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MultiCorp is a multiprofile company with three units. Unit Alpha is a food manufacturing business, Unit Beta is a chain restaurant unit, and Unit Gamma

MultiCorp is a multiprofile company with three units. Unit Alpha is a food manufacturing business, Unit Beta is a chain restaurant unit, and Unit Gamma is a hotel chain business. Each entity operates independently and reports back to the corporate office. Recently the company has decided to standardize the financial data by implementing Oracle EMP cloud, SaaS. According to preliminary estimations, the expectation is that the time it would take to close the
consolidated financial statements can be reduced to six business days. The CEO and the IT governance committee are thrilled about the potentieir financial data using Oracle Enterprise Perfomance Management, Cloud version. al improvement that can be achieved. They have approved initiating the piloting process that will last for six months.
The CIO evaluated different Oracle Partners and hired FinTek Consulting to be in charge of the pilot. FinTek's portfolio of customers includes several organizations similar in size and operational structure to MultiCorp.
The initial assessment from FinTek Consulting discouraged using a standard chart of accounts given the lack of data and process standardization under which MultiCorp Operates. However, they believe that the current structure that cross- references the different charts of accounts can be configured in EPM Cloud. So,they will start by configuring Unit Gamma because it already uses an on-premise version of PeopleSoft, an Oracle ERP product. This setting makes it easy to configure the standard interface with EPM Cloud.
Further, Unit Alpha utilizes different instances of on-premises SAP Business One ERP, which has a module that consolidates all the financial information of Alpha. FinTek Consulting is sure that configuring the utility software to export financial data to EPM cloud will not be a problem.
Finally, unit Beta uses at least three different Point of Sale systems that interface with a proprietary Accounting system developed in-house. FinTek consulting knows they will have to create customized scripts to facilitate exporting the financial information into EPM Cloud. It may take them up to 6 weeks to complete the scripts that will enable the interfaces. From this perspective, they anticipate that the pilot will be able to complete 3 to 4 financial closings, which should be sufficient for MultiCorp to decide if EPM Cloud is a good fit. FinTek has also suggested that the pilot is limited to what is known as "thin ledger" which means that only summarized information will be consolidated. However, they indicate that in future iterations, a more detailed consolidation can take place ("thick ledger" integration), and that would open the possibility for more sophisticated near real-time performance indicators driven by the latest analytics.
The CEO of MultiCorp is also concerned with recent ransomware attacks that have been on the news. So she has explicitly expressed that MultiCorp must use the highest level of security and encryption for IT systems. MultiCorp's CIO has realized that they will have to migrate to a 256 encryption standard to cover data at rest and motion. He is also considering implementing dual-factor authentication within the next 12 months. The mandate for increased security will impact the databases that store financial information and the cloud infrastructure MultiCorp uses to backup data and host the email servers of the headquarters and business units.
Using a program like draw.io, draw a core diagram and a roadmap that would need to be implemented by MultiCorp.

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