Tootsie Roll’s Sweet Journey from HFM to FCC

Learn how easy it was for this beloved candy company to migrate from their on-prem HFM application to Oracle Cloud EPM Financial Consolidation and Close. Inspirage’s Nancy Ackerman, Senior Manager, EPM Solution Architecture, will host this encore presentation of her popular Kscope22 presentation on November 16 at 12 PM (ET). This presentation will discuss the following topics:

• Streamlined dimension setup
• Reduced number of monthly journal entries
• Reduction in number of web studio reports by changing to a more dynamic setup
• Simple validation of HFM vs FCC results

Don’t miss it!

Register Now!

How one of the world’s most famous candy companies migrated from on-prem HFM to Oracle Cloud EPM Financial Consolidation and Close

ODTUG’s annual Kscope conference unites a vast community of Oracle technology users and experts eager to share insights and best practices while embracing unparalleled networking opportunities. That’s why Inspirage will be in Grapevine, Texas, this June — and why we’ll be sharing our expertise in seven live presentations.

One of those sessions, “Tootsie Roll’s Sweet Journey from HFM to FCC,” will explain how Inspirage successfully enabled our client’s move to the cloud to maintain its leading position in the industry and ensure compliance using fully supported software.

Escaping the constraints of legacy on-prem resources

With Oracle Cloud FCC, Tootsie Roll reconfigured accounts and entity hierarchies, added the agility and capabilities needed to adapt quickly to changing business requirements, improved controls, and delivered more efficient reports while reducing the maintenance associated with a dated on-prem application.

In this session, Inspirage Senior Manager Nancy Ackerman will describe how Tootsie Roll’s Inspirage-led migration to the cloud resulted in a more user-friendly experience, better controls, complete operational support for internal and external reporting needs, and the necessary training to use and maintain the new system.
 

 

Preparing for success

“Tootsie Roll’s Sweet Journey from HFM to FCC” takes place on June 20th from 4:15 PM to 5:15 PM in San Antonio 4. To get ready for Kscope22 ahead of time, please read our Tootsie Roll Customer Spotlight.

Mark your calendar and register for Kscope22 today. Be sure to use the Inspirage promotional code INS22 to save an extra $100 on your pass!

Going to Kscope22?

Please reach out to me if you’ll be attending Kscope22. I would love to meet up to have coffee, invite you to our special Inspirage customer event, and hear about what’s on your mind these days! You can reach me at camille.delacruz@inspirage.com.

How Cloud EPM helped one bank reach new heights of efficiency and productivity

The highlight of ODTUG’s annual Kscope conference is the opportunity to hear real-world success stories and lessons learned shared by Oracle technology users and experts from across the globe. In that spirit, Inspirage will be hosting seven presentations at Kscope22 in Grapevine, Texas, this June. One of those sessions, “Flagstar Bank’s Migration Journey from On-premise to Cloud EPM,” will tell how Inspirage helped a client in the financial industry move to the cloud to overcome the inefficiencies and performance issues associated with its legacy on-prem platform.

Best practices in action

By implementing Oracle Cloud EPM, Flagstar was able to significantly reduce manual errors, improve accuracy, streamline budgeting processes, consolidate data, enhance the performance of calculations, and deploy best practices in income statement and balance sheet reporting.

Presented by Flagstar Bank Financial Systems Manager Damon A. Hrydziuszko and Inspirage EPM Senior Practice Director Vince Tran, the session will provide an overview of how Flagstar’s successful pivot to the cloud resulted in reduced IT costs, increased agility, and more efficient planning processes. As an added benefit, staff no longer has to be on-site to access data.

Better outcomes

Today, Flagstar is in a stronger position relative to its competitors because Inspirage helped it achieve more efficient workflows and the maximum flexibility businesses need to drive productivity. To prepare for ODTUG Kscope22 ahead of time, please read our Flagstar Customer Spotlight.

“Flagstar Bank’s Migration Journey from On-premise to Cloud EPM” takes place June 20th from 4:15 PM to 5:15 PM in Texas 6. Mark your calendar and register for Kscope22 today if you have not already. Get your Inspirage discount for ODTUG Kscope2022 now and save an extra $100 when you register. Use the Inspirage promotional code: INS22.

Going to Kscope22?

Please reach out to me if you’ll be attending Kscope22. I would love to meet up to have coffee, invite you to our special Inspirage customer event, and hear about what’s on your mind these days! You can reach me at camille.delacruz@inspirage.com.
 

It’s never too late — or too soon — to learn how to eliminate mundane and time-consuming Excel processes from your life. Tune in on May 4 to hear Inspirage Senior Consultant Jeannine Nieto explain how to streamline and enhance your balance sheet and cash flow planning with a new Oracle Cloud EPM solution. In this ODTUG webinar, “Balance Sheet and Cash Flow Automation in EPBC Financials,” Jeannine will describe how Inspirage helps clients identify and solve problems associated with legacy systems and then centralize their planning assumptions and data in the Oracle Cloud.
 

Meet the Speaker

Jeannine Nieto, Senior Consultant, EPM

Jeannine is a Senior Manager of Finance turned Cloud EPM consultant with a strong systems and accounting background. She has a track record of providing accurate, timely, and comprehensive financial forecasting, budgeting, and analysis to senior management and operations.

Inspirage is proud to be a Platinum Sponsor of ODTUG’s Kscope22, to be held June 19-23, 2022 in Grapevine, TX. The conference features presentations across a variety of technical content topics, including Oracle Database, Oracle Application Express, Oracle EPM-Hyperion, and Oracle Analytics, along with a multitude of educational benefits for attendees. Inspirage will be presenting on a variety of topics, so please add our sessions to your conference schedule. Reserve your seat today!
 
