Saturday, August 3, 2013

Basics of Hyperion Planning

          Oracle’s EPM System is a complete, open and integrated system that supports a broad range of analytic requirements.  It includes three layers of capabilities – Information Delivery, EPM and BI Applications and a common Business Intelligence Foundation.

          First is the Information Delivery Layer – this provides a complete set of information delivery and access capabilities – designed to address the needs of different types of users in an organization.  This includes interactive dashboards for execs and managers, ad-hoc analysis tools for power users, MS Office interface for Finance users, pixel-perfect reports and mobile support for casual users and others.

          Our EPM and BI Applications layer includes an integrated suite of market-leading performance management applications.  Based on the Hyperion suite, our PM Applications address key strategic and financial performance management processes including Strategy Management, Planning & Forecasting, Financial Close & Reporting, and Profitability Management.  It also includes integrated BI applications that can help users analyze data from ERP and CRM applications and also support specific industry requirements.

Hyperion Planning has the following characteristics: 

Pervasive
       It enables all levels of your organization to see information optimized for their role.
Comprehensive
       It incorporates information from your financial performance management, operational intelligence, and transactional applications.
Hot-pluggable
       It integrates with any data source, extraction, transformation and load tool, major business application, application server, security infrastructure, portal technology, front-end and analytical tools, and database.

Planning Features
        The following are the some of the features of planning.
Facilitates collaboration, communication, and control across multi-divisional global enterprises.
Provides ease of use and deployment through the Web or Oracle Hyperion Smart View.
Lowers the total cost of ownership.
Enhances decision-making.
Promotes modeling with complex business rules and allocations.
Integrates with other systems to load data.

Integrates with reporting applications for reporting and analysis.

Workspace Overview: 
         Workspace provides a centralized interface for viewing and interacting with content created using Hyperion financial applications, such as planning and financial management, and reporting content.

Benefits of using Workspace: 
  • Single user logon to access both reporting and analysis content and planning.
  • Single console for application management and creation.
  • Centralized repository of key dimensional element for Hyperion products and console for controlling data flow between applications.
  • Audit logging and process controls.
  • Using workspace we can perform following tasks like build and manage applications.
  • Manage data sources and manage metadata and data.
  • Perform planning and consolidation application tasks, create rules with calculation manger.
  • Conduct high-performance multidimensional modeling, analysis and reporting with Essbase.
  • Use interactive reporting to generate ad hoc relational queries, self-service reports, and dashboards against ODBC data sources.
  • Access and interact with other published content, like word or excel documents.
  • Migrate entire applications or individual application artifacts to different servers.
  • Launching workspace is done through entering the following URL in your web browser.
http://<web server> :< port number>/workspace.

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