For organizations that like to build up their budget or forecast for a particular account by line item (i.e. budget individual product types by vendor) the Supporting Detail functionality can add additional clarity into how those numbers were derived. This post demonstrates how this feature can be useful and how to apply it.
This post walks you through a basic date mapping exercise. In this instance an unconventional date format is transformed and mapped into the native Anaplan Time Dimension. By completing this process Anaplan functions that are contingent on the time dimension can be utilized in the model build.
One of the most common financial forecasting trends we see being implemented across clients lately is the rolling forecast. There are several great reasons to apply this method of forecasting, and it’s much easier to do than one might think.
Driving with the top down: Transform your budget process into an agile framework Topics covered: - Use PBCS to set top-down targets that incorporate seasonality - Automate budget seeding using actual data and trending - Streamline calculations and analysis by using drivers to formulate the budget
So - you are considering going to the cloud with Oracle’s FCCS for your Consolidations solution. If you are coming from Oracle’s HFM, you may have noticed that the Value dimension you finally understand is gone. Don’t worry! This blog will help explain the differences in how FCCS and HFM utilize the their dimensionality to run translations and consolidations.
Dashboards are a hot topic these days, regardless of the technology being used. However, it is easy to build a dashboard that is cluttered, unclear, or just overwhelming. Here are our top 5 tips to create efficient and meaningful dashboards in Anaplan.
In this Anaplan Model Minute, we'll be showing how simple the Anaplan platform makes it to allocate indirect costs across different business units while providing visibility into those costs. We'll also showcase how Anaplan allows the flexibility for cost drivers to change as business needs change.
“Platform Specialists differentiated themselves from other consulting firms by tackling an EPM/Financial reporting problem with real life experience. Platform listened to our pain points, worked with us, and shared their extensive technical know-how to deliver a dynamic, flexible, and sustainable application…”
Mo’ Movements? No problem: Learn once and for all why cash (flow) is king in FCCS See how to get data in and make movement adjustments in our final session: - See how FCCS enables both YTD & periodic data inputs - Using Data Management to load data into your application - A custom approach to adjusting balance sheet movements
Although specific corporate close processes vary company-to-company, one common theme amongst our clients is the need to get it done faster. Our experience has shown that focusing on 5 major areas of the close can do just that. Read more to find out how you can trim down your corporate close and get back to a 9 to 5!
The much-anticipated arrival of Extended Dimensionality in Oracle’s Financial Consolidations and Close Cloud (FCCS) is here, now allowing up to four custom dimensions in FCCS applications. Read more to get our quick take on this enhancement release.
In many organizations, viewing and presenting data on a Rolling Twelve-Month (R12) basis is an essential part of their analysis, as well as the reporting process. For those that are used to working with Hyperion Financial Management (HFM) and have this requirement, you know that it can be cumbersome to fulfill this reporting objective.
“Working with several IT teams to source, map, and load multiple sets of data to a target HFM application, we were able to replace a very manual file-based load with a neatly packaged process that sends data directly from the source to the target.”
Have you ever heard of the quote, “Less is more”? In the case of data, this is not true. In today’s business environment, data is abundant. Everywhere we look, businesses are either talking about or analyzing data; and for good reason. Data is critical to the success of any business, in any industry. So, when we talk about data, actually, “More is more”!
“As our business grows, both in terms of size and complexity, Platform Specialists provides us with the support to create a reporting structure that meets the ever increasing demands for accurate and timely financial information from our various operating systems.”
Clients frequently ask us what constitutes a “leading practice” financial budgeting and planning system. While there is rarely a one size fits all answer, there are key areas of consideration that separate organizations with more mature systems from those just starting out. We’ve listed our top 5 here.
This post goes out to all the Finance people that chose a life without audit and CPA requirements. For all of you who had to sit in meeting after meeting listening to people gripe about External Reporting and US GAAP and IFRS and Actuals, Actuals, Actuals!