Supercharge your Financials Planning Analysis and Close Reporting with Mobility Session ID: 10651 Prepared by: Ramke Ramakrishnan, Grant Thornton LLP @ramker18
Your presenter Ramke Ramakrishnan Principal Business Advisory, Grant Thornton LLP Philadelphia, PA Executive summary Ramke as a leader of Analytics practice in Grant Thornton specializes in delivering solutions around Business Analytics, Big Data and Data Science. As a recognized thought leader, he has been helping companies with delivering analytics to the business stakeholders and in leading strategic initiatives to execute smart, fact-based decisions with predictive analysis through Business Intelligence technologies. He has been a key leader and contributor for implementing Business Intelligence and Performance Management Reporting solutions by integrating various applications systems into analytics to empower business customers, IT executives and reporting end-users. Professional qualifications and memberships Deputy CTO (DCTO) - Oracle Business Intelligence Investment Partner Community (IPC) Publications Author, Self-Service Customer Portal: Use Metrics to Drive Process, Author, Foundation Analytics: Predicting Future Trends and Outcomes, Reviewer, Oracle Business Intelligence Enterprise Edition 11g: A Hands-On Tutorial, Packt Publishing 2
About Grant Thornton One of the world's leading organizations of independent audit, tax and advisory firms Grant Thornton LLP 2 (U.S.) $1.4 billion revenues 6,456 personnel 3 529 partners 38,000 people in over 100 countries 65% of Forbes Global 100 companies served by Grant Thornton International member firms 57 offices Grant Thornton International Ltd 1 US $4.7 billion revenues 40,197 personnel 3 2,975 partners 6 th largest global accounting and consulting firm 58% of of 2013 2013 Fortune Fortune 100 100 725 offices 3
Exclusively Focus and Specialization Specialization is achieved through competency development, business results, demonstrated expertise and verified client success Platinum achievement requires applied experience be demonstrated for at minimum of 5 product areas across the disciplines of pre-sales, sales, implementation and support Enables access to Oracle knowledge capital, product strategies and support resources not available to other partners which can be used to bring value to our clients Specialized in 16 product areas across ERP, HCM, BI and EPM enabling us to successfully deliver integrated, cost-effective, scalable solutions delivering Business Harmony for our clients ERP E-Business Suite JD Edwards PeopleSoft ERP Cloud Service HCM Cloud Service BI EPM BI Foundation Suite BI Applications Endeca DRM BI Cloud Service (BICS) Hyperion Planning Hyperion Financial Management HPCM Planning and Budgeting Cloud Service (PBCS) Specialized in 16 products across ERP, EPM, HCM and BI Our commitment to delivering Oracle valueadded solutions for your business 4
CFOs Want to Modernize Finance Some of the top Strategic Priorities for Global CFOs includes Improve Speed of Decision-Making Leverage High- Impact Technologies Restructure the Finance Skill Set Respond faster to internal and external clients Flex the business model in response to change Big Data Mobile Cloud-based systems Data analysis Systems expertise Business partnering Source: Oracle-Accenture Research: Empowering Modern Finance: The CFO as Technology Evangelist 5
Industry Trends on Mobile Use Mobile internet users are exceeding desktop internet users 33% of Business / Finance users will support the use of mobile devices. 33% of Business Analytics will be consumed by a mobile device. 6
Mobile Device Finance Trends With more demand to move financial data to a mobile device, certain financial activities and business processes will need to evolve Mobile Finance Trends Past Expense reporting Approvals Static financial reports Present / Future Month-end close Workflow Management Dashboards Interactive reports 7
Case Point for Mobile Analytics "Mobile Analytics should have the goal of doubling the Business Analytics user population." 8
Power of Pervasive Use 9
Mobile - Challenges and Opportunities Challenges & Misconceptions Replicating point / click technology Security and privacy concerns Mobile device performance Complexity of device management / BYOD Increasing demand of user requirements there s an app for that Matching device to business user role Managing yet another application Opportunities Anywhere anytime accessibility Increased usage of existing Business consumers New Analytics consumers serving different roles Executive / leadership accessibility Increased production / efficiency Improved customer service Reduced supplier costs through collaboration Center-led mobile solutions 10
Mobile Finance Leading Practices As planning and performance management processes are evolving in the mobility space, the following benefits have already emerged as leading practices in most of the finance organizations Makes Finance organization toperate faster, from anywhere, anytime and in a iterative way by enabling planning and control functions to operate continuously Enables Finance to better support lines of business by being more agile, provide autonomous and coordinated planning cycles and help them to be self sufficient and independent Helps Planners to be more productive and help improve innovation and growth to effective decision-making and improved cost structures for planning Improved transparency and flexibility leads to lower risks and enable rapid reporting Provides continuous monitoring of performance and helps automatically adjust their scenario plans 11
Oracle EPM Mobile Overview Oracle EPM accessible through Mobile provides a Common workflow app across Planning, Financial Management, and Tax Provisioning Available for access from iphone and Android-based smartphones Targets on-the-go review and approval by managers and executives Leverages Oracle s Mobile Application Framework (MAF) technology Additional functions are now available in mobile for Data Relationship Governance and Financial Close Management 12
