finit solutions getting the most out of epm - 11 1 2 1
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www.finitsolutions.com
Getting�the�Most�out�of�EPM:��HFM�/�FDM�Release�11.1.2.1�New�Features�and�Future�Roadmaps
June�24,�2011Angie�Appleaapple@finitsolutions.com
www.finitsolutions.com� 2 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
Finit�IntroductionFinit�Solutions�specializes�in�consulting�services�in�the�Oracle�Hyperion�Enterprise�Performance�Management�Solutions�suite�of�products:
Financial Consolidation– Financial�Management�(HFM)– Hyperion�Enterprise– Financial�Close�Management– Disclosure�Management
Integration– Financial�Data�Quality�Management�
(FDM)– Oracle�Data�Integrator�(ODI)– Enterprise�Performance�
Management�Architect�(EPMA)– Other�(ERPi,�EIS,�etc)
Planning and Business Intelligence– Planning– Essbase– Profitability�&�Cost�Management�
(HPCM)
Reporting Tools– Financial�Reporting– Smartview– OBIEE– Web�Analysis– Essbase�Excel�Add�in
www.finitsolutions.com� 3 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Finit�consultants�bring�deep�experience�in�external�SEC�reporting,�tax�reporting,�and�internal�management�analysis�across�a�wide�range�of�industries.���
• Our�backgrounds�in�accounting�and�reporting,�combined�with�our�product�expertise,�make�us�uniquely�qualified�to�assist�and�advise�clients�on�developing�reporting�packages�that�provide�better�insight�and�analysis�for�management.
• In�addition�to�strong�backgrounds�in�accounting�and�finance,�the�Finit�consulting�team�has�subject�matter�expertise�related�to�Oracle�EPM�technical�and�infrastructure�components.��Our�ability�to�know�both�sides�adds�value�in�areas�such�as�environment�strategy�planning,�product�selection,�deployment�planning�and�overall�infrastructure�implementation�activities.
• Finit�is�a�member�of�the�Oracle�HFM,�Planning,�FDM�and�Hyperion�Enterprise�Customer�Advisory�Boards.��In�this�role,�we�work�directly�with�product�development�and�quality�engineering�teams�to�address�future�product�enhancements.
Finit’s EPM�Expertise
www.finitsolutions.com� 4 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
We�take�client�service�very�seriously�and�our�results�are�unmatched�in�the�industry:
Our�client�service�approach�has�led�to�100%�customer�satisfaction for�every Finit�client (142�and�counting)�for�
every�project (over�250�and�counting).
Finit’s�Client�Service
www.finitsolutions.com� 5 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
•
Some�Finit�Clients
www.finitsolutions.com� 6 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
About�the�Presenter
Angie�Apple(aapple@finitsolutions.com)
• Co�Founder�and�Partner�of�Finit�Solutions
• 13�years�of�experienceimplementing�Hyperion�products
• HFM�Certified�Consultant• Specializes�in:
– Focus�on�Financial�Consolidation�and�Reporting
– Application�Conversions�from�Hyperion�Enterprise�to�HFM
– Multiple�product�design�(HFM�/�FDM�/�Essbase /�Planning)
www.finitsolutions.com� 7 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
How�to�Ask�a�Question
www.finitsolutions.com� 8 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
Purpose�of�this�Webinar• Review�the�current�HFM�releases• Provide�an�overview�and�demo�of�new�features�released�with�HFM�
11.1.2�and�11.1.2.1.• Provide�an�overview�of�the�new�features�released�with�FDM�
11.1.2.x.• Review�technical�considerations�and�third�party�compatibility.• Review�some�upgrade�options�through�two�business�cases• Review�some�key�new�functionality�with�the�other�Financial�Close�
Suite�products.• Discuss�some�expected�future�enhancements�to�HFM.
www.finitsolutions.com� 10 �
The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Oracle�Hyperion�Financial�Management,�Fusion�Edition,�Release�11.1.2.1�was�released�in�early�April�2011�and�represents�the�most�current�release.
• All�major�releases�are�synchronized,�so�that�the�‘supporting’�products�(e.g.�Smart�View,�Financial�Reporting,�FDM,�etc)�are�also�on�Release�11.1.2.1.
