1. Hyperion Financial Management / Financial Data Quality Management 101 Mike Malwitz Director, Product Strategy

2. Agenda Public Sector Customers - Maurice HFM/FDM “101” - Mike Futures - Mike Demonstration - Kim

3. Copyright © 2008, Oracle and/or its affiliates. All rights reserved. 3 Selected Public Sector Customers Copyright © 2007, Oracle. All rights reserved. Financial Consolidation & Reporting

4. Copyright © 2008, Oracle and/or its affiliates. All rights reserved. 4 Consolidated Federal Financial Statements at the Department of Veterans Affairs BEFORE Cumbersome, manual effort to produce Federal Financial statements for the entire agency. Unable to access to financial data from multiple G/L’s and legacy systems across the agency. Expensive and error-prone process to roll-up financial statements from sub-agencies, departments, and bureaus. Difficult to support internal control & audit requirements for OMB Circular A-123. AFTER Accurate, consistent, and timely financial reporting from across the Agency. Auditable financial statements to accurately reflect Agency finances. Increased transparency into Agency financial position during the current quarter. Enhanced capabilities to analyze financial activity and results across disparate systems and departments. Can quickly produce financial statements. The VA provides patient care and administers veterans' benefits with high quality, prompt and seamless service to veterans. The VA is committed to help veterans get the services they have earned.

5. Copyright © 2008, Oracle and/or its affiliates. All rights reserved. 5 Department of Veterans Affairs Consolidated Federal Financial Statements “The Department of Veterans Affairs (VA) completed another successful year by receiving an unqualified audit opinion for the 9th consecutive year from our external auditors... the Hyperion Financial Management reporting system, initiated in 2006, was used to produce the 2007 quarterly and consolidated financial statements. This system is now completely producing VA’s consolidated financial statements using a standardized and repeatable process.” Robert J. Henke Chief Financial Officer

6. Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Close Sub Ledgers into GL (i.e. AR, AP, FA, etc.) Perform Reconciliations Bank Reconciliations Standard Account Recon Sub Ledger Recon Post Accruals Deliver self service reporting to the organization for performance discussions and plan realignment Automate external reporting gathering disclosures and financial information Automate and deliver Edgar & XBRL filings, Statutory filings, Tax, etc. Gather complete data set to support all financial reporting needs (i.e. Legal Entity, Segment, Management, Tax, etc.) Automate consolidated financial reporting leveraging multiple hierarchies and calculations (i.e. CTA, FASB, KPI’s, FX, Retained Earnings, etc.) Close Process and Key Activities

7. Why? Accounting Research Bulletin (ARB) 51 and IAS27. From ARB51, “The purpose of consolidated statements is to present, primarily for the benefit of the shareholders and creditors of the parent company, the results of operations, and the financial position of a parent company and its subsidiaries essentially as if the group were a single company with one or more branches or divisions.” To achieve the purpose of consolidated financial statements, the it is required that those statements must report as faithfully as possible the financial position, results of operations, and cash flows of a reporting entity that comprise a parent and its subsidiaries. Underlying that conclusion is the need of investors for relevant, reliable, and comparable financial information that is helpful to them in assessing an entity’s financial position and performance and in comparing information with similar information for other periods and with similar information about other entities. Information about all of the economic resources that an entity controls and all of its activities is essential to a fair assessment of its performance. ARB 51 further states, “There is a presumption that consolidated statements are more meaningful than separate statements and that they are usually necessary for a fair presentation when one of the companies in the group directly or indirectly has a controlling financial interest in the other companies”.

8. Financial Consolidation Activities Collecting Data Making Adjustments Validating Results Distributing Reports

9. Financial Consolidation Process Income Statement Actual Budget Variance Sales11010010% Costs5050-% Margin605020% Expenses302520% Income302520% Taxes1520(25%) Net Income155100%

10. Primary Profile

11. Secondary Profile

12. Third Profile

13. Customer Needs

14. The Financial Consolidation Challenge Deliver High Value and Reduced Cycle Times Source: Hackett Group Benchmarking-Solutions Book of Numbers Collect dataClose Adjustments Currency I/C Subsidiaries Report Management Legal External Analyze 6 Days 12 Days Average CollectCloseAdjustmentReportAnalyze and Forecast <2 Days6 Days World Class More time!

