Oracle EPM What does all this stuff really do...

www.finitsolutions.com

Getting the Most out of EPM:Oracle Hyperion – What does all this stuff really

do?

August 16, 2013

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We strongly believe that Service + Solutions = Maximum Value

Service

� Compensation model based upon client satisfaction with consultant’s work,

not utilization / chargeability.

� No external owners and Finit partners are involved in every full-cycle

implementation.

� Employees, not contractors.

Solutions

� Finit consultants are Hyperion product experts who enjoy designing, building

and deploying great solutions, applications and processes.

� Finit works closely with Oracle Hyperion development on product strategy

and beta testing.

Finit’s Focus


Our client service approach has led to 100%

customer satisfaction for every Finit client (over

185 and counting) for every Oracle Hyperion

project (over 325 and counting).

Finit’s Client Service


Finit Answers

Finit Answers provides the proper support offering for your Business� Hyperion Product Expertise: Finit has been offering Oracle Hyperion EPM services and support as a

company since our inception (July 2002) - staffed by our Hyperion Subject Matter Experts.

� Finit is providing a unique pledge for Hyperion Enterprise Customers: Any Hyperion Enterprise related fees

can be applied to a future project to replace Hyperion Enterprise with Finit Solutions.

� Allow Finit Answers to be your personal Hyperion Insurance Policy

� Flexibility: We offer a ‘pay as you go’ option (pay for only the time you use) along with several other levels

of support that we can customize to meet your needs:

1. Time And Materials Support: You only pay for the time you use (no monthly fees)

2. Dedicated Critical Support: Technical Application Support with a guaranteed 2-hour response time

3. Remote Consulting Assistance: Ask us to review your HFM Rules, Essbase Calcs, consolidations, FDM Integrations,

custom reports, etc.

4. Managed Services: Application Administrator Assistance (Primary or Secondary)

� http://www.finitsolutions.com/Support_Finit_Answers.html

� CONTACT Greg Barrett ([email protected]) for more information

Finit Solutions Official Support Offering:

Answers & Support with Efficient, Responsive Service


•

Some Finit Clients


About the Presenter

Joe Mizerk

([email protected])

• 20 years working in Hyperion world

• Client, UpStream, Hyperion, Oracle

• Former Hyperion Enterprise Administrator

• Director at Finit


1. Overview of the various EPM Products

�The Financial Close Suite (Consolidations)

�Planning and Forecasting Suite

�Other Hyperion tools and their place

2. How can we best utilize all these products?

�Finit presents some of our best customs

solutions

Agenda



do and how?

Introduction to all the various EPM

Products


• Integrates data from multiple transaction systems

• Automates and links strategic and financial management processes

• Modular, integrated suite

• Over 6,000 customers

• #1 Market Share (Gartner 2013)Oracle BI Foundation

Common Administration Services

Strategy Management

Financial Close and Reporting

Planning andForecasting

ProfitabilityManagement

Hyperion Performance

Management Applications


FinancialConsolidation

DataAssurance Document

Management& Filing

Financial &Mgmt. Reporting

ERP: Oracle, SAP, Legacy, Other

Financial Close Management

Finance Dashboard

TaxProvision

Transactions Reporting

Governance, Risk & Compliance

Oracle’s Financial Close Suite


– HFM Plus (Plus means you get reports)

– FDM – ERPi

• Financial Data Quality Management

– FCM w/ARM

• Financial Close Manager w/ Account Reconciliation Mgr.

