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    An Introduction of Hyperion Planning

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    Abhi Makineni
    Hyperion Planning is a budgeting and forecasting application that allows for collaborative planning across an organization. It integrates financial and operational planning, supports advanced modeling, and streamlines the planning process. The application architecture includes a client tier for data entry and administration, a middle tier of application servers, and a database tier storing application definitions and analytics data.

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    An Introduction of Hyperion Planning

    Uploaded by

    Abhi Makineni
    58 views4 pages
    Hyperion Planning is a budgeting and forecasting application that allows for collaborative planning across an organization. It integrates financial and operational planning, supports advanced modeling, and streamlines the planning process. The application architecture includes a client tier for data entry and administration, a middle tier of application servers, and a database tier storing application definitions and analytics data.

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    Hyperion Planning is a budgeting and forecasting application that allows for collaborative planning across an organization. It integrates financial and operational planning, supports advanced modeling, and streamlines the planning process. The application architecture includes a client tier for data entry and administration, a middle tier of application servers, and a database tier storing application definitions and analytics data.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    58 views4 pages

    An Introduction of Hyperion Planning

    Uploaded by

    Abhi Makineni
    Hyperion Planning is a budgeting and forecasting application that allows for collaborative planning across an organization. It integrates financial and operational planning, supports advanced modeling, and streamlines the planning process. The application architecture includes a client tier for data entry and administration, a middle tier of application servers, and a database tier storing application definitions and analytics data.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    An Introduction of Hyperion Planning Hyperion Planning is a Budgeting and Forecasting Application that drives collaborative, event based planning

    processes throughout the organization for a wide range of Financial and Operational Needs. What is Planning/Budgeting/Forecasting? Planning : Planning is one of the most important project management and time management techniques. Planning is preparing a sequence of action steps to achieve some specific goal. If you do it effectively, you can reduce much the necessary time and effort of achieving the goal.

    Budgeting : A budget is a quantified, planned force of action for definitive time period. It is an attempt to estimate input and cause of inputs along with associated outputs and the revenue from the output. Why Budget is needed? Creating a budget is an important because  It forces an organization to carefully consider the expected demands for its products and services and the resources required to meet the demand. Translates the organizations high priorities into the appropriate resources required to achieve those priorities.  Highlights the potential problems in sufficient time to take corrective action.  Creates a base line against which actual results can be compared. Benefits of Business Planning Ensure accuracy Validate forecasts with integrated, best-in-class analytics Reduce budgeting time Improve cycles by weeks or months Align the organization Combine financial and operational planning in one system Address finance needs quickly Meet immediate finance needs while enabling operationsspecific budgeting processes Maximize modeling capabilities Support advanced, power user modeling capabilities with nearly seamless Microsoft Excel integration Gain mass user acceptance Appeal to a wider user community through a simplified Web interface Reduce implementation time Add quick-to-implement, packaged functional planning modules

    Integrate planning processes in one centralized Web-based application. Align individual, department and business unit plans with company objectives. Cut budgeting and planning cycles by weeks or months and reduce total cost of the process. Plan and reallocate budgets and resources continuously, based on material web demo. Increase user participation with frequent, real-time updates.

    Planning Cycle Analysis of Opportunity : Analyze the need of planning Identify the Aim : Final result of planning Explore the Option : List all the possible options Selection of Best Option : Identify the cost, efficiency of each plan and choose the best. Detailed Planning : Planed in detail manner and identify the its all phases Planned Evolution : Test the plan and find business matrix. Planned Implement : Execution of plan by various level by different group of planners. Closure of Plan : Once plan is approved close it. Revise Plan/Feedback : Take a feedback

    Hyperion Planning Architecture

    Client Tier: The client tier consists of a planning web client and a windows desktop client that administrators use to perform some administrative tasks. you user client tier to enter data, perform process management, manage metadata, manage users and security, lunch business rules, copy versions, develop data forms, and perform other administrative tasks. Middle Tier: The Middle tier consists of the Planning (Windows-bases) server, a planning Java Application server, an Essbase Administration Services Java Application server; and, the Shared services and License server. Database tier:The database tier consists of a third-party relational database management system (RDBMS) and Hyperion System 9 BI+ Essbase analytics. The relational database is used primarily to store the application s definition. The following information is stored in the RDBMS.

    Hyperion Planning Hyperion planning is a web-based budgeting, forecasting and planning application solutions which provides planning processes for the entire business to fulfill financial and operational needs.

    Shared Services Shared Services user management enables centralized management of Hyperion products (Hyperion Analytics Services, Hyperion Planning, Hyperion Financial Management etc.) Using user management system administrators group applications into projects, and then provision users and groups with roles and access rights for applications.

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