11338 – EPM Strategy and Roadmap
Al Marciante
Sr Director, Product Management
Oracle EPM Cloud
March, 2019
Collaborate 2019 User Conference
San Antonio, TX
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Safe Harbor Statement
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
2
Topics• EPM Cloud Overview & Roadmap
• Details by Area
• EPM On-premises Update
• Q&A
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
4Copyright © 2019, Oracle and/or its affiliates. All rights reserved.
“It is hard to make intelligent decisions when you only have partial facts.”
Sherlock Holmes
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Source: Oracle, 2017
THE NEED TO CREATE TOMORROW’S FINANCE FUNCTION IS
The Pace of ChangeC
han
ge
Ability to Respond
Processes People & Culture
I.T.Infrastructure
DataCONSTRAINTS
Time
Secu
rity
Tale
nt
Co
mp
etit
ion
Cu
sto
mer
exp
ecta
tio
ns
Inn
ova
tio
n
Tech
no
logy
Co
nve
rgen
ce
Co
mp
lian
ce
ACCELERATING
Sust
ain
abili
ty
Bra
nd
Re
pu
tati
on
Operating Model
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 5
7Copyright © 2019, Oracle and/or its affiliates. All rights reserved.
Oracle EPM Cloud:Part of Oracle’s Next Generation Business Applications
ONE SCALABLE CLOUD PLATFORM
Supply Chain
Finance Data
Workforce
Customers
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
2018 EPM (CPM) Gartner Magic Quadrants
8
Magic Quadrant for Cloud Financial Close Solutions, 26 July 2018, Analysts: John Van Decker, Christopher Iervolino
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Oracle. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Magic Quadrant for Cloud Financial Close Solutions, 26 July 2018, Analysts: John Van Decker, Christopher Iervolino
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Oracle. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 9
Oracle EPM Cloud: Industry-Leading EPM SuiteLeader in IDC MarketScape: Worldwide Enterprise Performance Management Analytical Applications
IDC – June 2018
Leader in Magic Quadrant for Cloud Financial Close Solutions
Leader in Magic Quadrant for Cloud Financial Planning and Analysis Solutions
Gartner – July 2018
Gartner – July 2018
“Oracle’s customers were pleased with the performance of the product at a global level… End users could seamlessly move from the on-premises Hyperion product to Oracle EPM Cloud…”
IDC MarketScape: Worldwide Enterprise Performance Management Analytic Applications 2018 Vendor Assessment – June 2018
Leader in The Forrester Wave™: Enterprise PerformanceManagement, Q4 2016
Forrester – October 2016
Oracle is a Leader in this (Cloud Financial
Planning & Analysis Solutions) market, due to its market traction with PBCS and EPBCS, its geographic sales and product strategy, and its business model.
Gartner – Magic Quadrant for Cloud Financial Planning and Analysis Solutions – July 2018
Oracle remains a Leader in this (Cloud Financial Close Solutions) market, due to its market traction with FCCS; its geographic, sales and product strategy; and its business model.
Gartner – Magic Quadrant for Cloud Financial Close Solutions – July 2018
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Oracle EPM Cloud: Comprehensive. Proven.
Global
SOCIALMOBILE
COMMON USER EXPERIENCE
DATA, METADATA & APPLICATION MODELS
COMMON INFRASTRUCTURE
INTELLIGENCE & AUTOMATION
STANDARDIZED PUBLIC INTERFACES
EPM CLOUD PLATFORM
LINES OF BUSINESS
COLLABORATION MARKETPLACE
INTEGRATIONS
SELF SERVICEVISUALIZATION
SalesITHROperations
ENTERPRISE DATA MANAGEMENT
MANAGEMENT & REGULATORY REPORTING
ORACLE EPM CLOUD
10
FinanceMarketing
Shared Services Costing
Long Range Planning
Driver Based Planning
Forecasting &Planning
Zero Based Budgeting
Account Reconciliation
Fin. Consolidation & Close
Tax Provision & Reporting
Transfer Pricing
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 11
COMPLETELY AGILE
COMPLETE CONNECTED INTELLIGENT BEST IN CLASS
Outperform with the industry’s most
comprehensive EPM cloud
Align across ERP and operational processes for
greater agility
Elevate business outcomes with embedded intelligence &
advanced analytics
Trust your business to the proven industry leader
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Connect allPlanning
Close with Confidence
Reinvent Analytics & Reporting
Outperform with Intelligence
Operations
MarketingSales
FinanceHR IT
Align Enterprise Data
Oracle EPM Cloud
Completely Agile
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 13
EPM Cloud Customer Momentum *
Subscriptions
Countries
3800+Customers
6400+
20+Industries
90+* Thru Q3FY19
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
EPM Cloud Platform
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ Platform Innovation• Predictive Analytics On Web• OACS-EPM Integration • Chart Based Predictions• Sandboxing By Plan Type• Attributes Based Reporting
➢ User Experience• Infolet Dashboards• Simplified Dimension Management• Build Apps Using Excel• Integrated EPM Business Processes
➢ Platform Innovation• Hybrid In-memory Calc Cubes• Quick Data Query & Analysis• Smart View Adhoc
• Multi Grid, In-sheet POV, Other
• Automated Predictions• Operational Modeling• Robust Reporting• Member Level Data Maps• Office 365 Support • Drill through from Smart View