– DM - Disclosure Management – Optional

– EAL - Essbase Analytic Link

– OFMA - Optional

• Oracle Financial Management Analytics

– Tax Provision Module - Optional

Financial Close Suite (FCS)


Hyperion Financial Management

(HFM)• Traditional Financial Consolidation

– Intercompany

– Cash flow

– Foreign exchange

– Minority interests

– Tax provision

• Journal Entries

• Audit trails & Process control

• Unstructured information – Flash reporting with

commentary


Financial Data Quality

Management (FDM)Audit Trails• 85+ Audit/Check Reports

• Store current and historical mapping definitions, docs

• Allow dynamic drill through

to source ERP and files

Data Collectionand Transformation

• Read and interpret G/L trial balance files and ERP

• Mapping validation againsttarget system dimensions

• Data & meta data integrity checking against data validation rules

Internal Controls• Source financial document

archival

• Prepackaged audit and internal control reports

• Comprehensive role basedsecurity

RepeatableProcesses

• Single standard and defined solution for any target application

• Standard upward data certification process

Load

Validate

Export

Check


FDM Enterprise Edition (FDMEE)

New User Interface (11.1.2.3)


TASK MANAGEMENT

PROCESS MONITORING

ACCOUNT RECONCILIATIONS

ACTIVE CALENDAR

Active integration with EPM andERP systems

Executive Dashboard Views

Centralized web based task management and collaboration

Automation through matching capabilities and integration with all sources

Financial Close Management

(FCM)

15


Accounts Reconciliation Manager

(ARM)

Load BalancesLoad Balances

Auto ReconciliationAuto Reconciliation

Email NotificationsEmail Notifications

PreparationPreparation

ReviewReview

Late NoticesLate Notices

MonitoringMonitoring

• Designed to support accounting

reconciliation processes

– General Ledger Reconciliations

(aka “Balance Sheet

Reconciliations”)

– Consolidation System

Reconciliations

– Tax Reconciliations

– Any other reconciliation that

performs a periodic validation of

an account balance

• ARM solves a compliance

documentation problem

– by managing reconciliation

processes and storing evidence

that reconciliations occurred


Essbase Analytics Link (EAL)

HFM Database

Server

Load external datato the Essbasedatabase

Queries

GL

Planning

DW

Essbase


Disclosure Management (DM)

• Offers a complete XBRL creation and

management solution

• XBRL Taxonomy management, editing and

viewing

• Enterprise level XBRL mapping that consists of:

– Report level mapping within MS Word / Excel,

Smart View

– Reusable data source metadata mapping within

Oracle’s Hyperion Financial Management,

Planning and Essbase

• Instance document creation, validation and

viewing

• Full 10k/10q (HTML) support

• Utilizes best-in-class technology for XBRL

• Utilizes Oracle UCM technology for doc mgmt

• New Feature for Press Releases etc. (Variables)


Oracle Financial Management Analytics

(OFMA)


Tax Provision Module (HTP)Financial & Tax Consolidation Source

Systems

GL

Tax Return

Assets

Other

HTP

Process Management

Rules Engine

Validations

Journals

Audit Tracking

Inter-company

HFM

Data Load RepositoryAudit, Security & ControlDrill-through FDM

Source Mappings Target

Dis

clo

sure

OF

MA

(T

ax

An

aly

tics

-P

S3

)

� Financial Reporting

� Smart View

� Report BooksText/GL/XLS

etc.

Fin

an

cia

l &

Ta

x R

ep

ort

ing

Tax Provision Forms(incl. manual input)

Tax Automation

Tax Provision Reports

Tax Provision Data Model

Tax Provision Rules


21

Oracle Enterprise Planning

Financials Supply Chain & Logistics

Human Resources

Long Term Planning

Corporate Development

Treasury Management

Value Management

Hyperion Strategic Finance

Integrated Revenue &

Profit Planning

Call Center Operations Planning

Key Materials & Capacity Modeling

Inventory Exposure Modeling

CRM Manufacturing

• Operational planning constraints to assess feasibility of financial plans

• Corporate finance to link operations to capital allocation and financing decisions

Annual Budgeting / Forecasting

Project Financial Planning

Capital Expense Planning

Workforce Financial Planning

Hyperion Planning

Customer Profitability

Product Profitability

Complex multi-tiered Allocations

Hyperion Profitability Cost Mgmt.

