Hyperion Planning is the primary input application for the consolidated budgeting and financial reporting and analytic application. Hyperion Planning utilizes a best-in-class workflow along with web-based input forms to guide users through the input and evaluation of their budget submissions. What-if scenarios are calculated in "real-time" when the forms are saved so that users are able to see the impact of both positive and negative changes to the input drivers. Elements for funding and expenses are broken down according to the most logical steps but consolidated by the system automatically for evaluation both prior to submission by users and after submission for evaluation and approval. All data is stored in Essbase and combined with actuals where the system does all variance calculations automatically.
Long-Range Planning
Strategic plans and long-range plans are the roadmaps to the future for high-performance organizations. Percentix specializes in the development and integration of strategic and long-range plans. They keys to having effective strategic and long-range plans include:
- An organizationally aligned and action-oriented mission statement
- Strategic goals that are both quantifiable and have executive sponsorship
- Achievable checkpoints, milestones and timelines
Annual Budgeting and Forecasting
Budgeting, planning and forecasting provide the short-term goals that allow an organization to achieve long-term success. Having an annual plan that captures your short-term goals and can be tracked against your actual results sounds easy, but takes many organizations months to complete. Percentix can help your organization align the people, process and tools used in budgeting and planning so your organization spends its time achieving your organization's goals, not working overtime trying to determine what those goals are. Percentix specializes in:
- Annual budgeting and planning
- Periodic and rolling forecasts
Click here to learn more about the Hyperion Planning technology.