Enterprise Performance Management - HFM

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Enterprise Performance ManagementHyperion Financial Management

Codec-dss EPM Overview• One of the oldest and biggest EPM partners

• Amassed 30 years of industry EPM-know-how

• Operating across 8 European offices with Dublin the HQ

• Developed 4 own brand products

• Specialists in setting EPM strategy and roadmaps for the business

• Kaplan and Norton trained implementation team

Oldest Oracle EPM Partner

1992 1990’s 2000’s 2012 2013 2014 2015

Established

and starts

to

implement

DSS (EPM)

Solutions

Implements

Essbase

from Arbor

Software

Hyperion

buy`s Arbor

Software

and Codec-

dss

implement

Hyperion

solutions

Oracle buy`s

Hyperion and

Codec-dss

implement

ORACLE

EPM

solutions

Winner of the

Silver Award

for Oracle

Hyperion

partner of the

year UK &

Ireland

Winner of the

Silver Award

for Oracle

Hyperion

partner of the

year UK &

Ireland

Winner of the

Silver Award

for Oracle

Hyperion

partner of the

year UK &

Ireland

Winner of the

Silver Award

for Oracle

Hyperion

partner of the

year UK &

Ireland

4

Amassed 30 Years of Industry Know-How

Oracle an 5

EPM from 8 offices / 4 Countries

• Ireland

• Scotland

• Wales

• England

• Poland

• Czech

• Romania

• Indonesia

• Germany

• Austria

• Switzerland

• Sweden

• USA

• Greece

• Australia

• Holland

• Philippines

• Spain

• Turkey

• Hungary

• Denmark

• Slovakia

• Dubai

• Russia

6

• Automate and link strategic and financial management processes

• Modular, integrated suite

• Integrates data from multiple transaction systems

• Over 7,000 customers

• Strategic alignment with Fusion

Hyperion EPM Applications

Oracle BI Foundation

Common Administration Services

Strategy

Management

Financial Close

and Reporting

Planning and

Forecasting

Profitability

Management

7

The Financial Consolidation ChallengeDeliver High Value and Reduced Cycle Times

Collect data CloseAdjustmentsCurrencyI/CSubsidiaries

ReportManagementLegalExternal

Analyze

6 Days 12 DaysAverage

Collect Close Adjustment Report Analyze and Forecast

<2 Days 6 Days

World Class

More time!


Financial Close and Reporting Today …a controlled process is not easy to achieve!

• Lengthy and cumbersome closes

• Inefficient and disconnected processes

• Difficulty with reporting and analysis

• Data quality issues

• Inability to keep pace with change

• No control over the process

• Too many spreadsheets

…AUDIT ISSUES

Accounting scandals havebrought financial reporting into focus as never before

Kenneth Lay


10

Percentage of Internal ControlIssues* by Major Category

3%

2%

7%

9%

11%

27%

1% 6%

34%

Internal Control Issues

by Major CategoryBy Sub Type #

Documentation Policies/documentation Issues 141

Entity-Level & Anti-Fraud

Controls

Anti-Fraud Controls 15

Compliance Monitoring 20

Control Environment 151

Financial Statement Close

Process & Disclosure

Application of GAAP/accounting policies 256

Financial statement close process & consolidation 120

Intercompany accounts/reconciliation 93

Review of significant or unusual transactions 212

IT Controls

Change controls 25

Date protection 23

Infrastructure 27

Security/user access 52

Merger Issues Merger/predecessor issues 27

Multilocation Considerations International operations & subsidiaries 59

Other Other 32

Personnel IssuesSegregation of duties 76

Staffing issues (levels, expertise, training) 157

Significant Account Level

Accounts payable 26

Accounts receivable 30

Accruals/restructuring costs 50

Contracts/loans/third-party transactions 75

Employees’ benefits/pensions 38

Inventory management 55

Property, equipment, leases 83

Revenue & billing 79

Tax issues 112

Total # Internal Control

Issues

2,034

* Source: The Ames Research Group (June 30, 2005); analysis by Ernst & Young Center for Business Knowledge

Documentation

Entity-level & Anti-Fraud Controls

Financial Statement Close Process & Disclosure

IT Controls

Merger Issues

Multilocation Considerations

Other

Personnel Issues

Significant Account Level


Enable a Streamlined Financial Close Cycle Your Auditors Will Approve, Year after Year

• Finance Owned and Operated – Finance owns both: the results and the system

• Packaged Application – Out-of-the-box financial intelligence – minimal ongoing consulting

• Open and Agnostic – Data from any source, but with full controls

• Designed for Sarbanes-Oxley and IFRS Compliance – 1000s of customers passing audits every year

