Webinar: Chart of Accounts Alignment through Information Governance

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Webinar: Chart of Accounts Alignment through Information Governance"

Transcription

1 Webinar: Chart of Accounts Alignment through Information Governance Huron Presenters: Todd Weinstein Alex Vlaisavljevic August 28, 2014

2 Objectives & Agenda Webinar Objectives: Agenda Discuss the importance and value of Information Governance Provide examples of information governance in action Deliver recommendations to aid your Information Governance Journey Introductions Information Governance & COA Alignment Business Case Considerations Case Studies Recommendations 2

3 About Huron Analytics Huron Performance Management & Analytics 3

4 Information Governance Considerations Manage Complexity Information users need: Trusted and timely data Information management challenges: Data meaning Data ownership Data policies Data growth Data change Data quality Data sharing Data lineage Data access rights Data integration 4

5 Why is Information Governance Important? It is too costly not to have it! Costs Delayed and Poor Decisions -Result of inaccurate, incomplete and untimely data Redundant and Siloed Efforts - Decentralize data maintenance, duplicate efforts, disparate processes - Limiting data usage and lack of data sharing Lost Productivity - Investigating data issues, data reconciliations - Lack of data management accountability leads to repeatable issues Value Faster and Better Business Decisions - Made using consistent, reliable and timely information Maximized Utilization of Data Assets across the Enterprise - Common language of understanding of shared business data - Extended cross-functional data usage (e.g. cross-selling, additional analysis ) Increased Operational Excellence -Connects people, process and technology -Establishes data management accountability and aligns data management efforts 5

6 Information Governance Value Information Governance is a Program, not a Project Sustained data quality and extended usability over time. Governed Data Quality Peak w/o Information Governance Ungoverned Data 6

7 Common Information Governance Business Cases 2014 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

8 Departments in Rollup Reporting out of Sync Example 1a: Issues with Common Definitions across the Enterprise Data Source: Financial System HR System Board of Trustee Report Budget Model Org Chart Org Chart Organization Rollup: Student Services Student Services Student Support Student Support Admissions, Records, Registrar, and Fin. Aid Student Affairs Library Dean of Students Student Housing Athletics Center for Career Development Summer Housing Programs Student Medical Golf Tournament Annual Fund Athletics Admissions and Registrar Student Newspaper Financial Aid 8

9 Reporting out of Sync Example 1b: Issues with Disparate Data Sources, Timing of Data Updates Vehicle Center Accounting Report Vehicle Chargeouts 287 Central Sales Admin. Report Vehicle Chargeouts 282 Vehicle Operations Report Vehicle Chargeouts 285 Who has the right number? Challenges: Unclear data ownership Definitions not shared among end users Incomplete data used for analysis and business decisions Data management poorly coordinated or monitored Recommendations: Formalize data ownership and responsibilities Authorize and publish definitions (multiple definitions may be needed) Synchronize data distribution to enterprise systems 9

10 Inefficiency and Redundancy Example 2: Issues with Synchronizing COA Master Data across Enterprise Systems Challenges: Chart of Accounts are referenced in nearly all enterprise systems 50%+ of systems are synchronized manually Organization segment is most commonly referenced in enterprise systems *Oracle Data Relationship Management (DRM) Recommendations: Assign responsibility of master data maintenance for each enterprise system Implement technology solution such as DRM* to reduce maintenance effort Establish information governance process to manage changes 10

11 Underutilized Data Assets Example 3: Issues with Data Sharing Challenges: Although meaningful amount of data is collected in all parts of the organization/institution, it is not typically used to support decision-making Data may not be collected in a usable manner Recommendations: Identify key business processes and decisions that can be enhanced with additional data analytics Leverage data as strategic asset to differentiate operations from competition 11

12 Mini-Case Study COA Information Governance in Action at Fortune 500 Manufacturing Company 2014 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

13 Business Case Managing Complexity & Avoiding Risk 20 instances of multiple ERPs Oracle EPM Suite and Business Intelligence purchased Went through financial restatement Reduced complexity of managing integration of legacy and new systems Increased appetite for risk avoidance Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

14 Implementation Timing Key integration component of a corporate-wide initiative. Finance Transformation Goals: : Create a New, Simplified Corporate CoA Establish Global Standard and uniformly record transactions Redefine and rationalize enterprise accounting dimensions Replace Aged Tools Hyperion Enterprise with new Hyperion HFM and FDM for corporate consolidations M&D corporate ledger with PeopleSoft G/L Provide Robust Financial Analytics Multidimensional analysis via Essbase Create Finance Warehouse containing G/L data from 20 systems OBI EE to leverage dynamic CoA mappings - data view in Local and Global CoA Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

15 Initial Scope of DRM solution Foundations of Financial Master Data Governance 10 governed dimensions e.g. Account, Department, Entity 20 supporting hierarchies e.g. Ledger Sources, Entity Profiles ~ 55 local CoAs from more than 20 source systems ~ 50,000 account mappings varying levels of mapping granularity Finance Hierarchies CoA Mappings Request Workflow Master Data Integration ~ 150 users Up to 5 approval levels varying paths for each request type EPM FDM, HFM, Essbase Data Warehouse OBIEE Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

16 Finance Information Governance Structures Finance Information Management Council Members Finance Segment Directors Accounting Directors Assistant Corporate Controller Finance IT Director Management Team Members Enterprise Architect Data Governance Manager Corporate Fin. Sys. Manager Responsibilities Makes Decisions Sets Priorities Approve Policies Manages Escalations Responsibilities Facilitates Coordinates Defines Set Standards Recommends Executive Sponsor - CFO Fin. Council Management Team Working Group People Working Group Members DRM Architect Data Governance Analyst Finance Analysts Business Data Stewards Business Application SMEs IT Application SMEs Responsibilities Executes Monitors Measures Enforces Communicates Recommends Coming together is the beginning. Keeping together is progress. Working together is success. Henry Ford Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

17 Key Challenge Change Management Loosely structured manual spreadsheet based process. Well defined automated & integrated process. Before Implementation Commitment to Timelines Not Strictly Enforced - difficult to tell who dropped the ball or where is the ball - lack of tools and manual process Master Data Non-integrated and Manually Managed - tool specific deadlines resulted in suboptimal coordination - out of sync conditions across financial tool set Manual Process Lacked Controls and Auditability - errors and omissions considered to be a part of the process - limited and unreliable request history After Implementation Timely and Transparent CoA Requests Management - well aligned process with right tools - easy to use web-based interface to the master data repository Integrated and Centralized Master Data Management - highlighted importance of commitment to deadlines - timely synchronization across financial tool set Embedded Systems Controls and Audit Trail - enforced greater data quality - transparent and complete request history Organizational commitment to timely processing complete and accurate and master data requests. Low From To High Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

18 Business Benefits Realized Month-End Effort is No Longer Focused on Managing CoA Values and Mappings. Our Analysts Focus is on Analyzing the Business Results and Closing our Books. Assistant Controller Integrity, Consistency & Quality Do it right the first time and every time Enforcement through system controls Efficient processing Orderly Change Tribal knowledge vs. Transparency Streamlined Process Synchronized Master Data Distribution EPM, B.I. tools, ERP(s*) What tool is right question addressed Respond to changing business environment Acquisitions, Divestitures, Re-orgs, Regulatory Requirements Flexibility & Agility Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

19 Mini-Case Study COA Information Governance in Action at Higher Education 2014 Huron Consulting Group. All Rights Reserved. Proprietary & Confidential.

20 Chart of Accounts Redesign or Rationalize? UNIVERSITY OF CALIFORNIA, BERKELEY COA Redesign Case Study Chart of Accounts Redesign Project # Characteristic Redesign Rationalize A Segment Definitions B C Right Data Available for Reports COA Values Added/ Changed/Inactivated D # of Business Units and ERPs E General Ledger is Complemented by Sub-Ledgers Challenge An organization with 15 business units and 6 ERP systems struggled for years to produce consolidate financial statements. Further, the information provided at the corporate level did not although for meaningful analysis due to significant number of data mappings. Results A technology-agnostic chart of account design that met needs of all 15 business units Multi-segment design with an individual definition for each segment Roadmap to implement COA design to alleviate reporting challenges Lessons Learned All Business Units must agree to participate (and compromise) for successful design Redesigns take significantly more investment of senior leaders than a rationalization 20

21 Chart of Accounts Redesign or Rationalize? UNIVERSITY OF CALIFORNIA, BERKELEY COA Rationalization Case Study Chart of Accounts Rationalization Project # Characteristic Redesign Rationalize A Segment Definitions B C Right Data Available for Reports COA Values Added/ Changed/Inactivated D # of Business Units and ERPs E General Ledger is Complemented by Sub-Ledgers Challenge The organization was implementing an EPM solution and a revised set of management reports. The chart of accounts was identified as a limitation to completing the design of some reports. Results Clarified definition of each segment during stakeholder engagement exercises Inactivated duplicate values Inactivated unused/rarely used values Reorganized departmental hierarchy to align with changing business needs Added additional segment to meet new reporting needs Lessons Learned Stakeholder engagement is crucial to a successful implementation Providing tangible samples to stakeholders makes the content real Majority of work can be completed by staff 21

22 Summary Recommendations A primary lesson of history is that periodically, and often at the most inconvenient times, society needs to make a sharp break with old habits and deliberately learn new of ways of behaving. from Jumping the Curve, by Nicholas Imparato and Oren Harari Information Governance is important as it will help you deal with today s challenges: More information generated than any time in the past More data sources and data integration requirements More demand for sharing information across the enterprise Business customers expectation that information is timely and accurate (despite all of the above) Information Governance implementation is a multi-year journey Every journey starts with the first step. Initial steps to follow: 1. Assess organizational readiness for Information Governance 2. Start with the business case (consider COA as one of less controversial Master Data domains) 3. Get support of senior leadership 4. Identify decision making organizational structures 5. Leverage Change Management to socialize change 6. Enact and Oversee 22

23 Questions? Todd Weinstein (312) Alex Vlaisavljevic (312)

24

Implementing a Data Governance Initiative

Implementing a Data Governance Initiative Implementing a Data Governance Initiative Presented by: Linda A. Montemayor, Technical Director AT&T Agenda AT&T Business Alliance Data Governance Framework Data Governance Solutions: o Metadata Management

More information

Unwinding the Mysteries of DRM. Alex Ladd Sr. Partner MindStream Analytics

Unwinding the Mysteries of DRM. Alex Ladd Sr. Partner MindStream Analytics Unwinding the Mysteries of DRM Alex Ladd Sr. Partner MindStream Analytics Agenda Introduction Audience Participation Today s Goals DRM Intro Favorite Quotes Getting More Value DRM & EPMA Integration outside

More information

Asen Computer Associates

Asen Computer Associates Performance Driven by Data Enterprise Performance Management Applications Oracle s Hyperion Financial Management Disclaimer This document is intended to provide general information about enterprise performance

More information

Why is Master Data Management getting both Business and IT Attention in Today s Challenging Economic Environment?

