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Improving Enterprise Performance Management
Len Romano – Regional Director
TopDown Consulting, Inc.
At a Glance Oracle Certified Advantage Partner Over 400 successful customers globally
Differentiators Experts in EPM and BI solutions
Financial Reporting and Close Cycle Planning, Forecasting, and Modeling Operational Reporting and Analysis Scorecards and Dashboards
Proven Project Success Methodology™ Infrastructure and Technical Expertise TopDown Migration Manager™
CreateStrategic Vision
Define ProjectGoals
ImplementSolutions
DevelopClient Expertise
QuantifySuccess
SUCCESS
RECOGNITION
VALUE
ACHIEVEMENT
CONFIDENCE
Defining Enterprise Performance Management
Set of integrated, closed-loop management and analytic processes, supported by technology, that address financial as well as operational activities
Enables businesses to define strategic goals, and then measure and manage performance
Core processes linked to organizational strategy Financial and Operational Planning Consolidation and Reporting Modeling & Analysis Monitoring of KPI’s
EPM VisionExtend Operational Excellence to Management Excellence
Time
CompetitiveAdvantage
OPERATIONAL EXCELLENCE
MANAGEMENT EXCELLENCE
The Balancing Act
Technology Enables Tools
Process How and Why Repeatable / Sustainable
Culture Defines the company Degree of change
BalancedSolution
BalancedSolution
T P
C
Key Drivers for Adopting EPM
Close the gap between strategy and execution
Effective performance measures
Compliance Sarb-Ox / IFRS Not a one-time exercise Penalties
Governance, Risk and Compliance
Communication Align business strategies for all
stakeholders
Competitive advantages Visibility and insight Collaborative
Decision making Respond vs. React
Confidence Collaborative environment Improve quality of information
Ownership Closest to the source
Oracle’s EPM System
BI Applications
OLTP & ODSSystems
Data WarehouseData Mart
SAP, Oracle, Siebel,PeopleSoft, Custom
ExcelXML
BusinessProcess
OLAP
Fusion Middleware
Business Intelligence Foundation
BI ApplicationsPerformance Management Applications
EPM WORKSPACE
Web •AlertsOffice MobileDesktop Search
Oracle Performance Management Applications Strategic Products
DOMAIN PRODUCTS
Strategic Planning Hyperion Strategic Finance
Hyperion Performance Scorecard
Oracle Crystal Ball
Planning & Budgeting Hyperion Planning
Hyperion Workforce Planning
Hyperion Capital Asset Planning
Oracle Integrated Operational Planning
Financial Close Management Hyperion Financial Management
Hyperion Financial Data Quality Management
Cost and Profitability Management
Oracle Hyperion Profitability and Cost Management
PeopleSoft Activity Based Management
Oracle EBS Profitability Management
Oracle OFSA
Hyperion Planning at a Glance
Top Down and Bottom up PlanningDriver Based PlanningWorkforce & Capital Asset Planning
Planning
Resource AllocationBudgetary Process ManagementReviews and Approvals
Budgeting
Predictive AnalysisStatistical ForecastingScenario Analysis and Versioning
Forecasting
Plan vs. ActualsException ManagementRoot Cause Analysis and Explanation
Variance Management
Hyperion Financial Management
Global financial consolidation, reporting and analysis
Collects, consolidates & reports financial results in multiple GAAPs & IFRS
Consolidating
Reduce the cost of compliance i.e. Sarbanes-Oxley , electronic filing, & other regulatory requirements
Support disclosure requirements, such as sustainability reporting
Compliance
Complete audit trails10K/Q to general ledger audit trail, providing confidence in the numbers
Auditing
Powerful reporting and analysis tools
Deliver timely results internally and externally
Reporting
Hyperion Workforce Planning
Plan salary and other compensationAdd and delete new hiresIntegration with external HR systems
Planning
Budget for salaries and bonusesPlan projects/salary at any level
Budgeting
Set payroll taxes for states & yearsForecast compensation for hourly
employees
Forecasting
Manage status of existing employeesTransfer employees between depts.