➢ User Experience• Form And Dashboard Redesign• EPM Task Manager• Fast Snappy Web Grids• Drag and Drop Web Adhoc With Fast Grids• Workbench With Multi Tab• Rules In Simplified UI• Artifact Library• Dashboards In Task Lists And Smart View• Full UI Simplification
➢ Platform Innovation• EPM Supplemental Data Management• Real-time Collaboration On Form Grids• EPM Application Bots• Quick Search & Tag Of Artifacts• Smart Excel Calc Grids On The Web• Phased Approvals Submission• Cross Pod Data Maps
Oracle EPM Cloud Platform
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
17
EPM Cloud Reporting Framework• Management Reporting Integrated Into EPM Cloud
Platform
• Artifacts, Security and POV Managed By EPM Cloud Platform
• Financial Reporting Continues To Be Available
– No New Enhancements In Financial Reports
• Easy-to-use Drag And Drop Interface For Designing And Editing Reports
• Design And Preview Results Of Individual Grid Or Chart
• Utilize Formulas And Text Functions
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Automated Prediction• Seed forecast with prediction before
forecast cycle
• Exception based planning
– Seed prediction scenario to generate forecast variance on the fly
– Forecast for LOBs where variance from prediction is above threshold
• Feed current forecast revisions to generate revised prediction for next forecast cycle.
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
19
EPM User Interface Update• Springboard Page
• New Card/Cluster Navigation
• Adoption Of New Icons
• Slide Through Navigation
• New Welcome Panel
• Responsive Design
• Announcement And Notification Area
• Favorites And Recent
• Global Search
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Redesigned Web Grids• Superfast, scalable and Excel like
interaction
• New design with significant usability updates
– On the grid supporting detail
– Action menus, sort, filter, comments, formatting etc
– New tool bars and side panels
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Web Based Ad-hoc• Smart View type ad-hoc functionality
on Web
• On the fly member addition
• Web Query Designer
– Define queries based on slice and dice of data
– Include formats and styles based on data layout
– Include conditional formatting
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
EPM Task Manager• Common Task Manager For EPM Cloud
– Planning & Close domains
• Unified Task
– Scheduler
– Dependency
– Repetition
– Notification
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Search Based Quick Analysis• Seek out information from any area of the application
– Use dimension queries or data queries (phase 2)
• Render as grid or as chart – any chart type
• Perform ad-hoc analysis based on search
Feature Coverage
– Close Domain• Ext. Dimensionality Avail.
• Process Control FY19
• Proportional Elimination CY19
• Equity Pickup FY19
• Input Currency FY19
– Enterprise Data Mgmt.• Collaborative Workflow & Approval
Policies Avail.
• Enhanced Subscriptions FY19
• Derived Properties CY19
• Property Search & Filter CY19
• Application Adapters
– FCCS CY19
– PCMCS CY19
– OAC CY19
Functional Innovation
– Close Domain
• Journal Mgmt. Avail.
• On Demand Rules 19.04
• Investment Register CY19
– Planning Domain
• Operational Planning CY19
• Simulation & Auto Predict CY19
• Retail (13 period)FY19
• ZBB Content CY19
• Territory Planning CY19
Technology innovation– Intelligent Performance
Management: phased
– Intelligent Process Automation:phased
– Chatbot, Voice: phased
– Smart View for Office 365: FY19
– R13 UX update: CY19
EPM SaaS High Level Roadmap
** FY19 ends May, 2019
Oracle Applications: Current Release and RoadmapOracle Enterprise Performance Management (EPM) Cloud
Enterprise Planning• Infolet Dashboards, Groovy-based business rules• Integrated strategic modeling, sandboxing, predictive• New Frameworks: ITFM, Utilization (Projects, WFP)
Enterprise Performance Reporting• Narrative, Regulatory and Management Reporting• Mixed-content packages, distribution framework
Financial Consolidation & Close• Custom Dimensions, Ownership, Proportional
Consolidations, Equity Elims, Configurable Calculations• IPA, Automated Consolidations, HFM Migration Toolkit
Account Reconciliation• Streamlined navigation, archive management• Transaction Matching: Multi Source
Profitability & Cost Management• Express Rule Creation and Edit, Calc Automations,
Enhanced EPM Cloud integrationsTax Reporting
• Tax Provision(IFRS & US GAAP), Country by Country, Uncertain Tax Positions; Data, Workflow & Task Mgmt
Enterprise Data Management• Automated App Creation, Validations, Notifications,
Request Visualization, Impact Analysis, Drag-n-drop Sync
EPM Cloud Infrastructure• Integrated EPM Business Processes, Oracle IDCS
Enterprise Planning• ZBB Enhancements, Intelligent Performance Management• Simulation with Strategic Modeling, Search driven analysis• Frameworks: Sales & Marketing, Configurable targets
Enterprise Performance Reporting• Report Notes, Direct Smart View refresh for Cloud Sources
Financial Consolidation & Close• Process Control, On Demand rules• Chatbot, Parent Currency Journals, Close Mgr Updates