Why is Master Data Management getting both Business and IT Attention in Today s Challenging Economic Environment? Why is Master Data Management getting both Business and IT Attention in Today s Challenging Economic Environment? How Can You Gear-up For Your MDM initiative? Tamer Chavusholu, Enterprise Solutions Practice

More information

Customer Case Studies on MDM Driving Real Business Value

Customer Case Studies on MDM Driving Real Business Value Customer Case Studies on MDM Driving Real Business Value Dan Gage Oracle Master Data Management Master Data has Domain Specific Requirements CDI (Customer, Supplier, Vendor) PIM (Product, Service) Financial

More information

ORACLE HYPERION DATA RELATIONSHIP MANAGEMENT

ORACLE HYPERION DATA RELATIONSHIP MANAGEMENT Oracle Fusion editions of Oracle's Hyperion performance management products are currently available only on Microsoft Windows server platforms. The following is intended to outline our general product

More information

Corralling Data for Business Insights. The difference data relationship management can make. Part of the Rolta Managed Services Series

Corralling Data for Business Insights. The difference data relationship management can make. Part of the Rolta Managed Services Series Corralling Data for Business Insights The difference data relationship management can make Part of the Rolta Managed Services Series Data Relationship Management Data inconsistencies plague many organizations.

More information

Hyperion Data Relationship Management (DRM)

Hyperion Data Relationship Management (DRM) Hyperion Data Relationship Management (DRM) Name Title Agenda Welcome and introductions Hyperion Data Relationship Management Product Introduction Preview of upcoming release Hierarchy

More information

Maximizing Your Operational Effectiveness: HR Technology and Service Delivery. Ryan McDaniel William Bonner Kurt Dorschel

Maximizing Your Operational Effectiveness: HR Technology and Service Delivery. Ryan McDaniel William Bonner Kurt Dorschel Maximizing Your Operational Effectiveness: HR Technology and Service Delivery Ryan McDaniel William Bonner Kurt Dorschel Speakers Ryan McDaniel Ryan has worked with more than 20 educational and healthcare

More information

Explore the Possibilities

Explore the Possibilities Explore the Possibilities 2013 HR Service Delivery Forum Best Practices in Data Management: Creating a Sustainable and Robust Repository for Reporting and Insights 2013 Towers Watson. All rights reserved.

More information

Our frame of reference

Our frame of reference Company overview Our frame of reference Enterprise Performance Management through master data consistency and optimised applications. A master data based Enterprise Performance Management (EPM) solution

More information

Financial close, consolidation, and reporting Leveraging process alignment and Oracle Hyperion EPM Tools

Financial close, consolidation, and reporting Leveraging process alignment and Oracle Hyperion EPM Tools Financial close, consolidation, and reporting Leveraging process alignment and Oracle Hyperion EPM Tools Deloitte Consulting LLP 11 Today s finance organizations face multiple priorities that include the

More information

THOMAS RAVN PRACTICE DIRECTOR TRA@PLATON.NET. An Effective Approach to Master Data Management. March 4 th 2010, Reykjavik WWW.PLATON.

THOMAS RAVN PRACTICE DIRECTOR TRA@PLATON.NET. An Effective Approach to Master Data Management. March 4 th 2010, Reykjavik WWW.PLATON. An Effective Approach to Master Management THOMAS RAVN PRACTICE DIRECTOR TRA@PLATON.NET March 4 th 2010, Reykjavik WWW.PLATON.NET Agenda Introduction to MDM The aspects of an effective MDM program How

More information

The best of data governance

The best of data governance The best of data governance 01010001010100010101101010010111101010100111010011010110100101000111010101010001001000101011101100010101000010101 10011010110101000 00110101101010001010100010101101010010111101010100111010011010110100101000111010101010001001000101011101100010101000010101

More information

Data Governance: A Business Value-Driven Approach

Data Governance: A Business Value-Driven Approach Data Governance: A Business Value-Driven Approach A White Paper by Dr. Walid el Abed CEO January 2011 Copyright Global Data Excellence 2011 Contents Executive Summary......................................................3

More information

Program and Budget Committee

Program and Budget Committee E WO/PBC/21/12 ORIGINAL: ENGLISH DATE: JULY 1, 2013 Program and Budget Committee Twenty-First Session Geneva, September 9 to 13, 2013 PROGRESS REPORT ON THE IMPLEMENTATION OF A COMPREHENSIVE INTEGRATED

More information

Data Governance: A Business Value-Driven Approach

Data Governance: A Business Value-Driven Approach Global Excellence Governance: A Business Value-Driven Approach A White Paper by Dr Walid el Abed CEO Trusted Intelligence Contents Executive Summary......................................................3

More information

HYPERION MASTER DATA MANAGEMENT SOLUTIONS FOR IT

HYPERION MASTER DATA MANAGEMENT SOLUTIONS FOR IT HYPERION MASTER DATA MANAGEMENT SOLUTIONS FOR IT POINT-AND-SYNC MASTER DATA MANAGEMENT 04.2005 Hyperion s new master data management solution provides a centralized, transparent process for managing critical

More information

BUSINESS INTELLIGENCE

BUSINESS INTELLIGENCE BUSINESS INTELLIGENCE Enabling Insights Across the Enterprise Patrick Callahan AST Corporation Practice Director Business Intelligence Naperville, Illinois USA 2011 Southern California Public Sector EBS

More information

Master Data Management

<Insert Picture Here> Master Data Management Master Data Management 김대준, 상무 Master Data Management Team MDM Issues Lack of Enterprise-level data code standard Region / Business Function Lack of data integrity/accuracy Difficulty

More information

Logical Modeling for an Enterprise MDM Initiative

Logical Modeling for an Enterprise MDM Initiative Logical Modeling for an Enterprise MDM Initiative Session Code TP01 Presented by: Ian Ahern CEO, Profisee Group Copyright Speaker Bio Started career in the City of London: Management accountant Finance,

More information

Whitepaper Data Governance Roadmap for IT Executives Valeh Nazemoff

Whitepaper Data Governance Roadmap for IT Executives Valeh Nazemoff Whitepaper Data Governance Roadmap for IT Executives Valeh Nazemoff The Challenge IT Executives are challenged with issues around data, compliancy, regulation and making confident decisions on their business

More information

3/13/2008. Financial Analytics Operational Analytics Master Data Management. March 10, 2008. Looks like you ve got all the data what s the holdup?

