SAINT LOUIS (Oct. 22, 2018) – Perficient, Inc. (NASDAQ: PRFT) (“Perficient”), the leading digital transformation consulting firm serving Global 2000® and other large enterprise customers throughout North America, today announced it will showcase its expertise in implementing a driver-based rolling forecast model utilizing the Oracle Hyperion Planning application during Oracle OpenWorld 2018, held Oct. 22-25, in San Francisco.
In the customer case study session “Implementing Driver-Based Rolling Forecasts” Perficient will demonstrate how a top cancer research center transformed a traditional annual operating budget process to a more forward-looking driver-based rolling forecast process. Specifically, the team will review details of the Oracle Hyperion Planning solution design that supports rolling forecast, target setting at higher levels, and bottoms-up annual operating budgets.
“We’ve entered a ‘new’ era within the healthcare industry, one that presents an opportunity for healthcare organizations to revolutionize how they operate, and requires they rethink their approach to budgeting and revenue forecasting in order to achieve their strategic goals,” said Santhosh Nair, general manager of Perficient’s Oracle EPM practice. “In optimizing business systems, processes and technologies utilizing Oracle’s leading EPM Hyperion solution, we helped a leading healthcare organization transform its operational performance, leading to improved revenue models and forward-looking capabilities yielding a more productive workforce.”
Details of Perficient’s demonstration on driver-based rolling forecasts as part of the Real Stories, Real Customers session agenda at Oracle OpenWorld include:
Session Title: Implementing Driver-Based Rolling Forecasts
Session ID: CAS1324
Date: Tuesday October 23, 3:45-4:30 p.m. PDT
Speaker: Nandini Nehru, Senior Solutions Architect, Perficient
Location: Park Central (Floor 3) - Stanford
“There has been a radical shift in the industry where more healthcare providers are now asking for driver-based planning solutions,” said Nandini Nehru, Perficient’s senior solutions architect and the lead designer on the project. “As a result of our unique solution, the cancer center has been able to build targets for budgets, utilize drivers for a calculated rolling forecast and better analyze the relations between different departments.”
Connect with Perficient at Oracle OpenWorld 2018
In addition to its speaking presentation, Perficient’s subject matter experts and thought leaders will be available in booth #3100 to discuss how companies can implement Enterprise Performance Management (EPM), Enterprise Resource Planning (ERP), and Business Intelligence and Analytics (BI), to drive end-to-end digital transformations for their businesses.
In addition, Perficient will host in-booth sessions scheduled throughout the day on innovative cloud technologies delivered by its ERP, EPM and BI teams on the following topics:
“Year after year, Oracle OpenWorld proves to be an instrumental event to connect face-to-face with business decision-makers, IT management, and end users seeking cloud-based solutions for their business needs," said Tom Munley, vice president of strategy, business transformation and application consulting at Perficient. "Perficient continues to grow its experience and expertise in Oracle software-as-a-service (SaaS) and platform-as-a-service (PaaS) solutions. Our mini-theater presentations held this year further highlight our multi-pillar expertise in Oracle Cloud, and we look forward to connecting with attendees to explore future applications and innovations.”
Perficient, an Oracle Platinum Partner serving clients for nearly 20 years, provides its clients digital experience, business optimization and industry solutions and support. Perficient’s Oracle consultants are certified to deliver the official Oracle course curriculum to customers via onsite training classes. The firm owns and operates an Oracle Approved Education Center in partnership with Oracle University.
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Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2018. Those statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on management’s current intent, belief, expectations, estimates, and projections regarding our company and our industry. You should be aware that those statements only reflect our predictions. Actual events or results may differ substantially. Important factors that could cause our actual results to be materially different from the forward-looking statements include (but are not limited to) those disclosed under the heading “Risk Factors” in our annual report on Form 10-K for the year ended December 31, 2017.