Template V.16, July 19, 2011 Eliminating Spreadsheet Chaos Dan Aldridge CEO Performa Apps website linkedin Dan AldridgeDan Aldridge twitter

Template V.16, July 19, 2011 The Unsurprising Results Are In… 90% of all spreadsheets with 150 rows or more had errors. 75% of all spreadsheets had errors. 90% of companies are not confident that their spreadsheet forecasts and reports are accurate and reliable.

Template V.16, July 19, 2011 An Environment of Exasperation Enormous amount of time spent building and maintaining spreadsheets. Data collection, review, and submission processes are largely manual—and error-prone. Data is stored in myriad spreadsheet and databases. Changes to data must be promulgated manually. Version control is challenging, at best. Cycle time is unnecessarily long. Consolidating, unifying, and integrating data at any given level is difficult. Integration with other financial source systems is cumbersome or manual. Data analysis and reporting is slow and unreliable. 3

Template V.16, July 19, Bill the Budget Director Pauline the Department Manager Dave the Ass’t Division Director Unit Managers, I found a couple of small errors. Use this template instead. Dave, here is my budget input. I don’t see any difference. I’ll stick with my first to avoid confusion. Bill, here’s the Department’s submission. Hmmm, just noticed and fixed some possible small errors. I need Donna to confirm. You’re right, Dave. Good catch. Donna the Division Director Bill, here’s the Department’s submission. Dept Managers, here is the budget data entry template for all program data. Donna, something is amiss. A Typical Spreadsheet Conversation - Budgeting

Template V.16, July 19, 2011 So Why Do We Cling to our Spreadsheets? Because it feels easier in the short-term. Very short learning curve. End users can customize their spreadsheets with their own versions and calculations. Although this contributes to the problem. No IT assistance required. It’s already paid for, as part of Microsoft Office. No complicated contracting required. 5

Template V.16, July 19, 2011 We Can Have Our Cake and Eat it Too! Web-based, Excel-type interface makes user transition simple. One centralized database for one single version of the truth. Workflows for data collection, review, and submission activities are streamlined and automated. Built in security, control, and financial intelligence improve cycle time. Data and program analysis and reporting is immediate and actionable. Open architecture allows integration with other source systems. 6

Template V.16, July 19, 2011 Corporate Performance Management Management Reporting &Analysis Strategy Planning Budgeting Forecasting Consolidation ERP FMS CRM Big Data Data Management Web Views Workflow Approvals Text Comments Excel Views Exception Rules Copyright © 2011 Infor. All rights reserved.7 Security Cubes Databases Structure Source Systems (GL, ERP, CRM, SCM, Other) Application OpenLink Applications Web Excel Database Closed-Loop Performance Management BI

Template V.16, July 19, 2011 Infor CPM – “Hot” Vendor in Analyst Evaluation  Results from a Ventana Research Study….. Source: The Ventana Research Value Index: Financial Performance Management, November

Template V.16, July 19, 2011 For more info: Website: