Automating Enterprise Planning with EPBCS: A Case Study Featuring Sims Metal Management

Cloud Services, Enterprise Performance Management, Oracle, Performance Tools, Planning & Essbase, Enterprise Planning & Budgeting Cloud Service

In using Enterprise Planning & Budgeting Cloud Service (EPBCS) to support annual budgeting and forecasting processes, organizations are choosing solutions that allow them to leverage the financials, projects, capital and workforce business processes necessary to provide a driver-based solution that links expected intake to revenues and costs. In turn, they are able to more efficiently produce integrated income statements, balance sheets and cash flow statements.

Accelerate Your Ride to the Cloud: Extending ERP with Oracle Profitability & Cost Management Cloud Service (PCMCS) for Standard Cost Rate Development

Cloud Services, EPM, Hyperion, Oracle, Oracle EPM, Oracle Hyperion, Oracle Profitability & Cost Management Cloud S, PCMCS, Uncategorized

A common need among manufacturing organizations is improvement in the process of developing annual labor and overhead standards to use as input into standard cost rates for product cost and inventory valuation. In spite of the investments that have been made in ERP solutions, it is typically an offline Excel-based exercise that is required to take historical data from the ERP to determine the updated direct labor rate & overhead rate components of a product standard cost for an upcoming fiscal year.  The release of Oracle Profitability and Cost Management-Cloud Service (PCMCS) in October 2016 provides a unique opportunity for manufacturers to ease, streamline and document the process of generating the cost-per-direct labor hour or cost-per-machine-hour rates that are requisite in standard costing.

About Edgewater Ranzal

Edgewater Ranzal is an integrated Business Analytics solution provider deeply rooted in Enterprise Performance Management (EPM). Coupled with our Business Intelligence (BI) and Big Data (BD) expertise, we provide holistic solutions that help organizations define, measure, and innovate their business, provide a clear vision, and drive business value.

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