Management
Hyperion Capital Asset Planning
Automates planning of capital assets & capital asset related expenses, such as depreciation, maintenance and insurance
Planning
Built-in functionality includes account structures, calculations, Smart Lists, data forms, dimensions, and menus
Simulating
Assess the impact of your capital expenses on your overall expenses and financial statements
Assessing
Modify existing capital assets with improvements, impairments, and retirements, as well as transfer capital assets from one cost center to another using multiple methods
Management
Hyperion Strategic Finance
Financial modeling identifies financial impact of alternative strategies
Debt Scheduler models cash flow & implications of debt
Modeling
Integrate long-term planning, treasury strategies and corporate development analysis
Planning
Deal Period functionality to simulate mergers and acquisitions
Simulating
Freestyle Reporting for professional-quality reports and graphs
Reporting
Dashboards & Scorecards
Oracle Business Intelligence Enterprise Edition
Financial Reporting
Best Practices in Implementing EPM & BI
Getting Buy-in CXO level to all stakeholders is critical It is important to show the value to all audiences Engage with a partner who has previous experiences and can
present the strategic value of the solution
Showing Business Value It’s NOT just about being able to close your books and report
faster, nor is it just about being able to better plan It IS about being able to gain a competitive business
advantage by modeling “what if” scenarios and being more agile and nimble
It IS about being more dynamic and gaining the ability to to re-forecast on a monthly basis versus having an annual static budget that doesn’t take into account where things are today
Best Practices in Implementing EPM & BI
Reducing the Time to “Go Live” Leverage a partner with specific domain expertise in finance
and reporting and previous experience with implementing Hyperion EPM and BI solutions
Understand Risks, Political and Cultural Impacts Know and understand the potential political and culture issues
in advance so they can be mitigated and eliminate resistance
Implement in Phases Pilot, department rollout, enterprise rollout
Training Ensure each stakeholder is successful by ensuring proper
training from a knowledge expert
Best Practices in Implementing EPM & BI
Documentation Ensure the solution rollout is documented to ease any future
changes to the system
Improving Best Practices Build an EPM or BI Center of Excellence Educate the organization on the value – i.e. how strategic
financial and operational planning, workforce planning, world-class financial close, performance scorecards and dashboards, business intelligence and modeling “what if” scenarios creates a Performance Accountable Organization (PAO)
Choosing a Partner Select a partner that covers the full spectrum of Hyperion
technologies and understands how ERP fits into the picture
Challenges / Issues Objectives Results
Client Success Story
Reporting packages produced directly from transactional systems
Heavy reliance on Excel for consolidation, planning, and reporting
Financial and Planning Models required significant time to update, distribute, and collect data
Company was actively acquiring new schools globally
Need to improve Sarbanes-Oxley compliance & auditability
Lack of financial and KPI analysis and reporting
Define Business RequirementsDesign, Develop, Implement, Test and
Train in support of global Implementation of HFM
Establish data integration strategy to support HFM and Planning
Leverage Best Practices to define world class standardized external reporting toolsets
Establish SOX compliant security processes for system access and change controls
Improve Financial and KPI reporting and analysis utilizing OBIEE Financial Analytic Application
Streamlined and accelerated monthly close process
Established SOX-compliant security processes for system access and change controls
Improved Budget and Forecast processCreated single version of the truth with
tighter Oracle EBS integrationDesigned Dashboards and Data
Warehouse to facilitate flexible & timely reporting of financial & operational data
Improved controls and efficiency by automating manual tasks and increasing user satisfaction
Architected to support future projects
Global Consolidation, Planning, Forecasting, Reporting, and Analysis, including both Financial & Operational DetailHFM, FDM, Planning, Essbase, OBIEE, BI Applications
Apollo Group
Contact Information
Len Romano Regional Director (708) 453-1549 [email protected]