What is Oracle Hyperion Planning ?
Oracle's Hyperion Planning
is a web driven Planning and Budgeting tool that utilizes
as the data storage and calculation engine. By leveraging Essbase's multidimensional data model as well as standard relational database management platforms,
Planning provides a powerful tool for forecasts, budgeting, reporting, and analysis. The Essbase portion of the application gives Hyperion Planning the calculation power to handle
, allocations and complicated revenue recognition planning. The relational repository allows Planning to collect textual information critical to a coordinated understanding of the budget. Hyperion Planning
contains process flow management and process guidance for end users. While Hyperion Planning is a web software application, it also has an add-in with Microsoft Office (called
) which allows users to forecast or budget in Microsoft Excel, an environment comfortable to most finance users.
Hyperion Planning is part of
Oracle's Hyperion EPM
software suite and is often utilized with
Hyperion Financial Reports and Web Analysis
to enhance the analytic value inherent in its underlying use of Essbase.
has two additional add-in modules; Workforce Planning and CapEx Planning that can be purchased along with Planning.
Key features of Oracle's Hyperion Planning:
Multi-dimensional / multi user planning with a powerful business rules engine
Flexible workflow and plan management capabilities
Comprehensive Microsoft Office integration
Easy to use Web interface
Seamless creation of reports and dashboards
Proven and scalable architecture.
Robust integration with ERP systems and other sources
Full set of administrative tools for application management
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