EPM
Process Improvement
We at ARC EPM can help maximize performance through automation and optimization of specific processes, thereby increasing your business' productivity.
EPM Environment
ARC EPM understands that you want your EPM software to help you achieve optimal business growth while being transparent throughout the process. That said, continual strategic planning and process improvements are needed for the business to maintain it's A-game.
We can help you maximize potential gains while making sound business decisions. The first step in realizing that goal is by automating and optimizing your EPM software. By utilizing the full capability of your software, ARC EPM will also be able to enhance its performance in multiple areas.
Performance Enhancement
Automating data loads and financial reporting within your EPM environment can reduce the time a company spends in data loading and export processes by more than 50%.
ARC EPM can provide various solutions for automating the transformation and load of your source data, such as appropriately leveraging FDMEE or Maxl: for automating data imports and exports for Essbase/Planning applications.
One of the challenges that businesses face is the overwhelming number of programs and projects that have to be carefully planned and regularly managed. This is aside from the fact that "configuration of EPM applications had not been substantively updated since the original implementation 7+ years ago", says the Association for Financial Professionals.
By optimizing the system performance of your organization's EPM software, the level of effort warranted for maintaining and supporting the EPM environment will be drastically reduced.
ARC EPM is dedicated to helping its client-partners get the most of their investment from the EPM technology. With our experience and skill set in these matters, we provide businesses helpful insights on how to seamlessly implement and/or upgrade EPM processes.
We also assist organizations on how to better understand other EPM tools and how these tools can increase their EPM's efficiency and functionality.
A review of a company's internal controls is often the largest components of a SOX compliance audit. Therefore, administering and maintaining the integrity of your EPM environment is mission critical for all public and private organizations. It is important that adequate controls are implemented and enforced to safeguard and retain the integrity of your data, and system’s performance.
ARC EPM will assist your company in developing a process for administering and maintaining your environment in a controlled and efficient manner for safeguarding the integrity of your data within your EPM environment.
- Separate the production environment from development environment or test environment for the change control process
- Develop and manage change requests
- Establish a version change control program and test procedures
- Establish and maintain emergency change procedures
- Perform risk assessments prior to approving change requests
- Implement changes according to the change control program
- Establish and maintain a patch management program
- Establish and maintain approved change acceptance testing procedures
- Document system configuration and testing
- Update the system's backup procedures after an approved change has occurred
- Develop a test plan for upgrading software and hardware
Hyperion financial reporting can be used to generate internal management and consolidated external reports that are not only well-formatted, but are also dynamic (resulting in minimal to zero maintenance), and are SOX and GAAP compliant.
Get Results On Your Next Project
The finance experts at ARC EPM offer complete consultancy and support services to help your organization implement all the functionalities of the platform. Our combined years of real market experience and thorough training allow our professionals to give valuable insight into how your company can use EPM Solutions to improve your business performance.
