Connecting the Value of IT: A Disciplined Solution for Service Costing and Chargeback

EPM, Hyperion, Oracle Hyperion, Oracle Profitability & Cost Management Cloud S, PCMCS, Uncategorized, Internal Technology, IT, Technology

This post corresponds to the webinar “Connecting the Value of IT: A Disciplined Solution for Service Costing and Chargeback,” the last in our “Let Your Profitability Soar” webinar series. You can access the recording here.

Full Circle Planning, Cost Management, & Profitability in the Manufacturing Industry

EPM, Hyperion, Hyperion Profitability and Cost Management, Oracle, Oracle Hyperion, Oracle Profitability & Cost Management Cloud S, PCMCS, Performance Tools, Uncategorized, manufacturing, profitability

This post corresponds to the webinar “Full Circle Planning, Cost Management & Profitability in the Manufacturing Industry.” You can access the recording here.

As we are all aware, today’s manufacturing industry faces multiple ongoing challenges, including:

Process Simplification – Migrating from HPCM Standard Profitability to Management Ledger

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

With the introduction of Hyperion Profitability and Cost Management (HPCM), many organizations have recognized the power of this breakthrough solution to build sophisticated and powerful cost models. As such, HPCM has been successfully in use for several years, and in numerous cases, its use has been expanded.

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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