Profitability & Cost Management• New Allocation Modeling Cluster, Rule Editor, and POV • Auto Compressions
Account Reconciliation• Enhanced Recon Management, Drill Thru • Parallel Workflow, Journal Tracking
Tax Reporting• Updated Tax Rules support, Enhanced Tax automations• Deferred Tax, Loss exclusion and automations
Enterprise Data Management• Policy-based Mastering & Approvals, Custom & Derived
Properties, Auditing, request monitoring, DQ Dashboards
EPM Cloud Infrastructure• EPM Cloud on Oracle Cloud at Customer• Customer Managed Encryption Keys/Break Glass• Smart View for Office 365 Web/Mac
Enterprise Planning• Intercompany, Optimization, Mass Actions• Supplemental Data Management, IPM Updates
Enterprise Performance Reporting• Automated Narrative, Platform integration• Collaboration: web-based capture, task notes, social
Financial Consolidation & Close• New Journal Entry Module, Investment Register• Equity Pickup, Predictive Actions, Event-based Alerts
Account Reconciliation• Alerting & Case Management• Trans Matching: Enhanced views & Dashboards
Profitability & Cost Management• Data Entry Forms, Sync reporting DB, Workflow via CM
Tax Reporting• Configurable reconciliation and jurisdictional netting• Tax planning, simulations and adaptive classification
Enterprise Data Management• Encrypted/Masked Properties, Data Profiling &
Augmentation, Transformation Suggestions• Intersection Matching and Cross-Dim Properties
EPM Cloud Infrastructure• Essbase encryption at Rest
CurrentUpdate 19.03
Next Future
03/01/2019Restricted to event use by development executives only. Copyright © 2019 Oracle and/or its affiliates. All rights reserved
The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
Connect allPlanning
Close with Confidence
Reinvent Analytics & Reporting
Outperform with Intelligence
Operations
MarketingSales
FinanceHR IT
CONNECTED PLANNING
DYNAMIC PLANNING
OPERATIONAL LOB PLANNING
ZERO BASED BUDGETING
STRATEGIC MODELING & LONG RANGE PLANNING
DRIVER BASED PLANNING
MANAGEMENT ALLOCATIONS
Align Enterprise Data
ADAPTIVE INTELLIGENT PLANNING
ORACLE EPM CLOUD: Completely Agile
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Copyright © 2017, Oracle and/or its affiliates. All rights reserved. |Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | 27
EPM Cloud Today: Planning & Profitability
• Narrative Reporting for Planning and Profitability use cases
• Budget Books• Sales Performance Reports,
Marketing Briefs, Operations Review Reports
• Customer & Product Profitability Briefs
• Deploy configurable planning best practices for all lines of business– Finance– HR, Sales, Marketing, IT, Operations
• Pre-built modules and frameworks for rapid deployment– Financials, Project, Capital & Workforce– Strategic Workforce Planning, IT
Financial Management, Sales Forecasting
• Proven scalability to support enterprise-wide planning processes
Enterprise Planning and Budgeting
Profitability and Cost Management
Enterprise Performance Reporting
• Transform financial data to allocate costs and deliver profitability insights
• Business users own allocation models
• Supports Management ledger, Shared services costing, and Transfer pricing use cases
28
• Top-down, driver-based• Modeling for risks, M&A,
and strategic initiatives• Combine multiple scenarios• Define targets for budget &
forecast
• Bottom-up, driver-based• Connected trial balance• Connected ZBB, Workforce,
Capital, etc.• Management Allocations
• Bottom-up, driver-based• Rolling forecasts & predictive planning• Forecast connected to LRP for iterating through new plan assumptions
ORACLEINTELLIGENTCONNECTED PLANNING
LONG-RANGE PLAN BUDGET
FORECAST
FP&A
LOBs BUs
LRP BUDGET
FORECAST
INTELLIGENT
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 29
• Purpose-built for operational stakeholders (CIO, CHRO, CRO, CMO)
• Connected to operational systems (Oracle & 3rd
party)
• Connected to Finance (Planning, PCM, Narrative, etc)
• Ongoing Innovation & Roadmaps for Each
• The Promise of Machine Learning…
LOB Planning & Prescribed Applications Finance is More Effective When Connected with the Operations
Strategic Modeling – CY 2019 TasksModel Change Management
• Apply changes in one model to many other models
Web Parity with Smart View
• Custom Dimension
• Funding Options
• Debt Scheduler
• Time Period Settings
Financials Framework Integration
• Out of the box Templates and Data Maps
Monte Carlo Simulation on models
• Probability of different outcomes within a model
Models on the Fly from Planning Dimensions
• Create Models from Entity or any custom dimension in Planning
Data loads integration
• Excel Flat file load and automation
• Data and metadata
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Operational Planning• Free Form Dimensional Models
• No required dimensions
• Fast performance with large scale
• Import Essbase outlines
• Hybrid, ASO or BSO cube apps
• Large Dimension Models
• Multi cube architecture
• Large # of dimensions
• Large # of members to support Operational Models
– Open dimension scenario modeling using SM construct
– Not COA and financial statement centric
Ops Model2
Ops Model1
Ops Model4
Ops Model3
Operational Planning
Ops Model5
