transparency, productivity and what-if modeling with hpcm
DESCRIPTION
A real-life example of an HPCM implementation, replacing an existing cost allocation solution (Prodacapo). The key features of HPCM will be reviewed, underlining the benefits provided in terms of Productivity, Traceability and Reporting and Analysis.TRANSCRIPT
Alecsandra Mlynarzek
June 12, 2012
Slide 2
Agenda
Introduction
Focus areas
Benefits realised with HPCM
3 things to remember
Q&A
Slide 3
Oracle Platinum partner
Focus solely on Oracle Hyperion Applications and technology
Global multiproduct implementations
1200 projects
700 clients
EDGEWATER RANZAL
Slide 5
Skandia
ROLLOUT
“ When it comes to investing, you need to have confidence in the company you’re dealing with. ”
Leading long term savings and wealth management group
They manage 33.4 billion in funds
Since 1979
Part of Old Mutual group
Slide 6
Agenda
Benefits realised with HPCM
3 things to remember
Q&A
Focus Areas
Introduction
Slide 7
Key focus areas for Skandia
1)A B C 2)Performance with data loads 3)Performance with data exports 4)Traceability 5)Reporting capabilities 6)Currency conversions 7)Changes to allocation model
Slide 8
As simple as A B C?
ABC : Method of assigning costs to products or services based on the resources that they consume. ROLLOUT
Source Destination Drivers Accuracy Traceability
Slide 9
ABC in Skandia
From …. To…… Accounts by Cost Centre ‐> Resources by Cost Centre ‐> Activity by Cost Centre ‐> Cost Drivers ‐> Products
ROLLOUT
Stage Nb Stage Name
Business Dimension 1
Business Dimension 2
Default Driver Dimension
Allow Intra-Stage?
1 Expense Account CostCentre Account N
2 Resource Resource CostCentre Resource N
3 Activity Activity CostCentre Activity Y
4 Cost Driver Cost Driver CostDriver N
5 Product Product AllocProduct N
Slide 10
Key focus areas for Skandia
1)A B C 2)Performance with data loads 3)Performance with data exports 4)Traceability 5)Reporting capabilities 6)Currency conversions 7)Changes to allocation model
1)A B C 2)Performance with data loads 3)Performance with data exports 4)Traceability 5)Reporting capabilities 6)Currency conversions 7)Changes to allocation model
1)A B C 2)Performance with data loads 3)Performance with data exports 4)Traceability 5)Reporting capabilities 6)Currency conversions 7)Changes to allocation model
1)A B C 2)Performance with data loads 3)Performance with data exports 4)Traceability 5)Reporting capabilities 6)Currency conversions 7)Changes to allocation model
1)A B C 2)Performance with data loads 3)Performance with data exports 4)Traceability 5)Reporting capabilities 6)Currency conversions 7)Changes to allocation model
Slide 11
Agenda
3 things to remember
Q&A
Introduction
Benefits realised with HPCM
Focus areas
Slide 12
2)+3) Productivity improvement
Why ? How ?
Data Management
Metadata transformations
EPMA integration
Slide 13
4) Traceability Why ? How ?
Tracking back the numbers…
Complex allocation steps
Traceability map & genealogy
Slide 14
Traceability matrix
Slide 15
Allocations and Model Balancing
Slide 16
5) WA and FR Why ? How ?
Reporting capabilities
Reports in Excel
Essbase ASO – optimised for reports
Slide 17
6) Currency Conversion Why ? How ?
Multi‐currency
Not supported in current solution
Essbase engine
Slide 18
7) Flexibility and Agility Why ? How ?
Changing the model & What if analysis
Difficulty for business to support model changes.
Model new versions and compare outcomes.
Slide 19
What if analysis
Slide 20
Delete a POV
Slide 21
Setup drivers
Slide 22
Creating new assignments
Slide 23
Changing assignments
Slide 24
Agenda
Focus areas
Q&A
Introduction
Benefits realised with HPCM
3 things to remember
Slide 25
3 things to remember
• Business user driven • Accuracy and traceability • Lower cost of ownership
Slide 26
3 things to remember
• CONTROL
• CONFIDENCE
• EFFICIENCIES
Slide 27
Agenda
Focus areas
Introduction
Benefits realised with HPCM
3 things to remember
Q&A
Slide 28
Questions & Answers
Thank You!