Oracle’s EPM System and Strategy

Oracle Hyperion Financial Data Quality Management (FDM) 11.1.1 for

HFM
Michael van der Merwe
Oracle BI & EPM Strategy Team - FDM
Agenda

• FDM Overview & Positioning

• FDM demonstration

• Questions
 Financial Data Quality Differentiated

Financial data quality management is a business issue, and

is defined as the practice by which companies can effectively
and consistently combine the following four factors:

• Financial data collection and transformation

• Repeatable financial processes
• Internal controls
• Audit trails
Hyperion Financial Data Quality Management helps finance users increase their
confidence in the numbers and lowers their cost of compliance by eliminating data
integrity risks associated with collecting, mapping, validating, and moving critical
financial data from across the enterprise.
Points of Failure in Data Load

Set
Data Goals
Quality Align Plan
Gap Insight
Performance
Action

Report Monitor

Analyze

 Manual data entry  Duplicate data  Incomplete data

 Unbalanced files  Data load failure  Data validation
 Submission error  Data mapping  Consistency check
Customer Challenges

• Errors in financial data collection

• Financial restatements
• Inconsistent account structure
• Dozens of source systems
• No audit trails back to the GL/Source data
• Weak controls around data collection
• Lack visibility and transparent processes
Oracle EPM System Delivers Confidence
with FDM
Audit Trails Data Collection
 Integrate Controls questions and Transformation
 Store current and historical  Read and interpret any
mapping definitions G/L trial balance file
 Store supporting documents  Mapping validation against
target system dimensions
 Data integrity checking
against data validation rules
FDM
Repeatable
Processes Internal Controls
 Source financial document
 Single standard and archival
defined solution for any  Prepackaged audit and
target application internal control reports
 Standardized database schema  Comprehensive role based
 Standard upward data certification process security
Integrated Governance Risk and
Compliance
Transactions Reporting

CFO Dashboard CFO

Oracle GRC Manager

Application Configuration Controls Application Access Controls

Tax Tax
ERP: Hyperion
Hyperion Calculations Filing
Oracle, Financial
Financial
SAP, Financial and Mgmt.
Data Quality Management Reporting
XBRL/SEC
Legacy,
Management
Other Reconciliations

Infrastructure Services CIO

Oracle/Hyperion Partner
FDM Architecture
Guided Workflow User Interface

FDM Server Hyperion

Oracle EBS EPM Adapters
•Data cleansing •Financial
and •Prepackaged Management
•ERP files transformation •Planning
•Flat files integration
•Data Staging •Data loading
Tax
•Essbase
•XLS •Advanced data Filing
•Enterprise
•CSV including
mapping supplemental
•Etc…. •Task data, line item
scheduling detail, journals, TaxStream
•Text and drill-back
document •Dimensional
•Database archive mapping Custom
•DataMart •Audit review verification •Database
•DataWH •Compliance •Process •DataMart
•Reporting management •DataW/H

Import Validate Export/Check

Data Flow

100% Audit trail

Oracle Hyperion
Linking Hyperion to Oracle E-Business
Suite

Workspace

Hyperion FDM Release 11.1.1

Oracle EBS 11i GL

Oracle’s Hyperion Financial Data
Quality Management Benefits

• Confidence in the numbers – Hyperion FDM provides robust audit

trails from source systems to target with robust validation
capabilities, providing transparency into the numbers

• Decrease cost of compliance – Hyperion FDM with its internal

control checks over the process ensure adherence to company
policies and procedures, enhancing controls while lowering costs

• Speed and agility – Improve the EPM cycle by days with a Finance
owned and maintained application that is quick to implement and
supports a simple, easy to follow, repeatable process
FDM Demonstration
Imports from Any Source

End users “Import” their source

financial data (from files, DB’s or
Oracle EBS) into FDM eliminating all
manual changes ensuring complete
accuracy.
Smart Dimensional Mapping

Invalid Dimension Map Problems are identified

for easy correction. FDM allows for simple or
complex cross-dimensional and conditional
mapping of data.
User Driven Data Validation Rules

End users are given feedback on the

quality, accuracy, and completeness
of the data that they loaded to HFM,
so they are accountable, and can
participate in the data integrity
management process. Additional
adjustment data may be loaded via
flat or Excel files.
Traceable from “Source to Report”

Audit trail includes the ability to drill

back from HFM accounts to source
data, whether the data is contained
within a file or DB/EBS.
Traceable from “Source to Report”

Users can “drill down” into GL detail

for a single location and intersection.
The Open Source System Link will be
visible when sourcing data from EBS.
Source data will also be available via
a snapshot file.
Traceable from “Source to Report”

EBS landing page is shown with same

context as drill-back page, the
account balance detail is available
from the EBS landing page.
FDM Reports

The Intersection drill-down report allows

for a view of all current source to target
maps for all dimensions in one view, with
values. The report is available in PDF,
Word, Excel, HTML and RTF formats by
default.
Visibility Through Dashboards

The Close and Controls

documentation status report provides
further visibility into the process. See
quickly who has loaded data into HFM
& who has reviewed and then
submitted their attestation.
Supports Sarbanes Oxley Certifications
and Assessment Requirements

Sarbanes Oxley control questionnaires

allow end users to attest to the validity of
financial data.

Business process areas are grouped into

sections and questions can be tied to
activities for monitoring and testing. Built
in workflow allows for promotion of
responses to the next review level.
These questions apply to Section 302
Review Certification, as well as monitoring
the 404 control framework.
Questions?

[email protected]