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Getting the Most out of EPM:Oracle Hyperion – What does all this stuff really
do?
August 16, 2013
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We strongly believe that Service + Solutions = Maximum Value
Service
� Compensation model based upon client satisfaction with consultant’s work,
not utilization / chargeability.
� No external owners and Finit partners are involved in every full-cycle
implementation.
� Employees, not contractors.
Solutions
� Finit consultants are Hyperion product experts who enjoy designing, building
and deploying great solutions, applications and processes.
� Finit works closely with Oracle Hyperion development on product strategy
and beta testing.
Finit’s Focus
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Our client service approach has led to 100%
customer satisfaction for every Finit client (over
185 and counting) for every Oracle Hyperion
project (over 325 and counting).
Finit’s Client Service
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Finit Answers
Finit Answers provides the proper support offering for your Business� Hyperion Product Expertise: Finit has been offering Oracle Hyperion EPM services and support as a
company since our inception (July 2002) - staffed by our Hyperion Subject Matter Experts.
� Finit is providing a unique pledge for Hyperion Enterprise Customers: Any Hyperion Enterprise related fees
can be applied to a future project to replace Hyperion Enterprise with Finit Solutions.
� Allow Finit Answers to be your personal Hyperion Insurance Policy
� Flexibility: We offer a ‘pay as you go’ option (pay for only the time you use) along with several other levels
of support that we can customize to meet your needs:
1. Time And Materials Support: You only pay for the time you use (no monthly fees)
2. Dedicated Critical Support: Technical Application Support with a guaranteed 2-hour response time
3. Remote Consulting Assistance: Ask us to review your HFM Rules, Essbase Calcs, consolidations, FDM Integrations,
custom reports, etc.
4. Managed Services: Application Administrator Assistance (Primary or Secondary)
� http://www.finitsolutions.com/Support_Finit_Answers.html
� CONTACT Greg Barrett ([email protected]) for more information
Finit Solutions Official Support Offering:
Answers & Support with Efficient, Responsive Service
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About the Presenter
Joe Mizerk
• 20 years working in Hyperion world
• Client, UpStream, Hyperion, Oracle
• Former Hyperion Enterprise Administrator
• Director at Finit
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1. Overview of the various EPM Products
�The Financial Close Suite (Consolidations)
�Planning and Forecasting Suite
�Other Hyperion tools and their place
2. How can we best utilize all these products?
�Finit presents some of our best customs
solutions
Agenda
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Getting the Most out of EPM:Oracle Hyperion – What does all this stuff really
do and how?
Introduction to all the various EPM
Products
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• Integrates data from multiple transaction systems
• Automates and links strategic and financial management processes
• Modular, integrated suite
• Over 6,000 customers
• #1 Market Share (Gartner 2013)Oracle BI Foundation
Common Administration Services
Strategy Management
Financial Close and Reporting
Planning andForecasting
ProfitabilityManagement
Hyperion Performance
Management Applications
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FinancialConsolidation
DataAssurance Document
Management& Filing
Financial &Mgmt. Reporting
ERP: Oracle, SAP, Legacy, Other
Financial Close Management
Finance Dashboard
TaxProvision
Transactions Reporting
Governance, Risk & Compliance
Oracle’s Financial Close Suite
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– HFM Plus (Plus means you get reports)
– FDM – ERPi
• Financial Data Quality Management
– FCM w/ARM
• Financial Close Manager w/ Account Reconciliation Mgr.
