The document summarizes new features in the Jedox 7 planning and performance management software. It highlights pre-built models for profit and loss, cost centers, HR planning, and sales planning that provide out-of-the-box functionality. It also describes the new Jedox marketplace for additional business content and models from Jedox and partners. Key benefits of Jedox 7 include simplified planning, intuitive visualization and reporting, enterprise performance, and support for secure cloud, hybrid and on-premises deployment.
Advanced Flow Concepts Every Developer Should Know
[Product Launch] Jedox 7 - What's New
1. December 2016
The new Jedox 7 is here
Take simplified planning to the next level
Jedox.7
2. 2
The Changing Role of Finance
From reporting the past to guiding the future
“81% of CFOs view themselves as strategic business partners“
3. 3
New Business Challenges
What‘s driving the change
Global Business
Increase agility and responsiveness,
integrate planning and performance
management
Digital Business
Find new ways to operate, lower cost
and increase competitive advantage
Collaborative Business
Empower stakeholders with governed
intuitive, self-service insights anywhere,
anytime.
Data- & Analytics-driven Business
Capture the value of growing data
volumes and turn it into insights and
action.
4. 4
A New Generation of Solutions
Faster, leaner planning processes that
are focused on strategic objectives
Change focus from reporting the
past to predicting and guiding
(prescriptive) the future
Make planning an integral part of
performance management and
strategy management
Integrate financial plans with sub-
budgets and operational plans for
more accurate results
Clearity & Speed
Automation & Guidance
Employee Satisfaction
Agility & Responsiveness
Revenue Growths
Operational Efficiency
Customer ExperienceTransparency & Action
Business BenefitsSolution Benefits
Collaboration & Accuracy
Benefits of Modern Planning and Performance Management Solutions
5. 5
Characteristics of Modern Planning & PM Solutions
Functional Capabilities Technical Capabilities
Integrated strategic and operational planning
and modelling
Integrated planning, analytics
and reporting
Ease-of-use for business user self-service
Flexible web and mobile access
Pre-built best-practice content
Easy trial, fast deployment and highly
scalable
Seamless integration into best-of-breed
architecture
Enterprise-level performance, security
and governance
Hybrid & cloud deployment and
simple upgrades
Platform for development and distribution
of third-party apps
7. New Jedox Marketplace for Business Content
1. Go to Jedox Marketplace
2. Select and Install Content
3. Open Content and Explore
Only 3 steps to experience the power of Jedox
8. 8
Business Content in the Jedox Marketplace
Sample DashboardsDemos Jedox Models Partner Models
Starting in 2017
10. Simplify Planning, Reporting & Analysis 10
Jedox Models = Pre-built Planning Applications
Transparent, Configurable and Linkable
Cost Centers
Profit & Loss
HR Planning
Sales Planning
Best-practice Building Blocks
11. Simplify Planning, Reporting & Analysis 11
What makes up a Model?
A Database
Reports
Integration procedures
Business Logic & Settings
11
A Model
12. 12
Profit & Loss Model
Rich insights in a single system
Database
OLAP database with P&L cube, flexible time
dimension e.g. monthly & y-t-d
Reports
Actuals, budget, forecast, mid-term planning,
time series
Integration
ETL to ECB exchange rates, batch processing
Business Logic
Actuals in forecast, KPIs, previous year values,
currency conversion, Integration with cost
center and sales planning
• Preconfigured standard reports
• Smart business logic (e.g. currency
conversion)
• In-memory database with write-
back capability
HighlightsInput Data
Chart of accounts
Input & target
currencies
Company structure
13. 13
Cost Centers Model
Intuitive, connected and traceable cost management
Database
OLAP database with Cost Center cube, flexible
time dimension
Reports
Actuals, budget, forecast, mid-term planning,
time series, data entry templates, administrator
workflow report
Integration
ETL to ECB exchange rates, batch processing
Business Logic
Approval workflow with history, time stamp,
KPIs, previous year values, currency conversion,
semi-additive KPIs, Integration with sales
planning
HighlightsInput Data
Cost center hierarchy
Input & target
currencies
Functional area
hierarchy
Cost type hierarchy
• Intuitive web forms for data entry
• Preconfigured standard reports
• Clear approval process and
granular workflow
14. 14
HR Planning Model
A concistent, granular view of your #1 asset
Database
Hierarchies by company, data cube for HR cost,
measures (headcount, turnover etc.)
