Financial Management Systems FINANCIAL PLANNING TOP-DOWN OR BOTTUM-UP VERSITALITY WHAT IF ANALYSIS.
-
Upload
shonda-holly-jones -
Category
Documents
-
view
214 -
download
0
Transcript of Financial Management Systems FINANCIAL PLANNING TOP-DOWN OR BOTTUM-UP VERSITALITY WHAT IF ANALYSIS.
Financial Management Systems
•FINANCIAL PLANNING
•TOP-DOWN OR BOTTUM-UP VERSITALITY
•WHAT IF ANALYSIS
Who Uses Hyperion “Hyperion provides best-in-class performance management software to
over 12,000 customers worldwide, including 91 of the Fortune 100.” Letty Ledbetter
Oracle Public Relations
Multi-dimensional1. Account2. Period3. Years4. Reporting Geography5. Business Organization6. Scenario7. Version8. Entity9. Basis
What kind of decision or problem is being considered?
Financial ForecastingModelingDecision Making
Who are the decision makers?
ManagementUsed by lower level plannersReports generated for CFO and Board
What Options are They Considering?
Growth RateProfit MarginsExpensesEct.
What kinds of information are necessary to determine the benefits of the options under consideration?
Previous Months Forecast vs Actual dataPrevious Years Forecast for that month vs Actual DataPossibly multiple year forecast to locate a trend Information about crop yields Information about other competitors Information about the weather (they use the farmer’s
almanac & look at trends from previous years) Information about what part of the world the crop grows
best in and how it has grown in each specific location in the past
Information from Strategy about where the company is headed.
What kinds of models are necessary to examine that information?
Rolling ForecastsActual vs Forecast reports for prior months
and years (which are provided by using Hyperion Essbase Reporting)
Special models in excel that provide strategy information and crop yield information
Reports showing competitors reported numbers
What kinds of problems in data collection and/or analysis are likely?
Planner SandbaggingExcel modelsWhat-if Analysis
How would you address those needs in a DSS?
Hyperion TrainingElimination of Multiple Spreadsheets
Excel Financial Planning
Hyperion System 9
Question Anyone?