Oracle’s Planning and Budgeting Cloud Service (PBCS) is the cloud-based successor to Hyperion Planning, the industry-leading budgeting and forecasting software application. PBCS was one of the first Hyperion EPM solutions Oracle brought into the cloud in early 2014, and since then Oracle has quickly launched cloud versions of other applications in the Hyperion suite. In its earliest iterations, PBCS didn’t offer all the functionality of Hyperion Planning and it wasn’t much easier to  Read more ▸
Predictive Analytics is an emerging field of technology and already being applied in business.   Advanced algorithms are being combined with increasing computer power to find trends and relationships in data in order to automatically predict what’s likely to happen in the future. Even CFOs and their FP&A teams are becoming fascinated with the possibilities of applying Predictive Analytics to make the naturally uncertain tasks of forecasting and planning more certain, as well  Read more ▸
In an earlier article, I explained how resistance to change can doom a Business Intelligence (BI) or Enterprise Performance Management (EPM) solution implementation. Fear of change can come out of any corner to reduce the efficiency of the project effort or severely limit adoption of the solution, diminishing your return on investment. How can you improve the chances your team will engage in the effort and embrace a new way of doing things?  Read more ▸
Multiple challenges make project planning, management and reporting difficult. Many of these challenges arise from the multi-disciplinary nature of projects – different departments need to share expense and capital budgets, and people from different functions need to be assigned in a timely way. Can project headcount and costs be planned, and actual results measured, in a way that drives efficiency and accountability?  We helped the IT Project Management Office (PMO) of our client, a top-50  Read more ▸
At last week’s ODTUG Kscope17 conference in San Antonio I focused on learning more about the new cloud version of Oracle Essbase, and even got a little hands-on time with it.  Oracle launched the much-anticipated Essbase Cloud Service just a few months ago in March 2017, marking a turning point in the 25-year history of this industry-leading analytic application. You can’t buy Essbase Cloud Service alone – it’s sold as Oracle Analytics Cloud (OAC)  Read more ▸
Was your organization’s last Business Intelligence (BI) or Enterprise Performance Management (EPM) solution implementation received with enthusiastic acceptance or with a wall of resistance? BI and EPM are meant to be transformative, and that also means disruptive in some way. People will need to leave something behind and make an effort to learn a new software or get used to a new way of doing their work. To the extent a new solution  Read more ▸
Our client, a global entertainment company, has business units spanning film and TV production to computer games and amusement parks. One of our projects there was implementation of a planning solution for their computer game business. A particular goal was to improve the analysis and forecasting of spending on development of each new game through the end of its production phase. Challenges Our client was dealing with challenges typical of a spreadsheet-based process. Finance  Read more ▸
In the quest to grow the top line (and hopefully, by extension, the bottom line), companies spend significant effort and money to acquire new customers, and then to convince those customers to buy more. But is the marketing and sales budget spent on this quest mostly wasted, or actually delivering value in the long term? From the distant past I remember my days in FP&A at a certain tech company, when the only  Read more ▸