EPS SAP/ORACLE based Solutions for Enterprise Performance Management (EPM)

 

EPS client can choose to deploy in the cloud or on-premise, our solutions for EPM – also known as corporate performance management (CPM) – The process can improve corporates ability to strategize and plan, analyze and optimize, and close and disclose.

 

EPS SAP/ORACLE Analytics Cloud for Planning

 

Plan, analyze, predict, and collaborate across the business in a single SaaS application. Powered by EPS SAP/ORACLE database in-memory technology,  it can simplify and link strategic, financial, and operational planning eliminating the need for separate planning products or standalone spreadsheets.

 

Planning, Budgeting, and Forecasting Capabilities

 

• Top down or bottoms up, variance analysis reporting, and what if simulations

• Plan at any level and graphical allocations

• Predictive forecasting

• Collaboration and commentary, workflow and task assignment

• Deep integration with EPS SAP/ORACLE and non-EPS SAP/ORACLE data allows for seamless data flows of trusted data, not more data silo’s

• Fully supported and free of charge Industry and Line of business content

 

EPS SAP Business Planning and Consolidation / ORACLE Hyperion Financial Management

 

This on-premise BPC/HFM software delivers planning, budgeting, forecasting, and financial consolidation capabilities in a single application. Customers can easily adjust plans and forecasts, speed up a budget and closing cycles, and ensure compliance with financial reporting standards.

 

Planning, Budgeting, and Forecasting Capabilities

 

• Fast-track planning, budgeting, and financial forecasting processes.

• Easily adjust plans and forecasts – and speed up the budget and closing cycles.

• Ensure compliance with financial reporting standards.

 

EPS SAP/ORACLE BASED Profitability and Performance Management

 

Optimize business performance and improve the bottom line with the EPS SAP/ORACLE based Profitability and Performance Management application. Empower your teams with actionable insights from sophisticated models such as profitability and cost allocations, driver-based planning, shared-services costing, cash-flow modeling, and funds- and liquidity-transfer pricing.

 

Profitability and Performance Management Capabilities

 

• Support of all major allocation methods known for revenues, costs, capital, reserves or any other type of key figure, both in the costing and account based approach.

• Supports all required levels of granularity through an unlimited number of allocation rules and with the highest complexity.

• Strong integration with EPS SAP BPC / ORACLE HFM enabling the use of allocation rules of actuals for planning data.

• Modern reporting for interactive simulation, the graphical representation of rules in allocation function and Sankey diagram for cost flow.

Two steps are required to effect the change:

 

1. The formulation of common reporting terminology across the organization

2. Implementation of an integrated information system for the entire organizational hierarchy and functions

The advantages of working with the system:

 

• A significant reduction in the duration of preparing the consolidated financial report, specifically in the areas of data collection, formulation of one cross-group terminology, improving the inter-company operations, calculation of conversion principals, etc;

• The system is SOX compliant;

• Cost reductions of the external accounting firm audit;

• An improvement of the financial team’ efficiency (no more wasted time of monitoring, verifying and collection of data, manual typing and time freed for a quality analysis of the data);

• Minimization of human-error-induced problems;

• Based on credentials, the data is available to everyone and anytime, effectively reducing the dependency and wasted time due to time-zone differences of the various globally-spread companies;

• The availability of the data and the use of the system’ sophisticated report generators facilitate the rapid and flexible production of numerous diverse reports with minimal investment of valuable resources;

• Changes in the group’ structure do not require a dramatic adjustment to the reporting packages and/or the consolidation process;

• A reduction of the time required to produce Pro-forma statements, restatements or simulations;

• A reduction of the time required to shift from a presentation based on one accounting regulatory set to another;

• A single database is used for both management and accounting reporting, effectively eliminating the need to compare and contrast these reports. Since the data source is one, the results will forever be identical.

• With accessibility to data originating in the subsidiaries, down to a leaf level account, and sometimes to the single ledger entry, a lot of time is saved that was once required to monitor the data source. Dependency on the accountants at the subsidiary level and their availability is eliminated, specifically concerning the inter-company adjustments;

• The system and its analytical controls cleanse the data while it is input’ ensuring fidelity and reliability of the data and providing a significant time saving;

• The investment required to implement the system is dwarfed by the system’ advantages (the firms professional are needed for an intense commitment mainly during the specification and system testing phases.

 

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