Finit solutions getting the most out of financial reporting january 2011
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Transcript of Finit solutions getting the most out of financial reporting january 2011
Getting the Most out of HyperionGetting�the�Most�out�of�Hyperion�Financial�Reporting:��Tips�and�Tricks
January�19,�2011Presented by: Rob CybulskiPresented�by:�Rob�[email protected]
www.finitsolutions.com
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Finit�IntroductionThe Finit Solutions SeriesThe Finit Solutions Series
Finit�Solutions�specializes�in�consulting�services�in�the�Oracle�Hyperion�Enterprise�Performance�Management�Solutions�suite�of�products:
Financial Consolidation– Financial�Management�(HFM)
Hyperion Enterprise
Planning and Business Intelligence– Planning
Essbase– Hyperion�Enterprise– Financial�Close�Management– Disclosure�Management
– Essbase
BI+ Reporting ToolsFinancial Reporting
Data Integration– Financial�Data�Quality�Management�
(FDM)
– Financial�Reporting– Smartview– Web�Analysis
Essbase Excel Add in( )– Oracle�Data�Integrator�(ODI)– Data�Integration�Management�(DIM)– Other (EPMA, ERPi, etc)
– Essbase�Excel�Add�in
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Other�(EPMA,�ERPi,�etc)
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Finit’s�Reporting�ExpertiseThe Finit Solutions SeriesThe Finit Solutions Series
• Finit�consultants�bring�deep�experience�in�external�SEC�reporting,�tax�reporting,�and�i t l t l i id f i d t i
p g p
internal�management�analysis�across�a�wide�range�of�industries.���
• Our�backgrounds�in�accounting�and�reporting,�combined�with�our�product�expertise,�make�us�uniquely�qualified�to�assist�and�advise�clients�on�developing�reporting�packages�that�q y q p g p g p gprovide�better�insight�and�analysis�for�management.
• Instead�of�simply�relying�on�the�client�to�tell�us�exactly�what�reports�they�want�built,�we�provide value by identifying and suggesting opportunities for enhancements based on ourprovide�value�by�identifying�and�suggesting�opportunities�for�enhancements,�based�on�our�own�knowledge�and�experience.
• Finit�is�a�member�of�the�Oracle�HFM,�Planning,�FDM�and�Hyperion�Enterprise�Customer�Advisory�Boards.��In�this�role,�we�work�directly�with�product�development�and�quality�engineering�teams�to�address�future�product�enhancements.
www.finitsolutions.com� 3 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Finit’s�Client�ServiceThe Finit Solutions SeriesThe Finit Solutions Series
We take client service very seriously and our results areWe�take�client�service�very�seriously�and�our�results�are�unmatched�in�the�industry:
Our�client�service�approach�has�led�to�100%�customer�satisfaction for every Finit client (134 and counting) forsatisfaction for�every Finit�client (134�and�counting)�for�
every�project (over�225�and�counting).
