7 Key EPM / NSPB Updates
The Pivot2 team have compiled a list of some of the most useful updates to be included over the last two months, that could specifically help your business process.
Please reach out for a chat by contacting us here if you would like any further information.
SUMMARY
SMARTVIEW
1 Increased Limit to Save Office Documents to EPM Cloud from Smart View
2 New Version of Oracle SmartView for Office
PLANNING
3 Advanced Auto Predict Options
FCCS
4 Dry Run Data Load
TASK MANAGER
5 New Task Manager Report for Task Comments
NARRATIVE REPORTING
6 Working with Shared Reports
7 Working with Linked Regular Doclets
SmartView Updates
INCREASED LIMIT TO SAVE OFFICE DOCUMENTS TO EPM CLOUD FROM SMART VIEW
When you save Microsoft Office files to the EPM Cloud Library from Smart View, you can now upload files that are up to 20 MB in size. Previously, you could upload files only up to 5 MB.
Business Use Case
A user during the planning cycle can upload a supplier contract that supports the budget line item. A training guide and admin guide can be saved in the Cloud Library so all team members have access to the most up to date training material.
NEW VERSION OF ORACLE SMART VIEW FOR OFFICE
Oracle Smart View for Office version 22.200 will be available soon. This release contains only defect fixes. There are no new features included.
Business Use Case
Users who keep versions up to date are far less likely to encounter performance issues.
PLANNING
ADVANCED AUTO PREDICT OPTIONS
New advanced Auto Predict options give you more flexibility when defining Auto Predict jobs and improve prediction results in some scenarios.
You can define advanced options for:
Data Screening
Data Attributes
Methods
Business Use Case:
You can now really refine your prediction and remove for example outliers in your data such as a one-off spike in revenue so your future prediction is more reliable. You could also adjust the period over which the prediction will take into account historical seasonality per period if you have had a change in your business model over say the last two years.
FCCS
DRY RUN DATA LOAD
Financial Consolidation and Close and Tax Reporting customers can now perform a data load dry run in Data integration. This feature enables you to scan a data load file for invalid records before loading it to an application. The system validates the data load file and lists any invalid records into a log. When this option is selected, data is not loaded to the target application.
Business Use Case:
Before you hit month end, you could run a dry run to identify all the new accounts that had been added in your ERP and ensure they are created in FCCS before performing the actual data load and encountering errors. This would speed up the final data load and consolidation process.
TASK MANAGER
NEW TASK MANAGER REPORT FOR TASK COMMENTS
Task Manager now includes a new standard report to summarize all user comments added to tasks.
You can run the Task Comments report for a particular Period or Schedule to display all the comments users entered on their tasks.
Business Use Case:
As part of your month end close audit, you can review one report that contains all comments related to particular tasks to ensure there are no outstanding items before closing out the month.
NARRATIVE REPORTING
WORKING WITH SHARED REPORTS
Shared Reports are a new artifact type that designates all report objects (Grids, Charts, Text boxes, and Images) in the shared report as shared objects. Shared objects can be inserted into other Reports, providing a single point of maintenance for the inserted objects within the Shared Report. If a shared object is updated in its source shared report, all the subscribing reports that contain the shared object will be automatically updated.
Business Use Case:
Your administrator could save up your company’s logo and use this across all reports.
WORKING WITH LINKED REGULAR DOCLETS
Linked Regular Doclets enable you to easily share the common library documents across multiple Report Packages.
Business Use Case:
If you have certain tables such as a high-level income statement grids or safety stats that can then easily be incorporated into multiple report packs.