Transcript Corporate Overview - FORCES | Florida Organizations Realizing

PUBLIC SECTOR PLANNING & BUDGETING
Corporate Overview
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HQ out of Tampa, FL
Midwest Regional Office, Indianapolis, IN
 West Regional Office, Denver, CO
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Oracle Gold Partner with over 70 years of combined
BI & EPM experience
Staffed with resources that posses 6-15 years hands
on architect & implementation experience
Focus is solely on Oracle BI & EPM solutions
Technologies We Specialize In
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Oracle|Hyperion Essbase
Oracle|Hyperion Planning
Oracle|Hyperion HFM
Oracle|Hyperion FDM
OBIEE
OBIA
Oracle DRM
Oracle|Hyperion Reporting & Analysis (Financial Reporting,
Web Analysis, Smart View)
Oracle Data Integrator
Oracle BI & EPM Infrastructure
Introductions
Vince Tran
Principal Architect - VECG
Hyperion Essbase and Planning Certified
 12 Years experience with Hyperion
Products
 10 Years hands on experience with
Hyperion Planning & Essbase
Enterprise Performance Management
Link strategies to plans and execution
 Monitor financial and operational results
against goals, and applying analytics
 Drive enterprise-wide performance
improvement
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EPM Suite of Products
Planning & Budgeting Challenges
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Approvals – Many levels of review and negotiation
Disconnected – Sometimes not reflecting mission
realities
Cost – Consumes too many resources and time
Inflexible – Cumbersome to change and priorities
change
Iteration – Submission, revision, pass-back,
adjustments
Complexity – Across programs, across authorization
committees, across departments
Centralized Planning & Forecasting
PSPB Key Features
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Prebuilt data forms
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Prebuilt task lists
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Prebuilt calculation logic
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Supports grade as well as
grade & step based salary
structure
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Ability to define breakdown
cost elements
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Decision packages and
budget requests for
requesting incremental
funding of all types of costs,
including compensation
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Allows multiple allocations
across fund, cost center and
programs
Unlimited what if scenarios
Narrative justification and
multiple public and private
notes and attachments in
funding requests
Creation of revisions to
capture changes to adopted
budgets
Configurable Budget
hierarchies
MS Office integration
PSPB Advance MS Office Support
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Complete budgeting task in MS Office
environment
 Use of Excel
Rich end-user functionality
 Ad-hoc analysis and reporting
 Dynamic data points across multiple
Office products (Word, Power Point,
Outlook)
Collaborative Budget Preparation
Key Enablers of Collaboration:
 Web based data forms
 Electronic workflow integrated with email
systems
 Task list based processes integrated with
MS Outlook task list
 Multi layered security for control and
flexibility
Collaboration: Electronic Workflow
PSPB Budget Models
Oracle Hyperion PSPB provides a flexible approach for detailed
compensation modeling. It supports the following budgeting models:
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Employee: Employee information is used for developing and
tracking detail cost at the individual employee level.
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Position: Position information is used for developing and tracking
budget detail cost at the individual position level.
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Position and Employee: This is most comprehensive model in which
information is captured at position level, employee level and
employee assignment to the position. This model not only tracks
filled positions but also vacant positions and partially vacant
positions, bringing the budgeted amount closer to potential cost.
This is the most popular model in state and local governments.
Position/Employee Budgeting
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Position/Employee
Configuration
Budgeting
 COLA
 Longevity
 All compensation
elements
Integration with ERP
Developing Alternative Scenarios With
Decision Packages
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Decision packages are used for identifying
revenues, expenditures, and new positions in a
separate bucket, thus allowing organizations to
differentiate between the necessary and desirable
budget items
Hyperion PSPB allows organizations to capture
decision package details, such as their purpose
and whether the budget request is one time
activity or recurring
Organizations can also capture key
results/objectives as well as the cost and revenue
impacts of the decision package
PSPB Decision Package (continue)
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Once decision packages are submitted, each
package can be tracked separately using a
configurable electronic workflow feature of Oracle
Hyperion PSPB
Management can evaluate each decision package
separately and approve or reject it as per business
needs
PSPB Decision Package (continue)
Integration with External ERP
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Build dimensional hierarchies
Populating smart lists
Extracting Budget and Actuals
Extracting position, employee and employee
assignment to position information from HRMS
system
Deploying budget in transactional system
Publish Budget Book
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Budget is not just an exercise of resource
allocation but also a mechanism of
communication of policies and programs
Once a budget is finalized, the government entity
publishes its budget book
PSPB supports budget book creation. Combining
data from various sources
A budget book can be refreshed with changes
made within the source data, cutting from
adaptation to publishing a budget book.
Publish Budget Book (continue)
PSPB Business Benefits
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Reduced deployment time and cost by leveraging
pre‐built data forms, task lists and the calculation engine
Prepackaged position, employee and position &
employee budget models incorporates best business
practices of the industry
The application provides the ability to track costs at
individual position levels, helping organizations
improve management of their costs
The application allows users to configure budgetary
review and approval hierarchies, cutting approval cycle
time
PSPB Business Benefits (continue)
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The out of the box integration and available adapters
allows Hyperion PSPB to integrate with virtually any
ERP application. Data integration dramatically improves
meta‐data management process, and reduces the time to
load data from external systems and load back to
external ERP system
The built‐in budget book feature reduces the time
required for publishing a budget book after a budget is
adopted
Our Pledge
Not just another vendor, but an experienced
Partner.
Thank You
Vince Tran
[email protected]
Thank You
For copies of this presentation, please contact:
Dean Collura (Director of Sales)
at 813.404.7527
or
[email protected]