Introduction to ORYX

1. Introduction to ORYX

2. Agility without Control Accounting by Spreadsheets presents the following challenges to Finance: XLS XLS XLS XLS XLS These factors make spreadsheets expensive * Study by Panko (2008)

3. Control without Agility Working with Dashboard or Reporting Solutions presents some different challenges: The high technical barriers lead to a shortage of suitably skilled people in the market. Realised benefits fall short of expectations often because of a sluggish response to business change.

4. Control or Agility? High cost Dashboards OLAP Tools Control Agility Spreadsheets Low cost

5. Add More Value Before ORYX.. With ORYX 80% of time - Crunching data 80% of time – Adding value 20 % of time 80 % of time Analyse and Add value 80% of time 20% of time AUTOMATED

6. End-to-End Automation NOT DATA PROCESSING Process Automation requiresboth Data Processing And Presentation

7. Introducing ORYX for Finance ORYX is a desktop solution that significantly reduces number-crunching, provides control and retains agility by automating: … improve performance whilst still retaining ad-hoc capability

8. ORYX Principles ORYX is built on the following principles:

9. How ORYX Works ORYX automates complex processes end-to-end with a single click: • Report • Allocate • Analyse • Reconcile • Consolidate • Plan

10. Acquire • Obtain and process data from multiple databases • Only extract required data (Performance) • Used existing sources(No redundancy, inconsistency, duplication) • Use existing mappings and reference data • Data also obtained from text (CSV etc), spreadsheet, XML, etc

11. Validate • Validation embedded into processes (eg. data mapping tests) • Test applied irrespective of who runs the process • Allows data from multiple sources to be combined in a controlled way • Tests easily added to existing processes to prevent new errors • ORYX processes become more robust over time, not less

12. Process • Processes normally automated without scripting • Full parameterisation using filters • User feedback in real time • Full process logging:

13. Rules-Based Processing • Sequential rules-based processing • Full process visibility • Greater process agility • Process configuration changes quickly prototyped and deployed • Change rules /process without costly rebuild • Full rule validation before processing starts

14. Analyse Data • Drill to transaction • Query data at any level of detail • Full Audit trail

15. Dimensional Analysis • ORYX OLAP functionality provides intuitive analysis, slice-and-dice, KPIs, all with rapid drill-to-source.

16. Present and Report • Turn existing analysis views into a distributable report with a few clicks • Reports can be rapidly adapted to changing business requirements • ORYX reports balance to the original analysis, reducing issues arising from having “multiple versions of the truth” and improving query resolution time

17. ORYX Forms and Scripting • Familiar form design framework (based on .NET) • Developer optimisations • Scripting available where custom actions / logic required • Full intellisense / inline help provided

18. ORYX Community ORYX has been implemented in various large multi-national organisations with users located globally: UK, Europe, USA, Australia, Hong Kong, Singapore and others. “ORYX has saved 90% time with expense report automation: 4.5 working days saved” “With ORYX systems reconciliation has reduced from 2 hours to 5 minutes - 95% time-saving” “ORYX has cut the process time from 4 hours to a few minutes during the month end”

19. ORYX Benefits ORYX reduces 40-hour possesses to minutes. In fact, a single ORYX development has saved an investment bank approximately £650,000 per year.