Financial Management Systems FINANCIAL PLANNING TOP-DOWN OR BOTTUM-UP VERSITALITY WHAT IF ANALYSIS

Who Uses Hyperion “Hyperion provides best-in-class performance management software to over 12,000 customers worldwide, including 91 of the Fortune 100.” Letty Ledbetter Oracle Public Relations

Multi-dimensional 1. Account 2. Period 3. Years 4. Reporting Geography 5. Business Organization 6. Scenario 7. Version 8. Entity 9. Basis

What kind of decision or problem is being considered? Financial Forecasting Modeling Decision Making

Who are the decision makers? Management Used by lower level planners Reports generated for CFO and Board

What Options are They Considering? Growth Rate Profit Margins Expenses Ect.

What kinds of information are necessary to determine the benefits of the options under consideration? Previous Months Forecast vs Actual data Previous Years Forecast for that month vs Actual Data Possibly multiple year forecast to locate a trend Information about crop yields Information about other competitors Information about the weather (they use the farmer’s almanac & look at trends from previous years) Information about what part of the world the crop grows best in and how it has grown in each specific location in the past Information from Strategy about where the company is headed.

What kinds of models are necessary to examine that information? Rolling Forecasts Actual vs Forecast reports for prior months and years (which are provided by using Hyperion Essbase Reporting) Special models in excel that provide strategy information and crop yield information Reports showing competitors reported numbers

What kinds of problems in data collection and/or analysis are likely? Planner Sandbagging Excel models What-if Analysis

How would you address those needs in a DSS? Hyperion Training Elimination of Multiple Spreadsheets

Excel Financial Planning

Hyperion System 9

Question Anyone?