Oracle Fusion Financials Customer Adoption and Implementation Experience
Can you close your books in Fusion Financials?
YES
How did you get there?
Who is Red Robin
4
Red Robin Data Points
Casual Dining Focus Since 1969 479 Restaurants (344 Corporate, 135 Franchise) 43 States and 2 Canadian Provinces 25,000+ Team Members 5 Burger Works – Fast Casual Locations Nasdaq: RRGB 5
A little complexity
344 factories turning raw materials into prepped items into something you will eat Produced to order (a bacon cheeseburger has 4,000+ basic combinations) in less than 10 minutes Hourly turnover is about 100% annually
Many Team Members earn tips which reduce their hourly rate
Oh…By the Way….! You can you close your books in Fusion Financials?
JDE World
Multiple P&L
Analytics Heroics 8
Manual Processes
Our Challenges
Decentralized Invoicing
Old Payroll System Data Silos
Insight Integration
Innovation 9
Why Oracle Fusion? Leapfrog Technology Open Source allows for flexibility with other systems (i.e. POS)
Encouraged by Oracles investment in new products Managing risk of new platform and integration into cloud technology Holistic Vision with Oracle as a partner 10
What did we end up with? Financial Management
Human Capital Management
General Ledger
Accounts Payables
Asset Management
Payments & Collections
Accounts Receivable
Cash & Expense Management
Automated Invoice Processing
Financial Reports Center
Transactional Business Intelligence
Common Modules
KPI’s, Dashboards - OBIA
Workforce Lifecycle Management
Global HR
Compensation Management
Benefits
Performance & Goal Mgmt
Talent Review Transactional Business Intelligence
Global Payroll Workforce Directory Mgmt
Distributed Order Orchestration
Global Order Promising
Inventory Management
Transactional Business Intelligence
Shipping & Receiving
Product Hub
iLearning
Procurement
Project Billing
Project Performance Reporting
Purchasing
Self-Service Procurement
Sourcing
Project Control
Project Integration Gateway
Transactional Business Intelligence
Procurement Contracts
Transactional Business Intelligence
Spend & Performance Analysis
KPI’s, Dashboards, OBIA
DCLink
KPI’s, Dashboards, OBIA
Supplier Portal
Advanced BI Time Line 2011 Q1
EA
11 3
Q2
Q3
2012 Q4
Q1
Q2
Q3
2013 Q4
Q1
Q2
Q3
2014 Q4
Q1
Q2
Cost Management
KPI’s, Dashboards, OBIA
DSI (Oracle Partner)
Project Costing
Project Contracts
Product Master Data Management
KPI’s, Dashboards OBIA
Workforce Predictions
Project Portfolio Management
Supply Chain Management
Q3
2015 Q4
Q1
Q2
Q3
Q4
Mobile Scanners
Printers
Fusion Finance Implementation Timeline
12
Our Fusion Implementation in 18 seconds
13
Implementation Challenges Product Readiness Change Management User Adoption
Knowledgeable Partners Performance Challenges
14
Organizational Change & Project Wariness
Business Benefit Sponsors Scope Early Adopter
Implementation Successes RR Finance Team
Exec & Business Sponsors
iQube Project Team Oracle Development
Partners Cognizant & DSI RR Executive Leadership Team
15
Fusion Success Team Innovative Services Group People!!
Licensed
Financial Management
Implemented
Human Capital Management
General Ledger
Accounts Payables
Asset Management
Payments & Collections
Accounts Receivable
Cash & Expense Management
Automated Invoice Processing
Financial Reports Center
Transactional Business Intelligence
KPI’s, Dashboards - OBIA
Common Modules
In Progress
Workforce Lifecycle Management
Global HR
Compensation Management
Benefits
Talent Review
Performance & Goal Mgmt
Transactional Business Intelligence
Global Payroll Workforce Directory Mgmt
Distributed Order Orchestration
Global Order Promising
Inventory Management
Transactional Business Intelligence
Shipping & Receiving
Product Hub
iLearning
Procurement
Project Billing
Project Performance Reporting
Purchasing
Self-Service Procurement
Sourcing
Project Control
Project Integration Gateway
Transactional Business Intelligence
Procurement Contracts
Transactional Business Intelligence
Spend & Performance Analysis
KPI’s, Dashboards, OBIA
DCLink
KPI’s, Dashboards, OBIA
Supplier Portal
Advanced BI Time Line 2011 Q1
Lic.
Q2
Q3
2012 Q4
Q1
Q2
Finance Supply Chain
HCM
11
Q3
2013 Q4
Q1
Q2
Q3
2014 Q4
Q1
Q2
Cost Management
KPI’s, Dashboards, OBIA
DSI
Project Costing
Project Contracts
Product Master Data Management
KPI’s, Dashboards OBIA
Workforce Predictions
Project Portfolio Management
Supply Chain Management
Q3
Stabilize Wave
HCM
2015 Q4
Q1
Q2
Q3
Q4
Mobile Scanners
Printers
Why are you here today?
Plan to pay a premium
Business Case Don’t be too conservative
Partner Selection Due your due diligence
3rd Party Vendors Educate them on challenges
Project Team Strong Leadership
Change Management “This ain’t your fathers ERP system”
Yes It Can Indeed Be Done!!!
Seriously!!! You really can you close your books in Fusion Financials?
Evan Eakin VP of Information Technology
[email protected] 19
Markus Lonnquist Director – Product Manager iQube
[email protected] @mlonnquist
Thank you
