oracle financial analytics implementation methodology

7/29/2019 Oracle Financial Analytics Implementation Methodology

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Oracle Financial Analytics

Implementation Methodology

Glenn Kretkowski, Hologic Inc.

Sravan Daggupati, Apps Associates LLC.


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About Speakers

Glenn Kretkowski Director- Business Applications at Hologic, Inc.

Manage the Applications Support and Report Development Team at

Hologic, Inc

Sravan Daggupati Practice Manager, at Apps Associates LLC.

Manage the OBI Applications Implementation and support.


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Hologic Inc Hologic, Inc. (NASDAQ: HOLX) is a leading developer, manufacturer

and supplier of premium diagnostics, medical imaging systems andsurgical products dedicated to serving the healthcare needs of women.Hologic leads the industry in digital mammography systems and offersthe most advanced technology for breast imaging and breast biopsy.

Hologics core business units are focused on breast health, diagnostics,

GYN surgical, and skeletal health.

Hologic provides a comprehensive suite of technologies with products

for mammography and breast biopsy, radiation treatment for early-stage breast cancer, cervical cancer screening, treatment formenorrhagia, osteoporosis assessment, preterm birth risk assessment,and mini c-arm for extremity imaging.


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44

Offices in USA, Germany and India

Founded in 2002 with >100 % growth everyyear for last 5 years:

Inc. 500 list of fastest growing U.S.companies

Over 250 employees (end of Q3 2008) withstrong local presence

Management & Sr. Consultants: 75% former

Oracle employees

Making Global Delivery Feel Closer To Home

Apps Associates LLC


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Agenda

Introduction

Stakeholders

Roadmap

Proof of Concept Gap Analysis

Customizations

Reconciliation

Security

Conclusion

Q&A


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Oracle Financial Analytics, part of Oracle Business IntelligenceApplications, enables the finance and accounting department toimprove the cash flow, lower the costs, and increase theprofitability.

Monitor DSOs and cash cycles to manage working capitals,collections, receivables risk. Monitor DPOs and asses cashmanagement, monitory operational efficiency to lower thetransaction cost.

Manage financial performance across locations, customers,products, and territories. Key performance Indicators andhundreds of reports help to understand the profitability driversacross organization.

What is Oracle Financial Analytics


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Whats in Financial Analytics


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Subject Area Description

Financial GLBalance Sheet

This is a summary subject area that provides the ability to draw acomplete balance sheet as well as many financial ratios tounderstand the financial health of the company. Further this subjectarea provides the ability to slice and dice GL balances by GL

accounts, GL segments, company and chart of accounts.

Financials GLBudget &Expenses

This subject area provides the ability to report expenses bycompany, cost center, GL accounts, GL segments and comparisonwith budget to perform variance analysis.

Financials GL

cash Flow

This subject area provides the ability to draw a complete cash flow

statement at the company level as well as any other business unitby which cash flow can be constructed.

Financials GLDetailTransactions

This subject area provides the ability to analyze the GLtransactions by various dimensions such as GL account, costcenters, GL segments, chart of accounts and more.

GL Subject Areas


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GL Dashboard


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GL Reports

Cash Flow Summary

Expenses by Category

Top 10 cost centers by expenses

Operating cycle & Cash Cycle

Net Working Capital Summary

Monthly Balance Sheet Quarterly Balance sheet

Monthly Cash Flow

Quarterly Cash Flow

Expense vs. Budget by cost center

Budget vs. Actual by GL Account and Cost Center

Net Working Capital

Gross Margin and Cash Margin

Payables Turnover Receivables Turnover

Inventory Turnover

Long Term Assets Turnover

Total Assets Turnover

Short-Term Liquidity (Current ratio)

Short-Term Liquidity (Quick Ratio)

Days Cash in Hand

Cash Ratio (Cash to CL)

Capital Expenditure Coverage

Debt to Equity

Interest Coverage Debt Coverage

Debt to Asset

Total Liabilities Composition

GL account Balance

Current Assets Composition

Current Liabilities Coverage

Days Payables Outstanding

Days Sales Outstanding Expense Details for Cost Centers

Inventory Days

Total Cost Centers Expense Trend

Total Expenses Trend

Working Capital Turnover


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Profitability Subject Areas


FinancialProfitabilityCompany

This is a summary subject area that provides the ability to analyzethe company profitability such gross margins, operating margins,return on assets as well as ability to construct complete incomestatements. The income statements and the financial ratios can beanalyzed by company, business units and associated hierarchies.

