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Planning
- 1. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Plan for Profitable Growth Oracle Planning and Budgeting Cloud Service Benjamín Abaunza CFO Marketing Leader Oracle Jan, 2015 Oracle Confidential – Internal/Restricted/Highly Restricted
- 2. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | 6 people? 25 people? How Many People In Your Organization Are Involved in Planning and Budgeting? EVERY MANAGER IN THE ORGANIZATION!
- 3. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | It’s Efficiency that Counts Do More Inputs Result In More Accurate Forecasts? TIME 60 days to create forecast QUALITY 80% data collection COST 3% annual revenue Source: Hackett Group, Financial Executives International, Buttonwood Group
- 4. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | of surveyed companies currently use or will consider deploying EPM in the cloud over the next year Finance sees the benefits of Cloud Cloud Can Help > 75% Source: Oracle 2014 Top Trends Research
- 5. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Finance Sees the Benefits of Cloud Source: Oracle 2014 Top Trends Research
- 6. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | The Oracle Advantage: Flexibility & Simplicity ManagedBuild Subscribe Private Cloud Customer owns license Provider owns infrastructure Provider manages Provider owns infrastructure Customer manages Customer owns infrastructure
- 7. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Oracle Cloud Oracle Planning and Budgeting Cloud Service Infrastructure as a Service Platform as a Service Software as a Service Secure Personalized Connected Part of Oracle Cloud
- 8. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Oracle Planning and Budgeting Cloud Service World Class Planning with the Simplicity of the Cloud First-in-Class Functionality Flexible Deployment Fast Adoption
- 9. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | • Limited resources • Too much time spent on non-value add activities • Current systems do not allow LOB self-service • Current systems not made for modern business users Market Requires New Capabilities And Speed
- 10. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Fast Adoption with Planning and Budgeting Cloud Service Fast Adoption • Intuitive role based interface, mobile ready • Virtually zero training with built-in starter kits and online tutorials • Create once consume on Web, Mobile and MS Office • Application diagnostics with governors to simplify administration
- 11. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Benefits of Fast Adoption No Capital Infrastructure investments or depreciation Owned by LOB with minimal reliance on IT Accelerate Budgeting by leveraging existing spreadsheets Mobile collaboration and increased participation
- 12. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | FROM MONTHS TO MINUTES – NO CAPITAL INVESTMENTS
- 13. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | “ Oracle has thoughtfully designed the new Oracle Planning and Budgeting Cloud Service. The offering provides all the functionality of Oracle Hyperion Planning and includes cloud-specific enhancements to accelerate deployment and make it easy for users to get going with little to no training.” — Kirill Parfinenko, Takeda Pharmaceuticals LLC “The pre-delivered training in Oracle Planning and Budgeting Cloud Service is a great value add to the customer. This training helps to accelerate deployment by facilitating on-boarding, education and buy-in for the product when rolled out.” — Maria Hugo, Finance Systems Manager, Salmat
- 14. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | In Dynamic Markets, Accurate Planning and Forecasting is a Challenge Yet accuracy is needed to drive profitable growth
- 15. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | First-in-Class Functionality Based on proven technology First-in-Class Functionality • Flexible workflow and plan management capabilities • Intuitive web interface with full MS Office integration • Built-in management reporting capabilities • Extensive spreadsheet integration for efficient data entry and set up • Out of the box support for best practices such as rolling forecast, multi-currency
- 16. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Reduce Risk with Predicted Forecast Outcomes Predictive Modeling •Move from ‘conventional’ to ‘advanced’ scenario modeling •Review full range of outcomes •Quantify the risk of not achieving your goals •Know the probability of outcomes •Understand key factors impacting your business
- 17. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Proven On-Premises, Optimized for the Cloud ** Oracle Business Analytics, Customer Value Index—October 2012
