topics discussed in this webinar can be applied to any CTMS migration project, whether you’re moving to or from Oracle’s Siebel CTMS, Medidata’s Rave CTMS, and Veeva’s Vault CTMS.
Accelerating Partner Management: How Manufacturers Can Navigate Covid-19Perficient, Inc.
The pandemic has ushered in a new normal for manufacturers, and the impact of digital communication is more important than ever.
View our on-demand webinar with Tony Kratovil, Regional Vice President of Manufacturing at Salesforce, and Eric Dukart, National Sales Executive at Perficient. They covered why the right digital strategies are critical for manufacturers in the wake of COVID-19.
Our webinar covered:
Current challenges with forecasting, collaboration, and disruptions to distribution networks.
Insights for stabilizing operations, accelerating partner management, and developing a digital strategy that differentiates your business.
Candid Q&A with real-world examples.
New Work.com resources to help manufacturers restart safely and rebuild.
Tools and resources to move forward – fast.
The Critical Role of Audience Intelligence with Eric Enge and Rand FishkinPerficient, Inc.
Things move quickly in marketing. How do you identify what your customers need and how you can help? Now more than ever, audience intelligence is the key.
Audience intelligence is about understanding your target customers, their needs, what resonates with them, and how you can reach them. Eric Enge (Digital Marketing Principal, Perficient) and Rand Fishkin (Co-Founder & CEO, SparkToro) discussed this topic live on May 7, 2020. Watch to hear tactics for gaining a better understanding of your customers, how to use audience intelligence to optimize your marketing now, and more.
Cardtronics, the global leader in ATM deployment and management, decided to retire its on-premises Hyperion solution to gain the operational efficiencies, features, and functionality provided by a best-in-class cloud solution.
Cardtronics chose Oracle EPM Cloud including Financial Consolidation and Close, Planning, Management Reporting, Account Reconciliation, Enterprise Data Management, as well as Oracle Analytics Cloud.
In this video, project owner Richard Ng, director, financial systems, Cardtronics, discusses the migration to Oracle EPM Cloud including:
Multi-release 18-month deployment schedule across multiple countries
Benefits of a global Chart of Accounts for ERP and EPM
Seamless integration across ERP Cloud, HCM Cloud, and EPM Cloud
Preparing for Project Cortex and the Future of Knowledge ManagementPerficient, Inc.
Microsoft has turned traditional enterprise content management on its head with its recent announcement of Project Cortex.
Project Cortex uses advanced artificial intelligence to harness collective knowledge from across the enterprise and automatically organize it into shared topics like projects, products, processes, and customers. Using AI, Cortex creates a knowledge network based on relationships among topics, content, and people and delivers it in the apps you use every day – Office, Outlook, and Teams.
This webinar examined Project Cortex in more detail, including:
• What is Project Cortex?
• Why is Project Cortex different than other knowledge network projects previously introduced?
• How does incorporating AI and automation change the game?
• What is possible with Project Cortex?
• What can you do to prepare?
Utilizing Microsoft 365 Security for Remote Work Perficient, Inc.
With an increasingly mobile workforce, and the spread of shadow IT, the rapid rise of cybercrime - companies must find unique ways to effectively manage their sprawling SaaS portfolio.
Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
The field of Information retrieval (IR) is currently undergoing a transformative shift, at least partly due to the emerging applications of generative AI to information access. In this talk, we will deliberate on the sociotechnical implications of generative AI for information access. We will argue that there is both a critical necessity and an exciting opportunity for the IR community to re-center our research agendas on societal needs while dismantling the artificial separation between the work on fairness, accountability, transparency, and ethics in IR and the rest of IR research. Instead of adopting a reactionary strategy of trying to mitigate potential social harms from emerging technologies, the community should aim to proactively set the research agenda for the kinds of systems we should build inspired by diverse explicitly stated sociotechnical imaginaries. The sociotechnical imaginaries that underpin the design and development of information access technologies needs to be explicitly articulated, and we need to develop theories of change in context of these diverse perspectives. Our guiding future imaginaries must be informed by other academic fields, such as democratic theory and critical theory, and should be co-developed with social science scholars, legal scholars, civil rights and social justice activists, and artists, among others.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
I have heard many times that architecture is not important for the front-end. Also, many times I have seen how developers implement features on the front-end just following the standard rules for a framework and think that this is enough to successfully launch the project, and then the project fails. How to prevent this and what approach to choose? I have launched dozens of complex projects and during the talk we will analyze which approaches have worked for me and which have not.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
2. J. Douglas Maxwell
Chief Financial Officer
Mercer Advisors
Santhosh Nair
GM, Enterprise Performance
Management
santhosh.nair@perficient.com
3. 3
Agenda
• Introductions
• About Perficient
• Oracle Essbase on the Cloud Overview
• Mercer Advisors Success Story
– Current State / On-premises Challenges
– Project Scope and Timeline
– Outcomes / Success Metrics
• Q&A
4. 4
About Perficient
Perficient is the leading digital transformation
consulting firm serving Global 2000 and enterprise
customers throughout North America.
With unparalleled information technology, management consulting,
and creative capabilities, Perficient and its Perficient Digital agency
deliver vision, execution, and value with outstanding digital
experience, business optimization, and industry solutions.
5. 5
Perficient Profile
Founded in 1997
Public, NASDAQ: PRFT
2016 revenue $487 million
Major market locations:
Allentown, Atlanta, Ann Arbor, Boston, Charlotte, 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
6. 6
Oracle Practice Overview
3000+Deployments
Industry Expertise
Multi-Solution Expertise
EPM | ERP | BI | CX
Platinum
200+Oracle Experts
Partner
Cloud Select
Healthcare | Supply Chain/Mfg. | Energy/Oil & Gas
Financial Services | Consumer Markets
15
Specializations
7. 7
Perficient’s EPM Practice
Fast Facts
• Practice Started: 2002
• Projects Completed: 1000+
• Management Team: 14+ years
• Oracle Authorized Education Center
• Hyperion Education
• SupportNet Managed Services
• Support Services
Solutions Expertise
• Cloud readiness assessments
• EPM strategy and health check
• Financial close & consolidations
• Cloud & on-premises solutions
• Reporting & analytics
• Data relationship management
• Account reconciliations
• Profitability & cost management
• Infrastructure & high availability
Oracle Specializations
8. 8
Oracle Training and Education
Live Virtual Class Training on DemandClassroom Training
Learning Streams Self-study Courses
Train in person at an Oracle or Perficient
facility. These include in-class
demonstrations and hands-on labs.
Keep learning beyond the classroom
with the latest and continuously
updated video training though
subscriptions.
OU and Perficient instructors teach
students in a "virtual" classroom. Attend
these courses online, in real-time.
Train when and where you want, at
your own pace. Download the
courses online and take them from
your computer.
Train online via an internet connection.
Access streaming lectures, white
boarding, and lab activities 24/7.
Train in person at an Oracle or
Perficient facility or your office with
content tailored to your specific needs.
Private Events
9. 9
Survey 1: Which of the following Oracle cloud offerings is your organization currently considering
(choose all that apply)
A: Oracle Analytics Cloud (Essbase & Business Intelligence)
B: Oracle EPM for Financial Close (Close & Consolidations, Account Reconciliations)
C: Oracle EPM Planning & Budgeting
D: Not Considering Oracle Cloud
E: No Cloud Strategy at this time
POLL QUESTION 1
11. 1111
Infrastructure-as-a-Service
Platform-as-a-Service
Software-as-a-Service
Data as a Service
Compute, Storage, Networking, Elastic
Hadoop, NoSQL, Spark, Kafka, Database
Data Management, Data Integration, Identity
Management, Business Analytics
Sales, Service, Marketing, Human Capital,
Recruitment, Finance, ERP, EPM, Supply
Chain, Projects.