Register Now!
 

Don’t miss the following Inspirage presentations:

Oracle EPM REST API for Dummies!
Monday, June 20 (11:00 AM – 11:30 AM) Texas 6

REST API opens up a wide variety of new possibilities to manage your Oracle Cloud EPM platform. In this session, we will cover adding and sorting members, updating security, migrations, and data management tasks.

Tootsie Roll’s Sweet Journey from HFM to FCC
Monday, June 20 (4:15 PM – 5:15 PM) San Antonio 4

Learn how easy it was for this beloved candy company to migrate from their on-prem HFM application to Oracle Cloud EPM Financial Consolidation and Close.

LSI Lights the Way to the Cloud
Tuesday, June 21 (2:30 PM – 3:30 PM) Texas 4

Learn how LSI, an international commercial and industrial lighting company, migrated to the Oracle Cloud using Financial Consolidation and Close (FCC) to reduce close cycle time, eliminate manual tasks, and achieve other key benefits.

Flagstar Bank’s Migration Journey from On-premise to EPM Cloud
Wednesday, June 22 (10:15 AM – 11:15 AM) Texas 6

This session highlights how Flagstar’s cloud migration resolved several inefficiencies by reducing manual errors, improving accuracy, and streamlining budgeting and planning processes.

Automating Security Management in PBCS!
Wednesday, June 22 (12:45 PM – 1:45 PM) Texas 5

In this session, learn how to leverage multiple tools to mass update the security in PBCS for standard dimensions, custom dimensions, forms, and business rules to greatly increase the efficiency of creating and implementing a standard security model, while also providing tools to help maintain it going forward.

Gain and Sustain Agility with Strategic Modeling
Wednesday, June 22 (2:00 PM – 3:00 PM) Texas D

Learn how EPM’s Strategic Modeling enables users to quickly model financial scenarios for fast-changing business dynamics as well as the uncertainties of long-range financial forecasts.

Automating Metadata & Data Load Process in PBCS using REST API!
Wednesday, June 22 (3:30 PM – 4:30 PM) Texas 6

In this session, we will discuss how to leverage REST API to update the Metadata and data in PBCS.

Inspirage is proud to Sponsor ODTUG’s Kscope21 Virtual Event which features presentations across a variety of technical content topics, including Oracle Database, Oracle Application Express, Oracle EPM-Hyperion, and Oracle Analytics, just to name a few. The conference offers a multitude of educational benefits for attendees. Among the highlights are:

• Technical sessions with real-world solutions
• Expert panels
• Half-day Oracle Symposiums
• Interactive small group breakouts
• Video chat with the experts and your peers
• Flexible agenda with half-day sessions and access to session replays
• Live presentations, Q&A, session chat, and polling give you direct expert advice and feedback from industry leaders
• An easy-to-use, web-based platform with nothing to download or install ahead of time and one-click easy login on show days
• Access to our virtual exhibit hall

Along with educational opportunities, the ODTUG Kscope21 Virtual Event offers fun networking activities, including:

• Engaging demos on the hottest tips, tricks, tools, and technologies in the virtual exhibit hall
• Sponsor & exhibitor virtual events—bond with your peers and make new connections in an array of virtual settings, all thanks to our sponsors!

 
For more information and to register
 

Don’t miss this Inspirage Presentation:

Automating Security Management in PBC
Wednesday, June 23, 2021 | 11:00 AM – 12:00 PM ET – Room 1

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Session Number: 11060
Track: Enterprise Planning
Sub-Categorization: Enterprise Planning
Session Type: Tips, Techniques and Tuning
Presenter: Dayalan Punniyamoorthy, Practice Manager, Inspirage

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Session Summary for Attendees:  As implementation times for PBC projects shrink, every solution needs to be faster, smarter, and more robust. In this session, we will learn how to leverage multiple tools to mass update the security in PBC for standard dimensions, custom dimensions, forms and business rules – greatly increasing the efficiency of creating and implementing a standard security model while also providing tools to help maintain it going forward.

The Session will address the following points:
* Introduction to Security in Oracle Planning and Budgeting Cloud
* What are the artifacts/granular level that can have security in PBC?
* What are the best practices for addressing security?
* How can you mass update security using EPM Automate, REST API, Groovy, LCM, etc

Inspirage is excited to participate in the FREE ODTUG Learn from Home Series taking place May 19–May 22. Get ready for four days packed with over 90 sessions plus mini Oracle symposiums — all covering a range of Oracle-related topics to keep you on the cutting edge of the latest technology.

The ODTUG Learn from Home Series will be free flowing. When you register for a session room, you will be able to come and go throughout the day as you please. There will be a separate registration for each room per day, and you can register for multiple rooms if you’d like. View the event schedule here. 

*Schedule subject to change

Don’t miss this Inspirage presentation:

Automating Security Management in PBCS!

Thursday, May 21 | 11:00 – 11:45 a.m.
Dayalan Punniyamoorthy, Inspirage

As implementation times for PBCS projects shrink, every solution needs to be faster, smarter, and more robust. In this session, we will learn how to leverage multiple tools to mass update the security in PBCS for standard dimensions, custom dimensions, and forms & business rules—greatly increasing the efficiency of creating and implementing a standard security model while also providing tools to help maintain it going forward.
The session will cover the following:

• Introduction to security in EPM Cloud Planning
• What are the artifacts/granular level that can have security in PBCS?
• What are the best practices for addressing security?
• How can you mass update security using EPM Automate, REST API, Groovy, LCM, etc.?

 
Register Now!