3/13/2008. Financial Analytics Operational Analytics Master Data Management. March 10, 2008. Looks like you ve got all the data what s the holdup? Financial Analytics Operational Analytics Master Data Management Master Data Management Adam Hanson Principal, Profisee Group March 10, 2008 Looks like you ve got all the data what s the holdup? 1 MDM

More information

Master Data Management The Nationwide Experience. Lance Dacre Director, Data Governance

Master Data Management The Nationwide Experience. Lance Dacre Director, Data Governance Master Data Management The Nationwide Experience Lance Dacre Director, Data Governance Agenda Finance FOCUS project Master Data Management Data Governance Assessment of Finance Function Availability of

More information

Creating Business Harmony: The Integration of ERP, EPM and BI. Enzo Santilli, Partner, MarketSphere

Creating Business Harmony: The Integration of ERP, EPM and BI. Enzo Santilli, Partner, MarketSphere Creating Business Harmony: The Integration of ERP, EPM and BI Enzo Santilli, Partner, MarketSphere Agenda 1 2 3 4 5 6 7 History in the Making of Information (and the need for Harmony) One-Certified & Secured

More information

Enable Business Agility and Speed Empower your business with proven multidomain master data management (MDM)

Enable Business Agility and Speed Empower your business with proven multidomain master data management (MDM) Enable Business Agility and Speed Empower your business with proven multidomain master data management (MDM) Customer Viewpoint By leveraging a well-thoughtout MDM strategy, we have been able to strengthen

More information

Budgeting in Municipal Governments with Oracle Hyperion Public Sector Planning & Budgeting

Budgeting in Municipal Governments with Oracle Hyperion Public Sector Planning & Budgeting We Bring IT Together For You. Budgeting in Municipal Governments with Oracle Hyperion Public Sector Planning & Budgeting By: Praveen Kumar Managing Principal AST Corporation Email:Prkumar@astcorporation.com

More information

Oracle Hyperion Profitability and Cost Management

Oracle Hyperion Profitability and Cost Management Oracle Hyperion Profitability and Cost Management Understanding profitability and cost is fundamental to improving organizational performance. Oracle Hyperion Profitability and Cost Management is a performance

More information

EMPOWERING THE TAX DEPARTMENT With ERP and Tax Depreciation Integration. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> White Paper

EMPOWERING THE TAX DEPARTMENT With ERP and Tax Depreciation Integration. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> White Paper EMPOWERING THE TAX DEPARTMENT With ERP and Tax Depreciation Integration >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> White Paper Introduction The ubiquitous ERP system still reigns as the top application for

More information

FDQM Financial Data Quality Management Fundamentals - Tips & Tricks Gary Womack, May 8th, 2013

FDQM Financial Data Quality Management Fundamentals - Tips & Tricks Gary Womack, May 8th, 2013 FDQM Financial Data Quality Management Fundamentals - Tips & Tricks Gary Womack, May 8th, 2013 Agenda Welcome and Introductions Understanding FDQM Using Extended Analytics to sync Essbase/Other Systems

More information

ORACLE FUSION ACCOUNTING HUB

ORACLE FUSION ACCOUNTING HUB ORACLE FUSION ACCOUNTING HUB THE NEW STANDARD FOR FINANCIAL REPORTING AND INTEGRATION KEY FEATURES Reporting platform with embedded Essbase Centralized reporting center to deliver and access reports Proactive

More information

Taking EPM to new levels with Oracle Hyperion Data Relationship Management WHITEPAPER

Taking EPM to new levels with Oracle Hyperion Data Relationship Management WHITEPAPER Taking EPM to new levels with Oracle Hyperion Data Relationship Management WHITEPAPER This document contains Confidential, Proprietary, and Trade Secret Information ( Confidential Information ) of TopDown

More information

OBIEE vs Hyperion Financial Reports: Oracle's Future in EPM Reporting

OBIEE vs Hyperion Financial Reports: Oracle's Future in EPM Reporting OBIEE vs Hyperion Financial Reports: Oracle's Future in EPM Reporting Alex Ladd Sr. Partner MindStream Analytics The Webinar will start at 12:05pm Agenda Introduction Audience Participation Today s Goals

More information

Losing Control: Controls, Risks, Governance, and Stewardship of Enterprise Data

Losing Control: Controls, Risks, Governance, and Stewardship of Enterprise Data Losing Control: Controls, Risks, Governance, and Stewardship of Enterprise Data an eprentise white paper tel: 407.290.6952 toll-free: 1.888.943.5363 web: www.eprentise.com Author: Helene Abrams Published:

More information

PeopleSoft and Oracle Cloud Practical Solutions. Marc Weintraub Senior Director PeopleSoft October 2014

PeopleSoft and Oracle Cloud Practical Solutions. Marc Weintraub Senior Director PeopleSoft October 2014 PeopleSoft and Oracle Cloud Practical Solutions Marc Weintraub Senior Director PeopleSoft October 2014 Copyright 2014, Oracle and/or its affiliates. All rights reserved. Oracle Event Usage Only Safe Harbor

