CPM Solutions

Satriun Group designs, implements and supports Corporate Performance Management solutions of the leading CPM vendors such as SAP, Tagetik, Oracle, Anaplan, OneStream, CXO-Cockpit

Financial Consolidation and Close Management

Satriun Group designs and implements Financial Consolidation and Close Management applications a fundamental part of CPM and a core component of a CPM suite. Support for this process is central to the responsibilities of the office of finance, because it creates the audited, enterprise-level view of financial information for accurate and timely external reporting, insightful management reports and variance analysis from targets. Financial consolidation and close management applications enable organizations to reconcile, consolidate and summarize financial data based on different accounting standards and government regulations. They provide financial results at local, regional or business unit sub-consolidations.

Financial and Management Reporting and Disclosure

CPM suites require some output to be formatted as structured financial statements. We provide the needed additional logic and presentation capabilities to reporting tools so they can handle these requirements (for example, calculation rules for creating a cashflow statement from income statement and balance sheet data). Satriun Group ensures that reporting tools support generally accepted accounting principles (GAAP) presentation rules, such as U.S. GAAP and International Financial Reporting Standards (IFRS), to enable the preparation of statutory financial statements with appropriate commentary and supplementary notes.

Satriun Group designed a complete IFRS 16 solution covering lease contracts, calculations and reporting fully based on SAP BusinessObjects Financial Consolidation (BFC).

Financial Budgeting, Planning and Forecasting

The budgeting process sets short-term targets for revenue, expenditures and cash generation, and usually has a duration of one year. It typically uses financial classifications found in the general ledger to classify financial goals and targets. The budget (and the budgeting process), typically wholly owned and controlled by the CFO, needs to link with underlying finance systems. The budgeting process usually acts as more of a fixed control mechanism than does planning and forecasting. Satriun Group designs and implements office-of-finance CPM planning and forecasting processes and tools consisting of a financial modeling engine with an integrated income statement, balance sheet and cash flow forecasting capability. This feature distinguishes CPM from other analytics applications that also create plans and forecasts (such as applications for sales and operations planning or marketing campaign planning). Our tools support the creation, review and approval of financially focused plans and forecasts, as well as their associated workflow. They should maintain an audit trail of all associated activity.

Strategic Planning and Forecasting, and Strategy Management

Strategic Planning typically differs from budgeting in that once a budget is created many organizations tend to strictly adhere to it, regardless of changes to the business environment. Satriun Group designs and implements strategic forecasting processes and tools that not only create more-accurate predictions based on experience, but also predict alternative outcomes if business conditions change. Financial forecasting is often simple (for example, add three months’ actual data to nine months’ budget data). Strategic forecasting can incorporate statistical techniques to help predict performance and guide strategy.

Profitability Modeling and Optimization

Profitability and Cost Management includes activity-based costing (“ABC”) and activity-based management (“ABM”) applications that determine and allocate costs at a highly granular level — for example, to determine the cost of each activity that an agent may perform across all channels in a customer service contact center. Satriun Group designs and implements ABC and ABM processes and tools where this information can be applied to various cost objects, including products, customers and customer segments, to help determine product and customer profitability. Our applications often take this approach further to enable users to model the impact on the profitability of different cost and resource allocation strategies.

CPM Training & Education

Satriun Group delivers professional trainings covering various Corporate Performance Management software solutions. Our experienced trainers are experts in both the functional and technical sides of the solutions. In addition to the training courses on our catalogue our team delivers customised trainings, tailored to the need of your team: skills improvement, strengthening in-house knowledge following a change, additional training prior to CPM solution go-live, etc. Our training catalogue provides a list of trainings currently being delivered by our experts.

Your Contacts

Stéphane Racine
SAP & Anaplan
icon_mobile_blue +41 78 839 97 94

Michiel Lelsz
Tagetik CPM
icon_mobile_blue +31 6 50 63 23 49

Otto van Kesteren
Oracle & OneStream CPM
icon_mobile_blue +31 6 53 64 54 55

Our approach

Satriun Group uses a waterfall approach to phase corporate performance management projects, where every phase consists of clearly defined objectives and deliverables. Individual project phases may run (partially) in parallel if there is no direct interdependence between these project phases. Such parallel execution helps reducing the project’s critical path and allows targeting ambitious project timelines.

1. Project Scoping

The first phase in a CPM implementation project involves scoping, meaning: defining the corporation’s vision and ambitions when it comes to the CPM project at hand. Scoping is key to ascertaining the right focus throughout the project and delivering it in line with expectations. It is however vital to retain the possibility to adapt project scope due to unanticipated events, such as a business combination or a re-segmentation.

2. Functional Pre-Design

During functional pre-design, the core functionalities and information requirements to be delivered by the CPM suite are assessed. This phase lays the foundation for both the CPM Suite Selection phase and the Detailed Design phase as it basically delivers a high-level application blueprint. Functional pre-design bridges the gap between the objectives defined during project scoping and the required granularity of the detailed design.

3. CPM Suite Selection

With the high-level application blueprint in hand, software vendors can be asked to deliver proof of concept (“PoC”) demonstrations for their CPM suite. A scorecard, detailing the sought after core functionalities and information requirements from the pre-design phase, is used to help the organization assess the fit-for-purpose of each of the PoC demonstrations against the agreed requirements. Participants to the PoC demonstrations are asked to complete the scorecard, whereafter the data from the scorecards is combined to arrive to an objective and shared opinion on the best fit-for-purpose CPM suite.

4. Detailed Design

The detailed design phase is probably the single most important project phase. The higher the quality of the detailed design, the quicker the project team can develop the application, the smoother the data conversion and testing is executed, and the less iterations are required in order to fine-tune the system’s functionalities. During the detailed design phase, the requirements of the project scoping and functional pre-design come to life. Reporting processes are (re)designed, account and entity hierarchies are defined, analytical dimensions are established, and consolidation scenarios are detailed. Our methodology is to build up a highly granular data test set during the detailed design, based on individual transactional entries. This ensures the logic and consistency of the data model is safeguarded, while at the same time being a great asset for functional end-user documentation and initial testing.

5. Application & Process Build

With the detailed design in hand, the project team can quickly deliver the application metadata and workflows. Loading the highly granular test set from the Detailed Design phase into the application allows for a thorough initial testing already early on in the project. It is our experience that this approach enables a rapid application & process build without any material errors later on in the project. In addition, data entry forms, output reports, system interfaces and user rights creation are also part of the deliverables of the application & process build project phase.

6. Data Conversion & Testing

With the most rudimentary tests already performed in the Application & Process Build phase, data conversion and deeper testing can be combined. Historical data conversion is the most reliable and effective testing to be performed as the consolidated output of the new CPM suite can be reconciled to the already available consolidated output from existing systems and processes.

7. Documentation & Training

The delivery of functional end-user documentation, explaining the workings of the application in a finance-oriented way, is an important part of successful knowledge transfer. This project phase also includes the creation and delivery of a standard end-user training program. It is our experience that constructing such training around the simulation of an actual quarter end close provides end-users with maximum knowledge and comfort they can own the reporting in the new CPM suite.

8. Acceptance & Go-Live

Immediately after the delivery of the training program, acceptance testing is initiated by going through a number of parallel runs. During such parallel runs, the corporation has to first finalize the reporting in the existing systems and processes, whereafter the reporting has to be re-done in the new CPM suite. Though quite an intense exercise, it allows for a back-to-back testing of the entire process and a validation of the consolidated output. Upon successful completion, the corporation can switch over to the new CPM suite, keeping the existing systems and processes alive for a few periods as fall-back.


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