Profitability Management Solutions
GoLive’s consultants have extensive experience in the deployment of in the end-to-end development and deployment of Oracle’s HPCM. Our expert team will work with you to develop a roadmap and deploy your HPCM solution.
Oracle Hyperion Profitability and Cost Management (HPCM) software is a new performance management application that is part of Oracle’s enterprise performance management (EPM) system, which provides actionable insights into costs and profitability. This solution drives business performance by discovering drivers of cost and profitability, empowering users with visibility and flexibility while improving resource alignment.
Unlike traditional activity-based costing applications, Oracle Hyperion Profitability and Cost Management offer a flexible allocations platform for any method including ABC, time estimation, etc. The application also supports both cost and revenue management. Included are traceability maps and audit trail capabilities that provide unique transparency and ease of use. Oracle Hyperion Profitability and Cost Management is the only packaged profitability application that leverages Oracle Essbase Plus, the industry’s leading OLAP (Online Analytical Processing) server, for faster easier and more powerful multidimensional analysis. Unlike nonintegrated EPM suite vendors, Oracle Hyperion Profitability and Cost Management share a common foundation and are integrated with the other Hyperion performance management applications. This enables a single point of maintenance for reduced cost of administration and ownership versus a non-integrated point solutions.