What is ESG and Why Does it Matter
Designed by Freepik Most people have heard of ESG investing, but what exactly is it? ESG stands for Environmental, Social, and Governance. In short, it’s investing in companies that are doing good for the planet and society. ESG investing is not just about feel-good philanthropy – it can also be a smart financial strategy. Companies…
Read moreFail to Plan, Plan to Fail
Fail to Plan, Plan to Fail The new year presents companies with an opportunity for introspection and to realign their goals. You may have had a bad year and want to resurrect your business financials or have had a pretty good year, and want to build on that success. Here are some key points to…
Read moreEssbase – An Evolution Over Time
Essbase – An Evolution Over Time We can all agree that Essbase Database is the backbone of the EPM suite, but do we know about its evolution over time? Here are some major points in its history, where Essbase was at the forefront of Arbor, Hyperion and Oracle strategic financial decision making. Essbase Timeline and…
Read morePBCS Vs Excel
PBCS Vs Excel Microsoft Excel certainly has its place in the workplace, and has helped many start ups and SMEs get off the ground. Once a company begins to grow, however, spreadsheet software has its limitations. A better long-term solution for financial planning and analytics is to migrate to a more shareable, scalable, and trackable…
Read moreOracle EPM On-Premise and Cloud Direction
Oracle EPM On-Premise and Cloud Direction Oracle EPM On-Premise and Cloud Direction. Since its launch, EPM has been the go to financial product of choice for large companies across the world. Due to its lower cost, EPM cloud is now enabling smaller companies to reap these benefits previously only enjoyed by larger corporations. In order…
Read moreCloud Computing Costs Considerations
Cloud Computing Costs Considerations Cloud computing offers the potential to reduce many IT related costs. Enterprises can save money on hardware, software, and the maintenance needed to keep pace with the technology by sharing cloud computing resources. However, often companies are left with insufficient guidance when it comes to estimating the costs related to cloud…
Read moreWhat’s in a name – PBCS vs EPBCS
What’s in a name – PBCS vs EPBCS About PBCS v. EPBCS, so after careful deliberation, you’ve decided that PBCS is the planning software you need to help grow your organization, but now the question is which version – The original, or the newer EPBCS? What are the differences between the two offerings, and what…
Read moreOracle Tax Reporting Cloud (OTRC)
Oracle Tax Reporting Cloud (OTRC) Taxation Reporting in the Cloud delivers is the seventh EPM module available in the cloud, based on the highly successful on-premises tax solution, but completely re-engineered for the cloud. With a framework to enable organizations to improve their tax processes while complying with all the latest global regulations. Multinational organizations…
Read moreWhat is EPRCS and how it is changing corporate reporting
What is EPRCS and how it is changing corporate reporting EPRCS is changing corporate reporting. The quality of a company’s reporting can affect how its management is perceived—and can even affect the business’ cost of capital. In addition to corporate valuation considerations, we are witnessing an increase in global and regulatory mandates around narrative reporting…
Read moreIs EPRCS Management Reporting the Hyperion Financial Reporting Killer?
Is EPRCS Management Reporting the Hyperion Financial Reporting Killer? You won’t typically find feature comparisons between EPRCS Management Reporting (MR) the Hyperion Financial Reporting (FR) as ostensibly they are intended for different purposes. That said, EPRCS Management Reporting keeps growing and growing, and adding more features and functionality that were previously only found in Hyperion…
Read moreThe 6 Key Considerations when Migrating from HFM to FCCS
The 6 Key Considerations when Migrating from HFM to FCCS FCCS migration is all the rage at the moment, and you have probably heard that it is very easy to migrate any of your HFM applications to the cloud. In most cases this is true, but occasionally some applications can prove more difficult to move…
Read moreFrom SAP Standard Model to SAP BPC Embedded model
From SAP Standard Model to SAP BPC Embedded model In the last couple of years, we have seen a growing interest in the SAP BPC embedded model, resulting in productive deployments all around the globe. This can be explained by providing an alternative to the SAP BPC standard model in which data replication needs have…
Read moreStrategic Modeling within Oracle Planning Cloud
Strategic Modeling within Oracle Planning Cloud About Strategic Modeling Strategic Modeling (SM) is a solution that combines a set of rich financial forecasting and modeling features with built in on-the-fly scenario analysis and modeling capabilities. It helps users quickly model and evaluate financial scenarios, and offers out of the box treasury capabilities for sophisticated debt…
Read moreMultinational textile company
Legal consolidation and management, as well as group planning. Reporting application with treasury provisions. System: Oracle HFM / FDMEE System: Oracle HFM / FDMEE System: Oracle HFM / FDMEE The solution is reviewed on a quarterly basis, with the 3+9, 6+6, and 9+3 formulas being created. The total number of businesses perimeters considered is 40, with 60 users.
