hfm overview

48
The Global Leader in Performance Management John R. Green Maurice Claggett Eric McNutt DC HUG Meeting: June 5, 2006 HYPERION FINANCIAL MANAGEMENT

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Page 1: HFM Overview

The Global Leader in Performance Management

John R. Green

Maurice Claggett

Eric McNutt

DC HUG Meeting: June 5, 2006

HYPERION FINANCIAL

MANAGEMENT

Page 2: HFM Overview

AGENDAAGENDA

Hyperion Financial Management Introduction

Hyperion Financial Management vs. Hyperion Enterprise

Hyperion Financial Management Solution Spotlight

Hyperion Financial Management Customer Discussion Panel

Q & A

Page 3: HFM Overview

Post Enron WorldPost Enron World - - accountants are cool accountants are cool again!again!

© 2002 The New Yorker Collection from cartoonbank.com. All Rights Reserved.

Page 4: HFM Overview

“Consolidations applications are seeing a resurgence after what was considered a maturing of this market, driven primarily by compliance issues in the United States, driven by Sarbanes-Oxley, and worldwide, driven by the pending International Financial Reporting Standards..”

Kathleen Wilhide and Henry D. Morris Worldwide Financial and Business Performance Management Analytic Applications 2004-2008IDC, #31633 July 2004

Page 5: HFM Overview

Hyperion’s Market LeadershipHyperion’s Market Leadership

Domain experts: 20+ years of experience

Over 10,000 customers including:— 15 of 15 Federal Cabinet

Level Agencies— 91 of the Fortune 100 — 352 of the Global 500

U.S. based company with 2,600 employees in over 20 countries

Global Presence; offices in over 20 countries

Global Financial Management partnerships

#1 in Financial and Business Performance Management Applications

#1 Market Share Leader - 20.4% (vs. 6.6% 2nd ranked company)

#1 in Budgeting & Planning

#1 in OLAP

#1 Bus. Performance Mgmt. (2003, 2004)

LEADER in Corporate Performance Management (2003, 2004)

“LEADER” in Corporate Performance Management (2005)

“VISIONARY” in Corporate Performance Management (2003, 2004)

Page 6: HFM Overview

Financial Management Financial Management LeadershipLeadership

#1 in Financial Consolidation

#1 in Budgeting & Planning

#1 Market Share Leader

#1 in Financial Analytics

Page 7: HFM Overview

WEBWEBFinancial Financial

ManagementManagement

TodayToday

335+ Customers, 100 335+ Customers, 100 ReferencedReferenced

A Long History of Financial A Long History of Financial SolutionsSolutions

Global Functionality

Scala

bil

ity

WINDOWSWINDOWSHyperion Hyperion

EnterpriseEnterprise

19911991

3500+ Satisfied 3500+ Satisfied CustomersCustomers

Micro ControlMicro ControlDOSDOS

19811981

Page 8: HFM Overview

20+ Years Helping with 20+ Years Helping with ComplianceCompliance

Page 9: HFM Overview

Award Winning ApplicationAward Winning Application

Packaged financial intelligence

“Smart dimensionality”

Process control and audit trail

Web architected/advanced technology

Financial reporting tools and integration

Hyperion’s financial market leadership

3 consecutive years – Hyperion Financial Management Receives

Highest Rating

Highest Rating among 10 competitors

See www.checkspex.com

john orourke
Old messaging and the SPEX think is getting dated - we may want to drop this slide
Page 10: HFM Overview

Monitor

Enabling the Federal Management Enabling the Federal Management CycleCycle

Model

PlanAnalyze

Report

Set

Goals

Define and Communicate Strategic Goals

— Strategic Planning— GPRA Performance Report/Plan— Agency/OMB Scorecards— PMA

Develop Models to Improve Operational Efficiency

— Constraints— Resources— Funding— Outputs/Outcomes— Activity Based Costing

Create Plans that Optimize Resource Utilization

— Performance Based Budgets

— Spending— Operational Plans— Resources

Monitor Execution and Manage for Results

— Key Performance Indicators— Performance Dashboards— Benchmarking and Metrics— Efficiency

Analyze all Aspects of Agency Operations

— Year over Year Variance— Comparability— Execution vs. Performance— Footnotes— Resource Allocation