More information

Outperform Financial Objectives and Enable Regulatory Compliance

Outperform Financial Objectives and Enable Regulatory Compliance SAP Brief Analytics s from SAP SAP s for Enterprise Performance Management Objectives Outperform Financial Objectives and Enable Regulatory Compliance Drive better decisions and streamline the close-to-disclose

More information

Transforming FP&A: Combining Process Redesign & Technology to Deliver Insights

Transforming FP&A: Combining Process Redesign & Technology to Deliver Insights Transforming FP&A: Combining Process Redesign & Technology to Deliver Insights Session 602 IASA 86 TH ANNUAL EDUCATIONAL CONFERENCE & BUSINESS SHOW Project Overview The Hanover Insurance Group (THG) is

More information

Enterprise Information Management Capability Maturity Survey for Higher Education Institutions

Enterprise Information Management Capability Maturity Survey for Higher Education Institutions Enterprise Information Management Capability Maturity Survey for Higher Education Institutions Dr. Hébert Díaz-Flores Chief Technology Architect University of California, Berkeley August, 2007 Instructions

More information

Whitepaper. GL Consolidation. Published on: August 2011 Author: Sivasankar. Hexaware Technologies. All rights reserved. www.hexaware.

Whitepaper. GL Consolidation. Published on: August 2011 Author: Sivasankar. Hexaware Technologies. All rights reserved. www.hexaware. Published on: August 2011 Author: Sivasankar Hexaware Technologies. All rights reserved. Table of Contents 1. General Ledger Consolidation - Making The Right Moves 2. Problem Statement / Concerns 3. Solutions

More information

Reduced Total Cost of Ownership (TCO) and Increased Scalability with a New Accounting Solution

Reduced Total Cost of Ownership (TCO) and Increased Scalability with a New Accounting Solution Case Study Reduced Total Cost of Ownership (TCO) and Increased Scalability with a New Accounting Solution Abstract Infosys partnered with a global specialty insurance and re-insurance company to implement

More information

Getting to One: Consolidating Multiple Charts of Accounts During an Oracle E-Business Suite Upgrade

Getting to One: Consolidating Multiple Charts of Accounts During an Oracle E-Business Suite Upgrade Getting to One: Consolidating Multiple Charts of Accounts During an Oracle E-Business Suite Upgrade Bob Von Der Ahe Experian Paul Phillips CARQUEST Helene Abrams eprentise Introduction A single global

More information

A Hyperion System Overview. Hyperion System 9

A Hyperion System Overview. Hyperion System 9 A Hyperion System Overview Hyperion System 9 Your organization relies on multiple transactional systems including ERP, CRM, and general ledger systems to run your business. In today s business climate

More information

USING HYPERION PROFITABILITY & COST MANAGEMENT WITH HYPERION PLANNING FOR RCM SESSION 35090 MARCH 8, 2016

USING HYPERION PROFITABILITY & COST MANAGEMENT WITH HYPERION PLANNING FOR RCM SESSION 35090 MARCH 8, 2016 USING HYPERION PROFITABILITY & COST MANAGEMENT WITH HYPERION PLANNING FOR RCM SESSION 35090 MARCH 8, 2016 PRESENTERS Andy Rosenau AVP Budget & Administration Rutgers University arosenau@rutgers.edu Andy

More information

Fortune 500 Medical Devices Company Addresses Unique Device Identification

Fortune 500 Medical Devices Company Addresses Unique Device Identification Fortune 500 Medical Devices Company Addresses Unique Device Identification New FDA regulation was driver for new data governance and technology strategies that could be leveraged for enterprise-wide benefit

More information

Master Data Management (MDM) in the Sales & Marketing Office

Master Data Management (MDM) in the Sales & Marketing Office Master Data Management (MDM) in the Sales & Marketing Office As companies compete to acquire and retain customers in today s challenging economy, a single point of management for all Sales & Marketing

More information

NCOE whitepaper Master Data Deployment and Management in a Global ERP Implementation

NCOE whitepaper Master Data Deployment and Management in a Global ERP Implementation NCOE whitepaper Master Data Deployment and Management in a Global ERP Implementation Market Offering: Package(s): Oracle Authors: Rick Olson, Luke Tay Date: January 13, 2012 Contents Executive summary

More information

9044 - Enhance Performance Management Reporting

9044 - Enhance Performance Management Reporting September 9 11, 2013 9044 - Enhance Performance Management Reporting Anaheim, California and Analysis Leveraging SAP BI Tools Sean Johnson SAP Agenda Overview of Enterprise Performance Management Value

More information

www.pwc.com Tax technology Megatrends and the impact on tax functions January 2014

www.pwc.com Tax technology Megatrends and the impact on tax functions January 2014 www.pwc.com Tax technology Megatrends and the impact on tax functions Megatrends Competitive and Regulatory pressures Focus Areas Virtual teams enabled by technology Document management platforms Shift

More information

Table of Contents Chapter 1 - Getting Started with Oracle Data Relationship Management (DRM) 1

Table of Contents Chapter 1 - Getting Started with Oracle Data Relationship Management (DRM) 1 Table of Contents Chapter 1 - Getting Started with Oracle Data Relationship Management (DRM) 1 Master Data Management 1 Benefits of Master Data Management 2 Master Data Management Implementations 2 Data

More information

Corporate Performance Management:

Corporate Performance Management: Advisory Services Corporate Performance Management: Achieving value by effectively anticipating and managing change Table of contents The heart of the matter 2 How does Corporate Performance Management

More information

Implementing Oracle BI Applications during an ERP Upgrade

Implementing Oracle BI Applications during an ERP Upgrade Implementing Oracle BI Applications during an ERP Upgrade Summary Jamal Syed BI Practice Lead Emerging solutions 20 N. Wacker Drive Suite 1870 Chicago, IL 60606 Emerging Solutions, a professional services

