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Copyright © 2017, Oracle and/or its affiliates. All rights reserved. |

HFM, FCCS or ?June 2017

Rich WilkieSr Director EPM Product Management

Confidential – Oracle Internal/Restricted/Highly Restricted


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, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.


Agenda

Hyperion Financial Management Update

Financial Consolidation and Close Cloud Intro and Update

HFM or FCCS – upgrade or migrate

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• Platform Independent– Windows, Linux and Solaris (Exalytics) support

• Significant Performance Improvements– Multi-core scaling for Consolidation, Data

Retrieval/Loads, Metadata Loads

– Fast UI Interactions and Responsiveness

– Improved Database Interaction (ODBC replaced ADO driver)

• Simplicity– Simplified Deployment Architecture

– Support for Multiple Databases per instance

– Streamlined Integrations, Java based API

– Online monitoring (Exalytics only)

• Easy Install and Upgrade– One click install (Exalytics only)

– No application changes required

– Full support for LCM including data and process status

Hyperion Financial Management 11.1.2.4Lighter, Faster, Simpler & Portable


FDMEE - Data Synchronization

• Specify EPM application as a source

– All types except for Account Recon and Supplemental Data Manager

• User defined source filter

– Includes HFM journals

• Write back to source GL as Actual or Budget - EBS and Peoplesoft only

• Concatenate > 5 source columns

• For example – load Essbase from HFM, write-back HFM journals to EBS

Oracle Confidential


HFM 11.1.2.4 – Performance2-5X faster than prior releases

• Multi-core scaling for Consolidation

– During consolidation while traversing through entity hierarchy continue taking advantage of all hardware cores available.

• Centralized Data Retrieval

– Optimized central data query engine used for FR, SmartView, & Web

• CalcStatus redesign

– Store only used currency, reducing unnecessary storage of numbers and improving metadata/data loads

• Increased User Interface Interactions and Responsiveness

– Replaced Webservices with Thrift optimizing the transfer of objects between C++ server and Java based web tier.

• Use SmartHeap

– Improved memory allocation and reduce thrashing of heap

• Replaced ADO with ODBC driver

– Better performance with Oracle RDBMS

7Oracle Confidential – Internal


Benefits of Upgrading to 11.1.2.4

• Leverage Hyperion Investment

• Satisfy Increasing Demands of Statutory Reporting

• Easier and More Efficient Analysis of Information

• Solving the Need for More Granularity

Technical Benefits of Upgrading to 11.1.2.4

• Performance

• Simplicity


90%Of the customers upgrading to 11.1.2.4 mentioned ‘Reduced Time’ in their Close Process


On-Premises Product Updates

• Plan to release a series of product specific PSU(s)

– Incremental features

– 3rd Party Certification (assuming no out-of-place upgrade)

– Defect fixes

– Independent releases by product

• Thematic in nature

– Introduce relevant cloud Innovations

– Evolution to a simpler architecture

– Focus on Usability

Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | Confidential – Oracle Internal/Restricted/Highly Restricted 11

11.1.2.4.101 (Sept ‘15)

• Stability and critical journals bugs

• Solaris support

• CopyApp support

11.1.2.4.103 (Jan ’16)

• Consolidation performance and stability

• Start up options

11.1.2.4.201 (May ‘16)

• Security Class access

• DB Connections leak

11.1.2.4.204 (Feb ‘17)

• Consolidation scheduling enhancement

• EAExtract simplified setup

Frequent PSU’s on 11.1.2.4.x


HFM 11.1.2.4.200 – Available Now

• Journals Workbench

•HFM Insights

•Rules Profiling

•Charts/Graphs – Forms/Grids

• Import application

•DB hardening – RAC and network connectivity

Oracle Confidential – Internal/Restricted/Highly Restricted 12


HFM 11.1.2.4.250 • Automatic Consolidations

– Utilize Hardware during non peak hours

– Can turn it off

– Configuration• When to Consolidate

• Where to Consolidate

– Multiple POV

– Configurable Hardware allocation


0

5

10

15

20

Auto Consol

Activity


HFM 11.1.2.4.250

• Data Insights

– Statistics on data tables

– Sorted by Scenario and Year

– Number of records with • Invalid Data

• Zero value

• Foreign Currency Data

• Input Data

• Calculated Data

– Size of the data tables

• Benefits

–Monitor application and system

– Take action before issues arise


820,000

32,000

14,000120,000

400,000

Data : Actual 2015

Invalid Zero Value Foreign Currency Input Calculated


HFM 11.1.2.4.300

• Expanded Dashboards

•Archiving\Deleting unwanted data

•Performance improvements– SV, DB batch processing, etc.

