Hyperion Planning – Optimize your planning and budgeting process
Enterprise alignment is challenging to achieve in financial plans due to disconnect between the office of finance and sales and operational business units. Financial planning and forecasting often ends up being a resource and time consuming process of gathering information spread across a multitude of disconnected spreadsheets or point solutions used by the office of finance and various sales and operational business units.
Oracle Hyperion Planning provides the required agility to the enterprise planning process by quickly aligning financial plans, models and forecasts across cost centers and lines of business thus enabling decisions to be made at a speed which business demands. The impact of changes to key plan drivers and assumptions can be evaluated instantaneously, and revisions made available immediately to all stakeholders without the reliability risks from manual interventions.
Oracle Hyperion Planning has built in time intelligence and allocation logic and comes with a powerful calculation engine that can be used to express a range of business requirements, from simple arithmetic formulae to complex allocations.
Oracle Hyperion Planning offers guided task flows and supports both bottom-up and top-down agile planning processes. Its robust workflow capabilities support efficient review and approval processes.
Higher planning accuracy through rolling forecast
Companies today are faced with a rapidly changing business environment. Constantly changing market dynamics can bring in demand, supply and price fluctuations that require decisions based on alternate outcomes. A key need to make informed decisions in such a market is to be able to understand the financial impact of key business drivers and revise forecasts reliably and quickly.
Oracle Hyperion Planning provides sophisticated predictive planning capabilities that can generate reliable statistical predictions based on time series data over long periods of history while capturing seasonality impacts along the way thus enabling forecasts to be more reliable. Oracle Hyperion Planning also provides on the fly what if modelling capabilities for planners to assess the impact of various combinations of business assumptions on key financial outcomes. To facilitate planners’ ability to revise business and market impacts on forecasts quickly, Oracle Hyperion Planning comes out of the box with rolling forecast capabilities that makes the whole planning process even more agile from the get go.