More information

Tackling ERP Modernization: A New Approach for State and Local Government

Tackling ERP Modernization: A New Approach for State and Local Government Tackling ERP Modernization: A New Approach for State and Local Government Today s Speakers Joe Morris Lead Analyst Center for Digital Government Government Technology Mike Bailey Finance Director City

More information

Oracle Hyperion Financial Data Quality Management Enterprise Edition

Oracle Hyperion Financial Data Quality Management Enterprise Edition Oracle Hyperion Financial Data Quality Management Enterprise Edition Finance organizations need to enhance the quality of internal controls and reporting processes. To meet these goals, you need a source-to-report

More information

OFFERINGS Analytics Roadmap

OFFERINGS Analytics Roadmap OFFERINGS Analytics Roadmap Crossing the Chasm BUSINESS CHALLENGES The consumerization of technology has transformed our analytic expectations in our professional lives. We want our data quick, detailed,

More information

ecapital Advisors Oracle Services

ecapital Advisors Oracle Services ecapital Advisors Oracle Services Have a current initiative you are trying to get integrated into the business? Our implementation services help get your employees up to speed on new technology and techniques

More information

Extending Hyperion BI with the Oracle BI Server

<Insert Picture Here> Extending Hyperion BI with the Oracle BI Server Extending Hyperion BI with the Oracle BI Server Mark Ostroff Sr. BI Solutions Consultant Agenda Hyperion BI versus Hyperion BI with OBI Server Benefits of using Hyperion BI with the

More information

INDUSTRY OUTLOOK APRIL 2013. Enterprise Performance Management

INDUSTRY OUTLOOK APRIL 2013. Enterprise Performance Management INDUSTRY OUTLOOK APRIL 2013 Enterprise Performance Management Chief financial officers must address a growing list of modern business imperatives, and EPM can help. Business today is moving at light speed.

More information

To receive 1.0 CPE credit for this Webinar, participants must:

To receive 1.0 CPE credit for this Webinar, participants must: Automating and Simplifying your External Reporting by Integrating XBRL Ken Pavell & Steve Sheekey Thursday, June 20, 2013 General Information Share the webinar Ask a question Votes (polling questions)

More information

Oracle Master Data Management Strategy

<Insert Picture Here> Oracle Master Data Management Strategy Oracle Master Data Management Strategy Name Title The following is intended to outline our general product direction. It is intended for information purposes only, and may not be

More information

White Paper: Extending Your Business Intelligence Investment with SQL Server Master Data Services. Prepared for: Intellinet August 29, 2011

White Paper: Extending Your Business Intelligence Investment with SQL Server Master Data Services. Prepared for: Intellinet August 29, 2011 White Paper: Extending Your Business Intelligence Investment with SQL Server Master Data Services Prepared for: Intellinet August 29, 2011 Two Concourse Pkwy Atlanta, GA 30328 404.442.8000 fax 404.442.8001

More information

Service Oriented Data Management

Service Oriented Data Management Service Oriented Management Nabin Bilas Integration Architect Integration & SOA: Agenda Integration Overview 5 Reasons Why Is Critical to SOA Oracle Integration Solution Integration

More information

SAP Thought Leadership Business Intelligence IMPLEMENTING BUSINESS INTELLIGENCE STANDARDS SAVE MONEY AND IMPROVE BUSINESS INSIGHT

SAP Thought Leadership Business Intelligence IMPLEMENTING BUSINESS INTELLIGENCE STANDARDS SAVE MONEY AND IMPROVE BUSINESS INSIGHT SAP Thought Leadership Business Intelligence IMPLEMENTING BUSINESS INTELLIGENCE STANDARDS SAVE MONEY AND IMPROVE BUSINESS INSIGHT Your business intelligence strategy should take into account all sources

More information

Successful strategy flows from accurate, timely and collaborative knowledge.

Successful strategy flows from accurate, timely and collaborative knowledge. Successful strategy flows from accurate, timely and collaborative knowledge. In today s globally complex, rapidly changing, Internet-linked business environment, the processes associated with financial

More information

Using SAP Master Data Technologies to Enable Key Business Capabilities in Johnson & Johnson Consumer

Using SAP Master Data Technologies to Enable Key Business Capabilities in Johnson & Johnson Consumer Using SAP Master Data Technologies to Enable Key Business Capabilities in Johnson & Johnson Consumer Terry Bouziotis: Director, IT Enterprise Master Data Management JJHCS Bob Delp: Sr. MDM Program Manager

More information

On-Premise ERP vs. the Cloud

On-Premise ERP vs. the Cloud Ch Ch Ch Changes: On-Premise ERP vs. the Cloud Session ID#: 102480 Presented on Wednesday, April 16, 2015 2014 Grant Thornton LLP All rights reserved U.S. member firm of Grant Thornton International Ltd

More information

Streamline Financial Consolidation and Reporting for a Faster Close

Streamline Financial Consolidation and Reporting for a Faster Close SAP Brief SAP s for Enterprise Performance Management SAP Financial Consolidation Objectives Streamline Financial Consolidation and Reporting for a Faster Close Balancing speed and accuracy in financial

More information

Enabling Data Quality

Enabling Data Quality Enabling Data Quality Establishing Master Data Management (MDM) using Business Architecture supported by Information Architecture & Application Architecture (SOA) to enable Data Quality. 1 Background &

More information

Developing a Strategic Roadmap Why you need it & how to do it right

Developing a Strategic Roadmap Why you need it & how to do it right Developing a Strategic Roadmap Why you need it & how to do it right Session ID# 12509 Juan Porter TopDown Consulting Juan Porter Experience Overview President & Founder of TopDown Consulting Over 25 years

