rapidly deploy budgeting and forecasting with oracle and perficient
Post on 18-Nov-2014
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Rapid ROI with Perficient & Oracle PBCS
Presenters
Santhosh Nair
General Manager, Oracle EPM
Perficient
Jennifer Toomey
Senior Product Marketing Director
Oracle
Brian Shepard
Solution Architect, Oracle EPM
Perficient
Gordon Hofman
Vice-President of Finance
SSA Marine
Agenda
• About Perficient
• Plan for Profitable Growth – Oracle PBCS
• Overview of PBCS – Key Features & Benefits
• Perficient’s Fast Forward for Hyperion Planning
• SSA Marine – Customer Case Study
• Q/A Session
• Next Steps
About Perficient
Perficient Fast Facts:
• Publicly traded on NASDAQ
• Founded in 1997
• $425 million in annual revenues
• 2200+ employees
• Flexible delivery options
• Oracle Platinum Partner
• 15+ year partnership with Oracle
• 1,800+ Oracle projects
• Industry verticals: Healthcare, Oil & Gas, and Financial Services
• Oracle practices: ERP, EPM, BI, CX, and Fusion Middleware/SOA
• Oracle certified training partner
Oracle Platinum Partner – Certified on the latest
Oracle product platforms and technologies, as well as
implementation and migration best practices.
- Oracle EPM (Hyperion) Practice
- Oracle ERP Practice
- Oracle Business Intelligence Practice
- Oracle CX Practice
- Oracle Middleware Practice
Oracle Authorized Education Center – Certified to
deliver the official Oracle course curriculum to
customers via onsite training classes. Perficient owns
and operates one of the national Oracle training
facilities listed on the Oracle website.
Oracle Specialized Partner – Certifications by Oracle
include: PBCS, HFM, Planning, and Essbase
Oracle Authorized Reseller – Certified on Oracle
licensing and authorized to resell licenses and
maintenance contracts
Oracle Partnership
Specialized
Planning Budgeting Cloud Service
Practice Started
Successful Projects
Service Capabilities
Education
Support Offering
Perficient’s Hyperion Practice
2002
500+
Hyperion Financial Managment (HFM)
Financial Data Quality Managment (FDM)
Planning (on-premise & PBCS)
Essbase
Data Relationship Management (DRM)
Data Relationship Governance (DRG)
Profitability Cost Mangment (HPCM)
Financial Close Management (FCM)
Account Reconciliation Manager (ARM)
Essbase Analytic Link (EAL)
Authorized Oracle Education Center
SupportNet
EPM/Hyperion
Specialized
Planning Budgeting Cloud Service
BUSINESS SOLUTIONS
Business Intelligence
Business Process Management
Customer Experience and CRM
Enterprise Performance Management
Enterprise Resource Planning
Experience Design (XD)
Management Consulting
TECHNOLOGY SOLUTIONS
Business Integration/SOA
Cloud Services
Commerce
Content Management
Custom Application Development
Education
Information Management
Mobile Platforms
Platform Integration
Portal & Social
Our Solutions Expertise
BUSINESS SOLUTIONS
Business Intelligence
Business Process Management
Customer Experience and CRM
Enterprise Performance Management
Enterprise Resource Planning
Experience Design (XD)
Management Consulting
TECHNOLOGY SOLUTIONS
Business Integration/SOA
Cloud Services
Commerce
Content Management
Custom Application Development
Education
Information Management
Mobile Platforms
Platform Integration
Portal & Social
Our Solutions Expertise
Transportation Consumer Goods/Media Oil & Gas/Chemical
Manufacturing Technology Higher Education
Healthcare Financial Services Energy
Hyperion Clients
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Plan for Profitable GrowthOracle Planning and Budgeting Cloud Service
Jennifer ToomeySenior Director, Product MarketingOracle Business Analytics
Oracle Confidential – Internal/Restricted/Highly Restricted
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
6 people?
25 people?
How Many People In Your Organization Are Involved in Planning and Budgeting?
EVERY MANAGER IN THE
ORGANIZATION!
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
It’s Efficiency that Counts.
Do More Inputs Result In More Accurate Forecasts?
TIME60 days to create forecast
QUALITY80% data collection
3%annual
revenue
Source: Hackett Group, Financial Executives International,
Buttonwood Group
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
of surveyed companies currently use
or will consider deploying EPM in the
cloud over the next year.
