Widget Inc.’s Chief Financial Officer, along with the company’s controller, and other members of the financial staff were presented with a dilemma. It took the financial team too long to provide Widget’s president with the company’s operating results when he wanted the results. In short, they were budgeting, planning and forecasting report challenged! The president needed the reports in a timely fashion to make key, important business decisions. As the team discussed how to resolve the issue, Willy Loman was strolling past the conference room in which they were meeting.
“Hey Loman,” the CFO said. “Come on in here, you seem to have a handle on Oracle’s business planning solutions, give us your input regarding what Oracle solution best meets our need.” It was Willy’s chance to shine once again. His decision to move forward with Oracle’s CX products helped increase revenue production for the company and established him as the Oracle expert at Widget
“I know exactly what you and the team needs! Have you taken a look at Oracle Hyperion Planning?” Mr. Loman said.
“No we haven’t Willy, tell us everything that you know about the solution.” Loman jumped right in and told the financial team all that he knew about the powerful planning too. Here is what he shared:
Oracle Hyperion Planning is a centralized, Excel and Web-based planning, budgeting and forecasting solution that integrates financial and operational planning processes and improves business predictability. Oracle Hyperion Planning provides an in-depth look at business operations and its related impact on financials, by tightly integrating financial and operational planning models. With Oracle Hyperion Planning you can meet your immediate financial planning needs while enabling a platform for future cross-functional expansion and automated process integration.
And, Willy mentioned, Oracle Hyperion Planning is also available as a subscription service in the Oracle Cloud – Oracle Planning and Budgeting Cloud Service.
“What are the benefit’s of Hyperion Planning?”, the CFO wanted to know.
“The main benefits include these,” Willy said.
- Ensuring 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 operations-specific 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
- Deploy quickly—with no internal IT hardware or software requirements with cloud-based deployment model
“I’m sold Mr. Loman!” Willy turned to see who was talking, it was the president of Widget. “I liked what I’ve been hearing and I’m confident that Oracle’s Hyperion Planning solution will provide me what I need to make better business decisions in a fast, efficient manner! Get it ordered and have Perficient implement it, Mr. Loman. I hear that Perficient is best Oracle consulting firm in the country!”
“I will make it so, consider it done,” Willy said.