• Integration with FCCS (Close Manager)



HFM Futures

• Simplified User Interface Uptake

• Web based Metadata Editor

• Simulated Posting\Consolidation

• Entity Hierarchy for ICP Dimension

• Enhanced Integration with reporting cloud services including EPRCS and BICS

• Customer Requested Enhancements



Oracle HFM: Current Release and Roadmap

• Expanded platform support for Exalytics platform• Massive performance improvements for any

platform• Oracle Diagnostic Logging (ODL) for faster

troubleshooting• Calc Status updates for smaller database sizing• Web profile editor• Metadata Merge Utility• Embedded OFMA • Journals Workbench• HFM Insights• Rules Profiling• Charts/Graphs – Forms/Grids• Import application• DB hardening – RAC and network connectivity• Smart View Journal Enhancement• PSU 201, 202, 203 and 204

• Critical Issues Fixed

• 11.1.2.4.250• Automatic Consolidations• HFM Insights on Data• Critical Fixes

• 11.1.2.4.300• Expanded Dashboards• Archiving• Web based metadata • Add’l Insights statistics• Performance improvements• Integration with FCCS• Critical Fixes

• Simplified User Interface Uptake• Web based Metadata Editor• Simulated Posting\Consolidation• Entity Hierarchy for ICP Dimension• Enhanced Integration with EPRCS & BICS• Customer Requested Enhancements

• FR replace system reports• Matrixed security• Log an SR for us to review

Release 11.1.2.4+Feb 2015

What’s NewCY17

Future Directions CY18 and Beyond

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, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

February 2017


HFM Roadmap

• 11.1.2.3

– S1 defect fixing only until May 2018

• 11.1.2.4

– Defect Fixing, 3rd party certification updates, enhancements thru Dec 2020

• 11.2.x– Release in 2019

– Uplift to FMW 12g release

– Defect Fixing, 3rd party certification updates, enhancements thru Dec 2030

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What does this mean?• Customers have time• HFM not being abandoned


Agenda




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Copyright © 2017, Oracle and/or its affiliates. All rights reserved. | 21

2,400+Unique Customers

EPM Cloud Customer Adoption: By the numbers*…

3,550+Subscriptions

2xYoY install

base growth

80+80+Countries 20+

Industries

172K +Users

* As of May 31, 2017 (Q4FY17)


Select Oracle EPM Cloud Logos

And more …

http://www.liveops.com/


Evolution of Hyperion Consolidation Solutions

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Micro Control Hyperion Enterprise

Hyperion Financial

Management

Financial Consolidation

and Close Cloud

30+ years of experience and best practices allow us to constantly improve and evolve


Best Practice Consolidation Out-of-the-Box

Comprehensively Address the Extended Close Process

Integrated, Secure and Auditable

Consolidate and Report With ConfidenceOracle Financial Consolidation and Close Cloud Service


Ensures the use of best practices for an accurate and efficient financial consolidation and close

Makes it easy for finance departments to meet global financial regulation requirements like IFRS and GAAP

Significantly reduces timescale, cost and risk in the financial consolidation and close process

Best Practice Consolidation Out-of-the-Box

25Copyright © 2017, Oracle and/or its affiliates. All rights reserved. |


Reduce the time it takes to complete the financial close

Ensure visibility and predictability in financial consolidation and close

Trust and reliability that the numbers are complete and accurate

No need to replace/alter existing transactional systems

Increase collaboration

Comprehensively Address the Extended Close Process



Secure anywhere anytime access to latest financial information that remove the dependency on finance for generating reports and analysis

Improve the security, consistency and quality of financial reporting

Contain / reduce audit costs

Confidence in compliance with regulations

Integrated, Secure and Auditable



• Consolidation

– Predefined dimensions with built-in Financial Intelligence

– Flexible application configuration with pre-built forms & reports

– Standard consolidations & eliminations

– Currency translations and FX adjustment calculations

– Built-in KPI ratio analysis

– Custom calculations using member formula

– Automated Cash Flow

– Data source detail tracking with drill through capability

– Multi-GAAP support

– Approvals

– Journal entry

– Intercompany matching

– Data audit

– Data Management

• Close Calendar (can be used standalone)

– Task Management

– Workflow

• Supplemental Schedules (can be used standalone)

– Data Collections

• FCCS Dashboards

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FCCS Functionality


Is FCCS ready?

• Hundreds of customers to date

• Many large customers and deployments

• ~20+ live

• Every Region - APAC, EMEA, NA/LAD

• Partners around the world have been trained

• Early Adopter Support ensuring success

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FCCS Customer Implementations Underway June 2017


Thayer Lodging – Key Challenges– Close process took almost 15 days to complete with quarter and year-end closes

dragging on further.

– Difficulty meeting reporting and audit deadlines

– Excessive rework, reconciliation and review of the reporting and board packages.

– Dependency on Excel to collect data and produce consolidated reports.

– Entity structure includes over 150 entities with major intercompany challenges

–Many of the entities require partial ownership calculations

– Availability and granularity of data is limited and burdensome to collect resulting in inadequate analysis capabilities.

– Numerous manual hand-off points of data and reports.

– Lack of visibility and control into consolidated data and adjustments.