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ Enterprise Planning• Strategic Modeling• Bring your own Chart of Accounts• Groovy configuration language• HCM Integration• Infolet Dashboards• Build Apps Using Excel• Strategic Modeling: Data maps
➢ Enterprise Planning• Retail Enhancement (P13)• WFP enhanced configurable dims • Pre-built reports for WFP & FS• Intercompany • IFRS 16 Lease Assets• Hybrid BSO• Operational Modeling• PPM Integration• Strategic Modeling Monte Carlo
Simulation• IPM Insights (IPM Assistant) • EPM Task Manager for Planning
➢ Enterprise Planning Frameworks• WFP Mass Actions• Addtl prebuilt reports• EPM Supplemental Data Management• Real-time Collaboration Indicators• ZBB Packages • Additional IPM Skills (AI/ML)
Oracle EPM Cloud: Planning
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. 33
Data Impacting Planning
Adaptive Intelligent Planning
FUTURE-READY
Sales Budget
Expense Budget
CapitalBudget
Cash Budget
Foreign Currency
Interest Rates
Housing Starts
Commodity & Energy PricesCPI & PPI
Rainfall
SEC Filings
ERP
Better Planning, Fewer Mouse-clicksIntelligent Performance Management (IPM)
Reveal hidden correlations & realize faster time-to-action:
1. Signal Detection
2. Root Cause Analysis
3. Insight Discovery
4. Action Recommendation
Leverages Machine Learning (ML) to make planning more accurate and free up more time for finance to engage with the operations
Demo Content Available Here
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Typical Approaches to Allocations
35
Spreadsheets
• Very manual; Error-prone
• Slow! Time consuming
• Lacks controls/governance
ERP Custom Built
• “Black-box”; transparency?
• Unable to extend G/L data (e.g. IT operational data?)
• “Black-box”; transparency?
• Difficult to change logic
• Grows unwieldy overtime
36
• Purpose-built for Allocations• Transparency (no ‘black box’)
• Point & Click Rule-building
• Best Practices built-in
• Faster & more reliable than custom approaches
• Streamlines multiple business processes
• Owned by the Business
ALLOCATIONSProfitability & Cost Management
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
37
Profitability and Cost Management Use Cases
3. Risk Mitigation
4. Deal Modeling5. ROWC Analysis
7. Flexible
Reporting
6. Integration
Planning TAX TRANSFER PRICING
2. Customer
Terms
Architects and IT Ops
IT FINANCIAL MANAGEMENT
OPERATIONALCOSTING
PROFITABILITY ANALYTICS
PERFORMANCELEDGER
SHARED SERVICECOSTING
PCMCSRules
Engine
IT Service CostingChargeback / ShowbackCost to Serve Analytics
Legal Entity AllocationsManagement Charges / MarkupsEffective Tax Rate Impact
Product / Customer / Channel ProfitabilityCost Analysis & DecompositionProfit Curves and Performance Analysis
Service and Function CostingOperational Efficiency
Location Benchmarking
Cascading / Reciprocal AllocationCross Charge Computation
Cost to Serve Analytics
Extend Fin Data with SegmentsOffload Management Reporting
Scenario Analysis
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ Performance Ledger• Express Rules Editor• Rule Selection / Filtering Enh• Multi Member Replace
➢ Process Management• Cloud to Cloud File Transfer• File Upload / Download Auto Compress
➢ Performance Ledger• New Allocation Modeling Cluster• New Rule Editor• New Multi POV Calculation Control
➢ Performance Ledger• Data Entry Forms• Rule Analysis Enhancements
➢ Embedded Analytics• Additional Reporting Database• Reporting Forms (EPM-style)• Dashboards & Infolets (EPM-style)
➢ Process Management• Workflow (Close Manager)
Oracle EPM Cloud: Profitability & Cost Management
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Operations
MarketingSales
FinanceHR IT
COMPREHENSIVE FINANCIAL CLOSE
Financial Consolidation
Reconciliations and Compliance
Tax Provision and Reporting
Close Process Orchestration
Transfer Pricing
Intelligent Process Automation
Narrative Reporting and Disclosures
Connect allPlanning
Close with Confidence
Reinvent Analytics & Reporting
Outperform with Intelligence
Align Enterprise Data
ORACLE EPM CLOUD: Completely Agile
Copyright © 2017, Oracle and/or its affiliates. All rights reserved. |Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | 40
EPM Cloud Today: Financial Close Domain
• Global reconciliation process fully integrated into financial close
• Instant visibility into progress of reconciliation lifecycle
• Transaction Matching module for automated high-volume reconciliations
• Comprehensive built-in functionality to address management and legal entity consolidation needs
• Configurable, with limited need for customization
• Extended close process management with built-in task orchestration
Financial Consolidation & Close
Account Reconciliation
• Narrative Reporting for Management, Tax and Statutory reporting use cases
– Annual reports
– Statutory disclosures
– Country by Country Tax reporting
• Comprehensive Tax Reporting solution: Tax Provision, Country by Country (CbCR), Uncertain Tax Positions, Workflow & Task Management
• Integration with Cloud and on-premises ERP, financial consolidation and reporting solutions
Tax Reporting Enterprise Performance Reporting
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 41
Financial Consolidation and CloseEvolution from OP to Cloud
1980s 1990s 2000s 2010s.
