Hyperion Close Up!

Parallel sessie 1B

Hoe creëer je een efficiënt en transparant tax proces?

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1. Errors in Tax Accounting

2. Cash Flow Statement Classifications

3. Revenue Recognition

Restatements Increased 21% in 2012

Large Company Issues

Roadmap

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Plaatsing HTP binnen EPM

Voordeel HTP boven zelfbouw en Excel

Demo HTP

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2

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EPM Playing field

Strategy

Management

Profitability

Management

Planning and

Forecasting

DRM

Financial Close

Data Integration

Reporting

EPM Playing field

Strategy

Management

Profitability

Management

Planning and

Forecasting

DRM

Financial Close

Data Integration

Reporting

ERP &

Sub-Ledger

Transactions Assurance Reporting

Metadata

Management

Financial

Data

Management

Management &

Financial

Reporting

SmartView

Tax Journal

Entry

Financial Close Management

BI - Finance & Tax Analytics Dashboards

Tax Provision

Financial Consolidation

Financial Close

Translate, Calculate, Consolidate

Origin of HTP

Hyperion Tax Provision Buy vs. Build

Hyperion Tax Provision

Custom Build

Oracle’s Investment

Design +

Development +

Quality Assurance +

Documentation

= 16,490

Hours

1. Tax-specific product features e.g. Tax Automation Wizard

2. Out-of-box capability

3. Continued enhancements

4. Performance - Speed

5. Risk - Support for future changes in IFRS & US GAAP

6. Certified

7. Roadmap

1. Unsupported

2. Maintenance - Authonomy

3. Functionality match?

DEMO

I. Final Disclosure Tax Note

II. Data Collection, Review & Approval

Jacques - regional controller in France

Susan - corporate tax manager in HQ

III. Tax Automation Wizzard

Take aways Based on decades of a mature solution: Oracle Hyperion

What area? What it means? How you get it?

Data Input (Meta-data)

Efficiciency & Speed

Reuse FDM EE Use preconfigured Grids & Forms (Reuse DRM, Data Relationship management)

Data Processing Control & Auditability

Reuse HFM functionality Process alignment

Data Reporting Transparancy & Analysis

Reuse Financial Reporting Smartview BI

INTEGRATED

Hoe creëer je een efficiënt en transparant taxproces?

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CONTACT

Stijn Gabriels

Mobile: +31 6 46073122

Email: stijn.gabriels@finext.nl