Posts Tagged ‘EPM’

HEALTHCARE PERFORMANCE MANAGEMENT: A POWERFUL TOOL TO CREATE VISIBILITY AND ACCOUNTABILITY THROUGHOUT THE ORGANIZATION Healthcare enterprise performance management (EPM) is a technology-enabled business strategy that is helping to tackle the challenges of the transforming healthcare industry. EPM involves consolidating large amounts of data from various sources, querying and analyzing the data, and putting the results […]

It is no secret that the healthcare industry is in a state of transformation and for good reason. In a recent international study that compared 11 nations on healthcare quality, access, efficiency, and equity, the United States was ranked last among wealthy countries. In other words, in the United States healthcare outcomes do not align […]

Hierarchy groups providing a mechanism for managing hierarchies within DRM. In the simplest of terms, hierarchy groups are essentially folders of similar hierarchies. DRM administrators can create, modify, delete groups as needed. Below is an example of hierarchy groups from the hierarchy pane of the Browse task within DRM.

This is a follow-up to the Part 1, which can be found here. In the previous post, we examined the three major components directly impacting MDM, specifically enterprise dimensions. People, Process and Tools (PPT). We’ll now expand on those components and how DRM solves many of the challenges associated with PPT. To help simplify things […]

“The CPM suite market is shifting toward cloud-based solutions that deliver a shorter time to value and improved ease of use.” – Gartner If there’s any doubt that corporate performance management (AKA enterprise performance management, or EPM) has a future in the cloud, think again. Most of the buzz from industry and corporate events has […]

At a recent user conference, I was asked, “why do I need DRM in my organization?” A very interesting question with both a short and long answer. Let’s cover the short answer first… DRM (Data Relationship Management) provides organizations the ability to centralize the governance of enterprise dimensional master data while ensuring the data is […]

Over the last few years, we’ve learned that one of the greatest appeals of the move to the cloud is that the providers’ capital expenditures enable users to focus their budgets on operational expenses. After all, a standard on-premise approach can require you to purchase, install and maintain the software and hardware, while also spending […]

If you’ve attended a recent Oracle EPM conference, you are likely aware that Oracle Planning and Budgeting Cloud Service (PBCS) has been the most successful cloud launch in Oracle’s history. That success has been fueled by many factors, including perceived difficulties with the predecessor to PBCS, Hyperion Planning. As of this writing, Oracle claims over […]

The management reporting processes at various companies have significant limitations in meeting key expectations. Typical shortcomings are across three areas: * Impactful and timely reporting that forms the basis for proper decision making * Advanced analysis of the latest business metrics and future trends * Accurate business forecast to allow for effective planning This is […]

In today’s corporate America few executives and finance leaders fully grasp the benefits of developing an effective and streamlined corporate cost allocation process. Corporate allocations, when implemented correctly, can provide tremendous insights into the profitability of business segments, customers, and products. This knowledge can then help business unit leaders realign resources within the company, thereby […]

At this week’s Oracle Industry Connect, much of the buzz is coming from the healthcare sessions, under the theme of “Transforming Clinical Research and Clinical Care with Data-Driven Intelligence .… showcasing innovation and transformation of clinical R&D, value-based healthcare, and personalized medicine.” Oracle CEO Marc Hurd delivered Wednesday’s Keynote address. Among the experts in attendance […]

Financial Data Quality Management Enterprise Edition (FDMEE) is Oracle’s strategic product for integrating ERP systems with Oracle’s Hyperion EPM applications. It provides seamless integration of both master data and data between major ERP systems such as E-Business Suite, PeopleSoft GL, SAP and Hyperion EPM applications.  See the architecture diagram below:           […]