finit solutions getting the most out of epm - 11 1 2 1

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Getting�the�Most�out�of�EPM:��HFM�/�FDM�Release�11.1.2.1�New�Features�and�Future�Roadmaps

June�24,�2011Angie�[email protected]

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




• 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




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




•

Some�Finit�Clients




About�the�Presenter

Angie�Apple([email protected])

• 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)




How�to�Ask�a�Question




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.


What’s�New�with�HFM

The Finit Solutions Series




• 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




• 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




• 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


HFM�User�Interface�Preview



HFM�User�Interface�Demo





• 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




• 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


Smart�View�Preview





• 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


FDM�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


Technical�Details





• 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




• 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




• http://www.oracle.com/technetwork/middleware/ias/downloads/fusion-certification-100350.html

• Look for Oracle Enterprise Performance Management section.

Support�Documentation


Upgrade�Considerations





• 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




• 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




• 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




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




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


Key�Updates�to�the�other�Financial�Close�Suite�products





• 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




• 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


Expected�Roadmap





• 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!




• 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




• 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




• 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


Future�Webinars�&�Contacts





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




Questions?

Email�us�for�acopy�of�the�slides�orlink�to�the�recording.

Finit�Contacts

[email protected]

�>�Angie�[email protected]

�>�Ed�[email protected]�>Joe�[email protected]

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