Finance sees the benefits of Cloud
Cloud Can Help
> 75%
Source: Oracle 2014 Top Trends Research
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Finance Sees the Benefits of Cloud
Source: Oracle 2014 Top Trends Research
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
The Oracle Advantage: Flexibility & Simplicity
ManagedBuild Subscribe
Private Cloud
Customer owns
license
Provider owns
infrastructure
Provider manages
Provider owns
infrastructure
Customer
manages
Customer owns
infrastructure
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Oracle Cloud
Oracle Planning and Budgeting Cloud Service
Infrastructure as a Service
Platform as a Service
Software as a ServiceSecure
PersonalizedConnected
Part of Oracle Cloud
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Oracle Planning and Budgeting Cloud Service
World Class Planning with the Simplicity of the Cloud
First-in-Class
FunctionalityFlexible
Deployment
Fast
Adoption
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Oracle Planning and Budgeting Cloud Service
• Core planning and budgeting functionality
• Web and Excel access
• Built-in multidimensional reporting managed by the planning application
• Built-in data integration
• 2 environments with each subscription: Production and pre-production
Copyright © 2014 Oracle and/or its affiliates. All rights reserved. |
Optimized for the Cloud
1. Application diagnostics with governors
2. Automated scaling based on user demand
3. Scheduled daily maintenance
4. Scheduled patches and version upgrades
5. Automated backup process
6. Excel based admin capabilities
7. Standard 3 plan types plus four reporting
environments
1. Intuitive, easy to use, landing page
2. Best practices for designing an application
3. Training videos and tutorials library included
4. Guided demo application included
5. Detailed task list template covering build,
test, and rollout phases
6. Deep MS Office integration
7. Ability to separate planning and reporting
Administration & MaintenanceAccelerate Adoption
Oracle PBCS – Key Features & Benefits
Oracle PBCS
Features & Benefits
• Best-in-class solution for financial
planning, forecasting and reporting
– Replaces spreadsheets
– Standardized allocations &
calculations
– Managed by Finance
• No upfront hardware or software cost
• Capital expense to operating expense
• Focus on business, not hardware
• Microsoft Office integration
• Scalable with changing business needs
• Powerful Essbase database engine
• Flexible deployment options
• Enterprise application as Cloud service
• ~ 3,800 Planning customers
Oracle PBCS
Implementation Perspective
• Implement Planning in weeks vs. months
• No waiting on IT or hardware
• No new tasks for IT
• Visual creation of hierarchies
• Real time collaboration
• Simplified data & metadata transfers to Cloud
• Model business drivers & rules
• Oracle support network
• Cloud components add value
• Backup and recovery
• Rapid deployment approach
• Build foundation, then grow in phases
Perficient’s Fast Forward for Hyperion Planning
Perficient Fast Forward
Overview
• Phase-1 Hyperion Planning
implementation
• High value, reduced cost
• Quick implementation
• Fixed fee
• Defined scope
• Rapid deployment methodology
• Multiple deployment options
including onsite & PBCS
• Pre-designed components based
on best practices
• Net new and existing clients
FAST FORWARD
FOR HYPERION PLANNING
DIMENSIONS
WEB FORMS & SMART VIEW
REPORTS
BUSINESS RULES & CALCULATIONS
DATA & METADATA
SECURITY
CUSTOMIZATION
Perficient Fast Forward
26
DimensionsStandard dimensions: Year, Period, Scenario,
Version, Entity, Account
Web Forms & Smart View Reports Planning web forms and Smart View reports
Business Rules & CalculationsRules to calculate and aggregate database
Data & MetadataProcesses to load data and build hierarchies
SecurityUsers and groups for Hyperion Planning
DocumentationApplication guides and project documents
Customization & Fine TuningBlock of consulting hours for customizations (i.e.
adding dimensions, web forms, reports,
calculations)
FAST FORWARD
FOR HYPERION PLANNING
DIMENSIONS
WEB FORMS & SMART VIEW
REPORTS
BUSINESS RULES & CALCULATIONS
DATA & METADATA
SECURITY
CUSTOMIZATION
SSA Marine and PBCS
Gordon Hofman
VP – Finance
SSA Marine
Company Overview
Panama
Chile
Colombia
Mexico
United States
New Zealand Vietnam
Canada
South Africa
Alaska
Locations
Company Details:
• Operations in 9 countries
• More than 150 companies
• Over 200 operating
locations
• ~50 joint ventures
• 5 business segments
• Privately held
• 10 day close for month end
• 80 day close for year end
• Annual forecasting
• Proprietary ERP
Old Reporting and Forecasting
• All reporting & forecasting done in
Excel
• Monthly reporting package for
parent company over 100 pages
• Many additional reporting
packages produced on a monthly
basis
• Budgeting and forecasting model
over 200mb
• Model built for only one business
segment
Challenges
• Complex organizational structure
• Multiple reporting structures
• Many unique operations
• Limited internal resources
• Minimal support from C-suite
Why PBCS?
• Alleviates the need to have large amounts of data in one file
• Allows for multiple organizational structures with easy transition
between the structures
• Easy to build multiple formats for forecasting
• No significant reliance on internal IT support
• Very scalable
The Results (So Far)
• Foundation for planning 95% built
• Multiple reporting structures created
• Historical data loaded from multiple sources
• Complex calculation required for bank reporting created
• Statement of Cash Flows generated from historical data and user inputs in test phase
• PBCS is much faster than prior third party hosting
• Oracle and Perficient have been very responsive in addressing issues as they arise
Please submit your questions into the chat box.
We will get to as many as possible, time permitting.
Thank you for your participation today.
Please fill out the survey at the close of this session.
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