HFM TIPS &TECHNIQUES

HSS:It provides a central location to manage user provisioning,LCM,and task flow management for all
EPM System products.
Also It includes the shared services registry,which is a central repository that stores and reuses
information for most EPM System products Installed

EPMA:It allows Creating,Maintaining,Synchronizing the core applications through a graphical interface
and It works with Calculation manager,Planning,HFM,Essbase,Profitability,
and Cost Management

To implement HFM we need to have two groups
Internal
External

Internal Team:SME,aPP aDMNISTRATOR
Infrastruture support, and a Project Manager

External Team:
SME'S: HAS Accounting required,Including Tax,Treasury,Management Reproting and especially
Consolidation accounting
.Subject Matter Exper's
Second thing we need to slect App Administrator Which is a critical thing
Although HFM uses Visual basic spots and has scripting,HFM is not a tool used by Infrastruture group,it
is a finance tool
Project Manager to communicate risks,track tasks to the budget,
Most full implemenataion takes 5 to 8 months .


HFM Project Time Line


First Month:Establishing Requirements and Design

Installation,Adminsitrator Training and Change Control Process Meeting Should also happen during this
month


Second and Third Month:Building Activities

Develop Rule's,Create Strutures[Often Called Metadata] and Build Reports

during this month


Data should be loaded into HFM asap,It is important to load data early for two reasons


First

The Development Team determine performance and identify issue's during the build

Second

It will help with determining performance issues early in the project.