OpenWorld 2018 Guidewire transforms to Fusion ERP

Transcript:OpenWorld 2018 Guidewire transforms to Fusion ERP:
OpenWorld 2018 Guidewire transforms to Fusion ERP Cloud and Integration Foundation Pack Saket Srivastava Guidewire, Sr. Director Information Systems Siva Manickam Sr. Program Director Oracle Consulting Services October 25, 2018 . 10/19/2018 . Guidewire Pinnacle ERP Project Background Pinnacle Project Implementation Approach Integration Foundation Pack (IFP) Using Integration Foundation Pack (IFP) any ERP Project Q&A 1 2 3 4 5 Agenda 10/19/2018 . Guidewire Pinnacle Project Context * 2018 data from Yahoo Finance 10/19/2018 Project Pinnacle Goals/Guiding Principles to achieve Guidewire’s growth with modern financial system that supports growth to facilitate standardization/efficiencies for all Global Finance functions maintaining best in class business practices and processes and better decision support systems and availability of relevant info. to meet US GAAP, Statutory compliance and management reporting through process automation, approval workflows, & audit traceability with a robust internal control framework and governance IT Infrastructure and Application Platform which is easier to configure, maintain & enhance. IMPLEMENT A SCALABLE SOLUTION LEVERAGE TECHNOLOGY IMPROVE REPORTING IMPROVE INTERNAL CONTROL ENVIRONMENT MODERNIZE REPLACE CURRENT FINANCIAL SYSTEM IMPLEMENT CORE FINANCIALS, REV REC, & EPM LEVERAGE REPORTING CAPABILITIES DESIGN PROCESSES BUILD A ROBUST & STABLE BACK OFFICE PLATFORM 10/19/2018 . 10/19/2018 . Our Approach For Solution Selection 2016 Business Case Business Requirements Definition RFP – Product and SI Selection Project Kick Off 2017 Aug Sep Oct Nov Dec Jan Feb Mar Isolate Core Financials as an implementation stream . System Implementation Approach Data Migration Strategy determined up front History cutoff: data with opening balances and closing balances Load 2 years of summary and 1 year of detailed historical data to minimize complexity and data validation overhead Retain historical data in Intact; keep satellite systems to help with reporting Sequence 605 and 606 implementation in phases Continue 605 Optimization and integrate with Core project for Oracle Do 606, complete design after CoA, Oracle design complete, build integrations and test Use Oracle Integration Framework to connect satellite systems with ERP 10/19/2018 Training Strategy, Demos and hands-on user experience for edge cases in January completed 10-14 total days of system training, familiarization early in project to acquaint users with Cloud System “out of the box” functionality and get them used to new “best processes” Process based training plans downstream in project schedule Set Project expectations and governance to ensure that Customizations are viewed as a major Change Control to be avoided Use Oracle Consulting Familiarization Workshops to review key processes and