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The Global Leader in Performance Management
John R. Green
Maurice Claggett
Eric McNutt
DC HUG Meeting: June 5, 2006
HYPERION FINANCIAL
MANAGEMENT
AGENDAAGENDA
Hyperion Financial Management Introduction
Hyperion Financial Management vs. Hyperion Enterprise
Hyperion Financial Management Solution Spotlight
Hyperion Financial Management Customer Discussion Panel
Q & A
Post Enron WorldPost Enron World - - accountants are cool accountants are cool again!again!
© 2002 The New Yorker Collection from cartoonbank.com. All Rights Reserved.
“Consolidations applications are seeing a resurgence after what was considered a maturing of this market, driven primarily by compliance issues in the United States, driven by Sarbanes-Oxley, and worldwide, driven by the pending International Financial Reporting Standards..”
Kathleen Wilhide and Henry D. Morris Worldwide Financial and Business Performance Management Analytic Applications 2004-2008IDC, #31633 July 2004
Hyperion’s Market LeadershipHyperion’s Market Leadership
Domain experts: 20+ years of experience
Over 10,000 customers including:— 15 of 15 Federal Cabinet
Level Agencies— 91 of the Fortune 100 — 352 of the Global 500
U.S. based company with 2,600 employees in over 20 countries
Global Presence; offices in over 20 countries
Global Financial Management partnerships
#1 in Financial and Business Performance Management Applications
#1 Market Share Leader - 20.4% (vs. 6.6% 2nd ranked company)
#1 in Budgeting & Planning
#1 in OLAP
#1 Bus. Performance Mgmt. (2003, 2004)
LEADER in Corporate Performance Management (2003, 2004)
“LEADER” in Corporate Performance Management (2005)
“VISIONARY” in Corporate Performance Management (2003, 2004)
Financial Management Financial Management LeadershipLeadership
#1 in Financial Consolidation
#1 in Budgeting & Planning
#1 Market Share Leader
#1 in Financial Analytics
WEBWEBFinancial Financial
ManagementManagement
TodayToday
335+ Customers, 100 335+ Customers, 100 ReferencedReferenced
A Long History of Financial A Long History of Financial SolutionsSolutions
Global Functionality
Scala
bil
ity
WINDOWSWINDOWSHyperion Hyperion
EnterpriseEnterprise
19911991
3500+ Satisfied 3500+ Satisfied CustomersCustomers
Micro ControlMicro ControlDOSDOS
19811981
20+ Years Helping with 20+ Years Helping with ComplianceCompliance
Award Winning ApplicationAward Winning Application
Packaged financial intelligence
“Smart dimensionality”
Process control and audit trail
Web architected/advanced technology
Financial reporting tools and integration
Hyperion’s financial market leadership
3 consecutive years – Hyperion Financial Management Receives
Highest Rating
Highest Rating among 10 competitors
See www.checkspex.com
Monitor
Enabling the Federal Management Enabling the Federal Management CycleCycle
Model
PlanAnalyze
Report
Set
Goals
Define and Communicate Strategic Goals
— Strategic Planning— GPRA Performance Report/Plan— Agency/OMB Scorecards— PMA
Develop Models to Improve Operational Efficiency
— Constraints— Resources— Funding— Outputs/Outcomes— Activity Based Costing
Create Plans that Optimize Resource Utilization
— Performance Based Budgets
— Spending— Operational Plans— Resources
Monitor Execution and Manage for Results
— Key Performance Indicators— Performance Dashboards— Benchmarking and Metrics— Efficiency
Analyze all Aspects of Agency Operations
— Year over Year Variance— Comparability— Execution vs. Performance— Footnotes— Resource Allocation
Communicate and Report Results to all Stakeholders
— Consolidations— Inter/Intra Agency— Financial/FACTS I & II— OMB / Congress
1 System
1 Truth
Addressing Today’s Compliance Addressing Today’s Compliance NeedsNeeds
IAS 2005EU Countries to comply by 2005
Recognition and Measurement
Consolidation and reporting
Custom dimensions; financial intelligence
Segment reporting, specialized currency, I/C
IAS, GAAP, and Local Statutory
REQUIREMENT HYPERION FINANCIAL MANAGEMENT
Section 302 -CEO/CFO Must CertifySubmissions contain audit trail
Sarbanes-Oxley Act
Section 404 – Internal Control Report
Mandatory review/approval procedures
Section 401 – Conditions for Useof non-GAAP Financial Measures
Multiple organization hierarchies andchart of accounts
U.S. Auditing Standards RequireAutonomy from transaction systems
Accelerated Reporting Web solution, I/C reconciliation, Journals
Single version of book or records
Accuracy and timeliness of close/reporting
Sophisticated use of workflow
Awareness of adjustments
Tracking/visibility of audit trail
Digital signature/certification capabilities
Internal control visibility at consolidation/reporting level
Monitoring/visibility of close/reporting via dashboard
Additional FeaturesAdditional Features
Fast time to benefit and high return on investment!