Data

Cleansing

& TransferConsolidate/Tax

Internal

Reporting

& Analysis

External

Reporting

& Compliance


Oracle Performance Management Applications

Master DataBusiness RulesMetrics/KPIsTargets, Plans & Actuals

Strategic Planning

Cost and Profitability Management

Define Costing Methods

Perform Allocations

Report & Analyze Define Cost Drivers

Financial Close Process

Data Cleansing ConsolidateInternal Reporting & Analysis

External Reporting & Compliance

Cascade Targets

Allocate Resources

Forecasting Detailed Budgeting

Planning and Budgeting

Set Strategic Objectives

CorporateDevelopment

TreasuryStrategies

Long-TermPlanning


Oracle Financial Consolidation and Reporting Applications & Tools - Purpose Built for Each Step of the Process

Financial Close Process

Data Cleansing ConsolidateInternal Reporting& Analysis

External Reporting & Compliance

Hyperion Financial Data Quality Management

Hyperion Financial Management

Hyperion Web AnalysisSmart View

Hyperion Financial Reporting

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Market Leading Performance Management Applications

PERFORMANCE MANAGEMENT APPLICATIONS

StrategyManagement

BusinessPlanning

ProfitabilityManagement

FinancialReporting &Compliance

EPM Workspace

OLTP & ODSSystems

Data WarehouseData Mart

SAP, Oracle, Siebel,PeopleSoft, Custom

BusinessProcess

OLAP

Fusion Middleware

Business Intelligence Foundation

BI Applications

EPM Workspace

ExcelXML

14

Hyperion Financial ManagementFEATURES

• Simple to customize

• Easy to integrate

• Financial Data Quality

• Complete audit trails

• Flexible workflow

• Powerful reporting

• Finance owned & operated

BENEFITS

• Confidence in the numbers

• Reduce cycle time

• Automate collection &

validation

• Lower cost of compliance

• Speed and agilityFinancial Consolidation, Reporting & Analysis

#1


Hyperion Financial Management The Heart of Financial Reporting Compliance

HyperionFinancialManagement

HyperionFinancialData QualityManagement

XBRL/SECFinancial andMgmt. Reporting

ERP: Oracle, SAP, Legacy, Other

Fusion Middleware

TaxFiling

Oracle GRC Manager

Reconciliations

CFO Dashboard

TaxCalculations

Transactions

Oracle/Hyperion Partner

CFO

CIO

Reporting

Application Configuration Controls Application Access Controls


Hyperion Financial Management Functional ArchitectureBrowser/Windows/Smart ViewClient

MS Office Integration

Data Entry & Consolidation

Formatted Reports Dashboards

Currency Translation& Eliminations

JournalsRole-Based Security

Security

Logs

Meta Data Repository

Interoperability

Fail-Over and Load BalancingServer

Data

Inter-Company Processing

ProcessManagement

Line ItemManagement

Custom & Predefined Dimensionality

Audit Tracking

GAAP IFRSCompliance

Rules Engine

Data Import/Validation

Documents attachments Cell text


HFM Architecture Basic FDM process includes six steps:

1. Import source data

2. Validate source data against mapping tables

3. Export source data to a target system

4. Consolidate target system data

5. Validate target system Data

6. Review and Validate internal financial Control

Mapping/Source Data Validation

Target System Consolidation

Target System Data Validation

Reporting/ Drill Down/ Audit Trial

FDM

Source Data

Target System

OLE DB

ODBC

Flat Files

Excel

Essbase

HFM

Hyperion Enterprise

Any OLAP Application

SQL Server/ Oracle/ DB2

database

Import Export

18

Oracle Hyperion Financial Management - Accelerates Reporting Cycles and Reduces Costs of Compliance

• Patented financial consolidation and reporting features

• Complete audit trails, workflow and validations

• “Smart Dimensionality” • Flexible “what if” scenario management

features• Powerful, reporting and analysis tools• Full integration with ERP and other

transaction systems • Easy to customize and extend• Web-architected


Fundamental Capabilities

CAPABILITY DETAIL

Reporting Most flexible solution in the market, periodic

consolidation, segment reporting, fin. intelligence

Consolidation Multi GAAP capabilities, flexibility, variance analysis,

audit trail, intercompany, phased submissions

Compliance Workflow, documentation attachments, commentaries,

electronic questionnaires, disclosures

Data Integration Financial data quality management employed to

collect, map, validate & move data

MS Office Integration Bi-directional capabilities within MS Office suite for real-time,

accurate information


Addressing Global Compliance NeedsSARBANES-OXLEY REQUIREMENT FINANCIAL MANAGEMENT

