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Season 1 – Finance Agility

A Quick Bite with Oracle

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Safe harbor statement

The 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, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Our mission is to help

people see data in new ways,

discover insights, unlock

endless possibilities.

Automating Account Reconciliations

25th June

Strategic Modelling in Changing Times

23rd June

Narrative Reporting

18th June

Season 1 – Finance Agility

Reduce your Close Time

16th June

Eden Kok

Solutions Engineer (EPM, ERP)

Digitally Ahead, in Digital Times

Report with Confidence

Solutions Engineer (EPM, ERP), Oracle

Eden Kok

—–

“80% of total corporate value on the S&P

500 is now determined by intangible assets .”

Deloitte: The value shift: Why CFOs should lead the charge in the digital age

Finance departments need literacy as well as numeracy

Of respondents agreed that reporting impacted how management was perceived

Of respondents agreed reporting can impact a company’s cost of capital

In October 2014, PwC carried out a survey with 85 investment professionals from around the world to get their view on integrated reporting.

PwC Investor Survey, “Innovate your way to clearer financial reporting,“ October, 2014

80% 63%

Finance departments need literacy as well as numeracy

Of respondents agree that expanding qualitative commentary is critical

Of respondents are not confident in their current tools

It’s not just about the numbers – stakeholders want them put into context

90% 50%

Source: Oracle EPM Trends Report 2015

The ability to bring subject matter experts into the process to provide narrative?

Instant visibility to the progress and status on the reporting lifecycle ?

The ability to securely combine data and narrative on a single platform?

The ability to perform your xbrl-based regulatory?

Full auditability, version control and security across your narrative and management reporting?

Do you have…

Benefits Automated, standardised reporting to save

FTE costs (x4 FTE) Reporting roll-overs in minutes versus days Highly structured data improving

transparency Reduced tools used from 4 to 1

Challenge Access & Dissemination of reports to keep

up with business requirements Monthly reconciliation across different

reporting views (due to inconsistent, unstructured asks)

Solution

Narrative Reporting on the Oracle EPM Cloud

Seek drives reporting simplicity to drive stakeholder trust

Copyright © 2020, Oracle and/or its affiliates. All rights reserved.11

Implementation Partner

Narrative Reporting

It’s all about telling a story,

Management and narrative reporting on one platform

Reinvent your reporting process

Save cost Data Accuracy One Reporting Tool

• Performance reporting

• Audit Report

• Group Budget

• Corporate & Social Responsibility

• Public Disclosure

• Country by Country Reporting

And many more…

Deliver transparent, consistent statements in a faster timeframe.

With Oracle EPM Cloud – Completely Agile

Our learnings and recommendations

1 When the data is combined with narrative, you gain actionable insight.

2Collaboration throughout the process is key to getting the most accurate picture possible, and helps shrink the time it takes to define, produce and deliver reports.

3 It’s crucial to be in a position to report with reliable numbers and information that you can trust

Frequently Asked Questions

Q) We use different systems and tools from different departments and business units, can Narrative Reporting consolidate all of them to produce a

report?

Q) Is the system easy to use? And how long it takes to implement?

Yes, Narrative reporting has the ability to connect multiple data sources to acquire necessary data and information to produce a report, which provide “One version of the truth” on a single reporting platform.

It sure is! Just give us an hour and we will demonstrate to you how user friendly it is and how automated processes in Narrative Reporting can saves your time. Depending on the size and complexity of the documents, our customer are able to access to system in 5 days, it takes 6 to 8 weeks to go live on average.

Q) How many level of approvals can I setup in Narrative Reporting? I will need at least 3

approvals before my reports are published.

It is unlimited! You can define multiple review cycles in the system and assign approvers in these review cycles to proofread and signoff your report before you published them.

What are my next steps?

1 CHAT WITH US - We’re on hand to have a more detailed conversation around your specific business processes so we can help to map out what simplified finance can look like for you

2 EXPERIENCE IT – We can arrange for a quick demo of our process so you can imagine what this can look like in your environment today.

Upcoming Session Details

23rd JuneStrategic Modelling in Changing Times

25th JuneAutomating Account Reconciliations

Season 1 – Finance Agility

June 2020

Digitally Ahead, in Digital Times

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A Quick Bite with Oracle