Financial Management Systems

•FINANCIAL PLANNING

•TOP-DOWN OR BOTTUM-UP VERSITALITY

•WHAT IF ANALYSIS

Who Uses Hyperion “Hyperion provides best-in-class performance management software to

over 12,000 customers worldwide, including 91 of the Fortune 100.” Letty Ledbetter

Oracle Public Relations

Multi-dimensional1. Account2. Period3. Years4. Reporting Geography5. Business Organization6. Scenario7. Version8. Entity9. Basis

What kind of decision or problem is being considered?

Financial ForecastingModelingDecision Making

Who are the decision makers?

ManagementUsed by lower level plannersReports generated for CFO and Board

What Options are They Considering?

Growth RateProfit MarginsExpensesEct.

What kinds of information are necessary to determine the benefits of the options under consideration?

Previous Months Forecast vs Actual dataPrevious Years Forecast for that month vs Actual DataPossibly multiple year forecast to locate a trend Information about crop yields Information about other competitors Information about the weather (they use the farmer’s

almanac & look at trends from previous years) Information about what part of the world the crop grows

best in and how it has grown in each specific location in the past

Information from Strategy about where the company is headed.

What kinds of models are necessary to examine that information?

Rolling ForecastsActual vs Forecast reports for prior months

and years (which are provided by using Hyperion Essbase Reporting)

Special models in excel that provide strategy information and crop yield information

Reports showing competitors reported numbers

What kinds of problems in data collection and/or analysis are likely?

Planner SandbaggingExcel modelsWhat-if Analysis

How would you address those needs in a DSS?

Hyperion TrainingElimination of Multiple Spreadsheets

Excel Financial Planning

Hyperion System 9

Question Anyone?