CPMConnect

Your source to the latest news and trends for Modern Finance and CPM & EPM Solutions

Data Integration: The Tip of the Iceberg for Supporting CPM Processes

During all my years designing and implementing integration solutions for EPM processes, one thing is clear to me: data integration is a vital part of the equation. After all, it is what brings together any CPM process such as Financial Consolidation and Planning & Budgeting.  As an integration solution architect, I believe that having someone

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Gaining Analytic Insights into Trends and Signals in Operational Data

The increasing pace and volatility of global markets is putting more pressure on organizations, and their management, to increase their decision-making agility.  Smart line of business managers know they can’t do it alone.  They need to partner with CFOs and the finance team to gain access to up to date, accurate and consistent financial and

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Data-Driven Analytics: How it’s Transforming Finance and Baseball

Digital transformation is everywhere we look.  Smart phones, smart cars, smart appliances, smart finance departments and smart sports teams.  Within finance, digital transformation helps organizations master the execution of routine processes such as closing the books, accurately reporting financial results, managing budgets and controlling costs.  And the use of cloud-based applications is helping many finance

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Supporting OneStream Customers Through the Covid-19 Disruption

The first quarter of 2020 has been a challenging one for most organizations around the world.  A year that started out with positive economic growth for most countries, and record highs being reached in the major stock markets was changed abruptly by the Covid-19 pandemic.  It has brought segments of the global economy to a

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Managing Successful Software Implementation Projects Remotely

The market disruption we are experiencing is a new challenge for most business models.  As work from home has become the norm we are often asked if a software implementation project can kick off or continue in a remote fashion.  The answer is an emphatic yes!  In fact, in the normal course of our business,

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Enterprise Performance Management (EPM) 11.2.1 is Available

Enterprise Performance Management (EPM) 11.2.1 is available! Important information regarding the download files: When downloading the 11.2.1 installation files from Oracle Software Delivery Cloud, the release number will show as 11.2.0.0.0; however, the downloaded zip files will be release 11.2.1.0.0.  These are the correct files to use if you are going to use these files

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OneStream for the Public Sector: Settling the GOTS vs COTS Debate

For finance leaders in the public sector, the discussion around government off-the-shelf (GOTS) and commercial off-the-shelf (COTS) software has been around for a long time.  And like many of the great debates in government, odds are this debate isn’t going away anytime soon.  Why?  Well, with all the buzz on digital transformation taking place in

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Certent Customers Set a New Standard for Reports Filed with the SEC.

Certent Disclosure Management’s new HD ReportingSM feature to provide investors with innovative and easier–to–read filings.  Roseville, CA, March 24, 2020 – Certent, Inc., a leading provider of software-as-a-service solutions for financial disclosure management and equity compensation, announced today that the first wave of its customers has used Certent’s High Definition (HD) ReportingSM and become the first organizations to successfully file pixel-perfect, web-based reports with the SEC. These reports look and behave like paper reports, while

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OneStream is Gartner Peer Insights Customers’ Choice Again!

Customer review sites are becoming an important resource for prospective buyers of corporate performance management (CPM) software solutions.  Why?  Because they provide an unfiltered view of how satisfied customers are with their software vendor including product ratings and feedback on support and services.   Re-posted with permission from Source

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CFOConnect: The Future of Finance

Keith F. McDermott, CPA keith@goalgetters.com Alex C. Leung, CPA, CA alex@goalgetters.com About CFOConnect Welcome to our new article series about the future of the CFO role.  While much is being written about “what” is changing, we focus on “how” to prepare for and embrace these changes.  Simply put, we believe that CFO’s must lead the

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EPM Patch Set Updates – February 2020

The following are the Enterprise Performance Management (EPM) Patch Set Updates (PSU) released last month (February 2020). The “Patch” ID links will access the patch directly for download from “My Oracle Support” (login required). Hyperion Product  Link  Oracle Hyperion Financial Reporting 11.1.2.4.902 is Available    Link  Oracle Hyperion Financial Reporting 11.1.2.4.712 is Available Link   Oracle

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Budgeting & Financial Close Solutions for State and Local Agencies

Despite improved U.S. economic conditions, state and local agencies are continuing to grapple with uncertainty.  Want proof?  Consider the impact the lasting effect high debt burdens and pension shortfalls are having during the budgeting process.  And if that’s not enough, fluctuations in tax policies aren’t helping either, as the resulting impact to income receipts make

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Go-Forward Options for Oracle EPM Hyperion version 11.1.2.X

End of support for Oracle Hyperion EPM on-premise version 11.1.2.4 has been currently slated for December 31, 2021. Many organizations who leverage this version have assessed or are currently contemplating go-forward options available. Unfortunately, there is no clear ‘silver bullet’ option / dependent on your organization’s situation. We are here to help. Our mission at

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Oracle Hyperion Financial Reporting 11.1.2.4.712 is Available

Hyperion Product Management have advised the release of a Patch Set Update (PSU) for Oracle Hyperion Financial Reporting 11.1.2.4.x. Hyperion Financial Reporting PSU 11.1.2.4.712 Patch 30670918 This PSU is available from the My Oracle Support > Patches & Updates section. This is a patch set update (PSU). This patch set update is a partial installation.

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