Industry Type: FMCG | Budgeting, Forecasting and Estimate solutions for a large FMCG MNC
The company is a food-products multinational corporation and claims world leadership in fresh dairy products and also in bottled water.
The Problem
The division has been using SAP BPC for its yearly budget and twice yearly estimate activity for last couple of years and its subsidiaries. There are specific challenges in expanding the capacity of BPC to allow, amongst other things, monthly forecast, analysis of various forecast and simulated scenarios, and cater to complex corporate/management structure. Some of the key analysis charting such as Waterfall Chart to analyze variances in operating profit and Cash Flow across various scenarios were difficult to virtualize, resulting in days of Excel manual work within the regional Finance team.
The Solution
The Oracle Hyperion Planning (HP) and Oracle Hyperion Financial Reporting, Web Analysis and Office Smart View has provided the regional office with a single source of information for all the planning, reporting and analysis needs across various scenarios and versions.
The company is capitalizing on Hyperion Planning Web Interface and Office Smart View for its Budgeting, Forecasting and Estimate solutions. It allows regional users to carry out scenario planning to gain in-depth into financial and operational insight. The regional instance of Hyperion Planning will provide a blueprint for implementation of Hyperion Planning to local units.
Key Benefits:
The company is a food-products multinational corporation and claims world leadership in fresh dairy products and also in bottled water.
The Problem
The division has been using SAP BPC for its yearly budget and twice yearly estimate activity for last couple of years and its subsidiaries. There are specific challenges in expanding the capacity of BPC to allow, amongst other things, monthly forecast, analysis of various forecast and simulated scenarios, and cater to complex corporate/management structure. Some of the key analysis charting such as Waterfall Chart to analyze variances in operating profit and Cash Flow across various scenarios were difficult to virtualize, resulting in days of Excel manual work within the regional Finance team.
The Solution
The Oracle Hyperion Planning (HP) and Oracle Hyperion Financial Reporting, Web Analysis and Office Smart View has provided the regional office with a single source of information for all the planning, reporting and analysis needs across various scenarios and versions.
The company is capitalizing on Hyperion Planning Web Interface and Office Smart View for its Budgeting, Forecasting and Estimate solutions. It allows regional users to carry out scenario planning to gain in-depth into financial and operational insight. The regional instance of Hyperion Planning will provide a blueprint for implementation of Hyperion Planning to local units.
Key Benefits:
- Complete integration with source systems from SAP BPC, Hyperion Enterprise and automated data load / Validation
- Conduct in-depth analysis of key product and Customer performance and Financial KPIs
- Single web interface to remove the inconsistent excel Sheets.
- Microsoft Office integration using SmartView
- Enable Reporting and Currency Analysis on Budget Rate, Reporting Rate and Next Year Comparable Rate
- Enable EUR, Dong and Local Currency Reporting.
- Cater to complex corporate and management structure
- Support Year-to-Go, Quarter-to-Go, Semester-to-Go, Year-to-Date, Month-to-Date Reporting and Analysis