The need to know where the business is profitable- and where it’s not- is no longer a quarterly or monthly exercise. Finance organizations need daily, accurate insight into the cost and profitability of customers and products in order to identify the true cost and profit drivers. An effective cost and profitability system can help you answer these questions today and improve your performance tomorrow.
If your organization depends on an Excel-based allocation model and requires business unit P&L reporting, regulatory compliance for Cost Accounting, and cost documentation for rate approvals, or wants to distribute Shared Services or IT costs to consumers, view this webinar and learn how:
- Oracle Hyperion Profitability and Cost Management (HPCM) application provides the ability to accurately allocate revenues and costs with detailed documentation and audit trails
- HPCM tightly integrates with the full Hyperion EPM suite and provides a model driven approach, meeting Essbase’s analytical engine
- The user interface provides a graphical process to define stages, steps and drivers for each allocation and assignment
- The business-user environment supports ‘what-if’ capabilities and provides pre-built model validation reporting
Plus, hear about the POV Manager, Model Validation, Stage Balancing, as well as Traceability Maps that provide visual tracing of cost and revenue assignments from source to ultimate cost objects.