5 Billion customer profiles, 1500 data providers,
45K dimensions, 40K pre-built audiences
11
Oracle Cloud: From Data to Infrastructure
12. 12
Integration with Oracle BI Cloud,
Data Visualization Cloud
• Native integration with Essbase Cloud
• Connect to EPM Cloud
• Relational sources
• Cloud and on-premise connectivity
• Prescriptive dashboards for consumers
• Self-service analysis for LOB users
• Explore, visualize, share insights
13. 13
Essbase – History of Innovation
“Excel on Steroids”
• 1st Multidimensional DB
• Empower business users
• Multi user read/write
• 1st to offer an Excel add
in to a dimensional data
model
• 1st to offer drill and pivot
capabilities in Excel
Enterprise
Grade
• Shared services
• Strong security
• ASO engine
• Clustering & HA
• Smartview
In-Memory
• Pure in-memory
user experience
• Adaptive
Analytics engine
Cloud
• Java-based
architecture
• Excel to Cube in
seconds
• “Excel on
Steroids”
14. 14
The Cloud Lets You Focus on Your Business
Faster Innovation
• Faster pace to product innovation
• Modern, global platform
• Shorter upgrade cycle
Lower Cost
• Reduced infrastructure cost
• Reduced IT maintenance cost
• Reduced customization and
upgrade cost
Faster Deployments
• Pre-installed and pre-configured
• User experience-focused design
• Elastic & expandable
Lower Risk
• Reduced administrative burden
• Guaranteed system availability
• Scalable platform for future
expansion
15. 15
• Essbase users looking for a
cloud solution
– Reduce costs and simplify
maintenance
– Hybrid Deployments
between on-premises
applications and cloud
cubes
– Faster access to latest
Essbase innovation
• Integration with other cloud
services
– Essbase as a data source
for Analytics Cloud
(BICS/DVCS)
– Consolidated data from
multiple EPM cloud and on-
premises instances
– Analyze data from other
SaaS applications
• Analytics platform for every
Excel user
– Analytics happens
everywhere
– Most still use Excel, using
data downloaded from other
applications
– Essbase empowers Excel by
adding unified analysis
model, interactivity and
collaboration
Who Will Use Essbase Cloud?
16. 16
The Essbase you know and love!
• Access to Essbase capabilities
– BSO/ASO/hybrid databases
– Flexible dimensionality
– Dynamic formulas
– Calc scripts
– Data uploads
• Smartview connectivity
• Powerful admin functions
Cloud Features and Innovation!
• Browser-based UI
– Multiple entry points
• Cloud-only features
– Sandboxing, scenario management
– Design-by-example templates
– Excel import/export
• Integration with Oracle Analytics
Essbase Cloud Features
17. 17
Survey 2: What are your top concerns about moving to Essbase to the Cloud (choose all that apply)?
A: Data security
B: Performance / scalability
C: Lack of parity
D: Can’t capitalize SaaS expense
E: Time and effort
F: Other
G: Not applicable
POLL QUESTION 2
19. 19
+30 years
Serving HNW investors as a fee-only
financial advisor
Family
Office for
Real
Families
Financial
Planning
Investment
Mgmt.
Estate
Planning
Corporate
Trustee
Tax
Planning
& Prep
Client Service Units (CSUs), led by advisor with
CFP own the delivery of client experience
CSUs backed by centralized, expert teams
Investment management
Estate planning (in-house law firm)
Tax practice (in-house CPA firm)
+$11B
Client Assets
~8,000
Clients
24
Offices
+200
Employees
83
CFPs
7
CFAs
10
CPAs
5
JDs
11
MBAs
1 Operating Model
Mercer Advisors Overview – Who We Are
20. 20
• Mercer Advisors acquires Kanlay Trust in March 2016
• Kanaly began using Mercer’s COA in
August 2016
• Kanaly transitioned to Mercer’s General Ledger
System in May 2017
• Two GL: Mercer Advisors: Great Plains and
Kanaly: Solomon
• Duplicate reporting out of both systems
• Two sets of Financial Statements
• Mapping down at Parent Level
• Mercer continues to experience rapid growth – both
organically and through M&A
• 3 acquisitions in 2016 ~$2.2B AUM
• 6 acquisitions in 2017 ~$0.9B AUM
Compelling Events
21. 21
Multiple General Ledger Systems
• Historical data sits in multiple systems
• Source systems need to be mapped to single COA
Manual & Duplicate Reporting
• Reporting out of multiple systems
• Duplicate sets of financial reports
Ad-hoc Analysis
• No ability to drill into data for further analysis
• Additional or detailed data must be pulled from source
system
Reliance on Microsoft Excel
• Reports & Budget were previously in Excel
• Prone to errors
Need a Scalable Solution
• Rapid growth requires a reporting system that could adapt to
the growth and changing reporting requirements
• Cost center managers need to manage their respective P&Ls
Challenges
22. 22
May 2017
Initial scoping
End of June:
Proposal
presentation
August
/September:
Commenced
project with
Perficient.
