Oracle Financial Analytics Implementation Methodology
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Transcript of 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
Subject Area Description
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
Subject Area Description
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
Subject Area Description
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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