1 / 13

Financial Management Systems

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.”

shermanl
Download Presentation

Financial Management Systems

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Financial Management Systems • FINANCIAL PLANNING • TOP-DOWN OR BOTTUM-UP VERSITALITY • WHAT IF ANALYSIS

  2. 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

  3. Multi-dimensional • Account • Period • Years • Reporting Geography • Business Organization • Scenario • Version • Entity • Basis

  4. What kind of decision or problem is being considered? • Financial Forecasting • Modeling • Decision Making

  5. Who are the decision makers? • Management • Used by lower level planners • Reports generated for CFO and Board

  6. What Options are They Considering? • Growth Rate • Profit Margins • Expenses • Ect.

  7. What kinds of information are necessary to determine the benefits of the options under consideration? • Previous Months Forecast vs Actual data • Previous Years Forecast for that month vs Actual Data • Possibly 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.

  8. What kinds of models are necessary to examine that information? • Rolling Forecasts • Actual 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

  9. What kinds of problems in data collection and/or analysis are likely? • Planner Sandbagging • Excel models • What-if Analysis

  10. How would you address those needs in a DSS? • Hyperion Training • Elimination of Multiple Spreadsheets

  11. Excel Financial Planning

  12. Hyperion System 9

  13. Question Anyone?

More Related