EXPERLAB
EXPERLAB is a consulting firm based in Milan, Italy. We support companies financial closing processes with Oracle Hyperion solutions for consolidated financial statements, planning, and management reporting.
HISTORY
The name EXPERLAB comes from the concept of EXPerience in PERformance management solutions. The experience is based on a 20-year history of EPM projects, with constant growth in both technical product expertise and functional process knowledge. LAB is the laboratory & testing of excellent EPM solutions for customers.
KEY USERS
The keyuser, first of all. An EPM project is successful if the application is fully understood and utilized by users. Throughout the project, we provide users with all the skills needed to use the product, starting from the preliminary analysis and blueprint drafting phase. In this sense, we like to think of Experlab as a training school for the Oracle Hyperion EPM world.
PROCESSES
Consulting boutique specialized on “on-prem” Hyperion and Oracle EPM Cloud applications. Consolidated financial statements, management reporting, budgeting and planning, ESG sustainability reporting. Data integration from general accounting and source systems. Ability to speak the same language as controllers and IT directors.
STARTER KIT
Over 20 years, we have developed a Starter Kit for Statutory consolidated financial statements, both on HFM and FCCS. Starter Kit is an application that includes an ITAGAAP and IFRS chart of accounts, data loading interfaces, reporting, calculation, translation, and consolidation rules. A project approach that begins with our Starter Kit is a winning one from every perspective: experience, features already active and tested at other companies, smaller project scopes.
EXPERLAB works in full collaboration with Oracle since 2005, both on Hyperion “on premise”applications (HFM, Planning, Essbase) and on EPM cloud technologies (FCCS, PBCS, EPRCS).
Consulting stories, EPM resources and latest news
Consulting stories: playing with EPM scenarios
Many key users and controllers call them “environments.” Technically, they’re called “scenarios.” We can use them in #FCCS, #PBCS, and #HFM to test major changes without corrupting official data. Yesterday, we needed to see in real time how balance sheet and profit and loss uploaded with a TXT file rather than an Excel Input Package … Read More
Read MoreConsulting stories: Beloved old HFM TXT for data
Who remembers the good old #HFM TXT? That 13-fields file with .dat extension that we upload with Load Data? We used it today, and it still provides great satisfaction. Sure, it’s not Data Management with direct integration between accounting and HFM, but it’s a must-have for speeding up data entry operations, bypassing XLS files. The … Read More
Read MoreConsulting stories: full immersion on Narrative Reporting !
Today we’re fully engaged in building Narrative Reporting tables on EPRCS to develop the notes to the Financial Statements. Great job in terms of graphics too: layout, RGB color codes, font type and size. Note to implementers: before continuing with all the tables, let’s see how the first one looks within the Report Package in … Read More
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