Reports
Actuals, budget, forecast, mid-term planning,
time series, data entry templates, administrator
workflow report
Integration
Batch processing
Business Logic
Approval workflow with history, time stamp,
KPIs, previous year values, semi-additive KPIs,
Integration with Cost Center and P&L,
calculation of headcount & cost based on
planned changes
HighlightsInput Data
Employees
Employee categories
Regions
Company structure
Parameters
• Intuitive web forms for data entry
• Preconfigured standard reports
• Secure user access management
15. 15
Sales Planning Model
Transparent and reliable sales performance management
Database
Hierarchies by company, sales data cube, sales
planning cube, order backlog cube
Reports
Actuals, mid-term planning, gross earnings/
revenue, commissions, cost & contribution
margins, order backlog, administrator workflow
report, forecast initialization (…)
Integration
ETL to ECB exchange rates, batch processing
Business Logic
Approval workflow with history, time stamp,
KPIs, previous year values, currency conversion,
semi-additive KPIs, integration with P&L
HighlightsInput Data
Articles
Customers
Sales channels
Input & target
currencies
Company structures
• Intuitive web forms for data entry
• Smart business logic (e.g. driver-
based planning)
• Clear approval process and
granular workflow
16. 16
How Customers benefit from Jedox Models
16
Demo out-of-the-box
• Fast installation
• Sample configuration
• Sample data
Demo & Trial
Configuration for POC
• Customer Data
• Customer logo &
corporate identity
• Custom business
hierarchies
Rapid Prototyping
Expand
• Common modeling
principles
• Integration logic
Support
• Application support for
models
Expansion & SupportImplementation
Kickstart
• Reuse POC results
• Use best practices
• Focus on the real
challenges
Jedox Models offer a fast start and a solid foundation for growth
18. 18Simplify Planning, Reporting & Analysis
Jedox 7 Platform – The New Generation
Flexible, powerful
Modeling
Kickstart for
planning
Engage
Users with
Self-service
on any
Device
Intuitive
Visualisation &
Reporting
Enterprise-grade
Performance
Secure Cloud,
Hybrid and On-
Premises
Take simplified planning to the next level
20. 20
The Reality of Self-Service CPM
Business-Driven Intelligence
86%of all companies are still using Excel
as a foundation of their planning processes
21. 21
Excel Database Security Web MobileIntegration
Excel PLUS: Don’t Replace, but Embrace Excel…
Workflows
Audits
Business Rules
Data Governance
28. 28
Jedox fits all cloud strategies
Private CloudPublic Cloud Stand AloneClient Server
29. 29Simplify Planning, Reporting & Analysis
Jedox Inc. Boston, MA
50 Milk St, 16th floor
Boston, MA 02109
USA
Email: info@jedox.com
Editor's Notes
A recent survey of Fortune 1000 CFOs found that 81% believed they worked at companies that viewed their finance operation as a “strategic business partner”. This shows that the role of finance is rapidly evolving from a backward-looking accounting function to a forward-looking strategic advisor providing insight and direction for the business.
In the past, CFOs and finance departments were mostly focused on cost control and financial accounting - reporting and analyzing the past. Processes were rigid, spreadsheet-driven and top-down with limited integration and collaboration between financial plans and operations.
The world is changing and new business challenges are dricing this change:
Data & Analytics
Companies generate increasing volumes of data fueled by new ways to connect with customers, suppliers through social and to capture real-time data from operations through sensors and IoT. The challenge is to transform this data into insights and action through analytics and generate value for the business.
Stakeholders
More stakeholders want access to data and analytics for decision support and even prescriptive actions. They want flexibility and access anytime, anywhere and on any device. Business users are used to intuitive web and mobile apps with consumer-grade interfaces that require no training.
Digitalization
Finding new ways to operate and generate new revenue streams are the promises of digital transformation but on the flipside, pressure from nimbler competitors is increasing and with it the need to make processes more efficient and lower cost of ownership for technology and systems.
Increase agility and responsiveness
In order to become more responsive to changing market environments finance needs more agile business planning, budgeting and forecasting processes and tightly integrate them with performance management. A single truth shared across the enterprise and flexible planning cycles with focus on strategic objectives are a key imperative.
