altius, inc_overview
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Enterprise Performance Management Solution Overview
Merging Technology with Process Expertise
Since 1993, Altius has been helping companies better understand the data that drives their organization through our products, consulting services and support.
We are practitioners who have personally managed hundreds of successful business intelligence initiatives in the oil, gas and energy space.
Make The RightDecisions For Your Business
Our FlexMI product suite has enabled companies, both large and small to streamline the manual, time consuming business processes associated with financial and operational data. FlexMI has been used globally for financial planning, production tracking, capital expenditure tracking and many other business function requirements.
About AltiusAltius has developed technology solutions, that we combine with our process expertise to continually
deliver strategic value in response to changing industry demands.
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About AltiusFinancial Business Process Focused
• Budgeting, planning and forecasting• Production and reserves accounting• Authorization for Expenditure (AFE)• Supply chain bid management
Energy Experts• Focused on Upstream oil and gas vertical • Supermajor client for over 15 years• Built the planning systems for BP’s Exploration and Production division • Updated the financial planning system for Kosmos Energy
• BPM Partners ‘Best New Vendor’ for 2015 • Altius received a 4.75 out of 5 customer satisfaction rating –
outperforming our key competitors in 13 out of the 14 listed attributes.
Award Winning Product• Over 20 years experience delivering data management solutions • Deployments in every major country • Over 3,000 business users globally
Established Consultants
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Our Vision
We take the time to understand each client’s business and strategic goals. Ex. bringing in cloud technology.
Align Strategy
Using a consultative approach, we partner with clients to define their business process and apply best practices.
Business Process
We then implement our technology solutions that lay the foundation for data integration and accessibility.
Solution
“The value of business processes has often come from consistency. As organizations move beyond standardizing to best practices and toward flexibility and agility, analytics enables the enterprise to adjust business processes on a case-by-case basis.”
-Gartner
We couple our business-process experience with consulting thought-leadership to design a technology solution that best meets each companies needs and strategy for today as well as down the road.
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FlexMI Platform A powerful platform for delivering data management solutions.
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Tailored consolidation models and workflow orchestration.
Customizable
Easily bring in data from other source systems such as ERP, for rapid multi-dimensional analysis of data.
Advanced Analytics
Native Excel connectivity means a user-friendly and familiar environment. Most implementations can be completed in 6-8 weeks with minimal training.
Ease of Adoption
Audit trail an data versioning to facilitate compliance (e.g. Sarbanes Oxley)
Compliant
Tailored Models The business model is the heart and soul of an organization, and no two are exactly alike
• ‘Model Agnostic’ platform • Data model is configured to mirror business
structure• Data stored in a self-consolidated multi-
dimensional cube • ERP integration and mapping
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Dashboard & Reports
High quality visuals and self-service reporting drive better analysis in less time
• Web & Mobile Dashboards• Ad hoc analysis via Excel• Print & Presentation Ready• Centralized standard reports• User defined custom reports• Underlying data accessible existing in-house
reporting investment
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Process & SecurityWe partner with each of our clients from the beginning, offering a consultative approach that aims to truly understand problems
and challenges in their current business process. We can then apply a workflow engine and security controls with the aim of automation and improved efficiency.
Limitless configurationWorkflow Engine
• Multi-step approvals• Delegation of authority• Ad-hoc routing• Real time notifications
Limitless options
• Fine grained, hierarchical security
• Ensure the right cells and formulas are locked down
Role-based Security
Full process and data audit trail
Complete Visibility
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More often than not, we help clients uncover a wide array of gaps and issues regarding their business processes—related to how users handle information in the present, as well as information that will be needed and wanted for the
future.
1st
2nd 3rd
4th
The number of times a user has submitted data to the system.
How long approvals have waited in the queue.
2nd Statistic
What departments submit budgets on time, and which are consistently
late.
1nd Statistic
3nd Statistic
4nd Statistic
Process bottlenecks tracked back to approvers.
Discover hidden information that fundamentally affects your planning process. Create business value and a competitive advantage through improved understanding of company data – at both the process and people
level.