Thayer Lodging – FCCS Benefits– Rapid deployment enabled Thayer to quickly improve their existing reporting processes.

– Reduced time to close down to six business days improving ability to meet reporting deadlines.

– Provided complete visibility into the entire close process including consolidation, data collection and reporting processes.

– Created dual purpose application that provides corporate consolidated reporting and detail hotel level reporting capabilities across over 150 legal entities.

– Complied with global accounting standards, US accounting standards and multiple legislative requirements including support of IFRS, GAAP and Investment Companyaccounting.

– Reduced the dependency on Excel as the primary data collection and reporting tool.

– Standardized repeatable processes previously performed manually during the close, such as top-side consolidation adjustments and intercompany eliminations.

– .


CPI Card Group

• CPI Card Group is a leading provider in payment card production and related services, offering a single source for credit, debit and prepaid debit cards including EMV chip, personalization, instant issuance, fulfillment and mobile payment services.

• Corporate initiative to move all applications to cloud

• Currently run BICS, ICS, PBCS, FCCS and are implementing HCM Cloud

• HFM migration

– Complicated implementation, difficult to manage, older versions

– Partner recommended FCCS


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, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle Corporation.

• Alternate Hierarchy support (full accounting treatment)

• Ability to use Close Manager and Supplemental Data Manager Standalone

• Tight integration with Financials Cloud including drill back

• Configurable translations

• Config calculations and consolidations• Extend custom dimensions• Adv. Consolidations (Similar to

Manage Ownership in HFM• Manage Ownership• Proportional Consolidations• Equity Eliminations• Org by Period• Ownership Register

• Integrated EPM Business Processes• Process Control• Close Manager • Monitoring tasks• Cloud integrations

• Supplemental Data Manager• Integrations to On Premises

• Journal Entry Module• Integration with any ERP• Recurring and Auto-Reversing• Single click create

• Adv. Consolidation• Automatic Journaling• Data lineage• Automatic consolidations

• Event based alerts• Integrated XBRL from EPRCS• HFM Migration Toolkit

Oracle EPM Cloud: Financial Consolidation and Close

06/2017Copyright © 2017 Oracle and/or its affiliates. All rights reserved


Custom Calculations

1. Calculation Manager will be opened up to allow users to create Business Rules that can be executed at predefined points within the default consolidation process.

2. The library of predefined rules will be expanded to support common operations like Copy, Clear etc.

3. POV specific translation mechanism will be supported.



Advanced Consolidations• Manage Ownership

– Establishing ownership parameters such as Ownership %, Consolidation %, Consolidation method period-by-period

• Proportional Consolidation

– Applying consolidation percentage to proportionalization and standard eliminations

• Advanced Consolidation– Elimination rules for Investment / Owner’s Equity based on Ownership parameters

– Single or multiple ownership/cross holdings

Confidential – Oracle Internal/Restricted/Highly Restricted 36


Manage Ownership - Methods



Manage Ownership – By Entity



Springboard Mash-ups

USE CASE: TRCS user can post the ‘Tax Journal Entry’ in FCCS without leaving TRCS

Journals

Cards from multiple services can be included in the same cluster


User Interface Mash-up

A screen can include horizontal and vertical tabs from multiple services

USE CASE: A EPBCS user can access Management Reports in EPRCS without leaving the Planning Screen


Agenda




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FCCS Benefits

• Single EPM platform

• Configure not customize

• Leverage best practices

• Always up to date

• Built on 30+ years of Hyperion expertise


FCCS Benefits to HFM Customers

• Functional

–Out of the box means significantly less or no rules to write• Cash flow, translations, KPI’s, rollforwards, CTA, etc

• Configuration UI not VB script

– Dashboards provide interactive reporting

– Totally integrated calendaring and task management

– Greatly simplified “add new feature” process

• Ease of implementation/use

– Simplified user interface consistent across Oracle solutions

– Similar to Phone/Tablet user interface

– Simple access to reporting, data integration, tasks, etc



• Upgrades

– Done automatically on monthly basis

– Automation tool for lights out processing

– “Enable Feature” still gives power to customer when to “deploy”

• Consistency of administration across EPM Cloud

– EPM Cloud single platform

–ONE way to manage users, data,

• Out of the Box functionality = quicker implementations

– Forms, Reports, Calculations, Dashboards,

–More content added regularly

–



• Same Hyperion Development team

– Product evolution of HFM and Hyp Enterprise

– Product Management team has been involved since the 90’s

• Finance owned (no IT)– Backups automatically done daily

• Infrastructure

– No hardware costs, upgrades, patches, etc

• Cost

–Monthly subscription including all updates and data integrations


Cloud & On-premise:Provide Flexible Choices

Innovation and Investments across Cloud and On-premise

Allow customers to adopt EPM Cloud at their own pace

Provide consistency and portability to enable flexible deployment choices

hfm, fccs or - ukoug.org · pdf file•leverage hyperion investment ... hyperion financial...

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