Blog | Oracle EPM & BI

Hyperion Infrastructure Worst Practices, Part 1: Planning and Essbase

February 23, 2017

You’ve probably read your fair share of “best practices” guides for maintaining Hyperion applications. But what about “worst practices”— the most common culprits of slowdowns and even crashes?

Below are six infrastructure mistakes we frequently see organizations make with their Planning and Essbase applications and easy ways to avoid them.

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Topics: Hyperion Planning, Infrastructure, Oracle Essbase

Inherit a Poorly Documented Hyperion Environment? Use This Checklist

February 10, 2017

No matter what Hyperion applications your organization uses, good documentation is integral to system performance. If you don’t have your environment properly documented in an administrator’s guide, inconsistent process execution will most likely cause your applications to run poorly — wreaking havoc on your end users’ experience and diminishing your system’s ROI.

It takes time to put together a properly thorough admin guide, but this level of detail is invaluable to have when your admin leaves or you’re facing a big project, like a migration to the cloud or a major enhancement.

Hyperion administrators are faced with a difficult task when they join an organization, especially when Hyperion applications are poorly documented. This blog post will give admins a starting point when they’ve been dealt a difficult hand.

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Topics: Managed Services, Hyperion Documentation

2017 Survey Results: Oracle Hyperion Support Needs

February 09, 2017

How do your Hyperion support needs compare to other organizations'? The results are in from our annual survey — learn what others have struggled with and how they're solving issues.

In this 2017 report, you'll see results from Hyperion customers and discover:

  • Common reasons why organizations need help supporting Hyperion

  • How these organizations have been able to cut costs and improve operations

  • The types of support that prove to be most valuable to Hyperion customers

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Topics: Managed Services

The Dos and Don'ts of Rolling Forecasts

January 17, 2017

Rolling forecasts present an appealing alternative to the annual budget process (assuming the benefits outweigh the challenges for your organization).

While traditional budgeting methods can often cause up to four budget recompilations every year — taking valuable time away from your finance staff — rolling forecasts ensure time isn’t wasted on inaccurate assumptions. Rather, rolling forecasts enable you to make adjustments based on corporate goals and changes within the marketplace. Always being able to look ahead will lend your organization flexibility that just isn’t attainable with the traditional annual budget.

So, how can you ensure success when you start using rolling forecasts?

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Topics: Hyperion Planning, Planning & Forecasting, Oracle Planning & Budgeting Cloud Service (PBCS), Rolling Forecasts

Should You Use Rolling Forecasts? Weighing the Pros & Cons

January 12, 2017

In an increasingly fast-paced business environment, has the traditional annual budgeting and forecasting process become an outdated model? The financial crisis of 2008 bared the shortfalls of making static assumptions months ahead of time: forecasts ended up worthless, and many companies had no process in place for reforecasting on the run. Since then, expectations for CFOs have changed drastically. Finance offices are expected to sift through unprecedented levels of information and reforecast quickly in response to market fluctuations.

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Topics: Hyperion Planning, Planning & Forecasting, Oracle Planning & Budgeting Cloud Service (PBCS), Rolling Forecasts

Resources for HFM Administrators: Top 10 Tools, Tips, and Tricks

January 09, 2017

As an HFM administrator, you’re tasked with maintenance of metadata, monitoring consolidation practices, managing data integration, and much more. A lot of responsibility rests on your shoulders. Because the success of your organization’s close process depends heavily on you, we’ve compiled our most popular downloads to help lift some of your burden.

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Topics: Hyperion Financial Management (HFM), Financial Close & Consolidation

The Top 10 EPM & BI Downloads of 2016

December 29, 2016

We had a big year producing tools, white papers, videos, and more so that you can get the most return from your EPM and BI investment. This blog post counts down our 10 most popular downloads.

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Topics: Hyperion Financial Management (HFM), Hyperion Planning, Oracle Essbase, Planning & Forecasting, Hyperion Data Relationship Management (DRM), Enterprise Performance Management (EPM), Data Integration, Oracle Planning & Budgeting Cloud Service (PBCS), Data Relationship Governance

DRM Best Practices: Versions, Hierarchies, Nodes, Properties, and More

December 20, 2016

Oracle Data Relationship Management is a commonly misunderstood tool. Our expert data governance consultants continually see the same mistakes due to inexperience with the application. The good news is these mistakes can be fixed and your practices can be modified.

In this blog post, we’ll look at best practices for different components of DRM, including:

  • Versions
  • Hierarchies
  • Nodes/Members
  • Properties
  • Queries & Validations

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Topics: Master Data Management (MDM), Data Relationship Governance, Oracle Data Relationship Management

3 Things to Know About Integrating Oracle DRM with Your Applications

December 13, 2016

If you think Oracle Data Relationship Management (DRM) can only integrate with Oracle Hyperion applications, then you probably don’t know the history of DRM. The tool was originally developed by an SAP shop with the goal of supporting hierarchy and hierarchy reference data for reporting.

We’ve already debunked myths about DRM’s functionality as well as DRM’s project costs and timeframes. In the third blog post of this series, we’ll talk about how DRM will integrate with your applications: using DRM with non-Oracle products, supporting a SaaS-based cloud architecture with DRM, and maintaining Oracle EPM products with DRM’s automated integration. 

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Topics: Master Data Management (MDM), Data Integration, Data Relationship Governance, Oracle Data Relationship Management

4 Myths About Oracle DRM’s Functionality

November 28, 2016

Those who have Oracle Data Relationship Management (DRM) often don’t realize the power of their solution and end up underutilizing the tool. Because DRM has been continually optimized over decades, many organizations are missing facts about DRM’s capabilities — facts that could be keeping them from a higher return on investment.

We’ve already debunked common myths around DRM’s project costs and timeframes. Now, in this second post in the series, we’ll take a closer look at DRM’s functionality and how to get more from the tool. These myths revolve around DRM use cases, mappings, workflows, and data cleansing.

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Topics: Hyperion Data Relationship Management (DRM), Master Data Management (MDM), Data Relationship Governance, Oracle Data Relationship Management

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