Creative Solutions for Cash Flow and FX Analysis and Actors Workspace through Dashboarding

August 19, 2016

Christine Ong-Estrada & Greg Barrett

Finit Services

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Work with Finit employees, no subcontractors

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Finit Customer Success

Our values, culture, and approach to becoming a trusted advisor to our

customers has led to

100% customer success

for every Finit client (250+) and for every Hyperion and OneStream project (800+)

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Some Finit Customers

Questions

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About the Presenter

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Christine Ong-Estrada(cong-estrada@finit.com)

Certification/Education

• MBA – Business Administration (Babson College)

• BSC – Business Management

• BSC – Information Technology

• HFM Certified

Experience

• 3 years with OneStream

• 11 years with HFM

• 11 years with FDM

• 15 years of EPM / CPM experience

Agenda

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• Audit View (3D) Cash Flow

• Actors Workspace

• Dynamic FX Analysis

• Guided Reporting

Cash Flow Reporting Needs

• Indirect cash flow method

• Tabular format reporting (Accounts in column and Cash Flow activities in row or vice versa)

• Accounts cash flow activities audit report

• List of accounts per cash flow activity

• Need to verify change in account is equal to its cash activity

• Need to verify total accounts net activities equal the cash movement

• Ability to enter comments

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Cash Flow Audit Reporting Solution

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• Metadata structure allows tabular format reporting

• Automated cash flow calculations and manual cash flow adjustments

• Customized cash flow dashboard solution• Task list for cash flow preparation process

• Allow users to select parameters for specific task

• Instant cash flow statement view

• Generate cash flow reports and audit reports

3-D (Audit View) Cash Flow - Metadata

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• CF Accounts representing balance sheet summary accounts

• CFL Flow members representing cash flow activities

• Origin dimension for data source (Import for calculated data, Forms for Adj)

Cash Flow Dashboard Solution

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1. Corporate Use Only

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• Administrator’s checklist for out of balance entities and incomplete cash flow schedule

2. Out of Balance

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• Checks for new summary accounts and other errors in trial balance

2. Out of Balance Report (in balance)

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• Checks for new summary accounts and other errors in trial balance

3. Activity Check (Local & USD)

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• Checks incomplete cash flow schedule• Detailed data entry schedule (Local and USD)• Comment boxes available

3. Activity Check Demo

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4. Calculations

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• Auto cash flow calculations• Explains the cash flow activity calculations

5. CF Worksheet

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• Tabular format worksheet• Local Input tab for local currency adjustments• USD Adjustment tab for USD adjustments

5. CF Worksheet - Demo

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6. Cash Flow Statement/ Reports

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• Cash Flow Statement, audit reports and commentary report

6. Cash Flow Statement by Account

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• Cash Flow Statement by account

6. Cash Flow Statement - Consolidating

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• Consolidating Cash Flow Statement – Select Entity

6. Comment Report

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• List activities per account and comments entered

More Cash Flow Audit Reporting

• Drill down by entity, cash flow account or activities

• Drill down with formula explanation (source accounts and calculations)

• Link related cube views or reports

• Done by simply right clicking on a cell then selecting

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Audit Cash Flow Reporting - Demo

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Confirmation Rule for Cash Flow

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• Checks each entity/each cash flow account for out of balance

Audit View Cash Flow

• Admin Maintenance Required • Add new summary accounts to ensure all accounts are covered in

the cash flow

• Make sure trial balance data, rollforwards, override entries are complete

• Check all entities’ cash flow tie

• Additional auto calculation in cash flow (if required)

• Can be attached to a workflow as dashboard or form

• Use confirmation rule to check that all accounts tie for all entities

***Minimal maintenance required for Admin

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Actor’s Workspace

What is it?

Actor Workspace (AWS)

• OneStream solution

• Available in XF MarketPlace

• Predefined dashboards for different user types:• Executive

• Controller

• Administrator

• Install with Close Manager (another OneStream solution in XF MarketPlace)

• User friendly

• Easy navigation to workflows and reporting solutions

• Administrator messaging capability

• Close schedule

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Accountant Workspace

• Customized workspace for accountants

• Easy one-click access to current workflow

• Easy one-click access to workflow status

• Message board

• Close schedule

• Easy navigation to reporting and analysis solutions• Guided Reporting

• FX Analysis

• Cash Flow

• Excel Reporting

• Training / Videos

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Accountant Workspace

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Admin Workspace

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Admin Workspace

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Accountant Workspace - Demo

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Extensible Document in Dashboard - Demo

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Dynamic FX Analysis

Dynamic FX Analysis Solution

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• Ability to select Scenario, Year, Period dynamically.

• FX Analysis @each account level

• FX Analysis @ each foreign entity

• Use the base exchange rate and not use derived rate when calculating Performance Variance.

FX Analysis Dashboard – Set POV

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• Allows users to select the Compare and Base POV.

FX Analysis Dashboard – Demo Set POV

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FX Analysis Dashboard - Report

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• Select Entity and Account

• View Average Rate and Closing Rate used

FX Analysis Dashboard - Report

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• Select Entity

• Lists selected account groupings

FX Analysis Dashboard - Report

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• Select Account for consolidating view of Performance variance, FX variance and Total variance

FX Analysis Dashboard - Report

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• Consolidating view of FX Variance by selected financial statement

FX Analysis Dashboard - Report

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• Balance Sheet analysis of Performance and FX Variance

FX Analysis Dashboard - Report

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• Income Statement analysis of Performance and FX Variance

Guided Reporting

Guided Reporting

• XF Marketplace Reporting Solution

• Objects consist of dashboards and cube views

• User-Friendly and dynamic reporting tool

• Streamlined reporting solution

• Can be customized according to client’s reporting requirements

• Minimal user training (minutes, not hours)

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Guided Reporting

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Questions ?

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Thank You for Attending!

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Today’s Presenter:

Christine Ong-Estrada

Cong-estrada@finit.com

General Questions:

Greg Barrett

gbarrett@finit.com

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Email us for a copy of the slides or a link to the recording

insights@finit.com

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