Building on experience gained from many varied projects, Iconsulting has outlined the features of an information solution based on Oracle Hyperion Planning software and aimed at designing a cash-flow statement application.This application will allow to obtain budget and forecast cash flow by direct construction, assigning the destinations to the accounting movements which involve general accounts relevant to define the cash-flow.
The application provides the process logics necessary to define the cash-flow within a starter kit which can be customized according to the client’s business reality.
The advantages of this solution are:
- The solution developed within the starter kit enables the user’s needs to be managed through a set of functionalities which lead to the production of the cash-flow statement and can be fitted to the logics of the specific company businesses. Variance analysis: between final, budget, forecast and alternative versions.
- Institutional PDF Reporting, which can be automatically run and printed automatically on pre-arranged times, and Excel free ad hoc reporting.
- Data entry for budget and forecast scenarios through web and/or Excel forms connected to Oracle Planning.
- Use of Web or Excel interface , according to the preferences of the user.
- Multidimensional reporting per entity, business unit, month, accounts and reclassified balance sheet, versions of budget and forecast, etc.
- Forecasting and budget alternative versions starting from previous versions.
- Generation of simulation scenarios starting from previous versions.
- Amounts amendment and after processing adjustments.
- Tracing adjustments applied and distinction of the operating results pre and post data entry.
- Mapping between master account and reclassified profit & loss account.
- Movement type tracing: (adjustment amendment, allocation, final, etc.).
- Data historicization and backup.
- Centralized database ensuring data balancing irrespective of data analysis perspective.