FinancialsProfitabilityCustomer

This subject area provides the ability to analyze customerprofitability at the gross margins as well as operating margin level.Some of the costs at the operating margin level are the allocatedcosts which are captured in the data model.

FinancialsProfitabilityProduct

This subject area provides the ability to analyze product profitabilityat the gross margins as well as operating margin level. Some ofthe costs at the operating margin level are the allocated costswhich are captured in the data model.


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Profitability Dashboard


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Profitability Reports

Profitability Returns

Profit & Loss Quarterly

Cost Breakdown

Product Gross Margin

Customer Gross Margin

Profit & Loss Quarterly

Profit & Loss-Quarterly YTD

Profitability Returns Trend Key Cost Ratio Trends

Return on Asset Drivers

Return on Equity Drivers

Revenue Trend

Revenue Performance by product category

Top 10 Products by Revenue

Top 10 Customers by Revenue Revenue Performance by products and

customers

Product Profitability by Product Category

Product Profitability Statement

Top 10 Rev. Contributing Products with

Margins

Direct vs. Allocated expenses for products

Top 10 lowest margin products

Top 10 Products by operating margin

10 Least profitable products

Top 10 products by Marketing Investments Top 10 Products by sales expenses

Top 10 Products by service expenses

Customer Profitability by Customer category

Customer Profitability Statement

Direct vs. Allocated expenses

Top 10 Customer by expenses

Top 10 Customer by operating profit

Top 10 Customer by sales expenses

Top 10 Customer by service expenses

Top 10 Customer by Marketing expenses


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Receivables Subject Areas


Financials ARBalance

Analysis of AR Balances by Company, Customer, Customer Accounts, GLAccounts and associated hierarchies.

Financials ARInvoice Aging

This is a detailed subject area that provides summary aging balances aswell as the ability to drill down to invoice transactions. Provides aginganalysis from two different perspectives, one with respect to invoice date

and the other one with respect to payment due date. The one withpayment due date provides analysis of cash flow expected by those duedates. This subject area also provides due and overdue balances aged bypredefined buckets. Further this subject area provides the ability to drilldown from these aging balances to invoice transactions.

Financials AROverview

This is a summary subject area that provides the ability to report on aging,payment performance, customer balances, due and overdue balances,transaction cycle times across customers, company, customer accountsand associated hierarchies.

Financials ARTransactions

This detailed subject area provides the ability to analyze invoiceaccounting transactions at the most granular level.


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Receivables Dashboard


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Receivables Reports

AR Largest Customer Overdue Balances

Invoice Transaction Efficiency

AR Overdue Payments Overview

Payment Performance

Aging Report

AR Aging by Customer Category

Top 10 Customers by AR BalanceTop 10 Customers by Credit Limit Used %

AR Payments Due Aging Report

AR Payments Overdue Aging Report

Top 10 Customers by Overdue Balances

Top 10 Customers by Payments Due in Current Quarter

AR Payments Due in Payment Month

Top Multiple Invoice Issuances for Same Sales OrderTop 10 Customers by Average Payment Days

Staff Productivity Report

Aging Report by Collector

Number of Adjustments

Invoice Transaction Efficiency

Invoice Management Efficiency

Payment Performance

Invoice Amount vs. Payment AmountTop 10 Customers by Payments

Trend of Credit Limit Used %

AR Due Aging Report

AR Overdue Aging Report

Open Invoice Details

Invoice Transaction Details

Top 10 Customers by # of InvoicesDSO Monthly Trend


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Payables Subject Areas


Financials APBalance

Analysis of AP Balances by company, supplier, supplier accounts, GLAccounts and associated hierarchies