Communicate and Report Results to all Stakeholders

— Consolidations— Inter/Intra Agency— Financial/FACTS I & II— OMB / Congress

1 System

1 Truth

Page 11: HFM Overview

Addressing Today’s Compliance Addressing Today’s Compliance NeedsNeeds

IAS 2005EU Countries to comply by 2005

Recognition and Measurement

Consolidation and reporting

Custom dimensions; financial intelligence

Segment reporting, specialized currency, I/C

IAS, GAAP, and Local Statutory

REQUIREMENT HYPERION FINANCIAL MANAGEMENT

Section 302 -CEO/CFO Must CertifySubmissions contain audit trail

Sarbanes-Oxley Act

Section 404 – Internal Control Report

Mandatory review/approval procedures

Section 401 – Conditions for Useof non-GAAP Financial Measures

Multiple organization hierarchies andchart of accounts

U.S. Auditing Standards RequireAutonomy from transaction systems

Accelerated Reporting Web solution, I/C reconciliation, Journals

Page 12: HFM Overview

Single version of book or records

Accuracy and timeliness of close/reporting

Sophisticated use of workflow

Awareness of adjustments

Tracking/visibility of audit trail

Digital signature/certification capabilities

Internal control visibility at consolidation/reporting level

Monitoring/visibility of close/reporting via dashboard

Additional FeaturesAdditional Features

Fast time to benefit and high return on investment!

Page 13: HFM Overview

Hyperion Financial ManagementHyperion Financial Management

Patented financial consolidation and reporting features

Complete financial controls: audit trails, workflow, and validations

“Smart Dimensionality”

Flexible "what if" scenario management features

Powerful, reporting and analysis tools

Full integration with ERP and other transaction systems

Easy to customize and extend

Web-architected

Market-leading Financial Consolidation and Reporting Application

Page 14: HFM Overview

Maurice ClaggettSr. Solutions Architect

Advanced Technology Group

HFM vs. Enterprise

Page 15: HFM Overview

Hyperion Enterprise – Continued Commitment

Financial Management Overview

Summary – Comparing Financial Management to Hyperion Enterprise

Financial Management Migration Assistant

Page 16: HFM Overview

Hyperion Enterprise Continued Hyperion Enterprise Continued CommitmentCommitment

Ongoing product development focus is on customer-driven enhancements

— Core product enhancements— Hyperion Smart View support

Continued demand in world markets and selected new market segments

— Localized in 9 languages

Customer Advisory Board— 14 leading Hyperion Enterprise

customers

Committed to maintenance/support for years to come

Page 17: HFM Overview

Quick PollQuick Poll

In what area is your agency stretching the capabilities of Hyperion Enterprise?

Dimensionality – Multiple Apps

Size of Application (Accounts or Entities)

Multi-user Scalability

Web Functionality

Technology Foundation

Audit Trails and Sarbanes-Oxley

Shorter reporting cycles

Scorecarding

Ad Hoc, Drill and Pivot Reporting

Page 18: HFM Overview

Hyperion Enterprise – Continued Commitment

Financial Management Overview

Summary – Comparing Financial Management to Hyperion Enterprise

Financial Management Migration Assistant

Page 19: HFM Overview

Hyperion System 9 Hyperion System 9 Financial ManagementFinancial Management

Patented financial consolidation and reporting features

Complete audit trails, workflow and validations

“Smart Dimensionality” Flexible "what if" scenario management

features Powerful, reporting and analysis tools Full integration with ERP and other

transaction systems Easy to customize and extend Web-architected

Market-leading Financial Consolidation and Reporting Application

Page 20: HFM Overview

Financial Reporting – Object-Financial Reporting – Object-Oriented ReportingOriented Reporting

Page 21: HFM Overview

Online, interactive analysis• Intuitive, interactive online

analysis with rich analytics• Addresses a multitude of

users with varying levels of analytic intensity

• Ideal for management reporting, product profitability analysis, performance management and promotional effectiveness

Web Analysis/Hyperion Analyzer

Page 22: HFM Overview

Smart ViewSmart View™™ for Office for OfficeLinks Spreadsheets to Consolidation ProcessesLinks Spreadsheets to Consolidation Processes

Common MS Excel Add-in

Multi Source Read/Write

Integrated real-time pivot or formatted reporting

Access and run BPM processes

Deliver Web forms for data collection and reporting

Supports Smart Tags for integrating reports and views from Financial Reporting and Web Analysis

System 9 Planning System 9 Financial Management

System 9 BI+

System 9Financial Reporting

System 9Web Analysis

ENTERPRISE PLANNING

FINANCIAL MANAGEMENT AND CONTROL

TAILORED BPM APPLICATIONS

Page 23: HFM Overview

New InterCompany(Agency) Detail ModuleNew InterCompany(Agency) Detail ModuleReduces Complex Closing CyclesReduces Complex Closing Cycles

