Monthly Archives: October 2015

Join us at Oracle OpenWorld 2015!

October 23, 2015

Author: Melanie Mathews, Performance Architects

The time has come! Some of our team members are already in San Francisco for Oracle OpenWorld 2015! We will be joining over 60,000 expected attendees starting Sunday and we wanted to give you an idea of what to expect from us over the next week!

Join us on Sunday at 2:30 PM PST for the OAUG Hyperion Special Interest Group Meeting (Session ID: SIG9878) that is taking place at Moscone West—3003. Our very own Chuck Persky will be facilitating the meeting on Sunday as the SIG Chair.

Many of you have asked if we are hosting any special events this year. The answer is yes! We are hosting a special, invite only, event on Monday night.  Email us at communications@performancearchitects.com to learn more and secure an invitation.  You can also schedule a meeting with one of our team members to learn more about Performance Architects and/or BI and EPM. Just email us at the address above to schedule your meeting.

Lastly, we will be attending the OAUG 25th Anniversary Party on Tuesday night! Space is limited however, so be sure Visit the OAUG membership table on Sunday near the Geo/SIG sessions in Moscone West to pick up your invitation!

Stay tuned for a recap post from our team members after OpenWorld but we hope to see you in The Golden City!

 


© Performance Architects, Inc. and Performance Architects Blog, 2006 - present. Unauthorized use and/or duplication of this material without express and written permission from this blog's author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Performance Architects, Inc. and Performance Architects Blog with appropriate and specific direction to the original content.

Recap of Performance Architects’ “Top Five Budgeting and Forecasting Trends: Prepare for 2016 and Beyond” Webinar

October 14, 2015

Author: Ron Woodlock, Performance Architects

During last week’s webinar, we discussed the Performance Architects’ team’s perspective on the top five budgeting and forecasting trends coming in 2016 in an attempt to prepare the audience for what’s changing in terms of process and technology.

We primed the discussion with a brief review of how planning applications and processes have matured over the past several years. We then reviewed our spin on the “Budgeting and Planning Maturity Model” adapted from the Capability Maturity Model originally developed at Carnegie Mellon University.

With the stage set, we dove into the top five trends. In no particular order, we started with integrating strategic and operating plans, and followed up with a related trend: balancing strategic opportunities and risks. We then discussed a third trend, “how to stop the zombie shuffle” (aka: rethinking the annual budget process). The fourth trend was related to a renewed focus on profitability (or revenue and expense if audience members worked in nonprofits!) and the recent developments in products such as Oracle Hyperion Profitability and Cost Management (HPCM) to address these needs. We finished up with a discussion of the fifth trend: integrating the planning process from beginning to end, and highlighted recent improvement in integration with Microsoft Office and the use of Smart Slices in PowerPoint in Oracle Hyperion Planning and/or Planning and Budgeting Cloud Service (PBCS) to address this need.

We discussed some great questions at the end of the webinar, including these:

  • How are planning models structured differently between a strategic plan and an operating plan?

Performance Architects provides a useful blog entry on the differences between strategic and operational plans which will help answer this question.

  • How do hosting options (e.g., on premise, software-as-a-service or SaaS, cloud, etc.) modify how the trends may impact a particular company?

The answer to this question depends mostly on the applications involved. Some, but not all of Oracle EPM (Hyperion) applications are available “in the cloud.” We discussed a couple of applications that haven’t been re-platformed including HPCM and Hyperion Strategic Finance (HSF). For the rest of the applications that have been in the cloud there isn’t much of a difference; Performance Architects published a blog post and hosted a webinar that addresses the three big differences between planning in the cloud and on premise to help clarify these differences if you need more information on this topic.

For those of you that couldn’t listen to the presentation live, the webinar recording and slides are available on the Performance Architects Learning Center. Have any questions? Please leave a note below or contact us at communications@performancearchitects.com.


© Performance Architects, Inc. and Performance Architects Blog, 2006 - present. Unauthorized use and/or duplication of this material without express and written permission from this blog's author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Performance Architects, Inc. and Performance Architects Blog with appropriate and specific direction to the original content.

Sign Up Now for Performance Architects “Top Five Budgeting and Forecasting Trends: Prepare for 2016 and Beyond” Webinar

October 1, 2015

Author: Ron Woodlock, Performance Architects

On October 7th, 2015, I’m hosting a webinar for Performance Architects entitled The Top Five Budgeting and Forecasting Trends: Prepare for 2016 and Beyond.

Finance leaders are continually challenged to stay ahead of the latest budgeting and forecasting trends. Knowing what the trends are is great…and knowing how these trends may impact your organization’s budgeting and forecasting processes is better! During this webinar, we’ll explore the Performance Architects team’s perspective on the actions you can take to address the top five budgeting and forecasting trends:

  • Balance strategic opportunities and risks
  • Focus on profitability (or a better understanding of revenue and expense if you’re in a nonprofit!)
  • Reevaluate the annual budget…stop the “zombie shuffle”
  • Integrate strategic and operating plans
  • Integrate Microsoft (MS) Office with planning data

We hope that you can join us! Register here.

 

 


© Performance Architects, Inc. and Performance Architects Blog, 2006 - present. Unauthorized use and/or duplication of this material without express and written permission from this blog's author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Performance Architects, Inc. and Performance Architects Blog with appropriate and specific direction to the original content.