Financials APInvoice Aging

This is a detailed subject area that provides summary aging balances aswell as ability to drill down to invoice transactions. Provides aging analysis

from two different perspectives, one with respect to invoice date and theother one with respect to payment due date. The one with payment duedate provides analysis of cash flow expected by those due dates. Thissubject area also provides overdue balances aged by predefined buckets.Further this subject area also provides ability to drill down to invoicetransactions from aging balances

Financials APOverview

This is a summary subject area that provides the ability to report aging,payment performance, supplier balances, transaction cycle times acrosssuppliers, company, supplier accounts

Financials APTransactions

This detailed subject area provides the ability to analyze invoice accountingtransactions at the most granular level.


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Payables Dashboard


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Payables Reports

Payables Snapshot

AP Aging Report

AP Aging by Supplier Group

AP Payments Due Aging

AP Payments Overdue Aging Report

Top 10 Suppliers by Payments Due in Current

Quarter

Top 10 Suppliers by Overdue Amounts

AP Payments Due by Payment Due Date

Top 10 Suppliers with lowest average payment

days

AP Payments Overdue Aging Report by

SupplierAP Payments Due in Payment Month (By

Supplier)

Top 10 Suppliers by Paid Before Due Count

Invoice Transactions Efficiency

Top 10 Suppliers by # of Invoices

Top 10 Suppliers by AP Balance

Staff Productivity Report

Number of Adjustments

Top 10 Payments by Suppliers

DPO Monthly Trend

DPO Monthly Trend by Supplier

AP Aging Report by Supplier

AP Payments Due Aging by Supplier

Payment Performance by Supplier

Open Invoice Details

AP Transaction DetailsPayment Performance

Invoice Transactions Efficiency


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Roles benefiting


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Implementation Core Team

Functional

(Finance, Accounting, Receivables, Payables Business)

Business Owner (PT)

Analysts (PT)

Users (PT)

Technical

BI Project Manager (PT)

ETL Developers (FT)

OBIEE Developers (FT)


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Methodology

Project Initiation

Configure to First Run

Business Review

Redesign and Customize

Reconciliation and User Acceptance

Security

User Training Production Support and Change Control


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Roadmap


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OBIA Components

OLTP- EBS, PSFT, Siebel CRM, Others

Prebuilt ETL Processes

Data Warehouse Administration Console

Prebuilt Warehouse- OLAP

BI Repository

Presentation CatalogSecurity

Training

Integration


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Prebuilt warehouse with more than 15 star-schemas designed for analysis

and reporting on Financial Analytics

Prebuilt Warehouse


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Prebuilt ETL

Prebuilt ETL to extract data from over 3,000 operational tables and

load it into the DW, sourced from SAP, PSFT, and other sources.


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Data Warehouse Administration Console


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Oracle Business Analytics Warehouse


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Prebuilt Metadata

Pre-mapped metadata, including embedded best practice calculations and

metrics for Financial, Executives and other Business Users.


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Gap Analysis

Account Groupings

Viewing Sub ledger Details

Inter-Company Transactions

Expense Reports

Impact of Application Customizations.

Incorrect Data at Source


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Customization

Exclude or Include Inter companytransactions, Expense reports

Adding Discount information to the Payables

Changing the groupings for P&L, BalanceSheet.

Micro ETLs for Intra day loads.

Additional Reports based on DFF attributes. Customizing dashboards to slice data by Site,

divisions.


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Security

Data level security Operating Unit

Ledger

Shared Responsibilities between Oracle E-Business

Suite & BI Applications

Login once to E-Business Suite

Launch OBI dashboards from E-Business Suite.

Guided Navigation & Action Links from OBI to E-Business Suite

Integrating with Portal Application.


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Reconciliation

Oracle Seeded Reports

Discoverer Views

Automating Reconciliation with custom scripts

OLAP to OLTP

Dashboards to OLAP


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Conclusion

Influence the Business results with rightinformation at right time.

Optimize Decision making process based onthe facts and single source of truth.

Adhere customization guidelines to preserveas part of upgrades or patches.

Automate Reconciliation.

Secure data reporting.


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