An exercise that CFOs enjoy and that brings great satisfaction when everything matches. Cash Flow Statement with indirect method in #FCCS. Accounts and transaction tracking, basic levels of sophistication (pure raw variation in Working Capital) to advanced levels (Cash In and Cash Out from investments and loans, exchange rate effects). The template, including the calculation … Read More
Data Unit in #HFM, Approval Unit in #FCCS (and in #PBCS). The name changes, but the concept remains the same: a building block consisting of a scenario/year/period/company to be managed in data validation process and segregated by user, using securities. Highly recommended! Many users don’t complete all the validation steps; simply managing opening and locking … Read More
Use case on #HFM and #FCCS. Today we were asked to move a company from one sub-consolidation node to another, starting in 2026, without changing historical data. We successfully tested the solution of a single entity shared across two different nodes, along with management of the consolidation method. Always using our working method, which includes: … Read More
Many key users and controllers call them “environments.” Technically, they’re called “scenarios.” We can use them in #FCCS, #PBCS, and #HFM to test major changes without corrupting official data. Yesterday, we needed to see in real time how balance sheet and profit and loss uploaded with a TXT file rather than an Excel Input Package … Read More
Who remembers the good old #HFM TXT? That 13-fields file with .dat extension that we upload with Load Data? We used it today, and it still provides great satisfaction. Sure, it’s not Data Management with direct integration between accounting and HFM, but it’s a must-have for speeding up data entry operations, bypassing XLS files. The … Read More
Today we’re fully engaged in building Narrative Reporting tables on EPRCS to develop the notes to the Financial Statements. Great job in terms of graphics too: layout, RGB color codes, font type and size. Note to implementers: before continuing with all the tables, let’s see how the first one looks within the Report Package in … Read More
Today, we’re working on a recently acquired and live #EPM application. It was developed a year ago, but it’s already full of outdated structures and records, the result of a hastily conducted analysis that focused heavily on the existing model and paid little attention to business evolution. In an EPM project, before technical implementation, we … Read More
Highly recommended for those who are working on it: include scope change and deconsolidation rules in #FCCS from the first implementation phase. This is a best practice we learned along many many projects and case histories 😀 Dedicate the time you need to this specific activity. Plan for everything: exits from consolidation scope, mergers, changes … Read More
It was Tuesday, November 4th, with an FCCS application still to be created and a project plan running smoothly from December to February 2026. Top management asked us to see no.3 consolidated closings by the end of November and a report with intercompany matching by tomorrow, November 12th, with the goal of using FCCS to … Read More
Around seventy client companies from various sectors, approximately ninety implementations of Oracle hashtag#FCCS, Oracle hashtag#PBCS, Oracle hashtag#EPRCS, Hyperion Financial Management (hashtag#HFM), Hyperion Planning, and Hyperion hashtag#Essbase technologies, and the development of two application accelerators—or Starter Kits for Italian GAAP and IFRS—on Oracle FCCS and on HFM for Statutory Consolidated Financial Statements. The maturity (and job … Read More