- Multiple On-Premise Tools to Support Planning Process – Used a mixed environment of on-premise planning tools and Excel to complete Annual Budgeting, Quarterly Forecast and Long-Range Planning
- Multiple Hierarchies – Legacy environment utilized a custom built GL Data Mart as the source for data and hierarchies which posed numerous challenges to the FP&A team
- User Adoption – Multiple tools were difficult to juggle, and often led to one or more products being forgotten
- High Volume of Customers – Customer structure with in their legacy system was varied and difficult to manage.
- Oracle EPM Cloud – Converted on-premise planning applications to the Oracle’s cloud environment and implemented Oracle EPM Cloud Financials module for quarterly and long-range forecasting capabilities
- Subscription Management – Seamless integrations with Oracle ERP,EPM Cloud, automate data capture of user base and drive subscription setup, and scalable to support current Cloud systems and align with future growth.
- Updated Integration Process – Revamped the data integration process to remove the dependency on the GL Data Mart by sourcing financial data directly from PeopleSoft, developing data integrations across planning areas and creating a hierarchy management process that the finance team can maintain
- Peloton Breakaway – Peloton’s collaborative implementation methodology was used to ensure rapid learning and adoption throughout the implementation process to ensure end-user adoption.
- Reduced processing time – By enabling the FP&A team to load actuals directly from the GL via Cloud Data Mgmt, actuals can be refreshed within 30 minutes rather than overnight
- Eliminated dependency on GL Data Mart – Control over application structure and data now resides with FP&A allowing for faster issue resolution & updates
- Ability to analyze Comp/NonComp – FP&A now has the ability to analyze the entire P&L by Comp / NonComp, a key retail performance indicator
- Seamless Integrations – Automated Data Capture, and Scalable to Support Future Growth