EPM Webinar: Migrate from HFM to Financial Close and Consolidation Cloud – Now Is the Time!!
| Calendar: |
ODTUG Events Calendar |
| Type: |
Public |
| Title: |
EPM Webinar: Migrate from HFM to Financial Close and Consolidation Cloud – Now Is the Time!! |
| Group: |
ODTUG |
| Owner: |
Karin Gately [YCC] |
| Start: |
Aug 04, 2020 12:00 PM America/Eastern |
| End: |
Aug 04, 2020 01:00 PM America/Eastern |
| Description: |
Ashwin Tandon and Manav Anand, Infosys
Oracle FCCS application is built using the industry best practices, optimized consolidation engine, and inbuilt efficient business rules for a faster close. It is imperative for most organizations to plan their move from HFM to FCCS now given the benefits it offers without worrying about infrastructure and scalability.
In this session we will share insight from HFM to FCCS migration projects, covering the key features and considerations mentioned below to make your migration from HFM to FCCS streamlined and seamless:
How key design elements like # of scenarios, historical data, alternate hierarchies, and intercompany setup are key to success
Migration of master data and using pre-seeded members
Use out-of-the-box functionalities for retained earnings, CTA, and overrides instead of writing complex business rules
Understanding optimized fix statement, missing block creation, nested IF statements before creating business rules
How to improve business rules performance through dynamic block creation, bottom up calculation, and user defined attributes
Use of substitution variables to improve performance
Application security: user groups and roles, dimension level security
Application maintenance for system stability: clear empty blocks, refresh database, restructure, data archival |
| Link: |
https://register.gotowebinar.com/register/2154703448740613391 |
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