It’s July, a very hot summer here in Milan. Over the past few days, we’ve been enjoying writing efficient on-demand rules to allocate between source and target business units. We’re relying on simple drivers like % of revenue. The process is running smoothly, and we’ve had no negative impacts on consolidated performance. We’re using a … Read More
We’re re-starting the engines with Epmschool, Experlab’s training school on EPM world. Like last year, we plan seminars lasting no more than half an hour each, to share with key-users our experience, technical knowledge, workarounds, and solutions to topics related to Oracle FCCS, PBCS, SmartView, DataExchange. We’ll schedule the first meeting soon. Stay tuned.
It’s been a while since my last post; it’s a very busy time with year-end closures, and I’m very busy with that. But last week, I wanted to attendee Oracle AI World Tour Milan. AI is a vast topic, especially seeing it applied to Oracle’s countless applications. Many are talking about a true revolution. What … Read More
We’ve developed a report to explain how the Goodwill Offset account, or consolidation difference in Oracle #FCCS, is calculated. The report shows the holding company’s investment in its subsidiary with its elimination, and the subsidiary’s net equity with its elimination, and shows users whether the difference is positive or negative. This is influenced by retained … Read More
Crazy days of Financial Closing simulation !! 😇 What happens if we move companies from one node to another one, in the consolidated financial statements? We’ll see. For us (and for #FCCS) is very easy to: 1. Create a new scenario; 2. Copy data from the official scenario to the new one; 3. Lock the … Read More
EEH (Experlab Epm Helpdesk) is a first-class technical and functional support for issues encountered by users on following Oracle Hyperion products: HFM, FCCS, PBCS, EPRCS. How does support work? The user, having encountered an issue, sends an email to support@experlab.it with a description of the issue and details useful for identifying a solution. EXPERLAB guarantees … Read More
For those companies that consider it every year. It’s an old topic and we’ve discussed it many times, but we’ll repeat it: moving from HFM to FCCS is not a migration … But also, it’s not a new project starting from scratch. I see these steps in our implementation plan for an FCCS based on … Read More
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