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Enterprise Performance Management (EPM)

Many organisations have recognised that having insight (often via Business Intelligence) on its own is not sufficient to bring some of the key business processes under control and reduce time and effort to complete the appropriate cycles. These internal processes are best improved by bringing purpose built interconnected applications to bear in the required area.

The collective name for these activities has changed over a few years and has been know as Financial Performance Management (FPM), Business Performance Management (BPM), Corporate Performance Management (CPM) and Enterprise Performance Management (EPM), whilst every software supplier will say their offering and therefore its name is very different there is little difference in the focus on business areas and processes. How they tackle the challenges are different.

Whilst 3i Infotech are vendor neutral, we maintain good working relations across all of the software vendors. The relationship with Oracle is a key 3i Infotech partnership which we believe enables 3i Infotech to bring the best solutions which are competitively priced to the UK and global markets. This relationship has been acknowledged by Oracle by way of several awards and honours both in the UK and globally and we are currently Oracle's Technology Partner of the Year.

Oracle is the recognised provider of software Enterprise Performance Management and is leading the way in unifying Performance Management and Business Intelligence (BI).  In their own words, "EPM and BI is supporting a broad range of strategic, financial and operational management processes. Oracle provides a complete and integrated system for managing and optimising enterprise-wide performance. This allows organisations to achieve a state of management excellence - being smart, agile and aligned - which provides competitive advantage and leverages their operational investments."

3i Infotech has the knowledge, experience and expertise to assist organisations to successfully implement the appropriate elements of Oracle's EPM system and reap the benefits of their investment. Some of the elements of Oracle's Enterprise Performance System are:

Hyperion Planning Plus
Oracle Hyperion Planning is a centralised, Excel and Web-based planning, budgeting and forecasting solution that integrates financial and operational planning processes and improves business predictability. Oracle Hyperion Planning provides an in-depth look at business operations and its related impact, by tightly integrating financial and operational planning models.

Hyperion Financial Management Plus
Oracle Hyperion Financial Management is a comprehensive, web-based application that delivers global financial consolidation, reporting and analysis in a single, highly scalable software solution. It utilises today's most advanced technology, yet is built to be owned and maintained by the enterprise's finance team.

Hyperion Performance Scorecard Plus
Oracle Hyperion Performance Scorecard is a balanced scorecard collaborative certified application that helps companies clearly articulate strategy and goals, communicate them across the enterprise, monitor key performance indicators, and improve business alignment. The software offers a complete strategy and accountability mapping capabilities, as well as Web-based message boards, forums and discussion threads.

Hyperion Strategic Finance Plus
Oracle Hyperion Strategic Finance software is a financial modelling application that lets executives identify and understand the full financial impact of alternative corporate strategies. Oracle Hyperion Strategic Finance software delivers pre-packaged modelling and forecasting so your finance experts can focus their efforts on testing alternative strategies, building contingency plans, and understanding the impact of those strategies and plans on your company's long-term performance.

Hyperion Capital Asset Planning
Oracle Hyperion Capital Asset Planning, software is a specialised planning module that automates the planning of capital assets and related expenses, such as depreciation, maintenance and insurance. Oracle Hyperion Capital Asset Planning includes pre-built functionality and best practices that enables you to easily plan for all your capital expenses. It is also capable of being directly linked to Oracle Hyperion Planning Plus, so you can immediately assess the impact of your capital expenses on your overall expenses and financial statements.

Hyperion Workforce Planning
Oracle Hyperion Workforce Planning software is a special-purpose planning module that makes headcount, salary, and compensation planning fast and efficient across the enterprise. Designed with pre-built functionality and best practices simplifies planning of workforce and workforce related expenses, such as bonuses, fringe benefits, overtime and merit increases. It also capable of automatically linking your workforce expense plans into Oracle Hyperion Planning Plus, to deliver accurate and real-time awareness of the business impact of your workforce decisions on your overall expense plans.

Hyperion Financial Data Quality Management Plus
Oracle Hyperion Financial Data Quality Management is a packaged solution for finance users that helps develop standardized processes with its web-based and guided workflow. Its data preparation server can assist with the integration and validation of data from any of your source systems. In addition Oracle Hyperion Financial Data Quality Management includes adapters for most of the other elements of their Enterprise Performance Management system and beyond into Oracle Essbase Plus, and Oracle E-Business Suite.

Hyperion Profitability and Cost Management
Oracle Hyperion Profitability and Cost Management software offers a flexible allocations platform for any method including ABC, time estimation, etc. The application also supports both cost and revenue management. Traceability maps and audit trail capabilities provide unique transparency and ease of use. Oracle Hyperion Profitability and Cost Management is the only packaged profitability application that leverages Oracle Essbase Plus, the industry's leading OLAP (Online Analytical Processing) server, for faster, easier, powerful multidimensional analysis. Oracle Enterprise Performance Management contains or is integrated with Oracle's Business Intelligence offerings, such as Oracle Business Intelligence Enterprise Edition (OBIEE) Plus, Hyperion Interactive Reporting, Hyperion Production Reporting, etc.

In addition Hyperion Essbase Plus is the strategic multi-dimensional platform for enterprise reporting, analysis, modelling, and planning applications. Essbase offers multi-user read / write access, large-scale data capacity, robust analytical calculations, sophisticated queries and rapid response times. Several of Oracle's Analytic applications are implemented using Essbase such as Oracle Hyperion Planning plus, Profitability and Cost Management.

3i Infotech offerings include:

Our range of services focuses on promoting user involvement and commitment, using world-class accredited methodologies, techniques and processes enabling us to deliver solutions that normally exceed our clients' expectations.

We are happy to engage at the right level for the client, whether it is to help with defining strategy and roadmaps, taking ownership of Programme, Project or Work Stream definition and delivery. We are also content to supply suitably experienced and skilled consultants to supplement an in-house team as they take on the ownership of the delivery. 3i Infotech are able to provide services on-site, near-shore and off-shore depending on the needs of each portion of a programme or project.

We are very competitively priced and able to offer a range of commercial engagement models to meet our client's requirements.

We also offer Application Maintenance and Support services focussed to Business Intelligence and Enterprise Performance Management.