Akili Inc Oil & Gas BPC Solution on Hana
- 1. AKILI INC. OIL & GAS BPC ON HANA SOLUTION Compete like never before. Consulting Technology Performance
- 2. COMPETELIKENEVERBEFORE Oil & Gas Industry Challenges • In a dynamic operating environment, daily operational decisions can have significant and immediate impact on profitability, debt and cash flow. • Changing commodity markets can dramatically affect performance. • Significant capital requirements require ongoing evaluation of existing and potential opportunities.
- 3. COMPETELIKENEVERBEFORE The Strategic Value 3 Cash Flow & DebtInvestment Risk • CFO’s must constantly monitor and validate the company’s key metrics to ensure compliance with debt covenants and investor/shareholder expectations. • Tools to quickly evaluate investment choices and changes in the operating environment are critical.
- 4. COMPETELIKENEVERBEFORE Performance Management Solutions Address Financial Priorities Processes Improvement Priorities: 2011 Gartner / FEI Technology Study, John van Decker, 24 May 2011 4
- 5. COMPETELIKENEVERBEFORE Reasons to Invest in a Planning Solution Firms enjoying best-in-class performance share several common characteristics* • 96% of best-in-class companies are able to track actual performance against budget. • 82% of best-in-class companies have the ability to reforecast as market conditions change. • 75% of best-in-class companies have established enterprise-wide collaboration from the top-down and bottom-up during the planning process. • 70% of best-in-class companies have the visibility that allows them to drill down to successive level of detail and 60% have the ability to perform multi-dimensional roll-ups. • 34% of best-in-class companies are more likely to enable the budgeting process with technology. *Source: Financial Planning, Budgeting, and Forecasting in the New Economy. Aberdeen Group. March 2011 Anticipated ROI of 50% to 150%, and 6- to 12- month payback. Can reduce the duration of the planning cycle by 30% to 90%, and reduce the cost by 25% to 75%.” Source: 2009 Gartner-Financial Executives International Technology Survey 5
- 6. COMPETELIKENEVERBEFORE Oil & Gas Industry Opportunities 6 • Integrate operational systems and data into planning systems allowing a proactive response to changing operating conditions. • Use a driver based model to evaluate multiple assumptions or scenarios. • Quickly assess new opportunities. • Flow these changes through driver based models to assess the impact on profitability, debt and cash flow.
- 7. o Production volume forecasts o Pricing scenarios o Resulting revenue forecasts o Lease operating expense o Cash flow, debt, and interest o Capital planning • Generating reports is reduced from 1-2 days to instantaneous. • Dramatically reduced close process timeline allows for more analysis. • BPC’s user interface (Excel) is familiar to most end users. • Results in BPC environments that are in-memory optimized. • Yields faster performance for loading and reporting. • Is a platform built to handle “big data”. COMPETELIKENEVERBEFORE Business Planning and Consolidation on HANA Benefits 7 Akili’s BPC on HANA forecasting solution enables features such as automated variance analysis or sophisticated scenario planning involving:
- 8. COMPETELIKENEVERBEFORE Why Akili’s BPC Solution on HANA for Oil & Gas? • Akili’s Oil & Gas optimized BPC solution provides reporting and forecasting at the individual well level. • Experience complex scenario analysis running Akili’s Oil & Gas BPC solution on HANA. • Don’t waste resources developing customized applications – use Akili’s Oil & Gas BPC solution now available on HANA. • Akili’s Oil & Gas optimized BPC solution is based on our 20+ years of experience learning industry best practices. 8
- 9. COMPETELIKENEVERBEFORE Next Steps with Akili 9 • 12+ weeks • Requirements, Design, Build • Training • Organizational Change Management Implementation • 2 Weeks • Analyze the current state of financial planning, reporting and analysis in your organization. • Define specific goals and objectives. • Develop Business Case. • Create a Roadmap to achieve your goals. Roadmap • Outline current Enterprise Performance Management (EPM) solutions. • Discuss issues with the current environment and how BPC can be applied to these issues. • Plan for a Roadmap Workshop. ½ Day Workshop