www.finitsolutions.com� 4 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Some�Finit�ClientsThe Finit Solutions SeriesThe Finit Solutions Series
•
www.finitsolutions.com� 5 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
About�the�PresenterThe Finit Solutions SeriesThe Finit Solutions Series
Rob�Cybulski( )([email protected])
• Co�Founder�of�Finit�Solutions• 12 years of experience12�years�of�experience
implementing�Hyperion�products• Frequent�presenter�at�Hyperion
conferencesconferences• Serves�as�the�Hyperion�Enterprise
and�HFM�Domain�Lead�for�the Oracle Hyperion Specialthe�Oracle�Hyperion�Special�Interest�Group
www.finitsolutions.com� 6 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
How�to�Ask�a�QuestionThe Finit Solutions SeriesThe Finit Solutions Series
www.finitsolutions.com� 7 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Purpose of this Webinar The Finit Solutions SeriesThe Finit Solutions SeriesPurpose�of�this�Webinar• Provide�an�overview�of�some�key�tips�and�techniques�that�can�help�
you�improve�your�Financial�Reporting�reports,�including�some�items�that�are�new�in�Fusion�11.��Key�items�will�include:– Report�Annotations�(New�in�Fusion�11)– Expansions, Related ContentExpansions,�Related�Content– Drill�Through�into�FDM(New�in�Fusion�11)– Creating�Books�and�adding�non�reports�(New�in�Fusion�11)
K W k / P f O ti– Key�Workspace�/�Preferences�Options
• Discuss�Oracle’s�roadmap�and�strategy�for�Financial�Reporting
Note:��Finit�conducted�a�webinar�in�Nov�2009�on�Reports�that�covered�some�more�format�options.��Please�email�
www.finitsolutions.com� 8 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Report Annotations The Finit Solutions SeriesThe Finit Solutions SeriesReport�Annotations• Reporting�Annotations�– Option�to�view�textual�information�
related�the�report.�Differs�from�cell�text�in�that�this�applies�to�the�whole�report�and�can�be�stored�as�a�conversation.��
www.finitsolutions.com� 10 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Report Annotations The Finit Solutions SeriesThe Finit Solutions SeriesReport�Annotations• Reporting�Annotations�– Creating�a�New�Annotation�is�easy�once�
the�Annotation�section�is�displayed.�Can�apply�‘Context’�to�whether�commentary�applies�to�whole�report�or�one�of�the�grids�or�items�on�the�report.��Admin’s can�search�all�the�annotations.��
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Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Drill Through to FDM The Finit Solutions SeriesThe Finit Solutions SeriesDrill�Through�to�FDM• Drill�Through�– option�exists�now�to�drill�through�from�a�Financial�
reporting�HTML�based�report�into�the�FDM�underlying�detail.��Setting�can�be�enabled�on�the�entire�grid.��If�applicable,�an�underline�will�exist�on�the�report�to�facilitate�a�line�to�drill�back�on�(similar�to�Related�Content).��When�launched,�a�new�window�(similar to Related Content). When launched, a new windowopens�with�FDM�landing�page.
• As�always�with�drill�through�into�FDM�detail,�the�intersection�must�be�at�a�base�intersection�to�facilitate�the�drill�through�to�FDM.��
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Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Expansions and Related Content The Finit Solutions SeriesThe Finit Solutions Series
Expansions�and�Related�Content�are�features�that�enable�end�users�to�view�detail�data�residing�in�the�same�report�using�Expansions�or�in�a�linked�report�using�R l d C
Expansions�and�Related�Content
Related�Content.�
• Using�Expansion�� You�can�set�up�viewing�of�same�report�detail�data�by�enabling�expansion of summary rows and columns A report set up with expansionexpansion�of�summary�rows�and�columns.�A�report�set�up�with�expansion�enables�end�users�to�select�a�summary�level�row�or�column�and�view�its�related�detail�in�the�same�report�(drill�feature�in�HTML,�then�convert�to�PDF).
• In Expansions, formatting is applied across all members in the expanded dataIn�Expansions,�formatting�is�applied�across�all�members�in�the�expanded�data�segment.��Conditional�formatting�should�be�used�to�address�this�issue.��If�you�have�detailed�formatting�or�calculation�requirements,�then�you�must�use�single�data�segments.
• Using�Related�Content�� You�can�select�a�data�cell�and�set�up�links�to�objects�in�Financial�Reporting.�A�report�set�up�with�Related�Content�enables�end�users�to�move between documents (going from one report to another)
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move�between�documents�(going�from�one�report�to�another).
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Books The Finit Solutions SeriesThe Finit Solutions SeriesBooks• New�in�the�Fusion�11�releases�is�the�option�to�add�non�Financial�
reporting�documents�to�a�Book�package.��PDF,�PowerPoint,�Word�or�Text�files�are�available�options.
• This�is�a�great�improvement�to�be�able�to�produce�a�complete�report package of commentary and reports out of Financialreport�package�of�commentary�and�reports�out�of�Financial�Reporting.
