Introduction to Oracle Hyperion Financial Close Suite

1 Copyright © 2011, Oracle and/or its affiliates. All rights reserved. Confidential – Oracle Restricted

Presenting with

Introduction to Oracle Hyperion Financial Close Suite Christian Wetterwald, Director, Financial Close Solutions Janette Kosior, Director, Product Management Giulio Carone – Senior VP - Enel Group Control Remigio Aprile – Director - Enel Group Reporting Marco Passera – Principle Accenture


Safe Harbor Statement

The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.


Agenda

• Overview of Financial Close •  Solution Overview • Delivering an Integrated Close •  Enel


Days to Close

Oracle Improves the Close Process

FTEs Involved in Close

0

5

10

15

20

25

Marginal Stable Best in Class Transforma8onal

Pre Post

0

20

40

60

80

100

Marginal Stable Best in Class Transformational

Pre Post


<Insert Picture Here>

OVERVIEW OF THE FINANCIAL CLOSE PROCESS


Sub Ledger Close General Ledger Close

Data Assurance Consolida8on Internal Mgmt

Repor8ng External Financial Repor8ng

Filing

Close Sub Ledgers into FI-GL (i.e. FI-AR, FI-AP, FI-AA, etc.)

Perform Reconciliations •  Bank Reconciliations •  Standard Account Recon •  Sub Ledger Recon Post Accruals

Deliver self service reporting to the organization for performance discussions and plan realignment

Automate external reporting gathering disclosures and financial information

Automate and deliver Edgar & XBRL filings, Statutory filings, Tax, etc.

Gather and validate complete data sets to support all financial reporting needs (i.e. Legal Entity, Segment, Management, Tax, Sustainability Metrics, etc.)

Automate consolidated financial reporting leveraging multiple hierarchies and calculations (i.e. CTA, FASB, KPI’s, FX, Retained Earnings, Topside Entries etc.)

Organizing

Processing

Reporting Preparing & Collecting

Close Process Process is driven by finance


Sub Ledger Close General Ledger Close

Data Assurance Consolida8on Internal Mgmt

Repor8ng External Financial Repor8ng

Filing

Accounting Differences

Manual, Error-Prone Processes

Complex Ownership Structures

Multiple, Fragmented Systems

Challenges to a World Class Close There is no easy close

Lengthy close processes with weak internal controls and rigid systems cannot exploit new opportunities creating a disconnect between strategy and execution.

$

Subsidiary 1

¥

HR System

Joint Venture

CAD

Parent Company Subsidiary 2

£


Top 3 Myths About Hyperion Financial Management MYTH 1: Organizations that have single ERP or GL

instances will not benefit from HFM MYTH 2: HFM is only for large, global Fortune 500 firms MYTH 3: HFM delivers value only to organizations with

complex financial reporting requirements

8 Copyright © 2009, Oracle and / or its affiliates. All rights reserved.


Financial Reporting

Oracle EBS, PS SAP, others

Other

Financial Reporting

Oracle EBS, PS SAP, others

HFM

Other

Financial Reporting with the GL Alone

Financial Reporting with HFM

HFM Consolidates What’s NOT in the GL Complements Ledger Consolidation, eliminates offline XL


Focus on Quality Reporting and Reduction in Time •  Deliver Multiple reporting objectives (Legal Entity, Management,

Tax, GAAP, IFRS, etc.) from one source

•  Reporting Flexibility (multiple hierarchies, dynamic reporting)

•  Reduce the Length of Close process

•  Eliminate inconsistencies and manual/error prone processes

•  Reduce the cost of compliance (GAAP, SOX, Stat, etc.)

•  Automate Intercompany matching and elimination

•  Collect of data across multiple sources easily


<Insert Picture Here>

SOLUTION OVERVIEW


Oracle EPM Connects Management Processes

Common Integration & Analysis Data Quality and Consistent Dimensions

Common Reporting & Interaction

Strategic Planning

Financial Close

Planning & Forecasting

Profitability Management


Critical Components to Implement Financial Close Best Practices

Financial Consolidation

Data Assurance Document

Management & Filing

Financial and Mgmt. Reporting

ERP: Oracle, SAP,

Legacy, Other

Tax Filing

Financial Close Workflow

CFO Dashboard

Tax Calculations

Transactions Reporting

Governance, Risk & Compliance


Collecting Move the data to the system •  Easy Data Load

•  Ensure Data Quality •  Data Certification •  Drill back to source •  Audit •  Manual Input

–  Web Forms –  Smartview Forms

•  Manual Journals •  Task Lists


Processing Doing the Consolidation

•  Automate multiple types of reporting (US GAAP, IFRS, MGMT, etc.)

•  Centrally manage all calculations for consolidated reporting (KPI’s, FX, CTA, Equity Elim, etc.)

•  Data Audit •  Financial Analytics •  What if scenario modeling •  Centralize all financial data

(Trial Balance, Schedules, Statistical Data, Plan/Fcst, etc.)


Time When?

Markets Where?

Reporting Multidimensional Powerful Reporting and Analysis Capabilities

•  Supports statutory consolidations as well as detailed analysis

•  Detail by product, market, channel, etc

•  Easy ad hoc reporting/pivoting

Revenue 1000,-

Product What?

Sales View

Product Manager View

Controlling View

ad-hoc Analysis


Reporting and Analysis Quick Insight into your figures

•  Sophisticated ad-hoc analysis •  Production quality financial

statements reporting (PDF, HTML)

•  Easy and quick to build reports •  Leverage report template repository

across entire organization •  On demand, real-time or batch

reporting •  Seamless integration in MS Office


Filing the Disclosures •  Manages the entire process of taking

a company’s consolidated results and transforming them into specifically stylized statutory filings

•  Document creation process manages the entire distributed development of the statutory report

•  Simple end user experience - Microsoft Word

•  Built-in XBRL reporting capabilities •  Multiple output formats


Financial Close Dashboard •  Built on Best of Breed BI Technology

–  making it extensible to additional data sources

–  mobile access, action framework, etc.

•  Real Time •  Support EPM Security and SSO •  Not hosted but installed in-house •  Includes Close and Process Mgmt

metrics beyond the reach of our competition

•  Mobile Devices Enablement


Managing the Financial Close Workflow Organizing

•  Close Process Analysis, Trending and Improvement

•  Process Monitoring •  Active Calendar •  Single Task List •  Automated workflow •  Ensure Compliance •  Email Notifications •  Account Reconciliations


Delivering an Integrated Financial Close


Economy & Finance

Introduction to Oracle Hyperion Financial Close Suite