15. Customer Challenges Financial restatements Inconsistent account structures Dozens of source systems Mergers and Acquisitions Changing disclosure requirements More operational data Rising audit fees

16. 16 © 2009 Accenture All Rights Reserved. USD Spent in Millions on IFRS Conversion Company Revenues USD Spent in Millions on IFRS Conversion The amount of estimated spend on IFRS varies widely within each category of company size, with some companies in the same size category expecting to spend far more than their peers. Accenture Survey Insights Investment Analysis $23.2M $27.1M $48.5M $131.9M $160.9M $0.0 $20.0 $40.0 $60.0 $80.0 $100.0 $120.0 $140.0 $160.0 $180.0 $1 Billion to $4.9 Billion US $5 Billion to $9.9 Billion US $10 Billion to $19.9 Billion US $20 Billion to $49.9 Billion US $50 Billion US or more 0.731% 0.200% 0.141% 0.103% 0.298% 0.000% 0.100% 0.200% 0.300% 0.400% 0.500% 0.600% 0.700% 0.800% $1 Billion to $4.9 Billion US $5 Billion to $9.9 Billion US $10 Billion to $19.9 Billion US $20 Billion to $49.9 Billion US $50 Billion US or more Source: Accenture 2008 IFRS Survey

17. Enable a Streamlined Financial Close Cycle Your Auditors Will Approve, Year after Year Finance Owned and Operated – Finance owns both: the results and the system Packaged Application – Out-of-the-box financial intelligence – minimal ongoing consulting Open and Agnostic – Data from any source, but with full controls Designed for Sarbanes-Oxley and IFRS Compliance – 1000s of customers passing audits every year Data Cleansing & Transfer Consolidate/Tax Internal Reporting & Analysis External Reporting & Compliance

18. Solving Financial Consolidation and Reporting Issues

19. Hyperion/Oracle: 25+ Year History Governance, Sustainability, Convergence, Electronic Reporting Accelerated Filings, IFRS Sarbanes-Oxley, SAS99, COSO Euro – Euro Transition FAS131/IAS17 – Segment Reporting FAS95/IAS7 – Cash Flow Reporting FAS94/IAS27 – Minority Interests FAS52/IAS29 – Fx Trans Global Impact Micro Control Hyperion Enterprise Hyperion Financial Mgmt 3500 CFOs Helped Hyperion Financial Mgmt, Fusion Edition

20. Our Heritage Functionality 1981 1996 1991 1999 2005 Micro control Hyperion Enterprise SE Hyperion Enterprise XA Hyperion Enterprise 5/6 Hyperion Financial Management System 9 Helping 3,500 CFOs 2001 Scalability 2008 Fusion Edition

21. Market Leading Performance Management Applications PERFORMANCE MANAGEMENT APPLICATIONS Strategy Management Business Planning Profitability Management Financial Reporting & Compliance EPM Workspace OLTP & ODS Systems Data Warehouse Data Mart SAP, Oracle, Siebel, PeopleSoft, Custom Business Process OLAP Fusion Middleware Business Intelligence Foundation BI Applications EPM Workspace Excel XML

22. Oracle Performance Management Applications Master Data Business Rules Metrics/KPIs Targets, Plans & Actuals Strategic Planning Cost and Profitability Management Define Costing Methods Perform Allocations Report & Analyze Define Cost Drivers Financial Close Process Data Cleansing Consolidate Internal Reporting & Analysis External Reporting & Compliance Cascade Targets Allocate Resources Forecasting Detailed Budgeting Planning and Budgeting Set Strategic Objectives Corporate Development Treasury Strategies Long-Term Planning

23. Oracle Financial Consolidation and Reporting Applications & Tools Purpose Built for Each Step of the Process Financial Close Process Data CleansingConsolidate Internal Reporting & Analysis External Reporting & Compliance Hyperion Financial Data Quality Management Hyperion Financial Management Hyperion Web Analysis Smart View Hyperion Financial Reporting

24. Hyperion Financial Management FEATURES Simple to customize Easy to integrate Financial Data Quality Complete audit trails Flexible workflow Powerful reporting Finance owned & operated Financial Consolidation, Reporting & Analysis BENEFITS Confidence in the numbers Reduce cycle time Automate collection & validation Lower cost of compliance Speed and agility #1

25. Hyperion Financial Management Functional Architecture Browser/Windows/Smart View Client MS Office Integration Data Entry & Consolidation Formatted ReportsDashboards Currency Translation & Eliminations Journals Role-Based Security Security Logs Meta Data Repository Interoperability Fail-Over and Load Balancing Server Data Inter-Company Processing Process Management Line Item Management Custom & Predefined Dimensionality Audit Tracking GAAPIFRS Compliance Rules Engine Data Import/Validation Documents attachments Cell text

26. Oracle Hyperion Financial Management Accelerates Reporting Cycles and Reduces Costs of Compliance Patented financial consolidation and reporting features Complete audit trails, workflow and validations “Smart Dimensionality” Flexible “what if” scenario management features Powerful, reporting and analysis tools Full integration with ERP and other transaction systems Easy to customize and extend Web-architected

