Session Number: 8248
Sub-Categorization: Planning Cloud
Session Type: Case Studies
Primary Presenter: Charlie Luke [Vice President, Financial Planning & Analysis - Opus Group]
Co-Presenter: Vatsal P Gaonkar [Principal - Alithya Ranzal]
Time: Jun 26, 2019 (10:15 AM - 11:15 AM)
Room: 602/603, Level 6
Speaker Bio: Charlie Luke has over 30 years of experience in finance and accounting, business transformation change, and forensic financial analysis, and he is responsible for all aspects of short- and long-term operational and capital budgeting, planning, and analysis at Opus Group. He led the implementation of Oracle Hyperion Planning and Planning and Budgeting Cloud Services, including integrations with JD Edwards.
Technologies or Products Used: EPM Cloud, Oracle PBCS, Cloud Data Management
Session Summary for Attendees: This session is a case study about how Opus Group® leveraged Oracle Planning and Budgeting Cloud Service (PBCS) to create a custom project-driven financial planning solution that is used for short- and long-term capital, revenue, margin, and expense planning. This PBCS application incorporates key concepts required for financial planning from the real estate and construction industry, such as project capital structure and equity, capital roll-forwards, rolling forecasts, and revenue recognition by different capital structures. The session will include a live demo to illustrate how the planning model integrates a project-level proforma to short- and long-term capital and P&L planning tools, to generate a variety of financial reports.