More information

The following is intended to outline our general product direction. It is intended for informational purposes only, and may not be incorporated into

The following is intended to outline our general product direction. It is intended for informational purposes only, and may not be incorporated into The following is intended to outline our general product direction. It is intended for informational purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any

More information

Module 6 Essentials of Enterprise Architecture Tools

Module 6 Essentials of Enterprise Architecture Tools Process-Centric Service-Oriented Module 6 Essentials of Enterprise Architecture Tools Capability-Driven Understand the need and necessity for a EA Tool IASA Global - India Chapter Webinar by Vinu Jade

More information

Customer Success: Oracle Data Relationship Management Postcards from the Frontlines. Rahul Kamath Director, Product Management October 1, 2014

Customer Success: Oracle Data Relationship Management Postcards from the Frontlines. Rahul Kamath Director, Product Management October 1, 2014 Customer Success: Oracle Data Relationship Management Postcards from the Frontlines Rahul Kamath Director, Product Management October 1, 2014 Copyright 2014 Oracle and/or its affiliates. All rights reserved.

More information

Customer Master Data: Common Challenges and Solutions

Customer Master Data: Common Challenges and Solutions Customer Master Data: Common Challenges and Solutions By Will Crump President, DATUM LLC Executive Summary Master data within an enterprise is typically segmented by domain, or a category of related data

More information

PPS Initiative Changing the Way We Work*

PPS Initiative Changing the Way We Work* PPS Initiative Changing the Way We Work* Anthony Tony Lo Project Director Personnel Payroll Initiative Office of the President November 2011 * Includes Information developed by Aon Hewitt Project Consultant

More information

KPMG s Financial Management Practice. kpmg.com

KPMG s Financial Management Practice. kpmg.com KPMG s Financial Management Practice kpmg.com 1 KPMG s Financial Management Practice KPMG s Financial Management (FM) practice, within Advisory Management Consulting, supports the growing agenda and increased

More information

OPTIMUS SBR. Optimizing Results with Business Intelligence Governance CHOICE TOOLS. PRECISION AIM. BOLD ATTITUDE.

OPTIMUS SBR. Optimizing Results with Business Intelligence Governance CHOICE TOOLS. PRECISION AIM. BOLD ATTITUDE. OPTIMUS SBR CHOICE TOOLS. PRECISION AIM. BOLD ATTITUDE. Optimizing Results with Business Intelligence Governance This paper investigates the importance of establishing a robust Business Intelligence (BI)

More information

Accelerating EPM Deployment

Accelerating EPM Deployment Accelerating EPM Deployment With Planning in the Cloud SUMMARY In today s challenging planning environment, reliance on spreadsheets is woefully inadequate and fraught with peril. Packaged planning and

More information

IBM Software A Journey to Adaptive MDM

IBM Software A Journey to Adaptive MDM IBM Software A Journey to Adaptive MDM What is Master Data? Why is it Important? A Journey to Adaptive MDM Contents 2 MDM Business Drivers and Business Value 4 MDM is a Journey 7 IBM MDM Portfolio An Adaptive

More information

Services for the CFO Financial Management Consulting

Services for the CFO Financial Management Consulting IBM Global Business Services Services for the CFO Financial Management Consulting Financial Management Chief financial officers (CFOs) are currently in a highly visible, highly influential position. They

More information

To Cross-Validate or Not? Best Practices to Enforce Valid GL Combinations. Helene Abrams CEO eprentise habrams@eprentise.com

To Cross-Validate or Not? Best Practices to Enforce Valid GL Combinations. Helene Abrams CEO eprentise habrams@eprentise.com To Cross-Validate or Not? Best Practices to Enforce Valid GL Combinations Helene Abrams CEO eprentise habrams@eprentise.com Webinar Mechanics Open and close your panel. View, select, and test your audio.

More information

Cognos Disclosure Management The most important part of reporting

Cognos Disclosure Management The most important part of reporting Cognos Disclosure Management The most important part of reporting The Numbers Don't Tell The Whole Story Reporting Beyond Charts & Graphs Decisions can no longer just be made based on numbers alone Executives

More information

Analytics in the Finance Organization

Analytics in the Finance Organization Analytics in the Finance Organization Kathleen Wilhide Industry Analyst - GRC & Performance Management, Better-Insight Background In an era of new economic challenges, how companies manage the quality

More information

Data Relationship Management It s Not Just for Hierarchies. Todd Rebner, Managing Partner

Data Relationship Management It s Not Just for Hierarchies. Todd Rebner, Managing Partner Data Relationship Management It s Not Just for Hierarchies Presented by: Todd Rebner, Managing Partner Agenda Data Relationship Management Overview Data Governance DRM Functionality : General & Advanced

More information

Embarcadero DataU Conference. Data Governance. Francis McWilliams. Solutions Architect. Master Your Data

Embarcadero DataU Conference. Data Governance. Francis McWilliams. Solutions Architect. Master Your Data Data Governance Francis McWilliams Solutions Architect Master Your Data A Level Set Data Governance Some definitions... Business and IT leaders making strategic decisions regarding an enterprise s data

More information

ORACLE BUSINESS INTELLIGENCE SUITE ENTERPRISE EDITION PLUS

ORACLE BUSINESS INTELLIGENCE SUITE ENTERPRISE EDITION PLUS ORACLE BUSINESS INTELLIGENCE SUITE ENTERPRISE EDITION PLUS PRODUCT FACTS & FEATURES KEY FEATURES Comprehensive, best-of-breed capabilities 100 percent thin client interface Intelligence across multiple

More information

Creating a Business Intelligence Competency Center to Accelerate Healthcare Performance Improvement