• The�documents�must�be�uploaded�to�the�Financial�Reporting�Workspace�before�being�inserted.��No�option�exists�to�browse�to�a�local�file.��
www.finitsolutions.com� 20 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Default POV The Finit Solutions SeriesThe Finit Solutions SeriesDefault�POV• Starting�with�release�11.1.1.3,�you�have�the�ability�to�set�an�initial�default�Point�
of�View�for�users�when�running�Financial�Reports.��This�applies�to�all�of�products�that can use Financial Reporting (HFM Essbase Planning)that�can�use�Financial�Reporting�(HFM,�Essbase,�Planning).
• Administrators�can�modify�an�XML�file�that�has�the�default�Point�of�View�information�included�in�it.��It�is�configured�via�a�combination�of�a�properties�file�and an XML file for Financial Reporting to apply it (have to be on server)and�an�XML�file�for�Financial�Reporting�to�apply�it�(have�to�be�on�server).
• The�XML�and�default�Point�of�View�applies�to�a�specified�database�connection�and�it�is�not�report�specific.��All�reports�that�use�the�database�connection�will�then have the default Point of View imported with the utilitythen�have�the�default�Point�of�View�imported�with�the�utility.
• The�file�can�be�different�by�user.��Once�a�user�changes�their�Point�of�View,�it�will�override�the�initial�default�Point�of�View.��Report�‘hard�coded’�values�will�override the POVoverride�the�POV.
• Security�still�applies�in�order�to�see�data.��This�can�help�for�setting�recurring�prompt�dimensions�like�Year,�Period�or�Scenario.��However,�it�may�not�correct�or�help with an initial Entity as not all users may have access to the same entity
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help�with�an�initial�Entity�as�not�all�users�may�have�access�to�the�same�entity�and�it�may�be�too�time�consuming�to�do�by�user.��
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Pushing Preferences The Finit Solutions SeriesThe Finit Solutions SeriesPushing�Preferences• In�release�11.1.2,�the�Jconsole.exe�utility�lets�administrators�push�Financial�
Reporting�preferences�out�to�users.��This�is�helpful�as�opposed�to�asking�users�to�update their preferences manuallyupdate�their�preferences�manually.��
• The�Jconsole.exe�preference�push�can�update�the�following�key�preferences�for�users�(partial�listing�of�total�amount):
Default Annotation Setting Whether reports will show or not show annotations by– Default�Annotation�Setting:��Whether�reports�will�show�or�not�show�annotations�by�default.
– Decimal�symbol:��How�a�decimal�is�displayed�on�a�report– Location of POV: above the report or in a pane– Location�of�POV:��above�the�report�or�in�a�pane– Merging�Equivalent�Prompts:��default�setting�on�whether�equivalent�user�generated�
prompts�will�be�merged�or�not.– Preview POV On / Off: default setting for the Preview On / Off preferencePreview�POV�On�/�Off:��default�setting�for�the�Preview�On�/�Off�preference– View�Type:��Default�setting�for�reports�to�be�generated�via�HTML�or�PDF
• The�Jconsole.exe�utility�must�be�run�on�the�Financial�Reporting�server.
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Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Pushing Favorites / Home Page The Finit Solutions SeriesThe Finit Solutions SeriesPushing�Favorites�/�Home�Page• Fusion�11�improved�the�start�up�views�that�users�can�have.��You�
have�many�different�options�now�for�what�users�will�see�once�the�log�into�the�Workspace.��Options�include:– Logging�directly�into�a�designated�application– Launching�the�Explore�section�for�the�Workspace�Repository– Launching�into�a�Document�(Custom�HTML�or�Workspace�page)�or�Favorite
W k h d f lt H P th t b li k d b• Workspace�has�a�default�Home�Page�that�can�be�linked�by�Launching�into�a�Document.��This�file�contains�a�few�key�items:– Recently�Opened�Applications�and�Reports– Listing�of�Favorites�for�the�user– Links�to�Personal�and�Shared�Workspace�pages.
www.finitsolutions.com� 25 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Home Page The Finit Solutions SeriesThe Finit Solutions SeriesHome�Page
www.finitsolutions.com� 26 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Oracle Roadmap The Finit Solutions SeriesThe Finit Solutions SeriesOracle�Roadmap• As�of�11.1.2�(most�current�release),�the�following�reporting�
products�are�available�with�each�product:– HFM: HFM�System�Reports,�Financial�Reporting,�Web�Analysis,�Smart�View,�OBIEE+– Planning: Financial�Reporting,�Web�Analysis,�Interactive�Reporting,�Production�
Reporting,�OBIEE+,�Smart�View– Essbase: All�of�Planning�+�Native�Essbase�reports,�Essbase�Excel�Add�in– FDM:� FDM�Active�Reports�only
• OBIEE+�integration�with�the�EPM�applications�has�been�a�key�strategy.
