3 Predictive Cash Forecasting Task Overview for Controllers

Review the tasks you'll perform as a Controller for Predictive Cash Forecasting.

As a controller, you can review the cash forecast for multiple entities. In general, follow these steps to work as a Controller for Predictive Cash Forecasting:

  1. Set user variables. See Setting User Variables.
  2. Review the Summary dashboard. The Controller Summary dashboard displays the snapshot at the regional level in the entity hierarchy and allows for a view of the cash flows by each of the entities in the region. The KPIs for the Controller are at the regional level. You can drill in to specific entities from there.

    See Performing Daily and Periodic Cash Forecasting.

  3. Review the rolling forecast for cash inflows and cash outflows for different entities, and make adjustments as needed using the using the Rolling Forecast form. See Performing Daily and Periodic Cash Forecasting.
  4. After you make adjustments, you or your administrator must run rules to process and convert the data. You administrator must also run data maps to push the data to the reporting cube so you can see results on the Analysis dashboards.

    If you are working with multiple currencies, there are additional currency conversion and rollup rules and data maps to run.

    Rules to process the forecast:

    • Daily Process Actuals / Periodic Process Actuals.
    • Daily Process Forecast / Periodic Process Forecast
    • Daily Rollup / Periodic Rollup

    Rules to convert currency:

    • In the Daily cube (OEP_DCSH)—Daily Currency Translation to Entity Currency
    • In the Periodic cube (OEP_PCSH)—Periodic Currency Translation to Entity Currency
    • In the Daily cube (OEP_DCSH)—Daily Currency Translation to Reporting Currency
    • In the Periodic cube (OEP_PCSH)—Periodic Currency Translation to Reporting Currency
  5. Review analysis dashboards. From the Home page, click Analysis. See Analyzing Cash Forecasts.
  6. Review any reports your administrator created. From the Home page, click Reports, and then select a report.
  7. If your administrator set up IPM Insights, review any insights that have been generated. From the Home page, click IPM and then click Insights. For more information about working with insights, see Using IPM Insights to Inform Your Decision-Making in Working with Planning.

To get started, from the Home page, click Daily Cash Forecast or Periodic Cash Forecast, and then select a component from the vertical tabs:

Table 3-1 Controller Tasks

Task Perform These Tasks More Information
Summary Review the Summary dashboard. The Controller Summary dashboard displays the snapshot at the regional level in the entity hierarchy and allows for a view of the cash flows by each of the entities in the region. The KPIs for the Controller are at the regional level. You can drill in to specific entities from there. Performing Daily and Periodic Cash Forecasting
Rolling Forecast Review and adjust the forecast for cash inflows and cash outflows for different entities. Review actuals, the rolling forecast, and actuals versus daily/periodic forecast. You'll do most of your work from this form. Performing Daily and Periodic Cash Forecasting