Hyperion Financial ManagementHyperion Financial Management
Patented financial consolidation and reporting features
Complete financial controls: 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
Market-leading Financial Consolidation and Reporting Application
Maurice ClaggettSr. Solutions Architect
Advanced Technology Group
HFM vs. Enterprise
Hyperion Enterprise – Continued Commitment
Financial Management Overview
Summary – Comparing Financial Management to Hyperion Enterprise
Financial Management Migration Assistant
Hyperion Enterprise Continued Hyperion Enterprise Continued CommitmentCommitment
Ongoing product development focus is on customer-driven enhancements
— Core product enhancements— Hyperion Smart View support
Continued demand in world markets and selected new market segments
— Localized in 9 languages
Customer Advisory Board— 14 leading Hyperion Enterprise
customers
Committed to maintenance/support for years to come
Quick PollQuick Poll
In what area is your agency stretching the capabilities of Hyperion Enterprise?
Dimensionality – Multiple Apps
Size of Application (Accounts or Entities)
Multi-user Scalability
Web Functionality
Technology Foundation
Audit Trails and Sarbanes-Oxley
Shorter reporting cycles
Scorecarding
Ad Hoc, Drill and Pivot Reporting
Hyperion Enterprise – Continued Commitment
Financial Management Overview
Summary – Comparing Financial Management to Hyperion Enterprise
Financial Management Migration Assistant
Hyperion System 9 Hyperion System 9 Financial ManagementFinancial Management
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
Market-leading Financial Consolidation and Reporting Application
Financial Reporting – Object-Financial Reporting – Object-Oriented ReportingOriented Reporting
Online, interactive analysis• Intuitive, interactive online
analysis with rich analytics• Addresses a multitude of
users with varying levels of analytic intensity
• Ideal for management reporting, product profitability analysis, performance management and promotional effectiveness
Web Analysis/Hyperion Analyzer
Smart ViewSmart View™™ for Office for OfficeLinks Spreadsheets to Consolidation ProcessesLinks Spreadsheets to Consolidation Processes
Common MS Excel Add-in
Multi Source Read/Write
Integrated real-time pivot or formatted reporting
Access and run BPM processes
Deliver Web forms for data collection and reporting
Supports Smart Tags for integrating reports and views from Financial Reporting and Web Analysis
System 9 Planning System 9 Financial Management
System 9 BI+
System 9Financial Reporting
System 9Web Analysis
ENTERPRISE PLANNING
FINANCIAL MANAGEMENT AND CONTROL
TAILORED BPM APPLICATIONS
New InterCompany(Agency) Detail ModuleNew InterCompany(Agency) Detail ModuleReduces Complex Closing CyclesReduces Complex Closing Cycles
Bridges interCompany/Agency details between ERP and BPM
Captures and matches details at the invoice level
Collaboration capabilities for conflict resolution
Preventative Control – better than Detect control
Financial Data
Quality
Audit Trails Integrate SOX questionnaires Store current and historical
mapping definitions Store supporting documents
Data Collectionand Transformation
Read and interpret any G/L trial balance file
Mapping validation against target system dimensions
Data integrity checking against data validation rules
Internal Controls Source financial document archival
Prepackaged audit and internal control reports
Comprehensive role based security
RepeatableProcesses
Single standard and defined solution for any target application
Standardized database schema Standard upward data certification process
Financial Data Quality Management Financial Data Quality Management (UpStream) (UpStream)