• Any�service�fixes�between�releases�will�not�be�synchronized.��For�example,�you�could�see�an�HFM�11.1.2.1.001�service�fix�without�a�corresponding�Smart�View�11.1.2.1.001�service�fix.��Only�major�releases�are�kept�in�sync.
Fusion�Edition,�Release�11.1.2.1
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• The�Fusion�Edition,�Release�11.1.2.x will�remain�on�Oracle’s�Premier�Support�until�April�2015.��Extended�support�will�be�available�until�April�2018.
• The�Fusion�Edition,�Release�11.1.1.x will�remain�on�Oracle’s�Premier�Support�until�July�2013.
• Premier�Support�for�HFM�and�FDM�9.3 expires�in�January�2012.• Premier�Support�for�HFM�and�FDM�9.2 and�prior�has�already�
expired�and�those�versions�are�in�Sustaining�Support.• Oracle’s�Lifetime�Support�Policy�can�be�found�here:��
http://www.oracle.com/support/library/brochure/lifetime�support�applications.pdf
Version�Support
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• HFM made some new improvements to the ‘look and feel’ or user interface in 11.1.2 and 11.1.2.1. One of the main goals of this was to standardize the interface in data grids and data forms as well as to integrate HFM into the overall user interface navigation for Fusion 11.
• Some items include the following:– New color scheme– New tab style– Same available options while in data grids or data forms (e.g. you can
promote a process unit in a form).
HFM�User�Interface
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Extended Analytics can now export a flat file without the header records (it can now look like a normal HFM data extract on export). You still have the option of exporting with the header records, but that is messy to parse to take to other systems.
• No UDL file is needed anymore.• Starting with 11.1.2, you can use the HFM Copy App utility with classic or
EPMA enabled applications. Prior to 11.1.2 it was not supported for EPMA enabled applications.
• Starting with 11.1.2 OBI EE 11G can report on HFM data. This includes dashboard / scorecard reporting using the OBI (Oracle Business Intelligence) products.
• Fixes for defects were significant: approximately 97 in total are listed in the 11.1.2.1 release notes.
HFM�Admin�Improvements
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Smart View continues to offer major new features and functionality. Some key new items include the following:
• Version 11.1.2.1 / 11.1.2– HFM Task List integration with Outlook.– Improved member selection dialog.– POV bar enhancements (dragging / dropping, hiding and docking).– New Smart View panel for managing connections and viewing
available connection components (apps, content and smart slices).– Dynamic menu toolbars based on your selection.– Improved Options dialog (including additional new options).– Smart Slices – preset slices of HFM dimensions.
Smart�View�Improvements
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Calculation Manager is the graphical business rule module that is an option for creating HFM rules.
• Calculation Manager introduced some new features in 11.1.2.1:– Better functionality for sharing objects / components.– Improved search functionality within Calc Manager rules.– Improved edit functionality.
• Calculation Manager introduced the following key items in 11.1.2:– Support for Essbase ASO rules.– Ability to use Planning smart lists in rule conditions.– Lifecycle Management integration.– Ability to create custom Functions.
Calculation�Manager
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Very minimal new items on FDM as the majority of the focus went into new features for ERPi. The following exist:– Migration tool support (officially supported in 11.1.2.1 (available but
unsupported in 11.1.2).– Same third-party support as HFM.– Oracle database 11.2– Office 2010 (32 bit and 64 bit)
• ERPi– ERPi 11.1.2.1 has the following source system support: PeopleSoft
GL 9.0 & 9.1, Oracle E-Business Suite 11 and 12, PeopleSoft HR 9.0.– The ERPi task pane was improved in 11.1.2.1 along with some key
data and metadata load rule functionality.
FDM�New�Features
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Operating Systems: – Windows 7 is fully supported for client utilities. XP SP2 and Vista are
as well. – Server 2008 R2 is now supported. Server 2003 is still supported in
11.1.2.1. HFM continues to support all Operating systems on 32 bit and 64 bit (this was released in 11.1.1).
• Office Products– Office 2010 (32 bit only for Smart View), Office 2007, Office 2003
• Browsers– Internet Explorer 7 & 8 (no support for Internet Explorer 6).– FireFox 3.5.x (not supported on FDM).– No Safari or Chrome support.
