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Profitability and Cost Management Cloud Services

Herman SnykersPrincipal Solution Consultant EPMOracle BeneluxNovember 8, 2016

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Safe Harbor StatementThe following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.

3

Cost Transparency Needs Improvement

78%

Source : “Cost Transparency: Helping Finance Create Business Value” – Deloitte

93%

Consider accurate cost information a top area

for improvement

Taking or planning action to improve the quality of

their cost information

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Are we as effective as we could be?

Which customers, product, services, channels?

Justify, trace and monitor cost effectiveness?

Optimize transfer pricing ?

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Product, Customer, Channel

Profitability

Management Allocations

IT Service Costing &

Chargeback

Shared Service Allocations

Cost Transparency

Allocation-based Business Processes

Operational Transfer Pricing

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Profitability & Cost Management: Typical Approaches

Confidential – Oracle Internal 7

Spreadsheets ERP Custom Built

MANUAL PROCESSESINCOMPLETE INFORMATION AUDIT ISSUES

SECURITY QUESTIONS LIMITED VISIBILITYLACK OF GOVERANCE


Statutory Requirements Journals Journals, journals, journals Allocations Projects Cost centers, Profit Centers Operational data, Units of Measure

General Ledger or Detailed Ledger ?Alternative - Create a Performance Ledger

Performance Ledger

A faster, focused financial close process A straight-line reporting process Auditable results with drill-back transparency

Timely Performance Insights Reflect changes easily Model and compare different options


A Modern Profitability Application

Transparency Access to data Ownership


Transparency – Out of the box Profitability intelligence


Transparency – Drillable reports


Transparency - Spreadsheet integration


Access - Combine data regardless of the source


Access – Visible trace on cost sources


Access – Self-service views


Ownership - Maintain allocation models


Ownership - Run allocation models


Transparency Access to data Ownership

Identify drivers of cost

and profit

Focus your Working

Capital

Confidently Connect

Information

Improve Decision Making

Empower business users

Create a culture of Accountability

Oracle Profitability and Cost Management

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