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Informative Article | Data & Knowledge Engineering | India | Volume 7 Issue 2, February 2018 | Rating: 4.8 / 10
Common Reporting Platform for General Ledger Actuals, Anaplan Budget Data and Hyperion Financial Management System
Thejas Prasad
Abstract: In the modern financial landscape, integrating diverse data sources into a unified reporting system is crucial for accurate and comprehensive financial analysis. In the pursuit of comprehensive and accurate financial reporting, many organizations face the challenge of integrating data from various specialized platforms. This article explores the deployment of a centralized enterprise data warehouse (EDW) that consolidates data from Oracle General Ledger for actuals, Anaplan for budget data, Oracle Data Relationship Management (DRM) for chart of accounts segments and Hyperion Financial Management (HFM) for consolidated financial statements. By leveraging this EDW, organizations can streamline their financial reporting processes, ensuring consistency, accuracy, and real - time insights. The integration of these distinct data sources into a single repository enables enhanced data governance, improved analytical capabilities, and more informed decision - making. The article also examines the technical and operational challenges associated with such integration and offers strategies for successful implementation and maintenance of the EDW. Through practical examples and expert insights, it highlights the transformative potential of a common enterprise data warehouse in driving financial excellence and operational efficiency.
Keywords: General Ledger, Anaplan, Oracle E - Business Suite, Enterprise Resource Planning, Financials, Enterprise Data Warehouse, DRM, HFM
Edition: Volume 7 Issue 2, February 2018
Pages: 1670 - 1673