- 18. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | “Oracle Planning and Budgeting Cloud Service will provide a high degree of value to our customers by helping to remove barriers to implementing a world class planning and budgeting application. The Oracle solution is extremely flexible, scalable, and feature-rich with functionality on par with the Oracle Hyperion Planning on-premises offering.” — Chris Boulanger, VP EPM Practice, Cervello “Many of our customers are growing rapidly, and they need their systems to keep pace. With Oracle Planning and Budgeting Cloud Service, customers are able to improve the accuracy of their budgeting and forecasting processes by moving away from manual spreadsheets. They don’t need to worry about the back-end infrastructure and can feel confident in knowing that the service can scale as quickly as their business.” — Kirby Lunger, Partner, Performance Architects
- 19. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Benefits of First-in-Class Functionality Core Strategies to Become a Strategic Business Partner Evolve from disconnected spreadsheets and planning systems Drive planning beyond finance across the enterprise Connect operational assumptions with financial outcomes Simplify, standardize and automate routine transactions
- 20. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | SYSTEMS HAVEN’T KEPT UP market volatility operating margins better reporting Integrated business planning cost management dynamic forecasting uncertainty shorter close Improved forecast accuracy
- 21. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Flexible deployment Options with Planning and Budgeting Cloud Service
- 22. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Simplify Technology Choices Flexible Upgrades Flexible Deployments 2014 - 2015
- 23. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | “The addition of Oracle Planning and Budgeting Cloud Service to Oracle’s Cloud portfolio offers us more choice in deployment. We found Oracle Planning and Budgeting Cloud Service particularly easy to use with good response times and all the functionality that we expect from a sophisticated planning application.” — Steve Tevault, Database Administrator, Friendly’s
- 24. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Oracle’s Cloud Leadership 29 Million End Cloud Users 19 Global Data Centers Cloud Customers In 34 Languages Cloud Customers in 180 Countries 12,000 Cloud Enterprise Customers 22 Billion Transactions/Day
- 25. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Benefits of Flexible Deployments Core Strategies to Become a Strategic Business Partner Simplify technology choices Mix & move between deployment models as business changes Virtually no learning curve Same Oracle security & reliability of all Oracle Cloud deployments
- 26. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Oracle Planning and Budgeting Cloud Service
- 27. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | • Core Planning and Budgeting Functionality • Web and Excel access • Built-in multidimensional reporting managed by the planning application • Built-in Data integration • Two environments with each subscription: production and pre-production Oracle Planning and Budgeting Cloud Service
- 28. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | Optimized for the Cloud 1. Application diagnostics with governors 2. Automated scaling based on user demand 3. Scheduled daily maintenance 4. Scheduled patches and version upgrades 5. Automated backup process 6. Excel based admin capabilities 7. Standard 3 plan types plus four reporting environments 1. Intuitive, easy to use, landing page 2. Best practices for designing an application 3. Training videos and tutorials library included 4. Guided demo application included 5. Detailed task list template covering build, test, and rollout phases 6. Deep MS Office integration 7. Ability to separate planning and reporting Administration & MaintenanceAccelerate Adoption
- 29. Copyright © 2014Oracle and/or its affiliates. All rights reserved. | In Conclusion: World Class Planning with the Simplicity of the Cloud •Fast Adoption •First-in-Class Functionality •Flexible Deployment
Editor's Notes
- #2 This is a Title Slide with Picture slide ideal for including a picture with a brief title, subtitle and presenter information. To customize this slide with your own picture: Right-click the slide area and choose Format Background from the pop-up menu. From the Fill menu, click Picture and texture fill. Under Insert from: click File. Locate your new picture and click Insert.
- #3 So, let’s start off with a simple question – do you know how many people in your organization are actually involved with Planning and Budgeting? <click> Planning extends far beyond the walls of the finance organization. Every department in your company is involved in developing a plan and budget, with at least managers and business analysts directly participating. The reality is that the vast majority of planning and budgeting work is done outside FP&A by LOB users
- #4 And while common wisdom holds that more inputs can help lead to more accurate forecasts, the problem is that often these inputs are applied via disconnected processes on spreadsheets. The result is a huge amount of inefficiency and general loss of productivity in the Planning process. According to a recent study by Hackett and FEI, on average: On average it takes a company on average 60 days to prepare a budget. 80% of employees spend time gathering data in the Planning process This can add up to 3% of a company’s revenue, or $1,000 per employee! Slide Transition: So, how can a cloud-based solution help?
