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Overview of FPM Solution. David Morton Financial Performance Management. Better Outcomes. Smarter Decisions. Actionable Insights. Business Analytics. Relevant Information.

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Overview of fpm solution

Overview of FPM Solution

David Morton

Financial Performance Management


Overview of fpm solution

BetterOutcomes

SmarterDecisions

Actionable Insights

Business

Analytics

Relevant Information


Overview of fpm solution

Analytics-driven organizations outperform Efficiency & business insight contributes to better financial performance

Five years: 2005–2009

One year: 2008–2009

Value Integrators

All other enterprises

Sources: IBM Institute for Business Value; 2010 IBM Global CFO Study.


Overview of fpm solution

Transformed organizations are creating advantage by intensely focusing on applying analytics in three areas of the business

Each respondent’s answers to a set of survey questions related to these topic areas were weighted and analyzed to determine a level of focus; they were then grouped by segment.


Ibm is investing to optimize your business outcomes

IBM is investing to optimize your business outcomes

More than $14B in acquisitions since 2005

More than 10,000 technical professionals

More than 7,500Dedicated Consultants

Largest Math Department in Private Industry

More than 27,000Business Partner Certifications


Transforming business through analytics

Celequest

Frango

2002 03 04 05 06 07 08 09 10 11

Transforming Business through Analytics

BusinessAnalytics

6


Overview of fpm solution

Challenges

Governance Mandates

“…Vast new regulations and monumental expectations for risk management will help propel GRC programs substantially…”(Forrester Research Inc. “Governance Risk & Compliance Predictions: 2011 and Beyond”, Chris McClean, Dec 2010)

Regulatory Pressures

Business Risks

“Empirical and anecdotal evidence indicates that economies and industries are structurally more risky and volatile, translating into higher levels of business risk for individual companies” (Hackett, September 2010)

Changing Dynamics

Business Agility

Today’s leaders are seeking “disciplines and technologies that enable organizations to proactively seek, model and adapt to patterns of change”(Gartner “Hype Cycle for Pattern-Based Strategy, 2010”, Yvonne

Genovese, Aug 2010)

Speed of Business


Overview of fpm solution

Meet

Financial

Governance

Challenge

Integrate

Risk Management Practice

Drive Pervasive Performance Management

Financial Analytics

Strategic Focus on Finance

Governance Mandates

“…Vast new regulations and monumental expectations for risk management will help propel GRC programs substantially…”(Forrester Research Inc. “Governance Risk & Compliance Predictions: 2011 and Beyond”, Chris McClean, Dec 2010)

Business Risks

“Empirical and anecdotal evidence indicates that economies and industries are structurally more risky and volatile, translating into higher levels of business risk for individual companies” (Hackett, September 2010)

Business Agility

Today’s leaders are seeking “disciplines and technologies that enable organizations to proactively seek, model and adapt to patterns of change”(Gartner “Hype Cycle for Pattern-Based Strategy, 2010”, Yvonne

Genovese, Aug 2010)


Overview of fpm solution

Meet

Financial

Governance

Challenge

Integrate

Risk Management Practice

Drive Pervasive Performance Management

Strategic Focus on Finance

Enabling Finance Today

  • IBM Cognos Financial Statement Reporting

  • IBM Cognos Controller (incl. TM1 FAP)

  • IBM Cognos Financial Performance Analytics

  • IBM OpenPages Financial Controls Mgt

  • IBM OpenPages GRC

  • IBM Algorithmics

  • IBM Cognos BI and IBM SPSS

  • IBM Cognos TM1

  • IBM SPSS

  • IBM Cognos Business Viewpoint

  • IBM Cognos BI


Overview of fpm solution

Integrate

Risk Management Practice

Transparency and regulatory demands for financial, risk & compliance InformationRequirement to electronically file financial disclosures

Meet

Financial

Governance

Challenge

Drive Pervasive Performance Management

“Financial governance applications cover a range of applications that are targeted at the CFO and that are focused on improving financial processes and controls, particularly in the final stages before disclosure. By 2012, a clearly defined market will emerge that will provide application suites addressing this topic” JVD, Gartner


Close consolidate and report

Performance Reporting and Scorecarding

Business Drivers

Close,Consolidate, and Report

Analyze &Optimize

Plan, Forecast, and Control

Meet

Financial

Governance

Challenge

  • Close Analytics

  • Financial Consolidation

  • Financial Controls Management

  • Corporate Reporting

  • Regulatory Filing (e.g. XBRL)

Close, Consolidate, and Report

  • Single controlled environment

  • Application configuration

  • Audit tracking

  • Internal controls

  • Finance owned

  • IT infrastructure compliance

  • Global and local accounting support

  • Consolidation workflow

  • Security & access control

CONSOLIDATE

REPORT

CLOSE


Overview of fpm solution

Performance Reporting and Scorecarding

Business Drivers

Close,Consolidate, and Report

Analyze &Optimize

Plan, Forecast, and Control

Meet

Financial

Governance

Challenge

Sharing information Across the Organisation

Internal Reporting

Investor Relations

Regulatory Reporting

Legal


Manual reporting cycle

Manual Reporting Cycle

Numerous e-mails & numerous versions of each document

Numerous e-mails & numerous versions of each document

Numerous e-mails & numerous versions of each document

Meet

Financial

Governance

Challenge

Document Manager

Current Process

Contributors


Analyze optimize

Financial analytics and profitability analysis enabled by:

Scalable analysis solution, capable of dealing with high degrees of complexity

Providing an interactive user experience to interact with data and scenarios

Easy to use – web or excel interface

Single platform enabling scope to cover all attributes of the business

Real-time modelling

Performance Reporting and Scorecarding

Business Drivers

Close,Consolidate, and Report

Analyze &Optimize

Plan, Forecast, and Control

  • Financial Analytics

  • Spend Analytics

  • Profitability Analytics

  • Product, Market, Channel Analysis

Analyze & Optimize


Plan forecast and control

  • Strategic Finance

  • Revenue Planning and Forecasting

  • Expense Planning & Control

  • Workforce Planning

  • Capital and Initiative Planning

Plan, Forecast, and Control

Performance Reporting and Scorecarding

Business Drivers

Close,Consolidate, and Report

Analyze &Optimize

Plan, Forecast, and Control

  • Automated data collection, aggregation and reporting

  • Owned by Finance

  • Embedded Workflow

  • Support best practices

    • Driver based planning

    • Rolling forecast

    • What-if

  • Web & Excel Interface


Enterprise planning a distinctive ibm advantage

Plan based on business drivers

Easily implement Rolling Forecasts

Connect financial and operational planning

Connect plans to strategic goals

Address both high participation and deeply analytic planning

Advanced analytic value

Dashboarding/Visualization

Scenario Analytics

Statistics / Predictive Analytics

Real-time scenario modelling/ sandboxing

Leverage best practices

EXECUTIVE

MANAGE-

MENT

EXECUTIVE

MANAGE-

MENT

SALES

MARKETING

SALES

SALES

MARKETING

MARKETING

PRODUCTION

AND

DISTRIBUTION

PRODUCTION

AND

DISTRIBUTION

FINANCE

FINANCE

PURCHASING

FINANCE

FINANCE

PURCHASING

CUSTOMER

SERVICE

TECHNOLOGY

IT/R&D

HUMAN

RESOURCES

CUSTOMER

SERVICE

TECHNOLOGY

IT/R&D

HUMAN

RESOURCES

Enterprise Planning: A Distinctive IBM Advantage

Financial Performance and Strategy Management

Business Drivers

Close,Consolidate, and Report

Analyze &Optimize

Plan, Forecast, and Control


Ibm cognos financial performance strategy management

IBM Cognos Financial Performance & Strategy Management

  • Account Analysis

  • Close Analytics

  • Financial Consolidation

  • Corporate Reporting

  • Financial Analytics

  • Spend Analytics

  • Profitability Analytics

  • Product, Market, Channel Analysis

  • Strategic Finance

  • Revenue Planning and Forecasting

  • Expense Planning & Control

  • Workforce Planning

  • Capital and Initiative Planning

Performance Reporting and Scorecarding

Business Drivers

Close,Consolidate, and Report

Analyze &Optimize

Plan, Forecast, and Control


Overview of fpm solution

Integrate

Risk Management Practice

Financial Analytics

Transparency and regulatory demands for risk & compliance informationFocus on horizontal adoption with greater attention to business analytics

Meet

Financial

Governance

Challenge

Drive Pervasive Performance Management


Integrate risk management practice

Integrate

Risk Management Practice

Shared Risk and Compliance Framework

  • Operational Risk

  • IT Risk

  • Policy and Complience

InternalAudit

RiskManagement

Policy &

Compliance

ITOperations

  • Financial Risk Management

  • Credit and Collateral Risk

  • Market and Liquidity Risk

  • Economic and regulatory Capital

Financial Analytics

Integrate Risk Management Practice

Risk Solutions

  • Proven, category-leading capability for GRC

  • Exceptional qualifications for enterprise-wide, integrated risk management

Unified View of Risk

Enterprise-wide Risk Domains

GRC Management Evolving from Tactical to Strategic


Overview of fpm solution

Integrate

Risk Management Practice

Financial Analytics

Increasing levels of business volatilityLow level of adoption of common reporting and planning platforms and low satisfaction with operational planning and forecastingLimited reach and participation in performance management process; Isolated and insular processes Loose coupling with enterprise systems compromise leverage of best information

Meet

Financial

Governance

Challenge

Drive Pervasive Performance Management


Drive pervasive performance management

Drive Pervasive Performance Management

Pervasive Performance Management

Proven, category-leading capability for planning, reporting, analysis, and modeling

Exceptional qualifications for spanning enterprise-wide requirements

Singular, common information and integrated technology “platform”

Effective bridging finance and operational performance management domains

Predictive Analytics for Customer Care and Insight

Acquire, Retain, Expand

Financial Analytics

Drive Pervasive Performance Management

User-centered innovation to support individual insight

Drive pervasive reach deeper and across functional domains


Overview of fpm solution

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