Third�Party�Support
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• 11.1.2 only offered Hyperion product compatibility for the same version (i.e. you could not run Smart View 11.1.2 against HFM 11.1.1.3).
• 11.1.2.1 allows cross-version compatibility for Smart View.• Smart View (11.1.2.1) is compatible with:
– HFM versions: 11.1.2.x, 11.1.1.3, 9.3.x and 9.2.1– Financial Reporting versions: 11.1.2.1 only– FDM / ERPI (for drill-back): 11.1.2.1 only– Planning / Essbase – same as HFM versions
• Financial Reporting 11.1.2.1 – only against 11.1.2.1 HFM.• Shared Services / Workspace – no mixed mode. You can
only run 11.1.2.1 Shared Services or Workspace with 11.1.2.1 applications (HFM, Planning, etc).
Product�Compatibility
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• http://www.oracle.com/technetwork/middleware/ias/downloads/fusion-certification-100350.html
• Look for Oracle Enterprise Performance Management section.
Support�Documentation
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• 11.1.2.1 introduces supported migration tool support (11.1.2 was for ‘new’ releases only).
• This applies to the HFM schema conversion utility, which can convert your HFM relational DB to the most current version. Once the conversion is complete it will be a mirror of the exact state it was in the previous version.
• The application rebuild approach is still an option for clients in 11.1.2.1. It was the only option in 11.1.2. This approach involves creating a new application and extracting / importing application items / data.
HFM�Migration�Utilities
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• While 11.1.2.1 does introduce the supported migration tool, there are some key items to be aware of.
• Oracle introduced a policy of supporting migrations (and sometimes compatibility) from the latest release on each version.
• As a result, 11.1.2.1 offers migration tool support for the following releases only: 11.1.1.3, 9.3.3 and 9.2.1.
• If you are not on the latest release, you will need to patch in an interim step to perform the migration (i.e. patch 9.3.1 to 9.3.3. to then use the utility to go to 11.1.2.1).
Migration�Key�Items
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• You have the ability to install 11.1.2.1 on top of 11.1.2. • During the installation, you select ‘Apply Maintenance
Release’ versus a ‘New installation’.• You have to do this for all products (i.e. you can’t just do it for
HFM but not FDM).• You do not need to run the schema migration utility when
doing this.• From an HFM application standpoint, going from 11.1.2 to
11.1.2.1 is similar to 9.3.1 to 9.3.3 where app conversion is not required.
11.1.2�to�11.1.2.1
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
Case Study #1 (Company is on a later version – 11.1.1.3)• Option #1 – App Rebuild Approach
– Pros: Ability to remove any clutter and fully test rules against data as consolidation is needed. No IT DBA required.
– Cons: This approach will be slower and will require more work. No logs or status are available with this option.
• Option #2 – Schema Migration utility– Pros: No interim step is needed, thus, this version can be directly
migrated to 11.1.2.1. Will produce a mirrored copy of the application(s). Logs and status are included.
– Cons: Small risk in not discovering rules differences between versions. Does require some IT help.
Migration�Case�Study�#1
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
Case Study #2 (Company is not on a later version – 9.3.1)• Option #1 – App Rebuild Approach
– Pros: All pros of case study #1 with the addition of no need for an interim step. Can extract and convert app items quickly.
– Cons: May still require more work, but it depends on the amount of data, forms, grids, etc. No logs / status.
• Option #2 – Schema Migration utility– Pros: Will produce a mirrored copy (including logs / status).– Cons: Requires interim step to 9.3.3 to run the migration utility. Some
laptop / server needs to be patched from 9.3.1 to 9.3.3 so HFM can be updated to that version and then taken to 11.1.2.1. More IT work with this option.
Migration�Case�Study�#2
www.finitsolutions.com
Key�Updates�to�the�other�Financial�Close�Suite�products
The Finit Solutions Series
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Financial Close Management (FCM), was released as a new module in the 11.1.2 release. It focuses on close task management and status across Oracle EPM applications (HFM, FDM, Planning, etc). The goal is to help manage the entire close process for organizations.