Meta Analytics
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These analyses can be helpful in identifying key areas of the business process that need work or improvement, as well as identifying people that might be consistently contributing to those issues, and finding appropriate
solutions. Most EPM vendors do not provide this critical piece of the process-management puzzle.
Dynamic Scenario PlanningManaging the unprecedented uncertainty in global energy markets requires a flexible approach and the
ability to alter tactics as market conditions change. We design solutions that help predict the future, so you can be prepared for the unimaginable. Quickly build scenarios, adjust plans and make better strategic
decisions.
• Eliminate the need to submit multiple iterations of data to model changing assumptions
• Dynamically model scenarios in real-time
• Perform strategic prioritization & optimization
Improve PredictiveCapabilities
20182019
20202021
20222023
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20262027
20282029
20302031
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Year
Turn
over
LowHighBase
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By using Altius’ dynamic scenario planning, you can maximize long-term value creation while avoiding expensive mistakes in the short term.
Market InsightsBy 2018, most business users and analysts in organizations will have access to self-service tools to prepare data for analysis as part of the shift to deploying modern BI platforms. - Gartner
Financial Performance Management Solutions boost forecasting and performance analysis – The Forrester Wave™
SaaS differentiates newer offerings from traditional deployments models - Forrester
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Future ProofThe market is shifting towards cloud-based solutions that deliver a shorter time-to-value and improved
ease of use - Gartner
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• FlexMI can be delivered either on premise or cloud hosted, with the ability to seamlessly migrate between the two
• Support for modern browser, desktop and internet technologies
• Platform adapts to changing business models
• Business user-driven administration• License includes all major and minor
version updates regardless of deployment type
• Scalable from 5 to 5,000+ users
Use Case: The Power of FlexMI• Evergreen budget and planning process for both corporate and business
functions• Forecast period for ‘Life of Field’ at yearly granularity with near
term budgeting• Financial & operational data stored alongside each other for full
business view • Automatic calculation of net-down, gross-up, risking, phasing
• Entire cycle is controlled by the business – including versioning, resubmission, variance reporting• All prior submissions available for online ad-hoc reporting
• Multiple spreadsheet templates – owned by the business – tailored for specific data collections – e.g. different template for corporate vs. functional capex
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Use Case: The Power of FlexMI
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• Data quickly available for consolidated reporting within 10 minutes of submission
• Actuals data mapped from accounting platform and available immediately after period close
• Platform automatically performs intercompany eliminations to allow perfect reconciliation to actuals
• Data secured per user, down to lowest level project if required• Ancillary system (same platform) used to generate & approve
Authorization for Expenditures (AFEs)• Dynamic AFE approval workflow including delegation of authority• AFE elements generated in accounting platform• Actuals flow back into planning system with correct AFE allocation
Client TestimonialsSee what our energy customers have to say about Altius’ products, people and services.
“ FlexMI is nimble enough that we can make updates and still deliver accurate data. There’s no doubt this will help us compete better in the industry.”
“My favorite aspect of working with Altius is the level of service provided to me. Each time I reach out to my Altius representative, I’m dealing with a very informed consultant.”
Corporate Planning and Finance AdvisorKosmos Energy
Oil & Gas Project Team LeadBP
Sr. Planning AnalystKosmos Energy
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“ AFE Tracker has shortened the process of reviewing, approving and signing AFEs by more than half.”
Vendor ComparisonAltius prides itself on providing a significant cost savings compared to larger Enterprise Performance
Management (EPM) vendors. Our Software as a Service (SaaS) model allows us to offer a pricing structure that eliminates costly implementation fees, software licenses, and annual maintenance charges.
Licensing Consulting Implementation
Chart shows the Altius solution Flex Planning compared to Oracle Hyperion for an on
premise deployment of 25 business users.
Oracle HyperionAltius
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Shorter time-to-value & improved ease of use
• Fast implementation• Low TCO• Simple licensing• Complimentary implementation
services• Complimentary professional
services
We provide key resources to help drive innovation for your performance management activities.
Make The RightDecisions For Your Business
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Thank youWe look forward to helping finance own the role of Business Partner, by bringing in technology
that transforms business processes.
2245 Texas Dr., Suite 150, Sugar Land, Texas Phone : +1 832 476 6250
Email : [email protected]
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