A New Generation of Modern Planning, Analytics and Performance Management Solutions helps Finance master the new challenges. They are intended to increase the speed and reduce complexity of planning, produce more accurate results with a collaborative, integrated planning approach, Increase the transparency and drive actions, automate for better, faster results through more guidance.
The business benefits are more operational and resource efficiency, the ability to react faster to a changingbusiness environment and become more agile, better employee satisfaction thanks to ease of use and simplified processes, a better customer experience which translate to more revenue.
What are the key characteristics and Capabilities ?
Functional capabilities
Modern integrated planning and performance management solutions offer highly flexible and collaborative modelling capabilities that integrate financial and strategic plans with operational plans and sub-budgets. They also combine planning with powerful modeling and analytics such as scenario analysis, driver-based planning and predictive analytics to drive more transparent and efficient processes and obtain more accurate timely results.
They offer a new level of ease-of-use for business users so everyone can obtain insights in a self-service fashion, independently from IT or others. Additionally, modern mobile and web clients ensure easy access and wide adoption.
Technical Capabilities
Modern solutions can be implemented quickly and offer a very short time to value. They can be scaled easily to support changing business needs. They are built for integration in a modern enterprise architecture that replaces inflexible, expensive legacy systems (enterprise suites) with best-of-breed applications and features that integrate seamlessly with each other.
These solutions also make use of latest technologies to enhance data processing and query performance in order to support high data volumes and complex models.
Finally, new cloud deployment and subscription pricing models offer greater flexibility and scalability for business as well as lower TCO. Cloud deployment simplifies upgrades and has low maintenance and support requirements.
Jedox 7 is a leader among modern planning, analytics and performance mgmt. solutions. A brand-new development in Jedox 7 are the Jedox Models and the new Jedox Marketplace.
The marketplace is accessible directly within the Jedox web application and holds a variety of pre-built business content. The marketplace makes it very easy to distribute content to within the Jedox community and it makes it easy for users to see the variety of use cases that can be supported by hte Jedox platform. User can access the conten tin 3 simple steps: 1. Go to the marketplace and select an application 2, Install the application with a click 3. Open the application and explore the content
What type of business content can you find in the marketplace: We offer simple demos, sample dashboards and reports, the new Jedox Models and starting mid-2017 we will also open the platform for our Partners to provide their own Models to the Jedox community
What do we understand by a model? We recognize that for our customers a one-size fits all approach does not work. The Jedox platform is known for ist flexibility supporting a variety of complex use case. Howver, we do see the need for pre-built best practice content that is highly configurable.
This is why we are offering Models through the market place and not completely finished applications. Models are pre-built planning applications, that can be configured by each customer for their specific needs. Similar to building a house and choosing how many doors and windows you want and what colour the roof should have. Jedox first 4 new Models are Profit&Loss, Sales Planning, Cost Centers and HR Planning.
These Models consist of a database, a variety of reports, integration procedures and business logic to form a full application
These Models consist of a database, a variety of reports, integration procedures and business logic to form a full application
These Models consist of a database, a variety of reports, integration procedures and business logic to form a full application
These Models consist of a database, a variety of reports, integration procedures and business logic to form a full application
These Models consist of a database, a variety of reports, integration procedures and business logic to form a full application
In summary, the new Jedox Models offer customers a variety of benefits: First, they are a demo out-of-the-box because they are very easy to install throughthe hmarketplace and come with a sample configuration and sample data. Next, they enable rapid prototyping with the customer’s own data, corperate identy and business hierarchies. The results from the prototype can than be used to speed up implementation. Applying the best practices and focussing on customer specific challenges. Finally, when customers want to grow their application, the common modelling principles and integration logic ensure a straight-forward expansion. The Support team can also better support the customer because of the transparency of the applications. In short, Models offer the perfect founcdation for a fast start and a solid growth.