Section 302 – CEO/CFO must certify Submissions contain audit trail

Section 404 – Internal control report Mandatory review/approval procedures

Section 401 – Conditions for use

of non-GAAP financial measures

Multiple organization hierarchies and

chart of accounts

U.S. auditing standards Autonomy from transaction systems

Accelerated reporting Web solution, I/C reconciliation, journals

IAS/IFRS REQUIREMENT FINANCIAL MANAGEMENT

Global Standard, Convergence IFRS, Multi-GAAP, and local statutory

Recognition and measurement Custom dimensions; financial

intelligence, journals with audit trail

Consolidation and reporting Segment reporting, specialized currency,

inter-company, disclosures


Oracle’s Hyperion Financial Management Benefits• Confidence in the numbers – One integrated solution (FDM+ HFM)

for all data improving processing time and accuracy with complete audit trails and validation processes.

• Decrease cost of compliance – Financial Management with a flexible workflow, process control, intercompany balance and transaction eliminations, commentaries and electronic questionnaires help organizations to focus on value added tasks.

• Speed and agility – Improve the close cycle by days with Finance owned workspace, a centralized DB and EPM Architect to implement and maintain the application with confidence and rapidity


Common Integration – Oracle Data IntegratorHyperion Planning, Financial Management and Essbase

Oracle Hyperion Planning Oracle Hyperion Financial

Mgt

Oracle Hyperion Essbase

Oracle

EBS

People

Soft

SAP/R

3Other

Sources

Data

WarehouseCDC

M

es

sa

g

e

Q

u

e

u

es

Oracle Data Integrator

API Layer

Data ServicesAuthentication

ServicesLogging Services

API Layer

Bulk and Real-Time Data Processing

Metadata

Repository

ODI Knowledge Modules for Hyperion

Bulk

Transform.

Changed

Data

Capture

Data

IntegrityData Quality

ODI Connectivity Framework

Information Assets

Hyperion

Planning

Hyperion

Financial

Mgt

Hyperion

Essbase

Metadata Discovery

and Model Creation

Extract Data

Extracts Dimension

Members

Loads Data

Loads Dimension

Members

Other Features Cube Refresh Consolidate Calculate

Oracle Hyperion Application Adapters


Financial Data Quality ManagementThe Only One of it’s Kind!

SOURCE

SYSTEMS

Data Clensing and Transformation

Task scheduling

Text and document archive

Audit review

Data staging

Prepackaged integration

Data loading including supplemental data, line item detail

Dimensional mapping verification

Process management

• Excel

• G/L

• ERP

• Flat files

• ETL

• Oracle EBS

Hyperion Financial Management

Hyperion Planning

Hyperion Essbase

Hyperion Enterprise

Data Marts

DATA PREPARATIONSERVER

EPM SYSTEMS

GUIDED WORKFLOW USER INTERFACE

BPM Adapters


Accreditations

25

Financial Services

Utilities

BeveragesGovernment/SemiManufacturing

Telecommunications

Retail Miscellaneous

References

26

HFM Industrial: MetsoSustainability Reporting Benefits

Before After

Cost Savings 1,300 e-mails Centralized HFM/SR Solution

Time Savings 18-month process Synchronised with Financial closing

Flexibility Collection of data In-depth reporting, value-added analysis

Integration None Integrated with the Financial platform

• After the first presentation it took three weeks to close

• Next steps: Interactive Dashboards on top of Hyperion Financial Management

27

HFM Utilities: Ervia

28

HFM Property: Regus

Challenge:

Codec-DSS worked with Regus in September 2012 around the Implementation

of a tactical solution to replace the existing financial management system.

Solution:

Codec-DSS went on to propose and implement a re-architected solution for financial reporting. We also ensured that the new architecture had inbuilt redundancy and that performance to the end users was significantly enhanced.

Benefits:

Improved reliability of the HFM system. Reduced downtime. Consistent close window and delivery of reports to the business Improved confidence in the HFM application throughout the group Faster response times.

29

HFM Banking: RBSChallenge:

RBS replaced excel based reporting packs with Oracle HFM consolidation tool

Providing a single portal for consolidation, reporting and analysis

Along with a streamlined month end consolidation process.

Solution:

HFM, EAL –11.1.1.4- latest release with security additions/

partial snapshots, Essbase, FDM , HFR and SmartView.

Benefits:

• High data volumes, structures and users passing near real-time queries

• No requirement for IT involvement in month end reporting cycle-

near real time reporting from HFM through Essbase

• No data is stored in Essbase -data is stored in EAL data store

• Integrate historic and live data sources seamlessly (partitions)

• Re-map HFM metadata to create ad hoc reporting cubes

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