Read moreGlobal leader in inspection, testing, and certification
Legal and management consolidation, as well as a Treasury Reporting and Planning model. System used: Oracle HFM / FDMEE System used: Oracle HFM / FDMEE System used: Oracle HFM / FDMEE The consolidated is fed via corporate interfaces and text files. With 180 users connected to the implemented solution, the total number of business perimeters exceeds 300. Automatisation of data load via interface, reduction of closing times, and acquisition of…
Read moreConsolidation of the Touring group made consisting of tour operators and hotel chains from all over the world
Legal, fiscal, and management consolidation in stages, based on a business perimeter of 16 sub-consolidated companies and 52 companies. System: Oracle HFM, FDMEE, ERPI System: Oracle HFM, FDMEE, ERPI System: Oracle HFM, FDMEE, ERPI Implementation with 25 users, including remote locations in Mexico, the Dominican Republic, Jamaica, Argentina, and Luxembourg. Data automation and access to ERP via a connector in the implemented solution. Changes to the organisation…
Read moreGroup of companies that produce and market wines and spirits, with a strong presence in the national and international arena.
Consolidation on a double metric with homogenisation adjustments based on closings in different fiscal periods. System: SAP BPC System: SAP BPC System: SAP BPC The perimeter is made up of 36 companies located all over the world, with a total of 45 users. The information from three different combined source systems (transactionals), as well as templates for subsidiaries outside of the…
Read moreConsolidation for Spain’s leading editorial group
Legal, fiscal, and management consolidation project. Creation of a unique accounting plan for all models. System: Oracle HFM, FDMEE System: Oracle HFM, FDMEE System: Oracle HFM, FDMEE Automatization of master data warehousing. The responsibility for feeding and validating data is passed down to the subsidiaries. Once the data has been consolidated, it is uploaded to the Group’s repository for users to review. The management…
Read moreConsolidation for the leading water distribution company in Spain.
Pre-estimation project for the estimation and subsequent monitoring of completed projects. Integration of the planning solution with the consolidation solution. System: Oracle HFM, FDMEE System: Oracle HFM, FDMEE System: Oracle HFM, FDMEE Legal and fiscal consolidation in stages, with a focus on maintaining the consolidation of individual businesses. The accounting plan is tailored to the needs of the foreign matrix. The intercompany conciliation process…
Read moreEl puzle de nuestras soluciones EPM: de la estrategia a la realidad
Completando el Tangram (el puzle de nuestras soluciones EPM): de la estrategia a la realidad. Los retos a abordar: ¿Cómo definir un plan estratégico viable y realista? ¿Cómo aterrizar mi plan estratégico en un presupuesto realizable? ¿Qué puedo hacer para reducir el tiempo invertido en generar mis previsiones? ¿Es posible realizar diferentes Forecasts a lo…
Read moreConsolidación con SAP BPC 10.1 Embedded
Strategic Modeling within Oracle Planning Cloud Tactic, consultora experta en procesos de consolidación y planificación, y SAP, líder en soluciones tecnológicas, les invitan a compartir las «best practices» para convertir la consolidación en un proceso clave para mejorar el rendimiento corporativo de las empresas, reduciendo los tiempos del proceso de cierre y generación del reporting,…
Read more