FDQM Financial Data Quality Management

Fundamentals - Tips & Tricks

Gary Womack, May 8th, 2013

Agenda

Welcome and Introductions

Understanding FDQM

Using Extended Analytics to sync Essbase/Other Systems to HFM

Source File Definition Automation Features Mapping Essentials

Reporting - Process Controls - Validations - Multi Period Loading Journals

New Features for 11.1.2.1/2.2

Questions (and Answers)

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Understanding FDQM

Financial Data Quality Differentiated

Financial data quality management is a business issue, and is defined as the practice by
which companies can effectively and consistently combine the following four factors:
Financial data collection and transformation
Repeatable financial processes
Internal controls
Audit trails with dynamic drill through

Hyperion Financial Data Quality Management helps finance users increase their
confidence in the numbers and lowers their cost of compliance by eliminating data integrity
risks associated with collecting, mapping, validating, and moving critical financial data from
across the enterprise.

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Customer Challenges
Errors in financial data & metadata collection

Financial restatements

Inconsistent account structure

Dozens of source systems

No audit trails back to the ERP/GL/Source data

Weak controls around data & meta data collection

Lack visibility and transparent processes

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FDM offers unique ERP Integration for EPM

Oracle EBS,
PeopleSoft, SAP R/3

Financial Close

EPM WorkSpace
Financial Reports

Data Warehouse
Data Mart

Planning & Forecasting

FDM
Strategic Planning
Other
Systems

Profitability Management

File
Excel
XML
Copyright 2009, Oracle and/or its affiliates. All rights reserved.

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SmartView

Oracles Hyperion Financial Data Quality Management Benefits

Confidence in the numbers Hyperion FDM provides robust audit trails from source
systems to target and back, with robust validation capabilities, providing transparency into
the numbers

Decrease cost of compliance Hyperion FDM with its internal control checks over the
process ensure adherence to company policies and procedures, enhancing controls while
lowering costs

Speed and agility Improve the EPM cycle by days with a Finance owned and
maintained application that is quick to implement and supports a simple, easy to follow,
repeatable process

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Using Extended Analytics to sync Essbase/Other

Systems to HFM

Syncing HFM Elim & Adj Data to Other Databases

Extended Analytics (EA) solution for syncing HFM elimination and adjustment entries
to Planning/Essbase or other systems as may be required.
Source file creation set up a reusable EA (HFM Extended Analytics) template to extract
HFM elimination and adjustment data using the flat file option.
File should be extracted to a directory which is accessible by FDQM. Can use the HFM
taskflow function maintain consistent processing.
Target file set and creation;
Create new FDM location, set import format for EA source file, assign appropriate
attributes.

location

Determine adaptor assignment essbase or datamart. Assign dimension attributes and assign to new
location.
Build out mapping tables based on assigned adaptor dimensions

Test process and validate data. Essential that the process is consistent and verifiable

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Source File Definition Automation Features

Mapping Essentials

Source Files Mapping - Automation

Source Files;
Best practice is to coordinate with IT operations early in the project to establish field configuration and
format
Access scripting should be available to the user on a monthly basis and server access granted for file
placement

Mapping;
Mapping process is required for all target dimensions. Best accomplished by the user responsible for
data loading.

Avoid mapping full GL COA. Use source file and excel data management to determine unique
dimension fields and map what is in use.

Automation;
The ETL process can be automated to a single click process. Scripting is fairly dynamic and requires
consulting support to set up.

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Smart Dimensional Mapping

Invalid Dimension Map Problems are identified

for easy correction. FDM allows for simple or
complex cross-dimensional and conditional
mapping of data.

Copyright 2009, Oracle and/or its affiliates. All rights reserved.

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One Click Pony Automated ETL Process

Receives confirmation

Business
Unit
1

Load
Actuals

Import

HFM

ERP
Import

PLANNIN
G

Import

REPORTI
NG

Import

TAX

Business User initiates data load with single menu click

Triggers main application HFM data load
Main load spawns off child processes to load single version of data into additional target
applications
Email notification to business user for successful loads
Email notification to application administrator for exceptions during load. Solve problems
before impact to end user
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General Features
Reports; 35+ canned reports available, version 11.1.2.X has buildable report feature

Process Control visibility via reports and dashboards

Validations user controlled, maintains data integrity and close corporate control

MultiPeriod-Loading and batch processing available for historical and bulk data transfers to
other EPM systems

Journals journal templates for add on data loading

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Reporting - Process Controls - Validations - Multi Period Loading Journals

FDM Reports

The Intersection drill-down report allows

for a view of all current source to target
maps for all dimensions in one view, with
values. The report is available in PDF,
Word, Excel, HTML and RTF formats by
default.

Copyright 2009, Oracle and/or its affiliates. All rights reserved.

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Visibility Through Dashboards

The Close and Controls

documentation status report provides
further visibility into the process. See
quickly who has loaded data into HFM
& who has reviewed and then
submitted their attestation.

Copyright 2009, Oracle and/or its affiliates. All rights reserved.

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User Driven Data Validation Rules

End users are given feedback on the

quality, accuracy, and completeness
of the data that they loaded to HFM,
so they are accountable, and can
participate in the data integrity
management process. Additional
adjustment data may be loaded via
flat or Excel files.

Copyright 2009, Oracle and/or its affiliates. All rights reserved.

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New Features for 11.1.2.1/2.2

FDQM - NEW for 11.1.2.1

Oracle Hyperion FDM/ERPI
Import Format Enhancements
Location Enhancements
Period Mapping
Category Mapping
Improved user navigation and task execution
Grid enhancements for view, filter, and detach
Localization
Add Polish in 11.1.2.1

Support for OAM, OID

ERPI Source System Support

Peoplesoft 9.1, 8.9(FMS Only), EBS 12.1.3

SQL Server Support for ERPI

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FDQM - NEW for 11.1.2.2

Oracle Hyperion FDM/ERPI
Expanded Source System Support
PeopleSoft FMS Commitment Control Ledger
Oracle Fusion Financials
JD Edwards EnterpriseOne

Expanded Target Application Support

Load Data to Account Recon Management Module
Load Metadata to DRM

File based Data Loads

Support for Lifecycle Management (LCM)
Improved Diagnostics by leveraging Oracle Diagnostic Logging

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Questions and Answers

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THANK YOU FOR YOUR TIME

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