EAI Import
Workflow / Audit
Financial Data QualityData Movement BPM SystemSources
Validate Export Check
RelationalConnector
Consolidations
Planning
Analytics
Scorecards
Financial Data Quality Easily Integrates With Financial Data Quality Easily Integrates With Financial Management SolutionsFinancial Management Solutions
Expanded Cell Text and Document Expanded Cell Text and Document Links Reduces Costs of ComplianceLinks Reduces Costs of Compliance
Explanatory cell text expanded from 256 to over 2000 characters
Can also attach MS Word documents for additional detail
Provides more detailed annotations for management or auditors
Process Management and Cell-level Doc attachments
Shortens audit process and reduces costs
Hyperion Enterprise – Continued Commitment
Financial Management Overview
Summary – Comparing Financial Management to Hyperion Enterprise
Financial Management Migration Assistant
Summary: Comparing Hyperion Summary: Comparing Hyperion Enterprise to Financial Enterprise to Financial ManagementManagement
Part of Integrated Business Performance Management Suite
Object-oriented reporting
Easy to customize Web UI
Process work flow
Client-Server architecture
Built to unify all financial data
Distributed deployment + some Web
Scalability to 1000s of users
Web-architected centralization
12 “Smart” dimensions
Hyperion EnterpriseHyperion Financial Management
4 fixed dimensions
Built for consolidation process
Standalone financial application
HTML programming required
N/A
N/A
24/7 support Offline maintenance and backup
Robust controls and audit trails; helps with SOX/OMB A123 compliance
Some controls and audit trails
Hyperion Enterprise – Continued Commitment
Financial Management Overview
Summary – Comparing Financial Management to Hyperion Enterprise
Financial Management Migration Assistant
Financial Management Financial Management Migration AssistantMigration Assistant
Reduces migration time.
Allows you to spend more time on the design of your Hyperion Financial Management application.
Handles the migration of entities, accounts, currencies, sub-accounts, sub-structures and other meta-data as well as data.
User options to aid the meta-data migration in order to facilitate an efficient migration.
SummarySummary
Hyperion Continues to Support and Enhance Enterprise, but are you outgrowing?
Financial Management Helps Reduce Reporting Cycles, Lowers Cost of Compliance and Unifies Financial and Non-Financial Information
600+ Customers are Reaping the Benefits – What’s Your Strategy?
Additional Info: Enterprise to HFM Case Study
Enterprise to HFM White Paper
Enterprise Support Matrix, HFM Support Matrix
Eric McNuttDelta Solutions &
Technologies
SOLUTION SPOTLIGHT
HFM Solution at a Federal HFM Solution at a Federal AgencyAgency
Enhance financial reporting process
Decrease cycle time for producing financial statements
Increase internal controls throughout the reporting process
Streamline the reconciliation process
Talking PointsTalking Points
Configuration of the 12 dimensions to accommodate Federal reporting requirements
Statement of Net Cost allocations
FACTS reporting
Journal Process/Internal Controls
Treasury Interface
SummarySummary
Robust, sustainable and flexible configuration that easily absorbs changes in Federal reporting requirements
Effective system design minimizes the need for additional business rules and calculations
Manual processes eliminated, replaced with automated processes that are easily audited
Drastically reduced reporting cycle, allowing staff to spend time analyzing data not gathering data
Joe McIntyreDepartment of Justice
&
Julie TaoDepartment of Commerce
PANEL DISCUSSION