FINANCIAL CONSOLIDATION(HFM)
FINANCIAL REPORTING
EXCEL ADD-IN SMARTVIEW
FINANCIAL CLOSEMANAGER (FCM)
SUPPLEMENTAL DATAMANAGER (SDM)
FINANCIAL DATA QUALITY MANAGEMENT (FDM)
ANALYTICS LINK (EAL)
19831st Financial Consolidation app called Micro Control
19861st Financial Consolidation & Reporting patented methodology
2006-2007Acquisitions of Upstream and HyperRoll
1995Hyperion Enterprise is released
2000Hyperion Financial Management is released
2016• Flexible application
configuration with pre-built forms and reports
• Built-in financial intelligence and dashboards
2017First EPM Unified Business ProcessesTransaction MatchingTax ReportingFCCS:• Currency Translation
Adjustment• Movement enhancement for
Balance Sheet Accounts• Configurable Calculations &
Translations• Advanced Consolidations• Ownership Management
2018Intelligent Process AutomationFCCS:• Journals – Auto reversing,
Attachments• Configurable Consolidation
Rules• Extended Dimensionality
2019Process ManagementOn Demand Rules
30+ years of experience
2015• First release of a narrative
reporting tool
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Consolidate and Report with Confidence and Build for the Future
• Focused on Best Practices from 30+ years experience
• Extended close from sub-ledger to final reporting
• Integration with ERP, EPM, and 3rd party sources
• Dramatically reduced maintenance cost
• Start leveraging Automation (IPA), AI and Machine Learning
42
Best Practice Consolidations
Supplemental data
Workflow
DashboardData Management
Confidential – Oracle Internal/Restricted/Highly Restricted
Consolidation Capability EPM Cloud – Consolidation HFM
Opening Balance Carry Fwd Out of box Customized via VBScript Rules
Opening Balance Ownership Changes Out of box Customized via VBScript Rules
Balance The Balance Sheet Out of box – Configuration via UI Customized via VBScript Rules
Configurable Calculations Customized via CalcMgr Rules Customized via VBScript Rules
Default Translations Out of box Out of box
Translation Overrides Configuration via UI Customized via VBScript Rules
FX Calculations Out of box Customized via VBScript Rules
CTA/CICTA Calculations Out of box – Configuration via Enable Feature Customized via VBScript Rules
Proportionalization Out of box Out of box
Eliminations Out of box Out of box
Configurable Consolidation Configuration via UI Customized via VBScript Rules
• Investment in Subs• Minority Interest• Owners Equity
Out of box – Seeded Rules Customized via VBScript Rules
KPI Ratios Out of box – Configuration via Enable Feature Customized via VBScript Rules
Indirect Cashflow Out of box – Seeded Members No seeded members
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ Adv. Consolidations• Manage Ownership• Proportional Consolidations• Equity Eliminations/Min Interest• Org by Period• Configurable rules
➢ Configurable translations and calculations➢ HFM Migration Toolkit➢ Performance improvements➢ Intelligent Process Automation➢ Enh Intercompany Matching options➢ Automated Consolidations➢ Extend custom dimensions➢ Consolidation trail report➢ Currency display in all reports➢ Process Control➢ On Demand Rules
➢ Adv. Consolidation• Equity Pickup support
➢ Equity Pickup➢ Account Type Flexibility➢ Parent/Contribution Input➢ New Rate Accounts➢ Opening Balance from Another Scenario➢ Input Currency➢ Simplified COA➢ Improvement Filtering in copy/clear➢ Partner Elim (P-Elim) support➢ Task Manager
• Integrated within PBCS & EPBCS• Due date reminders• Reassignment approvals
➢ Supplemental Data Manager• Large Data Set optimizations• Redeploy forms on the fly
➢ Journal Entries• Integration with any ERP• Single click create• Drill from report
➢ Predictive Actions (powered by Machine Learning)
➢ Adv. Consolidation• Investment Register
➢ No input rule capabilities➢ Archiving of data➢ YTD Journals➢ Data Management
• Updated user experience• Task Manager
• Enhanced notification management• AI for scheduling tasks
➢ Supplemental Data Manager• Integrated within Planning Cloud
Oracle EPM Cloud: Financial Consolidation and Close
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 46
Exploit Automated Account Reconciliations• Fully integrates the Account
Reconciliation process into the financial close
• Workflow support for the account reconciliation process including monitoring, reporting and analysis
• Automation of the transaction matching process
• Flexible Matching Rules with Configurable Tolerances
• Proactive matching resolves issues prior to financial close
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢Integrated EPM Business Processes Destination
➢Enhanced Matching & Period-End Integration
➢Parallel Approval Workflow➢Recon Management
• User Self Service• Request any recon
➢Transaction Matching• Journals Tracking/Posting• Team Assignments• Native SWIFT MT940 adapter• Import/Export Match Type
➢Integrated EPM Business Processes Source
➢Chat Bot Interface➢Journal Entry Management➢Exception Management➢Report Automation➢Bulk Team Management➢Transaction Matching
• Match filtering & grouping• DM field count and size• Saved adjustment settings
➢Machine Learning & Artificial Intelligence Updates