OFMA Overview Oracle Financial Management Analytics Applications Enables mobile delivery of consolidated financials and close process metrics for finance executives and business users Provide direct access to data in Oracle Hyperion Financial Close Suite applications Enhanced Business Model to simplify building custom dashboards. Leverages HFM member lists for quicker configuration. Highly Configurable out of the box dashboards. Ability to setup Alerts for key accounts 13
Income Statement on Mobile 14
Oracle Financial Reports using Mobile 15
Oracle Planning On Mobile Browser Interface Optimized For Tablets Supports Mobile and Desktop User Interface Built With Mobile In Mind Full Write-back And End-user Functionality Forms, Reports, Launch Rules, etc HTML5 based Consistent Interface With Oracle Fusion Apps 16
Oracle Planning in the Cloud Oracle Planning and Budgeting Cloud Services (PBCS) provides simplified user interface with Mobile and desktop friendly Multiple OS and Browser support Consistent across Oracle Cloud services Multiple themes and user defined background Announcements and custom profiles Minimalistic yet resourceful End user and admin separation points 17
Oracle Financial Performance Reporting Cloud Service Address Internal and Statutory Financial Reporting Needs Narrative-based management reporting and external disclosures in one solution Complete: Authoring, collaboration, commentary and delivery Secure: Role-based, auditable access on desktop and mobile devices Enterprise Grade: Security, High Availability, Scalability Fully Managed: Patched, Backed Up, Upgraded by Oracle 18
Financial Performance Reporting Monitor Manage Preview Review Workflow (approve, reject) 19
Oracle BI Mobile Analytics - Overview Brings analytics to all business processes Enables internal users to take action quickly, smarter No longer is analytics and reporting and after-the-fact process Oracle BI Mobile Analytics Solution Profile: Built on OBIEE Foundation Hybrid Architecture Employs webkit layout engine Wrapped in a native ios shell Integrated Security (SSL and SSO) Zero Training Required: supports all pre-built analyses, dashboards, Publisher reports, action frameworks, scorecards, alerts, catalog navigation and search Optimized for mobile experience: gestural interactions, orientation recognition, and layout optimizations 20
Oracle BI Mobile Analytics - Overview Access mobile app through Apple Store Simple configuration of BI Environment and server information Optimized content layout and display Functionality of the platform not a new application Application of same security defined in BI presentation services Invoke actions including business workflows, messages and posts, navigation to related BI and web content, executing Java method Execute ERP / CRM workflows remotely 21
Oracle BI Mobile Analytics - Overview Redesigned Homepage Enhanced Prompts Enhanced Graphs Enhanced Graphs (GPS Enabled) New Scorecard capabilities Rich format Email Always Available (save to device) 22
Oracle BI Mobile Analytics - Overview Ability to develop rich visuals and interactive HTML5 web apps consumable on variety of mobile platform and devices beyond ipad Simple interface to select and build data visualizations from OBI Semantic layer, BI Publisher Data Models as well as direct from Excel data sources Provides interactive, search and navigation option on reporting with an ability get answers to key business questions from mobile devices In addition to Oracle Mobile HD, Mobile App Designer gives a variety of options with customizing the look and feel to different groups within the organization with no installation plugins, application downloads or specific security requirements on user s mobile device 23
Mobile Application Designer - Overview Easily Create Mobile Analytical Applications Any Platform, Any Device, Any Screen Size Enterprise Integration, Security, Performance, Scalability MAD Features Open the apps in any modern browser on any type of mobile device without installing an App Mobile apps created using Mobile App Designer also feature responsive design Layout adapts to the size of the browser window and the device being used, making them suitable for deployment on all devices. Mobile apps use the same security model used by OBIEE 24
Best Practices for Deploying Mobile Understand the Role of Data Architecture and Governance SOS (Start on Security) Now! Segment Users and Their Requirements Start Small / Start Quickly Target Widespread User Adoption Develop purpose built mobile applications Embed Mobile Analytics into the BI Competency Center 25
Mobile Deployment Model Segment users and their requirements Understand how mobile will differentiate the experience What users will be benefited by mobile? How will visualization improve experience? Segment Users and their Requirements Data Visualization Reaction Recognition Retention Executive Financials Operations Mgmt. Mobile Sales Force Projects R&D Start Small Start Quickly User Experience Adoption Engagement Satisfaction 26
Mobile Application Designer Mobile Deployment Model Focus on technical capabilities Understand devices and how users will interact Mobile HD Experience Target Widespread User Adoption Executive Financials Operations Mgmt. Mobile Sales Force Projects R&D Actions and Alerts Understand the Role of Data Architecture and Governance Address non ios (app) platforms Offline Capabilities Address data management polices Processes and Policies to Drive alerts 27
Mobile Application Designer Mobile Deployment Model Secure access, authentication, containerization SOS Start on Security Now! Executiv e Financial s Operation s Mgmt. Mobile HD Experience Mobile Mobil e Sales Force Projects R&D Enterprise information policy aligned to mobile devices Actions and Alerts Embed Mobile Analytics in BICC Address mobile devices and apps in existing support structure Offline Capabilities Enterprise or BYOD 28
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