– DM - Disclosure Management – Optional
– EAL - Essbase Analytic Link
– OFMA - Optional
• Oracle Financial Management Analytics
– Tax Provision Module - Optional
Financial Close Suite (FCS)
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Hyperion Financial Management
(HFM)• Traditional Financial Consolidation
– Intercompany
– Cash flow
– Foreign exchange
– Minority interests
– Tax provision
• Journal Entries
• Audit trails & Process control
• Unstructured information – Flash reporting with
commentary
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Financial Data Quality
Management (FDM)Audit Trails• 85+ Audit/Check Reports
• Store current and historical mapping definitions, docs
• Allow dynamic drill through
to source ERP and files
Data Collectionand Transformation
• Read and interpret G/L trial balance files and ERP
• Mapping validation againsttarget system dimensions
• Data & meta data integrity checking against data validation rules
Internal Controls• Source financial document
archival
• Prepackaged audit and internal control reports
• Comprehensive role basedsecurity
RepeatableProcesses
• Single standard and defined solution for any target application
• Standard upward data certification process
Load
Validate
Export
Check
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TASK MANAGEMENT
PROCESS MONITORING
ACCOUNT RECONCILIATIONS
ACTIVE CALENDAR
Active integration with EPM andERP systems
Executive Dashboard Views
Centralized web based task management and collaboration
Automation through matching capabilities and integration with all sources
Financial Close Management
(FCM)
15
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Accounts Reconciliation Manager
(ARM)
Load BalancesLoad Balances
Auto ReconciliationAuto Reconciliation
Email NotificationsEmail Notifications
PreparationPreparation
ReviewReview
Late NoticesLate Notices
MonitoringMonitoring
• Designed to support accounting
reconciliation processes
– General Ledger Reconciliations
(aka “Balance Sheet
Reconciliations”)
– Consolidation System
Reconciliations
– Tax Reconciliations
– Any other reconciliation that
performs a periodic validation of
an account balance
• ARM solves a compliance
documentation problem
– by managing reconciliation
processes and storing evidence
that reconciliations occurred
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Essbase Analytics Link (EAL)
HFM Database
Server
Load external datato the Essbasedatabase
Queries
GL
Planning
DW
Essbase
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Disclosure Management (DM)
• Offers a complete XBRL creation and
management solution
• XBRL Taxonomy management, editing and
viewing
• Enterprise level XBRL mapping that consists of:
– Report level mapping within MS Word / Excel,
Smart View
– Reusable data source metadata mapping within
Oracle’s Hyperion Financial Management,
Planning and Essbase
• Instance document creation, validation and
viewing
• Full 10k/10q (HTML) support
• Utilizes best-in-class technology for XBRL
• Utilizes Oracle UCM technology for doc mgmt
• New Feature for Press Releases etc. (Variables)
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Tax Provision Module (HTP)Financial & Tax Consolidation Source
Systems
GL
Tax Return
Assets
Other
HTP
Process Management
Rules Engine
Validations
Journals
Audit Tracking
Inter-company
HFM
Data Load RepositoryAudit, Security & ControlDrill-through FDM
Source Mappings Target
Dis
clo
sure
OF
MA
(T
ax
An
aly
tics
-P
S3
)
� Financial Reporting
� Smart View
� Report BooksText/GL/XLS
etc.
Fin
an
cia
l &
Ta
x R
ep
ort
ing
Tax Provision Forms(incl. manual input)
Tax Automation
Tax Provision Reports
Tax Provision Data Model
Tax Provision Rules
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21
Oracle Enterprise Planning
Financials Supply Chain & Logistics
Human Resources
Long Term Planning
Corporate Development
Treasury Management
Value Management
Hyperion Strategic Finance
Integrated Revenue &
Profit Planning
Call Center Operations Planning
Key Materials & Capacity Modeling
Inventory Exposure Modeling
CRM Manufacturing
• Operational planning constraints to assess feasibility of financial plans
• Corporate finance to link operations to capital allocation and financing decisions
Annual Budgeting / Forecasting
Project Financial Planning
Capital Expense Planning
Workforce Financial Planning
Hyperion Planning
Customer Profitability
Product Profitability
Complex multi-tiered Allocations
Hyperion Profitability Cost Mgmt.
