Request a Consultation

CheckPoint Consulting Blog

The focus of this blog (#4 in the series) is how to leverage the investment your company has made in establishing a Cloud EPM Vision and Executing successfully on the project. It is in this final phase of the Cloud EPM project implementation that we define our 'success'. Is this project a one-time triumphant event or will we create a Legacy of ongoing improvements and optimal return on our investments?

read more

In this post we’re moving on from our discussion about establishing a Vision for Cloud EPM projects to the activities necessary during the project implementation.

read more

My blog post last week shared that successful Cloud EPM projects have a common thread, a 'plan' that spans activities before, during and after the project’s lifecycle. Today I’ll focus on the specifics that need to occur before kicking off a Cloud EPM project.

 

read more

In my previous blog post, I talked about the critical importance of the executive sponsor when implementing a Cloud EPM project. Over the next few posts, I’ll expand the focus of this discussion to cover best practices to leverage throughout not only the lifecycle of a Cloud EPM Implementation, but also the environmental factors that are important before, during and after the project. Implementing new technology can be full of pitfalls, both technical and organizational. This can especially be true for Oracle Cloud EPM projects. Oracle Cloud EPM projects will require the functional departments to give up some control to the IT group and perhaps need to integrate their processes with other departments. In the twenty-five plus years and dozens of implementations that I have been involved with I have identified many crucial success factors. Additionally, my colleagues at CheckPoint have collectively delivered well over a thousand projects. I will describe best practices for engaging all areas within a company to deliver a successful Oracle Cloud EPM project

read more

Today’s global business environment is more challenging than ever. Trends such as the accelerated pace of change, disruptive innovations across multiple fields and emerging competitors require leaders to respond in strategic and original manner. In IT, doing business as usual will not provide the required nimbleness to face these challenges. Cloud technology such as Oracle’s EPM has significantly altered the entire IT landscape. With the vital role of IT, cloud computing is fundamentally changing the way that companies operate. Executive level sponsorship is considered to be the most intricate and vital role in disrupting IT-norms within the enterprise. As companies contemplate cloud strategies aligned with delivering growth and performance objectives, executive sponsors have countless concerns to carry out before, during and after cloud projects.

read more

Regular readers of my blog posts will know that I like to spend a fair amount of space talking about the ‘how’s’ of owning and managing an EPM system. In all honesty, anyone can purchase a software solution, and many companies do, but the real test comes during implementation and support. Over my many years of consulting I’ve noticed that clients who enter the implementation stage with a support and maintenance plan already in mind tend to be more successful. The same success also follows clients who start a project with some sort of future product lifecycle in mind.  But what happens when your company hasn’t had the luxury of time to be proactive, or if you have inherited a system that is out of date through an acquisition, or being used for cross-purposes? Now is the time to have an open conversation around these intricacies. The following article, and a Q&A panel I am hosting next week hope to answer some of those questions. So here are some opening thoughts to get the dialogue rolling:

read more

New Financial Reporting Web Studio and end of life for Web Analysis

read more

Essbase allows for active/passive clustering of the servers for use in a failover or DR scenario.  Oracle uses OPMN to handle the failover from one node to another in the event of a failure. The EPM Config tool, used to configure ESSBASE, does not update the OPMN.xml file correctly and needs to be manually updated as a post install step.

read more

Since 2002 corporate reporting functions have been challenged continuously. None of us have been excused from increased controls and requirements on the content that businesses report to our stakeholders. If organizations are to deliver rapid and accurate financial close data they need to be able to control and improve the entire ‘extended’ financial close process. Top organizations recognize that the ‘close’ actually begins with sub ledgers and ends with the transfer of statutory filings; therefore are adopting integrated financial close solutions that address this whole process.

read more

It’s not uncommon these days to load balance the HTTP layer for the EPM Stack. This includes using a virtual ip address or ‘VIP’. Many of our clients are also implementing SSL offloading at the VIP.  When using SSL, sometimes EAS will fail to load the EAS Console correctly. It will usually show an error with three possible bad URLs.

  • a URL that is not SSL
  • or the URL may not use the correct VIP address
  • or the URL may even be pointed to the default 10080 port

To force EAS to always call back to the correct SSL address, you can add a java argument for EAS “-DEAS_FE_URL.”

In Unix Environments:

The java argument should be added to the set CustomParamatersEssbaseAdminServices.sh (or bat). The file is found in the EPM_INSTANCE/bin/deploymentScripts/ directory. The argument can be added directly into “JAVA_OPTIONS” section of the file, or as its own entry. I prefer a separate entry so I can better see it has actually been applied.

I add these lines in the file:

They can be added at the top or the bottom of the file.

In Windows Environments:

The java argument should be added appropriately in the Windows Registry.

Related links:

  • Want to meet us in person at KScope in Chicago? Join us!
  • This Essbase Subvar Updater Tool generates a MaxL script based on a few inputs. Download a copy now.

 

 

read more