Streamlining your Close Process with new solutions from Oracle Hyperion

FCM - Financial Close Management DM - Disclosure Management EAL Essbase Analytics Link Michelle Pretlow Master Principal Solutions Consultant

Disclaimer This document in any form, software or printed matter, contains proprietary information that is the exclusive property of Oracle. Your access to and use of this confidential material is subject to the terms and conditions of your Oracle Software License and Service Agreement, which has been executed and with which you agree to comply. This document and information contained herein may not be disclosed, copied, reproduced or distributed to anyone outside Oracle without prior written consent of Oracle. This document is not part of your license agreement nor can it be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. This document is for informational purposes only and is intended solely to assist you in planning for the implementation and upgrade of the product features described. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described in this document remains at the sole discretion of Oracle. Due to the nature of the product architecture, it may not be possible to safely include all features described in this document without risking significant destabilization of the code. Copyright 2009, Oracle and/or its affiliates. All rights reserved. 3

The Complete Financial Close Solution Only Oracle Can Deliver Transactions Reporting CFO Dashboard Governance, Risk & Compliance Financial Close Management ERP: Oracle, PSFT, SAP, Other Data Assurance Financial Consolidation Tax Calculations Financial and Mgmt. Reporting Tax Filing Disclosure Management XBRL/SEC Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Copyright 2009, Oracle and/or its affiliates. All rights reserved. 4

Close Process and Key Activities Close Sub Ledgers into GL (i.e. AR, AP, FA, etc.) Gather and validate complete data sets to support all financial reporting needs (i.e. Legal Entity, Segment, Management, Tax, Sustainability Metrics, etc.) Deliver self service reporting to the organization for performance discussions and plan realignment Automate and deliver Edgar & XBRL filings, Statutory filings, Tax, etc. Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Perform Reconciliations Bank Reconciliations Standard Account Recon Sub Ledger Recon Post Accruals Automate consolidated financial reporting leveraging multiple hierarchies and calculations (i.e. CTA, FASB, KPI s, FX, Retained Earnings, Topside Entries etc.) Automate external reporting gathering disclosures and financial information Copyright 2009, Oracle and/or its affiliates. All rights reserved. 5

Workflow and Task Management Issues Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Lack of visibility to tasks across financial systems, departments, regions, etc. Manual spreadsheets are used to manage the financial close calendar Hope and email are core to the process Account reconciliations are managed manually Task management is fragmented and manual Copyright 2009, Oracle and/or its affiliates. All rights reserved. 6

Oracle Financial Close Management Streamline the Extended Close Process PROCESS MONITORING Executive Dashboard Views ACTIVE CALENDAR Active integration with EPM and ERP systems TASK MANAGEMENT ACCOUNT RECONCILIATIONS Centralized web based task management and collaboration Automation through matching capabilities and integration with all sources Copyright 2009, Oracle and/or its affiliates. All rights reserved. 8

Process Monitoring Encourages continuous improvement to the close process Dashboards and ad-hoc reporting offers instant real time insight into the close processes Easily illustrates current process status Automatically updates status on process tasks Highlights which tasks are at risk or behind schedule Copyright 2009, Oracle and/or its affiliates. All rights reserved. 9

Active Financial Close Calendar Details all the tasks required for the financial close process Multiple views of close process flow Calendar view Tasklist view Gantt view Customizable for each user Calendar view Copyright 2009, Oracle and/or its affiliates. All rights reserved. 10

Task Management Support multiple task assignment types Milestone tasks Simple end user manual tasks Integrates with EPM and EBS task assignments (i.e. AR sub ledger close to GL) Complex system automation Supports task hierarchies, dependencies and grouping Tasks can be incorporated into user s primary email/calendaring systems MS Outlook, others Copyright 2009, Oracle and/or its affiliates. All rights reserved. 11

Account Reconciliations Improve the close by controlling the account reconciliation process Automatically identifying reconciling differences Integrating all relevant information into one application regardless of source Ensure policy compliance Manage reconciliation process Assignment, submission, approval Copyright 2009, Oracle and/or its affiliates. All rights reserved. 12

Document Management and Creation Issues Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Management and creation of critical documents is manual (Debt Covenants, 10Q/K, Board Package and Presentation, etc.) Process for 10Q/K, EDGAR and XBRL are disconnected (error prone) Gathering and managing commentary is manual Adjustment of financial data is manual MS Word documents sent to 3 rd party who reformats and files with EDGAR (error prone) MS Word files are converted to XBRL by 3 rd parties or manually (error prone) Copyright 2009, Oracle and/or its affiliates. All rights reserved. 14

Today: Multiple Disconnected Processes for 10K/10Q, EDGAR and XBRL XBRL filing is in addition to standard EDGAR/SEC filings. It s not a replacement for 10K/10Q. 10K/10Q SEC s EDGAR Etc. Etc. 3 rd parties like Bowne, Merrill involved heavily at a cost! Copyright 2009, Oracle and/or its affiliates. All rights reserved. 15

Oracle Disclosure Management Covers the entire process of taking a company s consolidated results and transforming them into specifically stylized statutory filings Document creation process manages the entire distributed development of the statutory report Simple end user experience leverages user s preferred document application - Microsoft Word Built-in, extensive XBRL reporting capabilities including full instance document creation and validation Supports multiple output formats Copyright 2009, Oracle and/or its affiliates. All rights reserved. 16

Document Creation Process Document life-cycle management Creation / breaking up into doclets Combine multiple documents into master document Enables versioning of artifacts Provides review cycle Process management Enables distribution of tasks Status reporting Monitor tasks Notifications Integration with e-mail system, workspace, MicroSoft Office Copyright 2009, Oracle and/or its affiliates. All rights reserved. 17

XBRL Reporting A complete XBRL creation and management solution Enterprise XBRL mappings Report tagging - MicroSoft Office or Oracle Hyperion Financial Reports Metadata tagging Hyperion Financial Management, Essbase, Hyperion Planning Taxonomy management including extension and version control Support for multiple taxonomies Instance document management Creation and validation Comparison between companies Copyright 2009, Oracle and/or its affiliates. All rights reserved. 18

XBRL: Just another output format Output will support various regulatory authorities USGAAP - SEC IFRS - European Exchanges, Asia The following output formats are supported for the main document: PDF Word XBRL HTML XHTML (in-line XBRL) EDGAR Copyright 2009, Oracle and/or its affiliates. All rights reserved. 19

Oracle Essbase Analytics Link for HFM Seamless integration of HFM with Essbase Real-time or On Demand Custom Financial Analytics Extending HFM with zero impact on the HFM servers More users, more reports, bigger queries Simple and automated implementation Low cost of implementation and ownership Oracle owns the integration Standard part of the EPM platform CFO Dashboard Financial Reporting Management Reporting ERP: Oracle, SAP, PSFT, Other Data Assurance Financial Consolidation Essbase Analytics Link Essbase Transactions Reporting

Transparent, Real-Time Integration HFM User Essbase User

FCM - Financial Close Management DM - Disclosure Management EAL Essbase Analytics Link Michelle Pretlow Master Principal Solutions Consultant

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