Business Challenges

• Existing Planning System Limitations: Previous planning system lacked of robust capabilities and did not meet their growing planning and forecasting needs
• Lack of Standardization & Accuracy: Required customized formula rules for each facility to maintain consistency and control
• No Existing Payroll Modeling: Unable to pull data from Workday for current employees, new hires, and plans for employees
• Lack of Workflow & Review Process: Lack of established workflows to be used prior to budget and forecast submission

Solution

• Oracle EPM Cloud Planning – Provided the ability to perform Financial Statements, detailed Workforce Planning, Forecasting and Facility Planning
• FP&A Forecasting Solution – Forecast monthly P&L down to the business unit level, providing the right detail for decision making
• Facility Planning Model – Each individual power plant now has the ability to forecast on a daily basis and rollup revenue on a monthly basis

Impact

• Automated Integration– Workday to Oracle Workforce Planning, utilizing Data Management and
  EPM Automate
• Standard Chart of Accounts– Established a granular level of planning across all business platforms with a robust chart of accounts
• Robust Reporting & Analysis– Ability to analyze business needs and make key decisions