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.
In response to companies looking for more decentralized services with less IT overhead, Oracle has launched the Planning and Budgeting Cloud Service (PBCS). PBCS is a hosted version of the Oracle Hyperion Planning and Data Management/Integration (FDMEE) tools with a particular focus on a completely online-based interface. For additional information on PBCS, please click HERE.
There are times when you do not have an option of using FDM to do large data mapping exercises prior to loading data into Essbase. There are many techniques for handling large amounts of data mappings in Essbase, I have used the technique oultined here several times for large mappings and it continues to exceed my expectations from a performance and repeatability perspective.
126.96.36.199., Edgewater Ranzal, EPM, forecasting, HSF, Hyperion, Hyperion Strategic Finance, Integrated Planning, Modeling, Oracle, Oracle Hyperion, Planning & Essbase, Ranzal blog, Roadmap, Smart View, Strategic Finance
Welcome to the first installment of our new Hyperion Strategic Finance (HSF) blog series. Edgewater Ranzal’s HSF team has been working closely with Ranzal’s other Hyperion practices (HFM, FDM, Planning/Essbase etc.) to hone in on how HSF can be utilized to its full potential in accordance with the other product offerings. As part of that process we felt it was important to start a dialogue (blog) to share some of our insights on various topics ranging from new product release info to cutting edge integration best practices. We are hoping this series will be a good resource for you and your organization on your HSF journey.
I'm please to announce that Ranzal UK consultants are presenting papers on both days of the UKOUG Hyperion conference this year. The conference takes place on October 23rd & 24th at the Park Plaza hotel in central London.
A couple of recent projects have required us to build an Essbase database to provide a subset of upstream system data for downstream consumer systems such as Hyperion Profitability and Cost Management (HPCM). The process included dimension updates, data loads and custom calculations. Essabase Aggregate Storate Option (ASO) was the chosen Essbase technology because we were potentially dealing with large data volumes, relatively simple hierarchy structures, and only a small number of custom calculations that could be easily modeled in MDX within minimal performance impact.