Enterprise Performance Management

Service brochure

Our enterprise Implementation of Performance Management (EPM) services enable organizations to unlock their business potential. They need integrated EPM platforms that unify their performance management processes and help them bridge the gap between their goals and results. Our EPM offerings are designed to meet the needs of our clients and help them acquire the required capabilities in finance and IT.

Driver-basedperformancemanagment

Enterpriseplanning

Reportingand analytics

Financialconsolidation

Impr

ove Forecast

Report

Technical Infrastructure

Data IntegrationDa

ta G

over

nanc

e

Data Management

An integrated experienced team in a well-established global network: We work with subject matter experts in the country and globally in all spheres including industry, accounting, finance, technology, data, processes, risk and treasuries.

Strong business and technology focus: Our “Thought to Finish” offering will help you from the start of defining your business requirements to implementing your vision.

Practical tried and tested approach: We have a practical ‘top-down” integrated approach that covers all the critical components and is in line with leading practices in India and around the world.

Technological independence: We are technologically independent and support all major EPM solutions and IT frameworks as well as enabling tools integrated with all major ERP systems.

Our business performance management offerings: These cover the key functions of financial consolidation, strategic planning, budgeting and forecasting, and management reporting.

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Why EY?

How EY can help

Financial consolidation and reporting of value proposition

• Consolidation of financial data from business units within an organization and performance of adjustments, currency translation, elimination for multi GAAP and management reporting

• Financial closure and COA process design

• Consolidation of system design and implementation

• Disclosure management

Business planning, budgeting and forecasting value proposition

• Defining budgeting calendars and processes, and top down and bottom up planning to provide reports that facilitate financial budgeting and forecasting on various drivers and scenario-based approaches

• Designing budgeting and forecasting process

• Planning system design and implementation

• Implementing strategic planning models

• Facilitating driver -based planning

Cost allocation

• Management of allocation of costs and revenue, which is necessary for computation of the profitability of a business segment, e.g., a product, customer, region or services for management’s needs, legal reports and transfer pricing

• Allocation of project-based costs and revenue

• Implementation of multiple allocation models using drivers

• Allocation of traceability to source

Where have we done it before?

Global retail bank

British multinational publishing and education company

Indian IT consulting and system integration services company

Indian internet access and telecommunications company

Global life insurance company

Potential client benefitsEfficiency

• Financial consolidation

• Top-down/bottom-up planning

• Scenario and collaborative planning

• Rolling out of plans

• Change management

Effectiveness

• Drill down/Slicing and dicing and flexibility

• Reduced cycle time

• Increased efficiency and effectiveness in planning process

• Compliance and audit trail

Integration

• Integration of source system

• Reconciliation of historical data

• Unified view of financials across group company

Cred

entia

ls Large Indian BPO Organization – financial planning and budgeting

Business challenge:

• Need for timely reporting of planning/budget data to Hyperion • Pressure to reduce costs and efforts • Need to eliminate multiple Excel files • Impact of frequently changing Forex rates reflected in minimal time in system • Necessity of accurate and reliable reports for higher level management • Increasing requests for ad hoc analysis by various teams to finance department

System design principles:

• Development of multi-currency cost center and location-based management reporting framework • Allocation of various regional-level products • Replacement of an Excel-based planning database with a multi-dimensional planning model • Ability of the system to report across more than 18 views • Flexibility to input and report data in multiple currencies for a single entity • Collection of data from around 500 cost centers, and validation and consolidating these

EY’s advantage:

• Easier process for month-end planning • Excel and web-based reporting, enabling client to create ad-hoc reports for advanced analysis • Actual vs. planned reporting • Accuracy, integrity and consistency maintained throughout organization with Hyperion Planning as

single source of truth • Secure and improved access to critical business information • Improved process control using system workflow and version controls

Service offering:

• Hyperion Financial Planning • Hyperion Financial Reporting • Hyperion SmartView • QA – testing of functional, integration system and automation

Indian subsidiary of global telecom giant – financial statement close

Business challenge:

• Absence of standardized closing calendar and financial closing checklist resulting in varying efficiency at circles

• Need for improving integration of Oracle with other billing and reporting applications for improved accuracy and reduced financial closure of cycle time

• Highly manual activity for accounting of expenses and cost accruals with limited use of the functionality within Oracle

• Significant manual intervention in review, approval and validation process across circles • Possibility of completion of manual forms and KPI data collection being interfaced through

existing applications that will help to reduce the month-end close cycle

Cred

entia

ls

System design principles:

• Detailed review/assessment of process affecting month close: revenue, expenses, fixed assets across circles and company to categorize issues and challenges delaying close process

• Identification of quick wins and long-term action items for issues listed • Implementation of action plans by process area • Facilitation of FSCP benchmarking in line with leading practices • Management buy-in of action plans

EY’s advantage:

• Reduction in financial closure timelines (WD13 to WD 7 days) • Establishment of common closure calendar across 22 OpCo and corporate teams • Facilitation of implementation of improvement opportunities by obtaining buy-in of key

stakeholders

Service offering:

• Closure review and implementation of financial statement

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