8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
1/23
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
2/23
Oracles EPM System and Strategy
Oracle Hyperion Financial Data Quality Management (FDM) 11.1.1 forHFM
Michael van der Merwe
Oracle BI & EPM Strategy Team - FDM
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
3/23
FDM Overview & Positioning
FDM demonstration
Questions
Agenda
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
4/23
Financial Data Quality Differentiated
Hyper ion Financial Data Qual i ty Managementhelps finance users increase theirconfidence in the numbers and lowers their cost of compliance by eliminating dataintegrity risks associated with collecting, mapping, validating, and moving criticalfinancial data from across the enterprise.
Financial data quality management is a business issue, andis defined as the practice by which companies can effectivelyand consistently combine the following four factors:
Financial data collection and transformation
Repeatable financial processes
Internal controls
Audit trails
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
5/23
Points of Failure in Data Load
Manual data entry
Unbalanced files
Submission error
Duplicate data
Data load failure
Data mapping
Incomplete data
Data validation
Consistency check
Data
Quality
GapInsight
Performance
Action
SetGoals
Plan
Monitor
Analyze
Report
Align
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
6/23
Customer Challenges
Errors in financial data collection
Financial restatements
Inconsistent account structure
Dozens of source systems
No audit trails back to the GL/Source data
Weak controls around data collection
Lack visibility and transparent processes
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
7/23
Audit Trails Integrate Controls questions
Store current and historicalmapping definitions
Store supporting documents
Data Collectionand Transformation
Read and interpret anyG/L trial balance file
Mapping validation againsttarget system dimensions
Data integrity checkingagainst data validation rules
Internal ControlsSource financial documentarchival
Prepackaged audit andinternal control reports
Comprehensive role basedsecurity
RepeatableProcesses
Single standard anddefined solution for anytarget application
Standardized database schema
Standard upward data certification process
Oracle EPM System Delivers Confidencewith FDM
FDM
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
8/23
Hyperion
Financial
Management
Hyperion
Financial
Data Quality
Management
XBRL/SECFinancial and Mgmt.
Reporting
ERP:
Oracle,
SAP,
Legacy,
Other
Infrastructure Services
Tax
Filing
Oracle GRC Manager
Reconciliations
CFO Dashboard
Tax
Calculations
Transactions
Oracle/Hyperion
CFO
CIO
Reporting
Application Configuration Controls Application Access Controls
Integrated Governance Risk andCompliance
Partner
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
9/23
FDM Server
Data cleansingandtransformationData StagingAdvanced data
mappingTaskschedulingText anddocumentarchiveAudit reviewComplianceReporting
Oracle EBS
Tax
Filing
Guided Workflow User Interface
Oracle Hyperion
FDM Architecture
ERP filesFlat filesXLSCSVEtc.
DatabaseDataMartDataWH
CustomDatabaseDataMartDataW/H
EPM Adapters
PrepackagedintegrationData loadingincluding
supplementaldata, line itemdetail, journals,drill-backDimensionalmappingverificationProcessmanagement
Hyperion
FinancialManagementPlanningEssbaseEnterprise
Import
Data Flow
Validate Export/Check
100% Audit trail
TaxStream
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
10/23
Oracle EBS 11i GL
Hyperion FDM
Workspace
Release 11.1.1
Linking Hyperion to Oracle E-BusinessSuite
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
11/23
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
12/23
FDM Demonstration
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
13/23
End users Import their source
financial data (from files, DBs or
Oracle EBS) into FDM eliminating all
manual changes ensuring completeaccuracy.
Imports from Any Source
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
14/23
Invalid Dimension Map Problems are identified
for easy correction. FDM allows for simple or
complex cross-dimensional and conditionalmapping of data.
Smart Dimensional Mapping
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
15/23
End users are given feedback on the
quality, accuracy, and completeness
of the data that they loaded to HFM,
so they are accountable, and can
participate in the data integrity
management process. Additional
adjustment data may be loaded via
flat or Excel files.
User Driven Data Validation Rules
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
16/23
Audit trail includes the ability to drill
back from HFM accounts to sourcedata, whether the data is contained
within a file or DB/EBS.
Traceable from Source to Report
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
17/23
Users can drill down into GL detail
for a single location and intersection.
The Open Source System Link will be
visible when sourcing data from EBS.
Source data will also be available via
a snapshot file.
Traceable from Source to Report
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
18/23
EBS landing page is shown with same
context as drill-back page, the
account balance detail is available
from the EBS landing page.
Traceable from Source to Report
FDM R t
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
19/23
FDM Reports
The Intersection drill-down report allows
for a view of all current source to target
maps for all dimensions in one view, with
values. The report is available in PDF,
Word, Excel, HTML and RTF formats by
default.
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
20/23
Visibility Through Dashboards
The Close and Controls
documentation status report provides
further visibility into the process. See
quickly who has loaded data into HFM& who has reviewed and then
submitted their attestation.
S pports Sarbanes O le Certifications
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
21/23
Sarbanes Oxley control questionnaires
allow end users to attest to the validity of
financial data.
Business process areas are grouped into
sections and questions can be tied to
activities for monitoring and testing. Built
in workflow allows for promotion of
responses to the next review level.
These questions apply to Section 302
Review Certification, as well as monitoring
the 404 control framework.
Supports Sarbanes Oxley Certificationsand Assessment Requirements
8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
22/23
Questions?
mailto:[email protected]:[email protected]8/13/2019 Oracle Hyperion FDM Presentation 11.1.1 HFM
23/23
Top Related