Special Focus:
Teradata Decision Experts: Enhance financial reporting and data analysis
In an era of increased expectations, financial organizations must excel at their most basic function: financial reporting. Unfortunately, enterprise resource planning (ERP) and other source systems often hinder the CFO's ability to speedily deliver reporting and analysis.
Forced to customize complex, expensive ERP data sourcing and integration solutions, finance organizations see their performance dragged down by lengthy close processes, limited data transparency and insight, costly, time-consuming maintenance, and inability to link financial and operational data.
The Teradata Decision Experts suite can help with the power of a pre-built, end-to-end data sourcing, data integration and financial analytic solution designed specifically for Oracle ERP environments. Built upon
an enterprise data warehouse, the Teradata Decision Experts portfolio transforms a finance organization's reporting, analytics and performance management efforts.
Teradata Decision Experts comprise three critical layers—Teradata Decision Experts for Finance, Teradata Source Experts and an integrated analytical environment. Teradata Decision Experts for Finance are flexible, pre-packaged, metadata-driven data models arranged around key subject areas, including general ledger, accounts payable, accounts receivable, purchasing, fixed assets and project accounting. Each module enables real-world financial analysis, automatically creating intelligent, customized links to ERP sources and providing a single, unified view of a company's financial data. Customers are able to make the crucial linkage between financial data and their operational drivers. Teradata Decision Experts for Finance can be implemented in phases and deliver value faster and at a lower total cost of ownership than customized solutions.
Teradata Source Experts is a pre-configured, intelligent ERP adapter that accurately reflects the ERP system's data and structures and automatically extracts relevant data for delivery into the Teradata Warehouse. A solution that is deployable in weeks, not months, Teradata Source Experts also includes an automatic change data capture capability that seamlessly incorporates ERP changes into the data warehouse.
Teradata Decision Experts can be integrated with all leading business intelligence (BI) tools, allowing finance to view data through the tool of its choice. Standard business report templates and pre-defined, role-based analytics deliver data in a more timely and cost-effective manner. When integrated with Hyperion's System 9 BI+ suite, Teradata Decision Experts allow even faster deployment and lower ongoing maintenance of the client's overall analytic infrastructure.
Teradata Decision Experts provide rapid data sourcing, improved data accuracy and integrity and reduced maintenance. CFOs are better equipped than ever to transcend the limitations of the "score keeper" and directly influence their companies' most critical decisions. T
Teradata Value Analyzer: Measuring the impact of customer behavior on profitability |
Want to make decisions that will increase the bottom line? You must first understand the factors that drive enterprise profitability. Most companies base their profitability analysis on high-level averages,
or aggregations, which are created from summary analyses of financial systems. Yet these averages often hide key relationships and behaviors, creating inaccurate views of value that can lead to misguided business decisions.
To address this analysis gap, Teradata created Teradata Value Analyzer, an application that calculates profitability at a detailed, behavior-based level. "Teradata Value Analyzer is essentially a series of powerful calculation engines that reside within the Teradata Warehouse," explains John R. Parker, Teradata profitability application specialist. "This application can take advantage of high-speed parallel processing and manipulate huge volumes of information in a short time. This provides enterprises with financially robust, reconcilable data about profitability at various detail levels—such as customers, accounts, products or channels."
Using these detailed analyses, Teradata Value Analyzer can help companies generate insight that can be used to make better decisions about marketing, distribution, pricing, product and risk management—the foundation for enhancing profitability.
The profitability analysis calculated by Teradata Value Analyzer is fed back into the Teradata Warehouse—making it available for ongoing analysis and assessment over time. Because the calculations are executed within the data warehouse engine, processing speeds remain high, accuracy is protected and system throughput is uncompromised. Most importantly, the profitability metrics calculated by Value Analyzer are stored in the data warehouse and available for use by all users across the enterprise.
"There is tremendous power in being able to carefully assess the value of millions of customers and their operational transactions," says Parker. "Teradata Value Analyzer gives enterprises the flexible and robust analytic power they need to support strategic decisions and enhance profitability."
—Cheryl D. Krivda |
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� Teradata Magazine-September 2006
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