Enterprise to Hyperion Financial Management - Advanced DataTools

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Nov 10, 2013 (3 years and 11 months ago)

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The Global Leader in
Performance Management


John R. Green


Maurice Claggett


Eric McNutt


DC HUG Meeting: June 5, 2006


HYPERION


FINANCIAL
MANAGEMENT

AGENDA


Hyperion Financial Management Introduction




Hyperion Financial Management vs. Hyperion Enterprise




Hyperion Financial Management Solution Spotlight




Hyperion Financial Management Customer Discussion Panel




Q & A

Post Enron World

-

accountants are cool again!

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

“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
-
2008

IDC,

#31633 July 2004

Hyperion’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% 2
nd

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)

Financial Management Leadership

#1 in Financial Consolidation

#1 in Budgeting & Planning


#1 Market Share Leader

#1 in Financial Analytics

WEB

Financial Management

Today

335+ Customers, 100 Referenced


A Long History of Financial Solutions

Global Functionality

Scalability

WINDOWS

Hyperion Enterprise

1991

3500+ Satisfied Customers

Micro Control

DOS

1981

20+ Years Helping with Compliance

Award 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

Monitor

Enabling the Federal Management Cycle

Model

Plan

Analyze

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

Addressing Today’s Compliance Needs



IAS 2005

EU 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 Certify

Submissions contain audit trail

Sarbanes
-
Oxley Act

Section 404


Internal Control Report

Mandatory review/approval procedures

Section 401


Conditions for Use

of non
-
GAAP Financial Measures

Multiple organization hierarchies and

chart of accounts

U.S. Auditing Standards Require

Autonomy from transaction systems

Accelerated Reporting

Web solution, I/C reconciliation, Journals
















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 Features

Fast time to benefit and high return on investment!

Hyperion 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




Maurice Claggett

Sr. Solutions Architect

Advanced Technology Group

HFM vs. Enterprise


Hyperion Enterprise


Continued Commitment


Financial Management Overview


Summary


Comparing Financial Management to
Hyperion Enterprise


Financial Management Migration Assistant

Hyperion Enterprise Continued
Commitment


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



Quick 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




Hyperion Enterprise


Continued Commitment


Financial Management Overview


Summary


Comparing Financial Management to
Hyperion Enterprise


Financial Management Migration Assistant

Hyperion System 9

Financial 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

Financial Reporting


Object
-
Oriented
Reporting


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

Smart View


for Office

Links 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 9

Financial
Reporting

System 9

Web Analysis

ENTERPRISE
PLANNING

FINANCIAL
MANAGEMENT
AND CONTROL

TAILORED BPM
APPLICATIONS

New InterCompany(Agency) Detail Module

Reduces 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

Financial
Data
Quality

Audit Trails


Integrate SOX questionnaires


Store current and historical
mapping definitions


Store supporting documents


Data Collection

and 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

Repeatable

Processes



Single standard and


defined solution for any


target application



Standardized database schema



Standard upward data certification process

Financial Data Quality Management
(UpStream)

EAI

Import

Workflow / Audit



Financial Data Quality

Data Movement

BPM System

Sources

Validate

Export

Check

Relational

Connector

Consolidations

Planning

Analytics

Scorecards

Financial Data Quality Easily Integrates With Financial
Management Solutions

Expanded Cell Text and Document Links
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


Hyperion Enterprise


Continued Commitment


Financial Management Overview


Summary


Comparing Financial Management to
Hyperion Enterprise


Financial Management Migration Assistant

Summary: Comparing Hyperion
Enterprise to Financial Management



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 Enterprise

Hyperion 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


Hyperion Enterprise


Continued Commitment


Financial Management Overview


Summary


Comparing Financial Management to
Hyperion Enterprise


Financial Management Migration Assistant

Financial Management

Migration 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.


Summary


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






Eric McNutt

Delta Solutions & Technologies

SOLUTION
SPOTLIGHT

HFM Solution at a Federal Agency


Enhance financial reporting process


Decrease cycle time for producing financial
statements


Increase internal controls throughout the reporting
process


Streamline the reconciliation process

Talking Points


Configuration of the 12 dimensions to accommodate
Federal reporting requirements


Statement of Net Cost allocations


FACTS reporting


Journal Process/Internal Controls


Treasury Interface

Summary



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








Joe McIntyre

Department of Justice


&


Julie Tao

Department of Commerce

PANEL DISCUSSION