User Input User Input


– Hyperion Planning Plus

• Workforce Planning Module

• Capital Asset Module

• Project Financial Planning

• Public Sector Planning

• Financial Services Planning

– Strategic Finance

– Crystal Ball - Optional

– FDM

– DRM – Data Relationship Management (Steward)-Optional

Enterprise Planning Suite


• QUANTITATIVE MANAGEMENT AND REPORTING FOR

SOLVENCY II

– European focus and not seen in US

Enterprise Planning Suite


– Used to drive collaborative, web based operational

planning processes throughout the organization– Cost Centers

– Business units

– Create revenue and / or cost drivers

– Detailed product and / or customer views

– Iterative Planning, budgeting, and forecasting cycles

– Track activity throughout, who is submitted, who is

approved, who is late

– Support complex business rules and drivers for a

more efficient process with less manual entry

Hyperion Planning


Planning Enablers - Highlights

• Organizational Collaboration– Finance, Operations, Business Unit Managers

• Simplification & Standardization – For changes

• System Alignment – Within the EPM environment

• Spreadsheet Reduction

• Data Standards & Automation– Pre-populating data, common data models, hierarchies, etc.

• Driver Based Concepts – Align process to business

• Rolling Forecast– Allows for continuous monitoring and measurement

• Reduced Level of Detail - What is key to business?

• Rapid Forecasting – 24 hrs - automation, drivers, web distribution


Pre-Built for easier & faster deployments:

• Workforce Planning Module

• Headcount, Salary, Compensation

• Capital Asset Module

• Additions, Deletions, Transfers

• Project Financial Planning

• Pre-defined dimension members, forms, business rules,

menus, task lists, smart lists, validation rules & project

planning plan types

• Integrated Human & Capital Resource Management

• Covers Contract, Capital, Indirect projects

Planning Modules


• Public Sector Planning

• Unique for Healthcare, Gov’t, and Higher Education

• Financial Services Planning

• Banks and other pure asset management organizations

Other Planning items:

– Exalytics

• In-memory Machine for Planning – very fast

– Planning in the Cloud

• On demand service to be released later in 2013

Planning Modules


Hyperion Strategic Finance (HSF)

•High level planning

•Long term outlook

•Treasury Management

•Merger and Acquisition analysis

•Capitalization scenario modeling

Benefits

• Integrate and align strategic and financial

planning

• Less dependence on outside advisory firms

for running scenarios

• Consistent experience across entire planning

process


Crystal Ball

• Functional Summary

– Statistical prediction scenarios built into

Hyperion Planning

– Uses Oracle Crystal Ball Predictor to

analyze historical data and project trends

and patterns into the future

• Benefits

– Enable business users to leverage

statistical forecasting techniques

– Improve accuracy of forecasts and plans

– Automatically forecast best and worst

case scenarios in addition to base case


Data Relationship Management

(DRM)

• “Best of breed” enterprise dimension

management solution:

– Mature product

– Strong user base

– Technology agnostic

• Automation of dimension alignment:

– Reduce manual efforts and errors

– Increase data quality

– Complete audit trail & “roll back”

• Business value:

– Process alignment and simplification

– Simplify system rollouts & maintenance

– Close-cycle simplification


Data Relationship Management (DRM)

Gain visibility to the Current State

Apply Changes &

Model the Future

Compare & Map

Enforce Rules

Integrate w/ Systems

& Processes

Audit all Changes


Hyperion Profitability & Cost Management

(HPCM)

Functional Summary

• Addresses need for detailed profitability and

costs allocated to low levels

• Highly detailed multi-step allocations

• Complex driver scenarios

Benefits

• Takes what would formerly be complex

custom solutions and productizes them in an

application

• Granular analysis of costs and profits: Millions

of customers, SKUs, subscribers, products,

transactions

• Manage cost development and cost

application in a single system


• OLAP (Online Analytical Processing) Server

– Provides an environment for:

• Deploying pre-packaged applications

• Developing custom analytic and enterprise performance

management applications.

