Professional Documents
Culture Documents
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Objectives
At the end of this lesson, you should be able to: Describe Oracles Enterprise Performance Management System Enumerate the main features of Financial Management Discuss Financial Management architecture Describe Foundation Services Identify additional EPM System products
BI Founda tion
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Lesson 1 Introduction to Financial Management Oracle HR Analytics Oracle Order Management and Fulfillment Analytics Oracle Supply Chain Analytics Oracle Sales Analytics Oracle Service Analytics Oracle Contact Center Analytics Oracle Marketing Analytics Oracle Usage Accelerator Analytics for CRM
BI Foundation
The EPM and BI applications are integrated on a BI foundation that includes the following: Common enterprise information model Powerful, forward-looking analytics with Oracle Essbase Ability to integrate data from Oracle and nonOracle databases and transactional systems Enterprise dimension management application, which provides a single point of management for dimensions and hierarchies across EPM, BI, data warehouse, and other applications Predictive analytics engine, which integrates BI with business processes The BI foundation also leverages key technologies from Oracle Fusion Middleware, such as data integration, identity management, and process management. BI Foundation includes: Oracle Enterprise Performance Management Workspace, Fusion Edition (Workspace) Hyperion Shared Services Oracle Hyperion Enterprise Performance Management System Lifecycle Management (Lifecycle Management)
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Regional
Finance Dept. Review Appr ove Adjust Consolidate Submit
Central
Publish reports Group Finance Review Approv e Adjust Cons olidate IC match Trans late SEC Tax Legal Tr easur y Management
A pprov e Reject
A nnual Budget
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Server
Web Server
Services
Data
RD BMS
Essbase cube
Client Tier
The client tier contains the user interface. It communicates with the server tier. The primary function of the client tier is to display, enter, and maintain data and to maintain metadata.
Server Tier
The server tier consists primarily of Web servers, Java application servers, and services.
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Lesson 1 Introduction to Financial Management The Web server enables you to access the Web-based portions of Financial Management. The application server contains the financial intelligence and connections to the relational database and OLAP engine. It also contains Performance Management Architect for managing metadata.
Data Tier
The data tier contains the relational databases for Financial Management metadata and source data, and Essbase cubes for extended analytics.
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Shared Services
W orkspace
Calculation Manager
Smart View
Shared Services
Shared Services integrates Hyperion products to provide user provisioning, life cycle management, and task flow management. It also provides the Shared Services Registry, a central repository that simplifies product configuration by storing and reusing information for most installed Hyperion products.
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Workspace
Workspace is the Web-based common user interface for Hyperion products. It enables users to work with Hyperion-authored content that is created with Reporting and Analysis and with third-party documents such as Microsoft Word and Excel files. You access Financial Management through Workspace. Workspace has the following key features: Dynamic HTML (DHTML), zero footprint client File system paradigm to access content Interface for common Reporting and Analysis administration task Access point for Performance Scorecard Support for Reporting and Analysis authoring studios and third-party documents
Smart View
You can use Oracle Hyperion Smart View for Office, Fusion Edition to enter and analyze data in Microsoft Office. Smart View provides integration with Microsoft Office, not only for Financial Management but also for Planning, Essbase, Web Analysis, Financial Reporting, Interactive Reporting, and SQR Production Reporting. Tasks that previously were repeated across products are now performed only once. Tight integration with Smart View enables you to perform the following tasks: Import content into Microsoft Excel, Word, PowerPoint, and Outlook Use Office smart tags to add single data values and import reports Distribute and share Office documents by logging on only once to the data source Expose functions for Financial Management and Essbase Analytics content in Word, PowerPoint, and Outlook
Calculation Manager
Calculation Manager is a module of Performance Management Architect that enables you to create, validate, and launch complex calculations that you can use in your Financial Management application. It provides a graphical interface for ease of use.
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Financial Reporting
Web Analysis
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Lesson 1 Introduction to Financial Management Windows clients consist of the following applications: Authoring studiosEach reporting tool provides a Windows application for developing specialized reports. Essbase Administration Services ConsoleEssbase provides management and data analysis engines for its multidimensional database. You can access Essbase through Administration Services and the Administration Services Console. The following table lists Reporting and Analysis modules and their features:
Module Oracle Hyperion Financial Reporting, Fusion Edition Hyperion Web Analysis Oracle Essbase Features Specialized financial reporting module with predefined formatting and built-in financial intelligence that enables users to quickly assemble and publish report books for management control and regulatory fillings Front-end analysis tool that enables users to explore business data for growth and profit opportunities, uncover emerging problems, and test solutions before using them Multidimensional database that extends the analytical capabilities of Financial Management by providing more detail, more dimensions, and sophisticated allocation routines Query and reporting tool with Web-enabled dashboard interface and ability to secure content based on different users Reporting tool that generates and manages large-volume reports, and allows users to distribute reports to diverse audiences over the Web
Financial Reporting
Hyperion products support multiple types of reporting and analysis through a personalized, intuitive, and interactive thin-client workspace. With Financial Reporting, you can graphically design and present analytic data. You can design traditional financial report formats, such as cash management reports, profit and loss statements, and balance sheets. You can also design nontraditional formats for financial or analytic data that includes text and graphics. The following are the key features of Financial Reporting: Flexible range of output options Scalable, cross-platform, server-based report generation
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Lesson 1 Introduction to Financial Management Graphical, object-based report creation with simultaneous access to multiple Hyperion data sources Objects that are reusable across multiple reports Book creation for similar reports Dynamic scheduling that enables automated reporting
Web Analysis
Web Analysis provides a Web interface for advanced report design. The interface offers drag-and-drop tools to create personalized reports for a broad range of analytic applications, such as sales analysis, product profitability, key performance management, and dashboards. Web Analysis interacts with data stores from Essbase, Financial Management, Planning, and relational databases.
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Lesson 1 Introduction to Financial Management Integrates with product tasks Provides end-user notifications Monitors the overall close process from a central dashboard Analyzes the effectiveness of the close
Disclosure Management
Oracle Hyperion Disclosure Management enables customers to assemble a reporting package for submission to a regulatory agency (for example, 10K or 10Q submitted to the SEC). The package includes financial statements, supporting schedules, and commentary in Excel, Word, or Financial Reporting documents. Each component of the reporting package can have different owners and groups of reviewers. Customers can distribute components to different users to complete, review, and approve, and then assemble the components into standardized outputs for submission to the regulatory agency.
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Lesson 1 Introduction to Financial Management FDM requires minimal IT involvement and offers a consistent, user-friendly environment that provides a uniform data collection process for all reporting units within the organization. It also contains financial-controls functionality to assist corporations with their internal financial-controls process. FDM contains prebuilt integration adaptors for Hyperion Enterprise, Financial Management, Essbase, and Planning; it can also be used to load data into any financial consolidation or analytical application.
ERP Integrator
Oracle Hyperion Financial Data Quality Management ERP Integration Adapter for Oracle Applications, Fusion Edition (ERP Integrator) is a module of FDM that enables you to: Integrate metadata and data from an Enterprise Resource Planning (ERP) source system into an Enterprise Performance Management (EPM) target application Drill through from the EPM target application and view data in the ERP source system
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Summary
In this lesson, you should have learned to: Describe Oracles Enterprise Performance Management System Enumerate the main features of Financial Management Discuss Financial Management architecture Describe Foundation Services Identify additional EPM System products
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