• Some key new features added in 11.1.2.1 include:– Ability to create schedules with a maximum of 2000 tasks. This is a
significant increase over 11.1.2.– Microsoft Outlook Integration via Smart View. You can view tasks as
well as edit (answer questions, add comments or approve / reject).– Integration with Lifecycle Management for migration between server
environments.
Financial�Close�Management
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Disclosure Management was released as a new module in the 11.1.2 release. It exists as a toolbar in Office. It focuses on document creation, particularly XBRL for SEC external reporting. The goal is to bring XBRL and other report document package creation in-house.
• Some key new features added in 11.1.2.1 include:– Improved document properties are available (decimal separators,
prefixes, etc).– Ability to scale numbers in the XBRL taxonomy mapping.– Can generate documents in iXBRL (in-line XBRL) format. iXBRL is
currently a format submission requirement for UK tax returns.
Disclosure�Management
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Finit Solutions�is�a�separate�organization�from�Oracle�Corporation,�and�the�views�and�roadmap�items�in�this�document�are�Finit’sviews�and�understanding�based�upon�its�experience�and�expertise�in�the�products.
DISCLAIMER!
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Enhanced usability and navigation are key development concentrations for the product team.
• HFM is expected to be released with a brand new user interface within the next couple of releases.
• Similar to the 11.1.2 release of Hyperion Planning, it is expected to include a few key components:– User Interface will incorporate Oracle’s ADF standard. This is the same
standard that Hyperion Planning and Financial Close Management use in 11.1.2. From a user perspective, it will lead to increased filtering and navigation.
– Continued enhancements and merging of data grids / data forms with improved printing. Similar to Hyperion Enterprise Reporting Schedules (data entry and printing ability).
– Improved navigation in the Journals module.
Roadmap�� Usability
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• In addition to the enhanced usability components, HFM is expected to enhance core product functionality:– Expandable dimensionality: HFM is expected to have the ability to
move away from the standard 4 custom dimensions to expand, as necessary, to additional dimensions.
– Enhanced cell text to take on some line item detail type functionality.– Continued improvement with Journal integration into other systems.– Enhanced ‘Classic’ metadata features including moving HFM ‘Classic’
administration to the web and including filtering and search.
• Other items (product TBD)– Unstructured information / schedules– Account Reconciliation
Roadmap�� Core
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
• Oracle is investing significantly in improved and enhanced reporting solutions out of HFM. Some expected reporting features expected in future releases include:– Tighter OBI EE Integration – OBI EE is the strategic product for Oracle
related to dashboard and scorecard reporting (Financial Reporting is still strategic for financial reporting).
– Continued tighter integration with Office• The new functionality related to HFM Task Lists in Office is very promising
and continued accessibility to tasks and status both in the browser views and in Office products is expected.
• Some key Disclosure Management items will be valuable to HFM users:– Cross-Footing and Smart Rounding– Document collaboration and approval workflow
Roadmap�� Reporting
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
Dates�to�be�Announced• Hyperion�Planning�&�Essbase�11.1.2.1: New�Features,�Fixes,�and�
Functionality• Troubleshooting�Tips�for�HFM�and�FDM• Troubleshooting�Tips�for�Essbase�and�Planning• Introduction�to�Financial�Close�Management• HFM�for�the�Tax�Department
To�register,�or�to�view�past�sessions,�go�to:�www.finitsolutions.com/Insights_Webcast.html
Upcoming�Webinars
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The Finit Solutions SeriesThe Finit Solutions Series
Getting�the�Most�out�of�EPM:��HFM�&�FDM�11.1.2.1�New�Features
Questions?
Email�us�for�acopy�of�the�slides�orlink�to�the�recording.
Finit�Contacts
insights@finitsolutions.com
�>�Angie�Appleaapple@finitsolutions.com215.651.4661
�>�Ed�DeLiseedelise@finitsolutions.com678.296.3611�>Joe�Mizerkjmizerk@finitsolutions.com919.349.5029
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