Enjoy the maximum efficiency of your budgeting and forecasting processes using a combination of Oracle Hyperion Planning & Microsoft Excel
Hyperion Planning – The No. 1 multidimensional solution preferred by clients in budgeting and forecasting process
Microsoft Excel – a great tool for analysing the planning data
Microsoft Excel is a great tool for analysis and modelling, however using only this tool for budgeting and forecasting proposes, you can experience serious limitations. The most common limitations are as follows:
Hyperion Planning users, from a common location called Workspace, can access actual data, input budget and forecast data, run reports based on their level of access, and can also perform tasks more complex such as running calculations or creating their own business rules. Hyperion Planning is an extremely flexible tool in that it can be customized according with the individual business requirements.
Some of the benefits that Hyperion Planning provides are:
By using Microsoft Excel with the advantages of Hyperion Planning, you can obtain the maximum efficiency of your financial processes.
Hyperion Planning responds perfectly in completing all administrative tasks of your financial process, it is a tool that can be considered new, being designed with modern concepts to respond to all financial needs. On the other side, because financial users have strong knowledge of Microsoft Excel, intensive training is required.
Because of this, the experts have been finding the solution to use Hyperion Planning and Microsoft Excel together, so the time spent in training is significantly reduced. For example, users can use Smart View, an add-in in Microsoft Excel, to upload budget data, drill down into ad-hoc grids to research year-over-year variances, or pull report data into excel for further calculations. Smart View combines the flexibility and familiarity of Microsoft Excel while taking advantage of all of the benefits that Hyperion Planning has to offer.
If you need more information on Oracle Hyperion Planning; or if would like to arrange a consultation, please feel free to email firstname.lastname@example.org or call us on 01 603 4300.