User Input User Input
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– Hyperion Planning Plus
• Workforce Planning Module
• Capital Asset Module
• Project Financial Planning
• Public Sector Planning
• Financial Services Planning
– Strategic Finance
– Crystal Ball - Optional
– FDM
– DRM – Data Relationship Management (Steward)-Optional
Enterprise Planning Suite
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• QUANTITATIVE MANAGEMENT AND REPORTING FOR
SOLVENCY II
– European focus and not seen in US
Enterprise Planning Suite
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– Used to drive collaborative, web based operational
planning processes throughout the organization– Cost Centers
– Business units
– Create revenue and / or cost drivers
– Detailed product and / or customer views
– Iterative Planning, budgeting, and forecasting cycles
– Track activity throughout, who is submitted, who is
approved, who is late
– Support complex business rules and drivers for a
more efficient process with less manual entry
Hyperion Planning
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Planning Enablers - Highlights
• Organizational Collaboration– Finance, Operations, Business Unit Managers
• Simplification & Standardization – For changes
• System Alignment – Within the EPM environment
• Spreadsheet Reduction
• Data Standards & Automation– Pre-populating data, common data models, hierarchies, etc.
• Driver Based Concepts – Align process to business
• Rolling Forecast– Allows for continuous monitoring and measurement
• Reduced Level of Detail - What is key to business?
• Rapid Forecasting – 24 hrs - automation, drivers, web distribution
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Pre-Built for easier & faster deployments:
• Workforce Planning Module
• Headcount, Salary, Compensation
• Capital Asset Module
• Additions, Deletions, Transfers
• Project Financial Planning
• Pre-defined dimension members, forms, business rules,
menus, task lists, smart lists, validation rules & project
planning plan types
• Integrated Human & Capital Resource Management
• Covers Contract, Capital, Indirect projects
Planning Modules
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• Public Sector Planning
• Unique for Healthcare, Gov’t, and Higher Education
• Financial Services Planning
• Banks and other pure asset management organizations
Other Planning items:
– Exalytics
• In-memory Machine for Planning – very fast
– Planning in the Cloud
• On demand service to be released later in 2013
Planning Modules
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Hyperion Strategic Finance (HSF)
•High level planning
•Long term outlook
•Treasury Management
•Merger and Acquisition analysis
•Capitalization scenario modeling
Benefits
• Integrate and align strategic and financial
planning
• Less dependence on outside advisory firms
for running scenarios
• Consistent experience across entire planning
process
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Crystal Ball
• Functional Summary
– Statistical prediction scenarios built into
Hyperion Planning
– Uses Oracle Crystal Ball Predictor to
analyze historical data and project trends
and patterns into the future
• Benefits
– Enable business users to leverage
statistical forecasting techniques
– Improve accuracy of forecasts and plans
– Automatically forecast best and worst
case scenarios in addition to base case
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Data Relationship Management
(DRM)
• “Best of breed” enterprise dimension
management solution:
– Mature product
– Strong user base
– Technology agnostic
• Automation of dimension alignment:
– Reduce manual efforts and errors
– Increase data quality
– Complete audit trail & “roll back”
• Business value:
– Process alignment and simplification
– Simplify system rollouts & maintenance
– Close-cycle simplification
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Data Relationship Management (DRM)
Gain visibility to the Current State
Apply Changes &
Model the Future
Compare & Map
Enforce Rules
Integrate w/ Systems
& Processes
Audit all Changes
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Hyperion Profitability & Cost Management
(HPCM)
Functional Summary
• Addresses need for detailed profitability and
costs allocated to low levels
• Highly detailed multi-step allocations
• Complex driver scenarios
Benefits
• Takes what would formerly be complex
custom solutions and productizes them in an
application
• Granular analysis of costs and profits: Millions
of customers, SKUs, subscribers, products,
transactions
• Manage cost development and cost
application in a single system
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• OLAP (Online Analytical Processing) Server
– Provides an environment for:
• Deploying pre-packaged applications
• Developing custom analytic and enterprise performance
management applications.