➢Profile Management➢Data Management UI
Updates➢Enhanced Role Config➢Transaction Matching
• Enhanced Interactive Dashboards & Reporting
• Detail vs. Summary Views• Additional Grouping & Bucketing
Options
Oracle EPM Cloud: Account Reconciliation
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
Operations
MarketingSales
FinanceHR IT
ANALYTICS & REPORTING
HIGH FIDELITY REPORTING
INTERACTIVE DASHBOARDS
REPORT BOOKS & MANAGEMENT PACKAGES
COLLABORATIVE NARRATIVE MANAGEMENT
REGULATORY & XBRL FILINGS
REPORT BURSTING AND DISTRIBUTION
Connect allPlanning
Close with Confidence
Reinvent Analytics & Reporting
Outperform with Intelligence
Align Enterprise Data
ORACLE EPM CLOUD: Completely Agile
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 51
Enterprise Performance Reportingwith EPM Cloud
• Complete & integrated reporting platform
• Narrative-based management and external reporting in one solution
• Unified EPM Cloud Reporting Hub
• Supports full reporting lifecycle: Reporting, Analysis, Authoring, Collaboration, Commentary & Delivery
• Regulatory Reporting framework
• Seamlessly leverage existing documents, data sources and reporting content
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ System• REST API for artifacts• Shared Library• Integration with ERP Cloud FRC
➢ Report Package (General)• PDF Report Package• Secure Report Distribution• Create/Edit Report structure via Smart
View➢ Management Reporting
• ERP Cloud Support• Zoom on Parent (Expansions)• Drill to Content (Related Content)• Linked Reports
➢ Disclosure Management (XBRL & iXBRL)• iXBRL Support• 20F/40F Support• AI Auto Tag
➢ Smart View• Office 365 Web web/Mac• MR import to Excel
➢ System• Performance and Automation
➢ Report Package• Expanded Shared Content• PDF Excel Doclet Commenting• Smart View Refresh• Layered Styles and Style Lock
➢ Management Reporting• Platform Integration• Notes• Report Books • Report Batches
➢ Disclosure Management• Auto Tag Phase 2
➢ Report Package• Embedded content as images• Cascading• Page Break• Enhanced Publishing• Notification Enhancements
➢ Management Reporting• Relational Reporting for EPM SaaS• Collaboration• Report and chart enhancements
➢ Disclosure Management• Report Package Integration
Oracle EPM Cloud: Enterprise Performance Reporting
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ Common • User Experience Enhancements• High Resolution UI support• Chrome and Fire Fox support (Extensions)• Edge support• Health check and One click fixes• Multi-Dimension cascading• Multi-Grid cascading
➢ EPM Cloud Platform• Function Parity(HsDescription, HsAlias)• Valid combinations Support • Create application from Excel enhancements• Centralized Options• Job Console enhancements• Application management
➢ EPRCS• Simplified Report package creation and management• Disclosure Management(XBRL) Extension
➢ Essbase• Calc Tuple and Async calc• MDX based cacl• Account signage (& Cloud ERP)• Submit, Job Console, Audit, Trace, Solve Order• #Revert to put base value for SB• Multi Cell Drill Thru for OAC
➢ OBIEE Enhancements• Performance improvements• Ribbon to set properties
➢ VBAs• Journals support• HypConnect to accept URL|App|DB
➢ Office 365/Mac/Browser• Smart View REST API for EPM Cloud• Support of Cloud EPM, ERP and Essbase Providers
➢ Common• Performance improvements using OpenXML• Provide feedback for cloud sources• IDCS support for EPM Cloud
➢ EPM Cloud Platform• Multi-grid support• In Sheet POV• Enhanced Member Selection• VPAT OAG 3.0 for Disclosure Management
➢ EPRCS• Refresh Smart View documents from web• Simplified Embedded report creation• Cascading, Notes Collection & Embedding
➢ Essbase• Dimension properties• Improved sandbox and scenario handling• Improved search• Layout Manager• MDX Based formatting
➢ Office 365/Mac/Browser• Support additional On-Premises providers (ie. HFM)• PCMCS support• REST API support (VBA equivalent)
➢ EPRCS
• MR integration with Smart View➢ Core
• oAuth 2.0-based authentication• Office single sign on with IDCS• Improved search (Essbase)• MDX based styles (Essbase)• Client side calculation (PBCS)• Simplified Installer
➢ Structures support (Integrated EPM Bus Processes)➢ Smart Query UX Enhancements➢ Google Docs support
Oracle Smart View
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
Operations
MarketingSales
FinanceHR IT
ENTERPRISE DATA MANAGEMENT
HIERARCHY MANAGEMENT
ENTERPRISE DATA GOVERNANCE
APPLICATION INTEGRATION ADAPTERS
APPLICATION-SPECIFIC PERSPECTIVES
CHANGE VISUALIZATION
SUPPORT FOR MIGRATIONS & HYBRID DEPLOYMENTS
Connect allPlanning
Close with Confidence
Reinvent Analytics & Reporting
Outperform with Intelligence
Align Enterprise Data
ORACLE EPM CLOUD: Completely Agile
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Navigating the Data Mastering ContinuumVision
Self-serviceApplication Views
Change ManagementAcross Applications
Compare, Rationalize & Map Across Viewpoints
Subscriptions, Notifications & System Requests
Policy-drivenData Mastering
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ Change Management Experience• Request visualization & impact analysis• Validation & issue resolution
