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Posts Tagged ‘Hyperion Budgeting’

Hyperion EPM–How to Choose the Right Applications? Part 3

From my latest post (Post 2), we talked about starting the process to identify your needs, the importance of a partner and the value of planning ahead.  We will continue down that path in this post.  I’m trying not to spend too much time on gathering project requirements in these posts; however, they are a […]

Hyperion EPM–How to Choose the Right Applications? Part 2

From my earlier post (Post 1), we talked about what EPM is and how it can help organizations.  This post will focus on starting the process to determine what the organizational needs are.  This is the first step in determining which applications to select and implement.  If at all possible, do not buy your new […]

Hyperion EPM–How to Choose the Right Applications for Your Needs?

Constant pressure from shareholders and upper management to improve the bottom line are driving factors to business leaders searching for new ways to be more effective and efficient. One of the many tools available to them is Enterprise Performance Management. Broadly defined, Enterprise Performance Management (EPM) is managing the profitability and performance of your business […]

Workforce Budgeting via Oracle’s Public Sector Planning

Many public sector planning organizations struggle with common challenges during their planning and budgeting process. Inadequate tools for tracking expenses by Fund, Program, Project, or Activity Existing systems prone to mistakes No process control Fragile, easy to break Difficult to generate reports Oracle’s Hyperion Public Sector planning application is a great fit for preparing workforce […]

The Evolution of Healthcare Payment Systems

Terie McClintock, Director of Oracle Core at Perficient, recently wrote a blog on cost accounting and new reimbursement models: Costing systems need to be freed from the back room and become a relevant corner stone for preparing forecasts and capacity planning models that incorporate operational, statistical and financial data in one place to enable sound […]

Cost Accounting and New Reimbursement Models

The healthcare payment systems are evolving from simple pay-for-performance demonstration projects and never-event exclusions to Medicare value based purchasing, readmission restrictions, and bundled payments. Expenses also are under scrutiny and required accurate costing data. Costing systems need to be freed from the back room and become a relevant corner stone for preparing forecasts and capacity […]

Capacity Planning in Provider Organizations

Healthcare providers are getting pretty good at creating budgets and comparing financial results vs. budgets but just how realistic are these budgets in the first place? Too often enterprise budgets are created with limited insight into the operational data needed to create an accurate picture of the business drivers that affect the financials.   This is […]