• Quickly model complex business scenarios

• Oracle Essbase, along with Oracle BI Suite Enterprise

Edition Plus, is part of the Oracle BI Foundation

– Take data from BI and perform what-ifs, etc…

Essbase


– Adaptable data storage mechanism for specific types

of analytic and performance management

information

• Flexible and highly usable via a spreadsheet interface

• Examples:

– Cost Center Analysis

– Product Profitability

– Sales Analysis

– Product Cost Analysis

– Departmental or Business unit analytical requests

Essbase


• Integrates data from multiple transaction systems

• Automates and links strategic and financial management processes

• Modular, integrated suite

• Over 6,000 customers

• #1 Market Share (Gartner 2013)Oracle BI Foundation

Common Administration Services

Strategy Management

Financial Close and Reporting

Planning andForecasting

ProfitabilityManagement

Hyperion Performance

Management Applications



do and how?

Finit reveals some of our best custom

solutions


Project Details

�HFM and Planning Implementation

� Client wanted to keep IC in both applications in sync

and fully reconciled at all times

�Unlike HFM, Planning (Essbase) does not have a built

in ICP Dimension or Elimination Logic

� Built intercompany eliminations into Planning (not

easy to do, but it is possible) to ensure that

consolidated data reconciles to HFM and the two

applications are in sync.

Intercompany Eliminations in

Hyperion Planning


Challenge

� Integrate and automate data from HFM/FDM with ‘non-

Hyperion’ products

Solution:

� Created custom .dll that can call EA (Extended Analytics)

� Created custom table in FDM for users to enter

parameters

� Used that process to extract data into a .txt

� Text File custom formatted for 3rd-Party Software

Pushing HFM/FDM data

downstream


Automating the Movement of data from one

HFM app to another

� Users run HFM Task-flow to trigger EA extract

� Data is sent to database, trigger file created in FDM outbox

folder

� Task manager runs writes data to a text file saved in batch

folder whenever it sees the trigger file

� File is batch loaded into FDM (and thus HFM)

� Email is sent notifying of errors or successful load

� Data tie out sheet is automatically generated and emailed out

to select users

The “Easy Button”


� The ability to write data via Smart View is a role that users either have or

don’t have the ability to do.

� Budget and Forecast users need this role to be able to submit and modify

their Budget and Forecast submissions.

� However, if those same users have access to the Actual scenario they would

also be able to modify their Actual data via Smart View

SOLUTION

� Used one of the custom dimensions in HFM for ‘Type’ of data load

� Gave users access to only certain members in that dimension

� Customized the FDM Adapter to so that the connection being made to HFM

was different based on the dimension we used for Type.

� Thus, if a user tried to load to the Custom Dimension Member of ‘Forecast’

via Smart View she would be permitted, but she would be denied from

loading to ‘Actual’ via Smart View

Should you allow users to load

Actual Data via Smart View?


HFM and Essbase Project to replace Hyperion

Enterprise

� Biggest Challenge = users wanted to look at data in HFM and

Essbase in ‘real-time’; i.e. both Apps needed to be current and

fully tied out at all times

� Solution: Customized FDM to do the tie out of HFM and

Essbase for us

� Data is pulled out of both applications, pushed into an FDM location

that is set up to do the comparison (everything should net to zero)

� For any account level detail that does not tie an entry is made to load

back into Essbase to ‘force’ the apps to be in sync (HFM is the book of

records)

The “Squeeze Process”


Many companies evaluate their results at different

rates (e.g. Actuals at Budget Rates, Actuals at Last

Year rates, etc.).

�Unfortunately, this is can be a very manual process

and it takes time to consolidate all those different

scenarios

� Custom Solution: by using a custom dimension to

store some of this data you can automate much of the

work and greatly reduce consolidations

�Thus, users see the data in ‘real time’ not days after Month

End Close is already completed

Constant Rate Analysis


Questions?

Email us for a

copy of the slides or

link to the recording.

Thank you for attending!

- > [email protected]

- > General Questions

� Greg Barrett

([email protected])

� Joe Mizerk

([email protected])


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