27. Oracle Hyperion Financial Management, Fusion Edition – New Features New Equity Pick-up Module Phased Submissions Enhancements Intercompany Transaction Enhancements Oracle BI Publisher Templates for System Reports Extended Analytics Creation of Flat Files Extended 64 Bit Platform Support Drill-through to Oracle EBS Financials and SAP R/3 via FDM

28. Communication s Media Financial Services ConsumerTechnology EnergyIndustrialRetail Life Sciences Services/Other Oracle Financial Management Solutions Customers 1,500+ worldwide, with 40% in Europe

29. Addressing Global Compliance Needs SARBANES-OXLEY REQUIREMENTFINANCIAL MANAGEMENT Section 302 – CEO/CFO must certifySubmissions contain audit trail Section 404 – Internal control reportMandatory review/approval procedures Section 401 – Conditions for use of non-GAAP financial measures Multiple organization hierarchies and chart of accounts U.S. auditing standardsAutonomy from transaction systems Accelerated reportingWeb solution, I/C reconciliation, journals IAS/IFRS REQUIREMENTFINANCIAL MANAGEMENT Global Standard, ConvergenceIFRS, Multi-GAAP, and local statutory Recognition and measurementCustom dimensions; financial intelligence, journals with audit trail Consolidation and reportingSegment reporting, specialized currency, inter-company, disclosures

30. Financial Data Quality Management The Only One of it’s Kind! SOURCE SYSTEMS Data cleansing and transformation Task scheduling Text and document archive Audit review Data staging Prepackaged integration Data loading including supplemental data, line item detail Dimensional mapping verification Process management Excel Flat files Oracle EBS PSFT SAP Hyperion Financial Management Hyperion Planning Hyperion Essbase Hyperion Enterprise Hyperion Strategic Finance Data Marts DATA PREPARATION SERVER EPM SYSTEMS GUIDED WORKFLOW USER INTERFACE BPM Adapters

31. Integration Product Update Oracle University Recording Now Available Link: http://oukc.oracle.com/static05/opn/login/? r=-1&c=711587152&t=checkusercookieshttp://oukc.oracle.com/static05/opn/login/? r=-1&c=711587152&t=checkusercookies

32. Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Futures: Integrated Financial Close Solution Hyperion Financial Management Hyperion Financial Data Quality Management Disclosure Management XBRL/SEC Financial and Mgmt. Reporting ERP: Oracle, SAP, Legacy, Other Tax Filing Financial Close Management CFO Dashboard Tax Calculations Transactions Oracle/Other Partner Reporting Future Release Governance, Risk & Compliance

33. Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Workflow and Task Management Issues Lack of visibility to tasks across financial systems, departments, regions, etc. ‘Hope’ and email are core to the process Account reconciliations are managed manually Tasks are managed with check lists

34. Sub Ledger Close General Ledger Close Data Assurance Consolidation Internal Mgmt Reporting External Financial Reporting Filing Document Management and Creation Issues Management and creation of critical documents is manual (Debt Covenants, 10Q/K, Gathering disclosures is manual Versioning of disclosures is manual File creation for XBRL and EDGAR performed by 3 rd party

35. Streamline the Extended Close Process Process Monitoring Financial Calendar Single Task List Automated workflow Ensure Compliance Email and calendaring (e.g. Outlook) Account Reconciliations

36. Ensure High Quality Report Submission Document creation Workflow and approvals MS Office centered Multiple report formats Embedded XBRL

37. Estimated Delivery – February 2010 Financial Close Management – HFM Integration Disclosure Management – XBRL Only

38. Embedded XBRL Reporting Offer a complete XBRL creation and management solution Enterprise level XBRL mappings Tagging within MS Office – Word or Excel Tagging in the EPM system Report level – Financial Reports Data source metadata - HFM, EPMA, Essbase, Planning Taxonomy management including extension and version control Support for multiple taxonomies Instance document management Creation and validation Comparison between companies 38

39. Multiple Output Formats Output will support various regulatory authorities USGAAP - SEC IFRS - European Exchanges, Asia The following output formats are supported for the main document: PDF Word XBRL HTML XHTML (in-line XBRL) EDGAR 39

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44. Copyright © 2008, Oracle and/or its affiliates. All rights reserved. 44 Data Integration / Quality Management Crosswalk Validation Web Access Journal Entry Intra / Inter Agency Reporting Consolidations Audit Trail (Task / Data) Workflow Approval Reporting (Publish, Ad hoc, Dashboard) GL’s Data CleansingConsolidate Internal Reporting & Analysis External Reporting & Compliance Financial Management Demonstration

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