finit solutions a deep dive into hfm 11.1.2.4 031315

www.finitsolutions.com

Getting the Most out of EPM:Hyperion Financial Management

Deep Dive into 11.1.2.4

March, 2015

Chris [email protected]

http://www.finitsolutions.com/

www.finitsolutions.com- 2 -

Founded in 2002

70+ employees in 20+ statesMostly CPAs, MBAs

We have extensive Hyperion product and financial reporting backgrounds

80+ HFM ClientsManaged many of the largest EPM projects in the U.S.

Including the largest roll-out of HFM in North America

Market Leader in ARM/FCM

World Leader in FDM implementations and custom solutions

50+ Planning / Essbase Clients

Finit Overview



Services

Finit Answers

Technical Support

Functional / Admin Support

Access to Hyperion SMEs

Dedicated support team

and guaranteed response

times

Customer Service Focus

Flexible Time and Material

support packages

‘Pay as you Go’ option

Oracle Financial Close Suite

Hyperion Financial Management

Financial Close Manager

Account Reconciliation Manager

Hyperion Planning & Essbase

Infrastructure

Data Services

Project / Program Management

Redesign / Enhancements

Product Upgrades

Application enhancements / redesign

Performance optimization

Dedicated Support

Upgrades

Full Cycle Implementations


www.finitsolutions.com

Finit Solutions Introduction

Finit as a company:

Who we are….Why? How?



We make and deliver personalized financial reporting solutions and experiences.

By listening, questioning, and analyzing

By building relationships

…not company to company, but person to person.

We are Makers and Doers

WHY is Finit Here?



Run Finit like a Family

Invest in our employees

All owners actively involved in the business

No debt or external owners

Prioritize the customer; not profitability

Long term stability

Hire employees, not subcontractors

Compensation model based on client satisfaction

HOW do we achieve our beliefs?



Our values on which we ask you to provide consultant feedback:

Finit Values



Our values, culture, and approach to becoming a trusted advisor to customers

has led to 100% customer success for every Finit client (220+) and for every Oracle

Hyperion project (400+)

Finit Customer Success



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About the Presenter

Chris [email protected]

Global contribution to Oracle EPM communityHyperion Financial Management

Hyperion Enterprise

17 years Hyperion ExperienceCustomer / administrator

Hyperion pioneer consultant on HFM

Hyperion Sr. Product Issues Manager

HFM Practice Leader

Leader in HFM application and system design and performance

Expert in tropical places and rock & roll


mailto:[email protected]


Question and Answer



Hyperion Financial ManagementCalculation ManagerEPM ArchitectSmart View for OfficeFinancial Reporting

Oracle Financial Management AnalyticsPre-built applications

Hyperion Tax ProvisioningTax Governance

Tax OperationsTax Supplemental Schedules

Quantitative Management and Reporting

Financial Close Management

Close Manager

Account Reconciliation Manager

Supplemental Data Manager

Defining the Financial Close Suite



Platform Support

User Interface

Administrator Features

End User Features

Built for Speed!

Hyperion Financial Management 11.1.2.4

Oracle’s Focus



Optimized for ExalyticsLinux on non-Oracle hardware under considerationWindows registry goneTraditional Windows utilities being re-developed

Some functionality moving to web

Still supports Windows 2008Native support for IE11

11.1.2.2.500 and 11.1.2.3.500 supported in Enterprise mode11.1.2.3.700 coming for Native mode

Independence From Microsoft



Which Clients are Included?

From Workspace > Tools From eDelivery

HFM client

Smart View

Financial Reporting Studio



Utility Launch Pad: \Oracle\Middleware\EPMSystem11R1\

products\FinancialManagement\

Utilities\Launcher.html

Financial Management Utilities



Command line utility MetadataMerge.bat

Supports *.xml format only

Feature need driven by Hyperion Tax Provisioning

Customer-specific changes (Entities, accounts, scenarios, etc.) need to be merged with HTP changes provided by Oracle

Compare two metadata files

Accept the changes

Creates a new file to be loaded in

Metadata Merge Utility



“Application upgrade utility is deprecated. Use EPM System Configurator for database schema upgrade.”

Application Upgrade

Upgrade Path From Release ...

To Release 11.1.2.4

11.1.2.x Apply the maintenance release to move to Release 11.1.2.4.Note:For Oracle Hyperion Financial Close Management, applying the maintenance release is supported only from Release 11.1.2.2 or 11.1.2.3.For Oracle Hyperion Financial Management, applying the maintenance release is supported only from Release 11.1.2.1, 11.1.2.2, or 11.1.2.3.

11.1.1.4.x Upgrade to Release 11.1.2.3 and then apply the maintenance release to move to Release 11.1.2.4.

Release 11.1.1.0.x to 11.1.1.3.x

Apply the maintenance release to move to Release 11.1.1.4, upgrade to Release 11.1.2.3, and then apply the maintenance release to move to Release 11.1.2.4.



“Copy Application Utility is deprecated. Use Life Cycle Management to backup and restore applications.”

Either choose application artifacts OR application snapshot

Binary file stored in \Oracle\Middleware\

user_projects\foundation

\import_export

Copy Application



Missing options from CopyApp utilityFilter Invalid Data recordsFilter Zero value data recordsOmit Audit Logs and System MessagesLimit Scenario / Year data selection

Can’t switch between Oracle and SQL Server databasesCan’t duplicate or rename an application yetMust create target first so it appears in pick listCurrently very slow: 2 hours for app < 1 GB

In contrast, all objects and base level data took 4 minutes: need to reconsolidate and re-sets audit trail

Export / Import Snapshot



Support for Notepad++ since 11.1.2.2

Notepad++ is a free and powerful text editor. This editor can be used for editing HFM Rules and Member Lists files (*.rle or *.lst).Notepad++ can distinguish between different languages source code can be written in. This is useful during editing to distinguish certain keywords by using another color or font. In order to provide useful visual aids while editing HFM rules you must set a user defined language that will recognize files with .rle and .lstextensions. To define HFM rules and Member Lists as a user-defined language in Notepad++ follow these steps:

Launch Notepad++Click View -> User-Defined DialogueClick Import and select ‘HFM Rules.xml’ (this is available %EPM_ORACLE_HOME%\products\FinancialManagement\Utilities

directory)Exit Notepad++Next time you launch Notepad++ under Language (menu) you should see ‘HFM Rules’ as a user defined language.

After setting the HFM user defined language if you open an existing HFM rules file or create a new one (with extension .rle or .lst) you will see the appropriate color coding. This is a great substitute for the Rules Editor that Hyperion Financial Management used to provide.

Rules / Member List Editor



“Rules Migrator is deprecated. Use application extracts to extract rules in XML format. Alternatively RLE files can be imported into Calc Manager.”

Rules Migrator

OR



“Error Log Viewer has been deprecated”

Messages are visible in the web client

Messages are only written to HFM.ODL.Log fileC:\Oracle\Middleware\user_projects\epmsystem1\

diagnostics\logs\hfm

System Messages



New User Interface:

Consolidation Administration

11.1.2.3 11.1.2.4

Fusion color scheme



Consolidation Administration:

System > Settings

Goodbye Windows registry



From Applications menu

Logout and disable non-admin users

Admin Mode



Application Profile Editor

Classic mode



Progress bar on file selection

Can re-load a file without re-selecting

If it has not changed

Ctrl-A to select all files in a folder

Default 10 files can be changed in System Settings

Multi-select Load Files



Reorder your open tabs

This session only

Forms preserve colors in Smart View

Other Usability Enhancements

11.1.2.4 web 11.1.2.4 Smart View 11.1.2.3 Smart View

= <>



Export to Smart View for Query-Ready

Financial Reports

Descriptions don’t always work with

HFM ad hoc queries



Multi-threading improvements

Past: optimized for 8-12 cores

11.1.2.4: Oracle tested with 40 cores hyperthreaded = 80 vCores

And 2 TB RAM!

Optimization is now more a function of the application design: better with symmetric entity structures, data and rules

Calc Status changesImproved multi-threading to update calc statusOnly update Entity and Parent currencies

Smart HeapImproved internal memory management

Built for Speed



HFM InsightsCentral dashboard which collects/monitors system performance and provides feedback on system health, environment issues, etc.

Rules ProfilerDesigned to provide feedback on rules execution and help identify inefficient rules. This will help “tune” applications and provide optimal performance

Additional Exalytics-Only Features for HFM



Reference application to benchmark performanceTests

Data Load (2xs)Consolidation – Full Rules (3xs)Consolidation – Blank Rules (3xs)

Using identical configurations 11.1.2.4 vs 11.1.2.3.500Windows 2008 8 vCPUs and 16 GB RAMMS SQL Server 2008 R2

Finit Performance Application



Show similar improvement between 11.1.2.3 and 11.1.2.4

Oracle’s Test Results



Improved audit trailTask Audit retains the system files loaded

And shows the differences

In Case You Missed this in 11.1.2.3



Now web-basedhttps://apexapps.oracle.com/pls/apex/f?p=20620:1:1588361907940

Export to Excel option

Cumulative Feature Overview


https://apexapps.oracle.com/pls/apex/f?p=20620:1:1588361907940

www.finitsolutions.comSign up for Kscope15 using the FINIT code for a $100 discount on Registration!



Questions?

Presenter

Chris Barbieri

[email protected]




FDM Enterprise Edition 11.1.2.4

Similarities and Differences to FDM

New Features

Conversion Considerations

Noon - March 27th (2 weeks from today)

Presenter – Scott Peters, Director of Integration

Upcoming Webinar



Email us for a copy of the slides or link to the recording.

Past Finit Webinars

www.finitsolutions.com/webinar

General Questions

Greg Barrett [email protected]

Joe Mizerk [email protected]

Thank you for attending!


http://www.finitsolutions.com/webinar.html



finit solutions a deep dive into hfm 11.1.2.4 031315

Technology

finit customer

finit client

extensive hyperion product

oracle hyperion project

hfm application

largest epm projects

largest roll

customer success