➢ Data Management• Application and maintenance views• Built-in shared node support/Dupe prevention• Inherited properties• UI localized in 19 (Online help in 9) languages
➢ Packaged Application Integration• PBCS, EPBCS, Fin Cloud GL & Custom App Adapters• Built-in properties & validations• Import & Export
➢ Data Rationalization• Compare node, relationship & property ∆s• DnD: Bulk insert differences across hierarchies• Request Subscriptions w/ Email Notifications
➢ Workflows Approvals• Policy-driven approvals• Inference-based invitation management• Granular dimension security• Collaborative conversations & attachments
➢ Performance Benchmarks• 1M member hierarchy support
➢ Change Management Experience• Request history• Transaction history
➢ Data Management• Incremental import w/ request history• Comparison result request• Custom properties & validations• Formulas & derived properties• Time labels: as of, what-if, future-dated• Custom Filters: Validations, Subscriptions, Node
Sets/Exports, • Subscription filters: Top Node, Action filters
➢ Packaged Application Integration• Application Adapters: FCCS, OAC, PCMCS• Incrementally import changes as requests
➢ Data Rationalization• Policy-driven mastering• Survivorship of attributes• Relationship rationalization
➢ Reporting, analysis, history & audit• Application/View history & audit• Request monitoring & DQ Dashboards
➢ Performance Benchmarks• 5M member hierarchy support
➢ Data Management• Encrypted, sensitive, masked properties• Data profiling & augmentation• Map sets to align corporate w/ divisions• Suggested data transformations• External lookups & commits
➢ Data Catalog• Glossary of terms for key business entities• Metadata requests to define policies & build or
enhance masters incrementally• Execute requests to implement approved metadata
requests➢ Packaged Application Integration
• Application Adapters: EBS GL, HFM, ARCS, TRCS➢ Data Rationalization
• Fuzzy data matching • Automated duplicate Identification • Duplicate resolution workbench
➢ Intersections• Intersection mastering• Cross-dimension policies
➢ Performance Benchmarks• 10-100M member support
Oracle EPM Cloud: Enterprise Data Management
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
Recent Highlights R&D Underway Looking Forward
For Event Use Only. The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
➢ Full Hybrid Support• Including GL Cloud
➢ On-Premise release 11.1.2.4.220➢ ARCS – Transaction Matching and Bank File
support (18.05)➢ Simplified UI (18.07)
• Admin users – (E)PBCS only➢ Incremental File Load (18.09)➢ Drill-through from Parent (18.09)➢ Scalability
• Expand columns (18.12)• Additional Attributes-40 (18.12)• Enhanced Expressions (18.11)• Enhanced Large Data Volume Support
➢ ARCS Journal Extract (18.11)➢ Plug-in Adapter
• Transaction Matching Enhancements
➢ Simplified UI• Continued Parity
➢ Integration Enhancements• Generic ERP Cloud Adapter• On-premises Agent
• DB Cloud Service
• 3rd Party Cloud Services➢ Journal Posting to GL Cloud
➢ Enhanced Data Load Security
➢ Enhanced data export
➢ FDMEE 11.2
➢ Core Features • Scripting• E-mail notifications• Custom Reporting• Enhanced security granularity
➢ Product Specific Features• FCCS Data Protection• Enhanced Plan Type support
➢ Integration with EDMCS
Oracle EPM: Data Management
03/2019Copyright © 2019 Oracle and/or its affiliates. All rights reserved
58
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
EPM On-Premises ApplicationsStrategy and Roadmap
58
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 59
On-premises Strategy
• Oracle strategy for premier support across all applications through 2030
• Enhancements driven completely by customer needs and priorities
• More nimble delivery mechanism with smaller releases for easier adoption
Ongoing commitment for lifetime support
On-Premises Releases11.1.2.4
– Defect Fixing, 3rd party certification updates, enhancements thru Dec 2020
– Extended Support thru Dec 2021
11.2
– Scheduled for mid 2019
– Uplift to FMW 12g release
– Repository Simplification released early 2018
– Defect Fixing, 3rd party certification updates, enhancements thru Dec 2030
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
61
On-Premises Release: 11.2Scheduled for mid 2019
Uplift to FMW 12g release
Repository Simplification
– Replacing of Foundation services with a simpler RDBMS repository
– Content migration for FR/Workspace to RDBMS repository
3rd party certifications* including:
– OS: Linux 7, AIX 7.2, Windows 2016
– RDBMS: Oracle 12.2, SQL Server 2019
– Browser: Edge, Chrome, Firefox
– JDK 1.8
Technical upgrade – out of place install
Followed by a series of feature bearing PSUs
– Modelled on the 11.1.2.4.20x series
* Not an exhaustive list
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Hyperion Planning
– Smart Push
– Dimension Editor SV extension
– Extended Attribute support
– Valid Intersections
Data Relationship Management
– Scheduled Import, Exports & Books
– DRG Mass Approvals
Hyperion Financial Management
– Automated Consolidations
– Web based Metadata Editor
– Archiving\Deleting unwanted data
– Performance improvements
• SV, DB batch processing, etc.