Bridges interCompany/Agency details between ERP and BPM

Captures and matches details at the invoice level

Collaboration capabilities for conflict resolution

Preventative Control – better than Detect control

Page 24: HFM Overview

Financial Data

Quality

Audit Trails Integrate SOX questionnaires Store current and historical

mapping definitions Store supporting documents

Data Collectionand Transformation

Read and interpret any G/L trial balance file

Mapping validation against target system dimensions

Data integrity checking against data validation rules

Internal Controls Source financial document archival

Prepackaged audit and internal control reports

Comprehensive role based security

RepeatableProcesses

Single standard and defined solution for any target application

Standardized database schema Standard upward data certification process

Financial Data Quality Management Financial Data Quality Management (UpStream) (UpStream)

Page 25: HFM Overview

EAI Import

Workflow / Audit

Financial Data QualityData Movement BPM SystemSources

Validate Export Check

RelationalConnector

Consolidations

Planning

Analytics

Scorecards

Financial Data Quality Easily Integrates With Financial Data Quality Easily Integrates With Financial Management SolutionsFinancial Management Solutions

Page 26: HFM Overview

Expanded Cell Text and Document Expanded Cell Text and Document Links Reduces Costs of ComplianceLinks Reduces Costs of Compliance

Explanatory cell text expanded from 256 to over 2000 characters

Can also attach MS Word documents for additional detail

Provides more detailed annotations for management or auditors

Process Management and Cell-level Doc attachments

Shortens audit process and reduces costs

Page 27: HFM Overview

Hyperion Enterprise – Continued Commitment

Financial Management Overview

Summary – Comparing Financial Management to Hyperion Enterprise

Financial Management Migration Assistant

Page 28: HFM Overview

Summary: Comparing Hyperion Summary: Comparing Hyperion Enterprise to Financial Enterprise to Financial ManagementManagement

Part of Integrated Business Performance Management Suite

Object-oriented reporting

Easy to customize Web UI

Process work flow

Client-Server architecture

Built to unify all financial data

Distributed deployment + some Web

Scalability to 1000s of users

Web-architected centralization

12 “Smart” dimensions

Hyperion EnterpriseHyperion Financial Management

4 fixed dimensions

Built for consolidation process

Standalone financial application

HTML programming required

N/A

N/A

24/7 support Offline maintenance and backup

Robust controls and audit trails; helps with SOX/OMB A123 compliance

Some controls and audit trails

Page 29: HFM Overview

Hyperion Enterprise – Continued Commitment

Financial Management Overview

Summary – Comparing Financial Management to Hyperion Enterprise

Financial Management Migration Assistant

Page 30: HFM Overview

Financial Management Financial Management Migration AssistantMigration Assistant

Reduces migration time.

Allows you to spend more time on the design of your Hyperion Financial Management application.

Handles the migration of entities, accounts, currencies, sub-accounts, sub-structures and other meta-data as well as data.

User options to aid the meta-data migration in order to facilitate an efficient migration.

Page 31: HFM Overview

SummarySummary

Hyperion Continues to Support and Enhance Enterprise, but are you outgrowing?

Financial Management Helps Reduce Reporting Cycles, Lowers Cost of Compliance and Unifies Financial and Non-Financial Information

600+ Customers are Reaping the Benefits – What’s Your Strategy?

Additional Info: Enterprise to HFM Case Study

Enterprise to HFM White Paper

Enterprise Support Matrix, HFM Support Matrix

Page 32: HFM Overview

Eric McNuttDelta Solutions &

Technologies

SOLUTION SPOTLIGHT

Page 33: HFM Overview

HFM Solution at a Federal HFM Solution at a Federal AgencyAgency

Enhance financial reporting process

Decrease cycle time for producing financial statements

Increase internal controls throughout the reporting process

Streamline the reconciliation process

Page 34: HFM Overview

Talking PointsTalking Points

Configuration of the 12 dimensions to accommodate Federal reporting requirements

Statement of Net Cost allocations

FACTS reporting

Journal Process/Internal Controls

Treasury Interface

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SummarySummary

Robust, sustainable and flexible configuration that easily absorbs changes in Federal reporting requirements

Effective system design minimizes the need for additional business rules and calculations

Manual processes eliminated, replaced with automated processes that are easily audited

Drastically reduced reporting cycle, allowing staff to spend time analyzing data not gathering data

Page 47: HFM Overview

Joe McIntyreDepartment of Justice

&

Julie TaoDepartment of Commerce

PANEL DISCUSSION

Page 48: HFM Overview