Creating a Business Intelligence Competency Center to Accelerate Healthcare Performance Improvement Creating a Business Intelligence Competency Center to Accelerate Healthcare Performance Improvement Bruce Eckert, National Practice Director, Advisory Group Ramesh Sakiri, Executive Consultant, Healthcare

More information

How CFOs and their teams are supercharging financial reporting

How CFOs and their teams are supercharging financial reporting How CFOs and their teams are supercharging financial reporting Are your finance operations running smoothly? Today s Chief Finance Officers have an opportunity to take a more visible role in strategic

More information

Business Intelligence Maturity In Australia

Business Intelligence Maturity In Australia Business Intelligence Maturity In Australia Paul Hawking, Robert Jovanovic, Carmine Sellitto Victoria University ERP Research Group July 010 Aristotle makes it sound so simple. Starting with $6 after the

More information

WHITE PAPER. Governance, Risk and Compliance (GRC) - IT perspective

WHITE PAPER. Governance, Risk and Compliance (GRC) - IT perspective Governance, Risk and Compliance (GRC) - IT perspective Introduction Current regulatory and economic conditions have created a need for financial services firms to accurately scale required levels of regulatory

More information

04 Executive Summary. 08 What is a BI Strategy. 10 BI Strategy Overview. 24 Getting Started. 28 How SAP Can Help. 33 More Information

04 Executive Summary. 08 What is a BI Strategy. 10 BI Strategy Overview. 24 Getting Started. 28 How SAP Can Help. 33 More Information 1 BI STRATEGY 3 04 Executive Summary 08 What is a BI Strategy 10 BI Strategy Overview 24 Getting Started 28 How SAP Can Help 33 More Information 5 EXECUTIVE SUMMARY EXECUTIVE SUMMARY TOP 10 BUSINESS PRIORITIES

More information

TO MEMBERS OF THE COMMITTEE ON LONG RANGE PLANNING: DISCUSSION ITEM EXECUTIVE SUMMARY

TO MEMBERS OF THE COMMITTEE ON LONG RANGE PLANNING: DISCUSSION ITEM EXECUTIVE SUMMARY L3 Office of the President TO MEMBERS OF THE COMMITTEE ON LONG : For Meeting of July 22, 2015 UCPATH PROJECT UPDATE DISCUSSION ITEM EXECUTIVE SUMMARY UCPath was launched in 2010 as a systemwide UC strategic

More information

The Common Challenges of Common Practices: Tips for Effectively Moving to a Shared Services Center

The Common Challenges of Common Practices: Tips for Effectively Moving to a Shared Services Center The Common Challenges of Common Practices: Tips for Effectively Moving to a Shared Services Center Helene Abrams CEO eprentise habrams@eprentise.com Learning Objectives After completion of this program

More information

An RCG White Paper The Data Governance Maturity Model

An RCG White Paper The Data Governance Maturity Model The Dataa Governance Maturity Model This document is the copyrighted and intellectual property of RCG Global Services (RCG). All rights of use and reproduction are reserved by RCG and any use in full requires

More information

Minimize Access Risk and Prevent Fraud With SAP Access Control

Minimize Access Risk and Prevent Fraud With SAP Access Control SAP Solution in Detail SAP Solutions for Governance, Risk, and Compliance SAP Access Control Minimize Access Risk and Prevent Fraud With SAP Access Control Table of Contents 3 Quick Facts 4 The Access

More information

perspective Progressive Organization

perspective Progressive Organization perspective Progressive Organization Progressive organization Owing to rapid changes in today s digital world, the data landscape is constantly shifting and creating new complexities. Today, organizations

More information

How WindStream Leverages EAL to Increase their Analytic Capabilities Alex Ladd Sr. Partner MindStream Analytics

How WindStream Leverages EAL to Increase their Analytic Capabilities Alex Ladd Sr. Partner MindStream Analytics How WindStream Leverages EAL to Increase their Analytic Capabilities Alex Ladd Sr. Partner MindStream Analytics Webinar will begin 12:03pm Agenda Introduction Audience Participation Windstream prior to

More information

Oracle Federal Financials

Oracle Federal Financials Oracle Federal Financials User and Applications Training Executive Team Education Project Team Education End-User Training Business Intelligence Technical Training Hyperion Training Prism Training Custom

More information

Oracle Hyperion Data Relationship Management Best Practices, Tips and Tricks. Whitepaper

Oracle Hyperion Data Relationship Management Best Practices, Tips and Tricks. Whitepaper Oracle Hyperion Data Relationship Management Best Practices, Tips and Tricks Whitepaper This document contains Confidential, Proprietary, and Trade Secret Information ( Confidential Information ) of TopDown

More information

L I C E N S I N G G U I D E

L I C E N S I N G G U I D E O R A C L E H Y P E R I O N E N T E R P R I S E P E R F O R M A N C E M A N A G E M E N T S Y S T E M R E L E A S E 1 1. 1. 2 L I C E N S I N G G U I D E EPM System Licensing Guide, 11.1.2 Copyright 2010,

More information

Demystifying Oracle Cloud ERP Financials

Demystifying Oracle Cloud ERP Financials Demystifying Oracle Cloud ERP Financials Thank You! Samantha German Based in Fort Worth, TX Over 16 years of Oracle Applications experience Enterprise Architect at CSS CSS Based in Charleston, SC Exclusively

More information

Three Fundamental Techniques To Maximize the Value of Your Enterprise Data

Three Fundamental Techniques To Maximize the Value of Your Enterprise Data Three Fundamental Techniques To Maximize the Value of Your Enterprise Data Prepared for Talend by: David Loshin Knowledge Integrity, Inc. October, 2010 2010 Knowledge Integrity, Inc. 1 Introduction Organizations

More information