Hyperion Profitability and Cost Management
Oracle Hyperion Profitability and Cost Management software is a performance management programme that is part of Oracle’s enterprise performance management (EPM) system that gives actionable insights into expenses and profitability.
Profitability and Cost Management has been changed as Oracle Enterprise Profitability and Cost Management.
It is a piece of analytical software that controls the cost and revenue distributions required to determine the profitability of a certain business segment, such as a product, client, region, or branch.
Features:
- Business user-driven profitability modeling
- Flexible allocation platform
- Traceability maps
- Business rules engine
- Model validation reporting
- Hierarchy and dimension management
- Multi-dimensional calculations
- Detailed cost and profitability calculations
- Powerful analysis and reporting
- Integration with other performance management applications
- No hardware or IT investments
- Best-practice, business-owned framework for complex distribution rules.
- Automated data acquisition and allocation
- Unparalleled transparency for each step of allocation calculation
- Elimination of the “black box” effect with user-defined distribution rules
- Part of Oracle EPM Cloud platform (depending on license) and integrated with other source finance systems
- Predefined analyses (profit curve, scatter diagram, etc.)
- Configurable dashboards and reports
- Microsoft Office add-in, Smart View for ad-hoc analysis and Excel-based interactions
- Benefits:
- Significant reduction in manual effort
- Identify sources and attributes of profitability with multidimensional analysis
- Accurately allocate costs with a flexible
- Allocation engine that supports any methodology
- Gain confidence in cost allocations and revenue flows with graphical traceability maps
- Strategically allocate resources with accurate profitability and cost information
- Improve marketing programs through customer segmentation