- #5 Obtaining the input and intelligence of line of business managers becomes much more feasible with a cloud-based model that can be easily and flexibly rolled out across the organization. While a couple of years ago, we still saw reluctance in the Finance department around adopting cloud applications, largely driven by security and data confidentiality concerns, this has changed rapidly. We’ve seen this within our own customer base over the past couple of years, and confirmed by a recent survey we conducted: CFOs are increasingly buying into the Software-as-a-Service (SaaS) model. Over the next year, 75% of companies surveyed use or will consider deploying EPM in the cloud.* *Source: Oracle 2014 Top Trend Survey
- #6 Finance also sees huge benefits of moving to the cloud and find this compelling. In fact finance consider this a game changer in allowing them to do more with less and faster. No having a huge capital outlay upfront and the ability to get up and running quickly was substantiated by the results of the Oracle 2014 Top Trend survey where 70% were motivated to avoid the large upfront investment and 62% favored the ability to get up and running quickly.* *Source: Oracle 2014 Top Trend Survey
- #7 This is where Oracle marks a difference. From a technology standpoint, Web-based planning, budgeting and forecasting applications have become popular over the past 8 years, because of their ease of deployment and flexibility in supporting dynamic, event-based planning and forecasting. At Oracle, we continue to lead the market with over 3,800 customers worldwide that have adopted our Hyperion Planning solution. Most Hyperion EPM customers have deployed these applications on-premise. In addition, since over 5 years ago, Hyperion EPM applications have been available as hosted solutions through Oracle Managed Cloud Services (formerly called Oracle On Demand) or through many of our hosting partners around the world. Now we are starting to deliver the new generation of EPM applications via the Oracle Cloud, leveraging the experience gained with our market-leading technologies on-premise and hosted, but with the simplicity of the cloud. Cloud-based applications can remove adoption barriers for many organizations that didn’t have the IT resources or budget for packaged software applications in the past. Definition of the different cloud types on the arrow: There are different ways to consume software and technology with cloud computing. In addition to traditional on-premise models, customers can build their own private clouds or use a third party provider like Oracle to manage their IT for them as managed services. And then there are Public Clouds, where hardware and computing resources are shared amongst customers and there is no hardware at all to buy or software to manage – your technology is delivered as a subscription-based service..
- #8 Oracle Planning and Budgeting Cloud Service is part of Oracle Cloud, specifically part of the Application or SaaS services. It shares the same infrastructure, security, operations, etc. with the rest of Oracle Cloud. Oracle delivers a full suite of integrated, enterprise-grade applications services. By choosing Oracle Cloud, businesses can avoid the fragmented data and business processes that can result from using multiple, siloed clouds from different vendors. Oracle has invested many years and billions of dollars in R&D and strategic acquisitions to offer the most comprehensive, modern, flexible, and secure cloud on the planet. Companies of all sizes rely on Oracle’s broad suite of applications and enterprise-grade platform, all of which offer social, mobile, and business analytics capabilities.
- #9 So let’s look more closely at Oracle Planning and Budgeting Cloud Service. It is based on the market-leading Hyperion Planning application but built for and optimized for cloud. Or, as we like to say, World-Class Planning with the Simplicity of the Cloud. There are three key points that I want to take you through now: Fast adoption First-in-class functionality Flexible deployment
- #10 So, the market is moving and therefore momentum is building for many finance functions to look at modernising their operation. This is also something that we are seeing, from the many discussions and engagements we have had with CFO’s, there are three common change themes that is enabling those CFO’s to take a different approach to the critical business process of budgeting and forecasting. Moreover, many organizations have limited IT staff and know-how, and they lack the financial resources to make capital investments in hardware or purchase software licenses One of the issues that companies face with regard to rolling out planning systems beyond finance is that current systems do not allow line of business self-service.
- #11 Oracle Planning and Budgeting Cloud Service eliminates those challenges and enables rapid adoption or world-class Planning processes across the organization. We have included a number of capabilities in the service to make it extremely easy to get users up and running with virtually zero training needed, leveraging: - A new intuitive role based interface which is mobile ready - A large amount of online help and tutorials. - Best practice design templates and guides - Guided application navigation features that literally take a new user through the whole process of building an application - Plus diagnostics and governors that assist with monitoring and troubleshooting an application. Oracle Planning and Budgeting Cloud and Oracle Financials Cloud (GL) leverages the powerful Oracle Essbase calculation and business rules engine to plan, forecast, and simulate changes to your business.
- #12 The benefits of Fast Adoption with Oracle Planning and Budgeting Cloud Service are evident. [Summarize key benefits]
- #13 In the end, it’s about the Speed and Flexibility for deploying planning and budgeting in your organization, but without giving up application capabilities.
- #14 We ran a customer and partner preview program several months ago, and the feedback was extremely positive. The quote here emphasizes rapid deployment and the ability to get users going with little to no training. [Note on customer preview – these customers have not yet purchased Planning and Budgeting Cloud Service. They have merely previewed and tested the functionality. Please do not represent as a standard reference customer.] Another preview customer was rather impressed with the built-in training and online help/tutorials that come with Oracle Planning and Budgeting Cloud Service.