11.2.x Planned Features
62Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. |
Oracle EPM On-premises: Current Release and RoadmapKey Highlights
Hyperion Planning• Simplified Interface• Faster/Larger forms support• Dashboards• Ad hoc Grids for Analysis• Grid definitions to Financial Reports
Hyperion Financial Management• Journals Workbench• HFM Insights• Rules Profiling• Charts/Graphs – Forms/Grids• Import application• DB hardening – RAC and network connectivity
Data Relationship Management• FDMEE Integration• Integration to Web Services• External Lookup Properties
Financial Reports• Web Studio• New Charting Engine
Smart View• HFM Journal• OBIEE Enhancements• New Range and Cell VBA Enhancements
Hyperion Planning• Essbase Hybrid Support• Smart Push• Valid Intersections
Hyperion Financial Management• Automatic Consolidations• Enhanced Insights, Archiving • Expanded Dashboards• Web based metadata
Profitability and Cost Management• Expanded Custom Calcs for complex logic• POV Copy support for large outlines
Tax Provisioning• Tax Automation Trace where source is ICP• Enhanced Deferred Tax Classification logic
Financial Reports• Multi-Report Editing via Web Studio• Replace R&A repository• Book/Batch to output to MS Office
Smart View• Chrome support for web launch (SUI)• Limited functional release for Office 365 Web/All
clients
Hyperion Planning• Use Excels Formula Editor To Write Calculations• Sandbox Support
Hyperion Financial Management• Simplified User Interface Uptake• Web based Metadata Editor• Simulated Posting\Consolidation• Entity Hierarchy for ICP Dimension• Critical Customer Requested Enhancements• Matrixed security
Tax Provisioning• Enhanced Tax Loss-Credit Automation • Enhanced US State and Provincial Tax Provisions
Data Relationship Management• S-FTP external connection• Scheduled imports and exports• Node Access Group Filtering• Property Masking
Smart View• New Client to support all MS office Variants (Mac,
iOS, Win Desktop, Cloud)• Server side refresh of Smart View Queries• Smart Query UX enhancements
Current Next Future
The above is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
63
64Copyright © 2019, Oracle and/or its affiliates. All rights reserved.
ALL IN ONE
A trusted innovation partner
A vibrant community and ecosystem of Industry leaders
A future-readyCloud
ON YOUR JOURNEY, ORACLE PROVIDES
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 65
Oracle Cloud Customer Connect150,000+ Members and Counting. Join the Conversations Today!
https://cloud.oracle.com/community/
Customer-to-Customer Sharing ● Customer-to-Oracle InteractionsProduct Release Updates ● Upcoming Events ● IdeaLabs
Cloud Customer Connect
Copyright © 2019, Oracle and/or its affiliates. All rights reserved. | 66
2018 @ a GlanceMembership Activity Ideas Events
Wednesday
➢ 8:00-9:00: Emerging Technologies in EPM
➢ 10:30-11:30: IT Financial Management with Oracle EPM Cloud
➢ 2:00-3:00: Integrated Business Planning
➢ 4:30-5:30: Oracle EPM Cloud: What's New, What's Coming in Financial Close
Monday
➢ 3:15-4:15: Introduction & Update: Oracle Enterprise Data Management Cloud
➢ 4:30-5:30: Account Reconciliations in the EPM Cloud
Tuesday
➢ 10:30-11:30: Connected Planning for the Enterprise with EPM Cloud
➢ 12:45-1:45: Reimagine Your Financial Close in the Cloud
➢ 2:00-3:00: Migrate from BlackLine to EPM Cloud Account Reconciliation
Want More? Oracle EPM Product Management @ Collaborate 2019
67
Session ID:
Remember to complete your evaluation for this session within the app!
11338
Improve user experience
Increase user satisfaction
Protect tailored changes across software updates
69