Integration and Financial Systems

February 24th, 2005February 24th, 2005

AgendaAgenda

Financial Systems as the Foundation

for Application Integration Randy Kuehn

Demonstration: Current Technology Kim Wilde, CMA

Questions & Answers

Randy KuehnVP Strategy

WellPoint Systems Inc.

Who is WellPoint Systems?Who is WellPoint Systems?

Microsoft

Axapta

.NETUPSTR

EA

M

MID

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EA

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OTHER

FINANCIAL

Microsoft

Axapta

.NET

• MAXWELL

• RTS

• RIG SCHED

• OMS

• COBRA

• TBD

• IFS

• AXAPTA

• SOLOMON

• GP

What is IntegrationWhat is Integration

• The act of taking data from one software application (output) and, without human intervention, using it as input into a separate application.

• Integration is the foundation that allows us to extract information from diverse information systems - commonly known as “software applications” – and use it into any other information system

• The act of taking data from one software application (output) and, without human intervention, using it as input into a separate application.

• Integration is the foundation that allows us to extract information from diverse information systems - commonly known as “software applications” – and use it into any other information system

Inherent BenefitsInherent Benefits

Integrity and accuracy • preserved best with only one source• Integration attempts to cross-

reference and re-use data

Simplified access to data from multiple sources

• Integration allows you to access the data stored in other systems

Integrity and accuracy • preserved best with only one source• Integration attempts to cross-

reference and re-use data

Simplified access to data from multiple sources

• Integration allows you to access the data stored in other systems

Strategic BenefitsStrategic Benefits

Support the business in reaching its goals •Track costs and profitability, metrics•Real time information into the hands of those who

need it •Can meet regulatory requirements faster

Access to Information•Efficient and secure means of retrieval for decision

support•Portals, dashboards

Support the business in reaching its goals •Track costs and profitability, metrics•Real time information into the hands of those who

need it •Can meet regulatory requirements faster

Access to Information•Efficient and secure means of retrieval for decision

support•Portals, dashboards

Current state of IntegrationCurrent state of Integration

Varies by company–Data in multiple systems, “best of breed”–Collation and audit activities are time

consuming and error prone–Data redundancy & integrity problems exist–Inherent within well architected standalone software

products–Customer must buy or build between disparate

systems

Varies by company–Data in multiple systems, “best of breed”–Collation and audit activities are time

consuming and error prone–Data redundancy & integrity problems exist–Inherent within well architected standalone software

products–Customer must buy or build between disparate

systems

Where to start?Where to start?

Financial Accounting Systems

The Hub of Hub and Spoke• The center of the data universe• Mature systems & processes• Critical data• Technology evolution allows ‘active’

role

Financial Accounting Systems

The Hub of Hub and Spoke• The center of the data universe• Mature systems & processes• Critical data• Technology evolution allows ‘active’

role

So What’s New?So What’s New?

•Microsoft enters the fray

•Tools and platforms architected for extension and integration

•Microsoft enters the fray

•Tools and platforms architected for extension and integration

Recent Launch of IFSRecent Launch of IFS

•Aging/inflexible technology of existing solutions

•New technologies/products architected for extension

•Aging/inflexible technology of existing solutions

•New technologies/products architected for extension

What is WellPoint IFS?What is WellPoint IFS?

1. A world-class accounting system customized to the

unique requirements of the Oil & Gas industry

2. The basis for a comprehensive enterprise resource

planning (ERP) platform

3. A critical integration point for your company’s mission-critical applications

1. A world-class accounting system customized to the

unique requirements of the Oil & Gas industry

2. The basis for a comprehensive enterprise resource

planning (ERP) platform

3. A critical integration point for your company’s mission-critical applications

WellPoint IFS: Version 1.0WellPoint IFS: Version 1.0

A true integrated financial system!A true integrated financial system!

Microsoft Server PlatformMicrosoft Server Platform(MS SQL, MS Server2000 etc.)(MS SQL, MS Server2000 etc.)

MicrosoftMicrosoftBusiness Framework (XML, .Net)Business Framework (XML, .Net)

Business Components - Axapta

WellPoint IFSWellPoint IFS

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Customer specific configurationCustomer specific configuration

What are the primary benefits of IFS?What are the primary benefits of IFS?

1. Supports critical compliance with Sarbanes-Oxley

2. Architected specifically for the Oil & Gas industry

3. Configurable to the unique needs of your business

4. Scalable to support the growth of your company

5. Additional functionality can be added as needed

6.Robust integration platform.

1. Supports critical compliance with Sarbanes-Oxley

2. Architected specifically for the Oil & Gas industry

3. Configurable to the unique needs of your business

4. Scalable to support the growth of your company

5. Additional functionality can be added as needed

6.Robust integration platform.

Return on InvestmentReturn on Investment

•Realistic ROI’s defeat Research Groups• “75 percent of Microsoft Axapta customers

interviewed achieved a positive ROI from their deployments, with an average payback period of 23 months.” Nucleus Research

•Regulatory requirements

•TCO• “Microsoft Axapta’s unique layered architecture

already facilitates personalization of customers’ business processes without the high costs inherent in upgrading customized software.” Mark A. Jensen, General Manager for Microsoft Business Solutions.

•Realistic ROI’s defeat Research Groups• “75 percent of Microsoft Axapta customers

interviewed achieved a positive ROI from their deployments, with an average payback period of 23 months.” Nucleus Research

•Regulatory requirements

•TCO• “Microsoft Axapta’s unique layered architecture

already facilitates personalization of customers’ business processes without the high costs inherent in upgrading customized software.” Mark A. Jensen, General Manager for Microsoft Business Solutions.

Kim WildeTechnical Consultant, WellPoint Systems Inc.

WellPoint IFSDemonstration

WellPoint IFS: Version 1.0WellPoint IFS: Version 1.0

Highly configurable environmentHighly configurable environment

• Labeling can be changed (<1 min).• New tables and fields can be added (5-30 mins).• Features can be enabled/disabled (5-10 mins).• Reporting via wizard, build-in OLAP, cut’n’paste to MS

Office suite, business analysis, FRx etc.• Import / export via templates.• Integration with specialized O&G applications (land,

production revenue accounting, JIBLink) via BizTalk, COM etc.

• Built-in security system (table-, field-, data- & feature-level)

WellPoint IFS: Version 1.0WellPoint IFS: Version 1.0

A true integrated financial system!A true integrated financial system!

Microsoft Server PlatformMicrosoft Server Platform(MS SQL, MS Server2000 etc.)(MS SQL, MS Server2000 etc.)

MicrosoftMicrosoftBusiness Framework (XML, .Net)Business Framework (XML, .Net)

Business Components - Axapta

WellPoint IFSWellPoint IFS

Valu

e to

Cus

tom

erVa

lue

to C

usto

mer

Customer specific configurationCustomer specific configuration