- #15 Moving on, the next point is First-in-Class functionality The planning environment has changed considerably for most organizations in today’s global economy. Global recession, erratic growth and recovery, market volatility all make accurate planning and forecasting a challenging process. In fact, a survey by CFO Research Services revealed that 40% of CFOs can only accurately forecast one quarter into the future. To make matters worse, a recent Oracle survey on planning and forecasting revealed that 93% of finance managers globally are drowning in spreadsheets. This was especially true in the area of budgeting, planning and forecasting with 75% of respondents indicating they used spreadsheets in this area. While spreadsheets are easy to use and are the preferred tool for many professionals, they are not well-suited for enterprise-wide processes like planning when they are disconnected.
- #16 Oracle Planning and Budgeting Cloud Service solves this problem by delivering first-in-class functionality via both, a browser interface and Excel. It leverages the code base of the market-leading Hyperion Planning application, including the Oracle Essbase multi-dimensional analysis engine, workflow and process management, and other pre-built functionality to address planning and budgeting requirements. Planning and Budgeting Cloud Service supports driver-based planning to help connect operational assumptions to financial outcomes, and supports a hierarchical planning process that encompasses both corporate finance and the lines of business within an enterprise.
- #17 It also delivers a powerful predictive budgeting engine out of the box. This allows you to move to an advanced modelling process where you can run stochastic modeling and monte carlo simulations against your data. It allows you explore a range of outcomes and give you a high level of confidence on the outcomes of your budget. This reduces risk and allow you to focus on the key factors impacting your business.
- #18 Indeed, that’s a very important benefit of Oracle Planning and Budgeting Cloud Service. While it’s a new cloud application, it leverages the code base of the market-leading Hyperion Planning, which has seen rapid adoption over the past 10 years with close to 4K organizations implementing it. Many of these deployments have become quite large with over 1000, and some even over 5000 users globally. This is what sets Oracle apart in the marketplace, proven on-premises technology, now optimized for the cloud.
- #19 This is a quote from one of the Partners who participated in our Preview Program. Very impressed with the functionality of Oracle Planning and Budgeting Cloud Service –very robust, with comprehensive functionality on par with our on-premise technology. Here another Preview Program Partner speaks about how Planning and Budgeting Cloud Service allows organizations to move away from disconnected spreadsheets to a more mature, workflow-enabled formal planning process on the cloud, to improve the accuracy of their budgets and forecasts.
- #20 In short, the benefits of First-in-Class Functionality delivered in Oracle Planning and Budgeting Cloud Service are clear. [Summarize key benefits]
- #21 Executives and managers are continuously looking for ways to help their organizations survive and thrive in an uncertain and volatile economic environment. Some common initiatives include cost management, greater forecast accuracy, more flexible planning and budgeting processes, risk management etc. But the challenge that most companies face today is that the systems that are in place are outdated or lack the tools & functionality required to respond to this evolving environment, resulting in high costs to integrate and maintain applications.
- #22 Many companies are assessing Cloud options in parallel with traditional upgrades of on-premise solutions. But they are cautious because they do not want to be locked into a single approach from vendors that can only offer either a Cloud solution or an on-premise solution with no way back. For most organizations today, flexibility of deployment holds the key to the way forward. That is, the ability to adopt public, private and hybrid Clouds as desired and to alter the mix when business circumstances dictate it. Only Oracle can deliver this leveraging its own hardware, database, and applications technology, plus its cloud infrastructure. Oracle has been offering applications in the Cloud for more than 12 years supporting the disparate needs of small, medium and large multinational organizations. And now we are further extending this value with Oracle Planning and Budgeting Cloud Service.
- #23 Unlike niche cloud vendors, Oracle lets you decide when upgrades happen, so you don’t have to go through planned downtimes at a critical time. With Oracle’s flexible upgrade schedule, you can choose an upgrade window that best fits your business. You also have flexible deployment options, so you’re not locked into a single deployment mode forever. Because Oracle Cloud is built on open standards, it enables a smooth transition from on premise to the cloud -- and even the ability to move applications back and forth between Planning and Budgeting Cloud Service and Hyperion Planning on premise, through Lifecycle Management (LCM) packages, which is proven technology from the Hyperion applications portfolio. In addition, you can seamlessly integrate data between your cloud and on premise applications in a hybrid or co-existence fashion.
- #24 As noted by this customer that participated in the product Preview Program, having a choice of deployment is a critical, highly valued benefit.
- #26 So this is how Oracle Planning and Budgeting Cloud Service delivers Flexibility in Deployments. [Summarize key benefits]
- #27 Before we conclude, let me summarize a few details of Oracle Planning and Budgeting Cloud Service
- #29 service, built and optimized for the cloud, includes features to help accelerate adoption, such as built-in starter kits and online tutorials, best practices, deep Excel integration , or diagnostics and governors to simplify admin & maintenance.