Analysis of
COAs and
design of
Dimensions and
Integrations.
October:
Reconciliation
of Kanaly and
Mercer COAs
and mapping of
historical data.
November :
Complete
validations, UAT
and go live.
Essbase Cloud Timeline
23. 23
Cube Design Reporting Administration
• Single COA for both
Mercer and Kanaly
• Capture Actuals, Budget
and Forecast
• Data integrations for
multiple sources
systems
• Excel-based reporting
using Smart View
• VPN connectivity with
corporate network
• Excel Cube Designer used
to create and update
• Essbase Command Line
Interface to manage
processes
• Easy migration of objects
from dev to prod instance
Essbase Scope Areas
24. 24
Single
Source
Oracle
Analytics
Cloud
Project
Success
• Integrated GLs
• Single COA
• Actuals, Budget and Forecast
• Excel based reporting and
analysis
• Cloud Essbase environment
• Excel-based Cube creation via
Excel and administration via web
• PaaS provides scalability
• Self-service reporting and analysis
• No hardware or dependence on IT
• Ability to quickly deploy application
updates through Excel
• Client involvement
Project Outcomes
Essbase, like Oracle, Apple and Intel – is a strong and mature brand. When you are around for that long, you cannot survive without continued innovation and this is exactly what we have been doing with Essbase from the day of its inception. The product that we have today, while still carries the same core values is technology light years away from the one we exposed for the first time some 20 years ago.
When it first came Essbase was the first multidimensional database and the first to introduce capabilities like drill and pivot in Excel that we take for granted today.
Innovation continued by taking what originally a departmental solution and transforming it to be enterprise grade with high-speed dynamic aggregation, clustering and disaster recovery.
In recent years Essbase stayed in the lead by introducing In-Memory analytics capabilities and HW specific optimizations for Exalytics. And now we are unveiling the next level of innovation by taking these capabilities to the cloud.
12:07
Why is the cloud so vital? A number of reasons.
Faster Innovation: Remember the old days selling applications on premise; we’d have a 6 month journey of setting up PeopleSoft and another 6 months setting up analytics with a minimum time-to-value of a year. But now with the cloud, the application and the analytics can be up and running in days.
With our overall cloud applications strategy and in particular OTBI Enterprise, we’re talking about a much faster time-to-value which allows our customers to focus on how are we going to use these state-of-the-art analytics to improve their business now instead of focusing on selecting an implementor and developing and managing a year long process before we can even consider improvements to our business.
And as a cloud service, Oracle absorbs the infrastructure management and maintenance responsibilities and makes the investments in the state-of-the-art data centers ensuring high performance and availability for our customers while lowering their overall cost of operation.
Oracle also absorbs the risks and it is our responsibility to guarantee system availability as well as plan for a scalable future.
We offer access to Essbase core capabilities where Users can create their own custom models using flexible dimensionality, dynamic formulas and calculation scripts - while accessing these models from Smartview. Essbase databases can be brought from on-prem or created directly on the cloud where they can be modified and managed. Essbase Cloud Service also offers some unique capabilities that are not yet available on-prem and we will review next.