OBIEE i l d lti l d t b t th t i A (D hb d– OBIEE+�includes�multiple�products,�but�the�two�main�ones�are�Answers�(Dashboard�capabilities)�and�BI�Publisher�(Financial�Reports).
– OBIEE�is�used�across�other�non�EPM�Oracle�applications.�The�‘+’�is�designated�for�EPM integration
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EPM�integration.
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Oracle Roadmap The Finit Solutions SeriesThe Finit Solutions SeriesOracle�Roadmap• Dashboard�Strategy:
– OBIEE+�appears�to�be�the�direction�for�Oracle�EPM.– Pre�packaged�dashboard�tool�expected�for�HFM�(CFO�dashboards)– Oracle�released�OSSM�(Scorecard�&�Strategy�Mgmt)�which�runs�on�OBIEE+.��This�
integrates�with�EPM�and�non�EPM�systems.b l i d i i ill i b d b– Web�Analysis�and�Interactive�Reporting�will�continue�to�be�supported�but�appear�to�
have�limited�new�development�in�them.
• Financial�Reporting�Strategy:– Financial�Reporting�continues�to�have�significant�new�development.��It�is�heavily�
integrated�with�the�new�Disclosure�Mgmt�and�Financial�Close�Mgmt�and�had�some�new�functionality�features�in�the�Fusion�11�releases.OBIEE+ (BI P bli h ) i t d t b i d i fi i l ti t f EPM– OBIEE+�(BI�Publisher)�is�expected�to�begin�doing�more�financial�reporting�out�of�EPM�applications,�but�the�direction�appears�to�be�different�than�the�dashboard�strategy�and�Financial�Reporting�is�expected�to�continue�to�evolve�and�have�new�functionality�added�to�it.��
www.finitsolutions.com� 30 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Upcoming�WebinarsThe Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��An�overview�of�EPMA
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On�February�16,�you�will�learn�about�the�basic�features�and�functionality�of�Enterprise�Performance�Management�Architect�(EPMA),�including�the�setup�and�configuration.��We�will�explain�how�EPMA�handles�metadata�management�in�its�dimension�library�as�well�as�how�multiple�applications�/�hierarchies�can�be�maintained�across�products�(i HFM d Pl i ) t li ti (HFM A 1 d HFM A 2)(i.e.�HFM�and�Planning)�or�across�separate�applications�(HFM�App�1�and�HFM�App�2).��
Getting�the�Most�out�of�EPM:��Infrastructure�for�Finance�People
This�webinar�on�March�16�will�take�you�through�one�of�the�areas�that�we�get�the�most�questions�on.��The�webinar�will�cover�topics�including�an�overview�of�the�basic�elements�of�the�EPM�infrastructure�and�how�the�interact.��We�will�discuss�some�of�the�technical�components�that�exist�in�an�EPM�environment.��The�focus�will�be�on�what�finance�people need to know when it comes to the technical infrastructure for their EPMpeople�need�to�know�when�it�comes�to�the�technical�infrastructure�for�their�EPM�environment.
To�register,�go�to�www.finitsolutions.com/Insights_Webcast.html
www.finitsolutions.com� 32 �
Th Fi it S l ti S iTh Fi it S l ti S i
Getting�the�Most�out�of�Hyperion�Financial�Reporting:���Tips�&�Tricks
Finit�ContactsThe Finit Solutions SeriesThe Finit Solutions Series
Questions? Rob�[email protected] 880 2025
Email�us�for�a215.880.2025
Ed�DeLise
copy�of�the�slides�orlink to the recording
link�to�the�recording.Joe�[email protected] 349 5029
www.finitsolutions.com� 33 �
919.349.5029