• Quickly model complex business scenarios
• Oracle Essbase, along with Oracle BI Suite Enterprise
Edition Plus, is part of the Oracle BI Foundation
– Take data from BI and perform what-ifs, etc…
Essbase
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– Adaptable data storage mechanism for specific types
of analytic and performance management
information
• Flexible and highly usable via a spreadsheet interface
• Examples:
– Cost Center Analysis
– Product Profitability
– Sales Analysis
– Product Cost Analysis
– Departmental or Business unit analytical requests
Essbase
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• Integrates data from multiple transaction systems
• Automates and links strategic and financial management processes
• Modular, integrated suite
• Over 6,000 customers
• #1 Market Share (Gartner 2013)Oracle BI Foundation
Common Administration Services
Strategy Management
Financial Close and Reporting
Planning andForecasting
ProfitabilityManagement
Hyperion Performance
Management Applications
www.finitsolutions.com
Getting the Most out of EPM:Oracle Hyperion – What does all this stuff really
do and how?
Finit reveals some of our best custom
solutions
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Project Details
�HFM and Planning Implementation
� Client wanted to keep IC in both applications in sync
and fully reconciled at all times
�Unlike HFM, Planning (Essbase) does not have a built
in ICP Dimension or Elimination Logic
� Built intercompany eliminations into Planning (not
easy to do, but it is possible) to ensure that
consolidated data reconciles to HFM and the two
applications are in sync.
Intercompany Eliminations in
Hyperion Planning
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Challenge
� Integrate and automate data from HFM/FDM with ‘non-
Hyperion’ products
Solution:
� Created custom .dll that can call EA (Extended Analytics)
� Created custom table in FDM for users to enter
parameters
� Used that process to extract data into a .txt
� Text File custom formatted for 3rd-Party Software
Pushing HFM/FDM data
downstream
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Automating the Movement of data from one
HFM app to another
� Users run HFM Task-flow to trigger EA extract
� Data is sent to database, trigger file created in FDM outbox
folder
� Task manager runs writes data to a text file saved in batch
folder whenever it sees the trigger file
� File is batch loaded into FDM (and thus HFM)
� Email is sent notifying of errors or successful load
� Data tie out sheet is automatically generated and emailed out
to select users
The “Easy Button”
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� The ability to write data via Smart View is a role that users either have or
don’t have the ability to do.
� Budget and Forecast users need this role to be able to submit and modify
their Budget and Forecast submissions.
� However, if those same users have access to the Actual scenario they would
also be able to modify their Actual data via Smart View
SOLUTION
� Used one of the custom dimensions in HFM for ‘Type’ of data load
� Gave users access to only certain members in that dimension
� Customized the FDM Adapter to so that the connection being made to HFM
was different based on the dimension we used for Type.
� Thus, if a user tried to load to the Custom Dimension Member of ‘Forecast’
via Smart View she would be permitted, but she would be denied from
loading to ‘Actual’ via Smart View
Should you allow users to load
Actual Data via Smart View?
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HFM and Essbase Project to replace Hyperion
Enterprise
� Biggest Challenge = users wanted to look at data in HFM and
Essbase in ‘real-time’; i.e. both Apps needed to be current and
fully tied out at all times
� Solution: Customized FDM to do the tie out of HFM and
Essbase for us
� Data is pulled out of both applications, pushed into an FDM location
that is set up to do the comparison (everything should net to zero)
� For any account level detail that does not tie an entry is made to load
back into Essbase to ‘force’ the apps to be in sync (HFM is the book of
records)
The “Squeeze Process”
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Many companies evaluate their results at different
rates (e.g. Actuals at Budget Rates, Actuals at Last
Year rates, etc.).
�Unfortunately, this is can be a very manual process
and it takes time to consolidate all those different
scenarios
� Custom Solution: by using a custom dimension to
store some of this data you can automate much of the
work and greatly reduce consolidations
�Thus, users see the data in ‘real time’ not days after Month
End Close is already completed
Constant Rate Analysis
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Questions?
Email us for a
copy of the slides or
link to the recording.
Thank you for attending!
- > General Questions
� Greg Barrett
� Joe Mizerk
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