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The PeopleSoft Real Time Bottom Line is a one-of-a-kind solution designed to help your Chief Financial Officer
drive business performance through faster, well-informed decisions based on real time simulations of business,
organization, and regulatory changes.
Today’s CFOs face a challenging high-speed business environment.
To succeed, you need a real time global view of your organization
and the ability to quickly forecast the effects of your dynamic business world.
Historically, key business decisions don’t wait until the period is closed for you to obtain further guidance.
At any point in the cycle, you may have to make timely strategic decisions that directly affect the performance of your business.
PeopleSoft Real-Time Bottom Line is an In-Memory solution that quickly processes large volumes
of production data and business configurations to simulate the effect of changes without impacting your production environment or data.
You can create scenarios that model and assess the impact of transactions and allocation changes on your bottom line -- in real-time.
Then, you can compare the financial impact of different scenarios
and implement the most favorable scenario in your production environment.
PeopleSoft currently delivers the following Real-Time Bottom Line solutions:
In-Memory Financial Allocations Analyzer and In-Memory Financial Position Analyzer
Using PeopleSoft In-Memory Real Time Bottom Line, your Finance team can create simulations for your business
regarding the impact of changes to your organization and the world around your business.
Then you can analyze the results and provide information to the right stakeholders in your organization
on the real-time effects of your simulations.
Finally, you can deploy any simulation to your production environment, with approvals, if you require them.
The Scenario Dashboard is the hub of PeopleSoft In Memory Real Time Bottom Line activity.
You can personalize your Scenario Dashboard for efficiency, access configuration components from links within the dashboard,
as well as access and use your PeopleSoft reporting tools for analysis.
The Scenario Dashboard leverages several PeopleTools technologies such as the Activity Guide for step processing,
WorkCenter structure, and Dashboard for reporting. From the Scenario Dashboard, you can:
View alerts based on your criteria setup. View scenario information, status, and a graphic chart for any of your scenarios.
Select an existing scenario to update, process, and analyze. Add, copy, or rename a scenario. And, delete scenario data and definitions.
Once you have created a scenario, you can use the Activity Guide to walk through the steps of defining your scenario.
You can choose the types of elements you want to include in your scenario, and more.
Then specify how the elements and sub-elements in your scenario should be processed.
Then you can use the process page to graphically view the steps in your model
and quickly process the hundreds of elements in your scenario.
You can use delivered reporting tools to review the scenario results and compare scenarios against each other.
with appropriate variances in real time.
And finally, you can deploy the elements of a scenario to your production environment based on business decisions.
For a newly-created scenario, the system automatically takes you to the Define page.
The Real Time Bottom Line Activity Guide – Define page lets you specify an ‘As of Date’,
comments, attachments, and other attributes for your scenario.
You can choose the types of elements you want to include in your scenario.
Once you’ve made these selections, use the Configure page to specify how these elements are processed in your model.
Once you have configured your scenario, go to the Process page to initiate processing for your scenario.
From this page, you process or restart processing for your scenario.
Using In-Memory technology, the system graphically shows you the execution flow of the steps in the business process.
Each node in the graph represents a step in the business process and shows you the Step ID and Task ID.
Using related actions, your finance team can dive into the volume of activity generated by the execution of these simulations.
Once your scenario processing completes - or at a checkpoint within the process - you can use our delivered reporting tools
to review your scenario results and compare scenarios against each other, or against production actuals.
We provide you with several PeopleSoft reporting tools, including PSQuery,
Pivot Grids and a new Summary Inquiry focused on the Ledger.
As CFO, Real Time Bottom Line enables you to make sound business decisions based on real time trial balance,
pro-forma financial statements and P&L positions by business, region, product, and more.
The visibility doesn’t just stay within Finance. The insights provided by Real Time Bottom Line
can help business stakeholders that have to make decisions impacting the business and eventually the financial structure.
Once simulations are under way, there is the additional value of finance comparing results across scenarios.
For example, the first scenario envisions specific material activity coming in and that is simulated.
Another scenario may simulate a different combination of business events. The results of the two can be compared.
In-Memory comparative reporting allows up to three scenarios to be compared at once.
The Deploy page of the Scenario Dashboard enables you to request selected elements and sub-elements be copied
to the production database and submit that request for approval. You can also review the approval flow
for a submitted request and review a history of deployment requests for your scenario.
PeopleSoft In Memory Real Time Bottom Line uses Oracle Engineered Systems and in-memory technology
to enable your Finance team to simulate changes to business rules, the effects of material activity,
and assess your full financial position early in the financial period. With an intuitive interface and powerful processing throughput,
you can process data, analyze, and compare financial results faster than ever before. With this capability,
your organization can avoid financial obstacles, improve profits, improve your financial position, and increase your return on assets.