Master Data Management

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Problem: The Hyperion Financial reports developed by another consulting company did not meet the clients requirements

Solution: After discussing the issues with the current set of reports we developed a plan, prioritized tasks and executed the plan. After 1 week all high priority were accepted by the users and after 4 weeks all reports were complete.

Problem Solved

Rely on us to Manage your Data in MDM

Gibney Consulting offers to manage master data (dimensions, hierarchies, reporting structures, and properties), which will give your business agility to globally synchronize metadata across disconnected information systems.  Oracle Hyperion Data Relationship Management makes master data synchronization efficient by reducing duplicate manual maintenance efforts while providing centralized exports of master data to downstream systems and applications.  Continue reading below to see why Activision Blizzard, a leading global video game company, relies on Oracle’s Hyperion Data Relationship Management (DRM).

  • Save time and resources spent reconciling reports and measures across business units with built-in referential integrity for dimension conformance
  • Reduce or eliminate errors in data flow between operational and analytical systems using comprehensive API/Web Service to integrate with connected systems
  • Maintain data integrity across divisions and systems using automatic attribute management with business rules
  • Empower users to easily make data changes based on role-based security and access control
  • Minimize manual IT data maintenance tasks with configurable workflows for change management and data remediation
  • Perform reliable what-if scenarios and impact analyses with flexible versioning and what-if modeling capabilities
  • Ensure consistent corporate definitions and metrics with enterprise master data lifecycle and change management
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Proactively Manage Master Data

KEY BENEFITS

  • Accurate Views of Master Data
  • Single source of data
  • Role based access
  • Reduced Costs
  • Eliminates duplicate maintenance processes
  • Reduce time and money fixing errors
  • Reduced costs of current systems
  • Fast and Flexible Decision Making
  • Timely intelligence
  • Rollback and what-if tools
  • Greater Value from Existing Assets
  • Integration of data warehouses, data marts, OLAP cubes and ERP systems
  • Regulatory Compliance
  • Consistent and reliable export reports
  • Audit trails
  • M&A reporting
  • Quick data integration

Oracle Data Relationship Management helps proactively manage changes in master data across operational, analytical, and enterprise performance management silos. Users may make changes in their departmental perspectives while ensuring conformance to enterprise standards. Whether processing financial or analytical information, Oracle Data Relationship Management delivers timely, accurate, and consistent master data to drive ongoing operational execution, business intelligence, and performance management.

DRM capabilities includes:

  • Hierarchy, node and property management
  • Business logic-based validations
  • Batch imports of source master data
  • Integrated master data exports with relational or flat-file output
  • Version control with snapshots
  • Comparison-based reporting between versions
  • Hierarchy-based selection to automate report contents
  • Approval workflows and complete auditability

DRM gives your business the access, flexibility, consistency, rigor, quality control and visibility you need to quickly integrate an acquisition, incorporate a new system, or simply add new values to your existing chart of accounts.  DRM is regularly used to ensure successful execution of the following types of business activities:

  • Business (finance) ownership of master data management
  • Regular maintenance of financial master data
  • Chart of accounts redesigns
  • Mapping of values (old-to-new) in mergers and acquisitions
  • Enterprise-wide synchronization of financial master data

Oracle Data Relationship Management from Oracle Data Sheet Oracle DRM

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