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Planning, Budgeting and Forecasting Pitfalls to Avoid in 2015

Many companies struggle with creating effective, insightful budgets and forecasts. The existing processes for creating budgets and forecasts are often highly inefficient and outdated. Throughout my...

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Oracle Critical Patch Update Released | 169 fixes

Oracle recently released it’s January 2015 Critical Patch Update that includes 169 new security fixes across the following product groups: Oracle Database Oracle Fusion Middleware Oracle Fusion...

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Integrating HFM and Planning Multi-Currency Applications

I am often asked by clients and colleagues why Hyperion Financial Management and Hyperion Planning are so different.  It’s typically when they are struggling to build an interface between the two, and...

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Hyperion Corporate Tax Provision product overview & key benefits

Hyperion Tax Provision is a powerful tool that leverages HFM capabilities and functionalities to streamline the tax close processes and enhance tax automation. Let us introduce HTP to tax departments...

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Currency Translation in Hyperion Planning – A Custom Approach

It has become a common requirement in multi-national organizations to collect budgets and forecasts in local currency and expect automated currency translation as part of their Hyperion Planning...

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Using Planning and Budgeting Cloud Service Simplified Interface

“It looks so cool!” – That was my first impression of the Oracle Planning and Budgeting Cloud Service (PBCS) simplified interface. The standard interface has proven easy enough to navigate, but now the...

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What’s New for Oracle Hyperion DRM 11.1.2.4 – PBCS Integration

With the recent release of EPM suite 11.1.2.4, it’s no big surprise that Data Relationship Management (DRM) becomes an integration tool used with Planning and Budget Cloud Service (PBCS) as Oracle...

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Migrating On-Premises Planning Application to PBCS

  Are you currently thinking about migrating your existing on-premises Hyperion Planning application to the Cloud? Are you having reservations about what this process may entail? Well put your...

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5 Tips on Administering Applications in Oracle PBCS

Have you ever wondered how much time you really spend on routine Planning admin tasks? Sometimes, a little trick can save you a lot of time with administrative chores. Here are my 5 favorite tips that...

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Consolidating on-premise and public cloud data on Oracle BI Apps

With an increase in the adoption of cloud applications by large corporations, most organizations today are in some form of hybrid state i.e. they are using a combination of both on-premise as well as...

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Build a 360-Degree View of Customers with BICS

As businesses expand into new areas of marketing they’re adopting hybrid applications, both on-premises and cloud, to support their growing needs. But multiple applications silo customer information...

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Finance Transformation — What Does it Mean?

Finance Transformation has been a catchphrase in the enterprise performance management (EPM) industry for several years. But what does finance transformation mean exactly? From our perspective, it...

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Oracle Eloqua – 485 Release Highlights

Happy New Year!  Hope 2017 is off to a great start for you! Eloqua has a release coming in the next few weeks.  Breakdown of which PODs are when… POD2 is January 10th POD7 is January 13th POD6 is...

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Utilize the Improved Functionality of the Latest Version of HFM

A client in the manufacturing industry I was working with recently upgraded from Hyperion Financial Management (HFM) version 9.3 to 11.1.2.4. Their application design in V9.3 served their management...

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Caution: Promoting a Base Entity to a Parent Entity

Promoting a base entity to a parent entity in Hyperion Financial Management application should be avoided. Parent data are normally the summation of all the “Contribution Total” from its children....

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Oracle HFM Application Settings: Node Security

When building an HFM application, one of the application settings is Node Security which is either Parent or Entity. What is the difference between these two choices? Selecting “Entity” means that user...

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Success Story: Replace TM1 with HFM as Consolidation Tool

HFM/FDMEE have been successfully replacing spreadsheets to achieve efficiency and accuracy during month end close. It is rarely discussed that HFM/FDMEE have also successfully replaced other systems...

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3 Ways to Integrate Oracle ERP Cloud (OTBI) with DataSync (BICS)

Here are the blogs that I have posted previously as part of my blog series on Oracle DataSync (BICS). Best Practice to ETL with Data Sync (BICS) In this blog, I am going to talk about three different...

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Build a Home Server Lab on a Budget

For years, I have used either Oracle Virtual Box or VMWare Workstation for creating test servers so I could spend quality time with new versions of the Oracle EPM software.  This has required me to...

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How to Extract Data from Oracle Planning Budget Cloud (part two)

The first blog post in this series, How to Extract Data from Planning Budget Cloud Service (PBCS), covered data extraction using the native data export PBCS functionality. Continuing with this series,...

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