Of course, in Jedox 7 we are also introducing many additional new features and improvements
For example you will see powerful new features to kickstart planning and make modelling a lot faster and more powerful. Including Smart Modeling and the new Smart Mapping for self-service data preparation, a new Time editor, Locilsation and self-service integration. We have …
Powerful Modeling: Time Editor, Localization, Rule Templates, New Database Scripts, Flexible cubes
Ease-of-use: Touch interface, customization
Reporting and Visualisation: Central Style sheets, multi-selection, new sample dashbaords
Enterprise: only CPM solution that makes use of GPU for write-back
Cloud:
With the new modeler, modeling in Jedox Excel and Jedox web is unified and more intuitive while keeping the Jedox flexibility. Together with more intuitive mobile access and touch interface, Jedox offers a truly seamless experience on any device, anywhere, anytime.
86% of companies still use Excel in their planning processes. This is why at the center of our self-service solution is the Excel-like UI that makes it easy for any user to plan, report and analyse in Jedox.
However, we complement Excel with the features of a first-class enterprise solution. Adding a datawarehouse, powerful integration tools, security and data management tools as well as state-of-the-art web and mobile applications for user engagement. Of course, we also offer strong workflow support, audit-trails, sophisticated business rules and a user-rights management.
Now, let’s take a look
Let’s also take a look what we have changed “under the hood”.
The Jedox marketplace and models are new web components in our platform architecture. Driven by the introduction of these new components and also by the goal to improve ease-of-use, performance and security in the cloud and on premise we have undertaken additional enhancements to other components.
Smart Modeling tools in Jedox allow user to quickly build a model from scratch using either there own Excel Workbooks that they have build over time, a Jedox Model or a customer model as a starting point. With data-driven modeling you start with the excel file and the smart tools in Jedox automatically recognize datatype e.g. time dimensions, measure and other and create your model autmatically. The new smart mapping feature in Jedox 7 let‘s you export a template from an existing model and fill it with your own data. When ready you simply reimport the file and map the data intuitively to dimensions and data fields in your existing model. Finally, you can use the new self-service integration feature to schedule automated integration jobs that pull-in the data autmatically.
GPU technology is unique in CPM solutions, esp. write-back real-time.
Jedox is a market leader in query performance satisfaction. Through further enhancements to its innovative GPU technology, Jedox 7 can deliver even greater levels of performance for large and complex planning models.
Jedox 7 is democratizing GPU access independent of hardware specifications so that more users can benefit from massive performance speed-up: Jedox GPU is now using the host memory (CPU) for data storage, so that you are no longer dependent on the GPU RAM of your system to take advantage of the additional calculation speed.
Jedox 7 is democratizing GPU access independent of hardware specifications so that more users can benefit from massive performance speed-up: Jedox GPU is now using the host memory (CPU) for data storage, so that you are no longer dependent on the GPU RAM of your system to take advantage of the additional calculation speed.
With Jedox 7, you don’t need any hardware at all to make use of GPU-powered processes: Test-drive Jedox GPU on a Virtual Machine or go into the Cloud. Jedox Cloud on Microsoft Azure provides you with GPU power in a cloud infrastructure environment.
The new GPU advisor in Jedox 7 helps you to identify existing models that can benefit from our GPU technology.
Jedox aligns to your cloud strategy: no matter if you like to move your entire application to the public cloud for fast implementation, ease-of-support and upgrade and high scalability. Of if you prefer to run selected applications in the cloud or keep your entire system on premise. Jedox offers flexible deployment options. With Jedox 7 Jedox offers support for Microsoft Azure in-country cloud service: Jedox is one of the first partners for Microsoft’s in-country “German Cloud” services for enhanced protection against data leakage and more speed. The service will be extended by microsoft to other regions soon.
Simplified Backup: Initiate backups directly within your Jedox cloud instance - 100 GB of additional geo-redundant disk space is reserved for daily backups or self-service asynchronous backups. The backup history is limited only by disk space, and the cloud system can be restored out of backups upon request.
Encryption: With this feature, your data gets encrypted prior persisting to storage and decrypts prior to retrieval. The whole encryption and decryption process, as well as the key management are completely transparent. All images are AES-256 (Advanced Encryption Standard) encrypted with a separate key unique to every customer.
SFTP: With Jedox 7, cloud users have direct access to data and logs via SFTP (Secure File Transfer Protocol). The access is further protected with the help of a dedicated, key-based login.
Monitoring: Cloud users have now the ability to report on quarterly level service availability. The status of all services is checked every minute to ensure that the SLA is met and excluded with one minute granularity.