Appealing Benefits and Engaging features of Oracle Hyperion Planning

Oracle Hyperion Planning is a web-based solution owned and developed by Microsoft that is used for planning, budgeting and forecasting so as to put together financial and operational planning processes and develop business predictability. Oracle Hyperion Planning provides a deep insight into the different business operations and its impact on the financial resources of the organization by integrating financial and planning models. There is also a planning application exclusively built for the public sector and healthcare industries for planning, budgeting and publication purposes known as Oracle Hyperion Public Sector Planning and budgeting.

With the use of Oracle Hyperion Planning, businesses have been benefited in a number of ways:

• Reducing planning, budgeting and forecasting cycles by weeks or months.
• Enhancing accuracy of plans and forecasts
• Eliminating time lag between creating plans and submitting reports.
• Reduction in cost by implementing superior techniques and management tools
• Laying foundation for transition to Enterprise Business Planning

The latest version of Oracle Hyperion Planning is Oracle Hyperion Planning V.11.1.2.3 has come with a host of new features:

• Enhanced Process Management
• Conditional Formatting
• Brand new Web Form Designer
• Enhancements in Web Form Data Entry
• Member Selector Changes
• Smart View Enhancements
• Ad Hoc Data Entry forms on the Web

Oracle Hyperion Certification

There are several Oracle Hyperion Planning Certifications devised to suit the requirements of various professionals. The Oracle Hyperion Planning 11g Essentials Exam (1Z0-533) is designed for professionals who have the expertise to apply solutions based on Oracle Hyperion Financial Management. This certification tests an individual’s skill in creating planning applications, loading data, defining forms, setting up account hierarchies and managing security. On qualifying this examination, professionals will be known as OPN Certified Specialists. Oracle Hyperion Certification gives employees an edge over others and a professional boost to their career. The other Oracle Hyperion Certifications include:

• Hyperion System 9BI+9.0 Administrator Certified Expert
• Hyperion Planning 4.1 Implementation Consultant Certified Expert
• Hyperion Planning 9.3 Applications Administrator Certified Expert
• Hyperion Financial Management 4.1 Applications Administrator Certified Expert

In order to qualify these exams and obtain the required certifications candidates should resort to Oracle Application Training. There are various Oracle Hyperion Planning Training Institutes offering comprehensive courses which include:

• Introduction to Planning
• Navigating EPM Workspace
• Applications and Dimensions
• Creating Applications in Planning Administration
• Managing Dimensions
• Setting up currencies, years and periods
• Scenarios and versions
• Setting up entity and Account Dimensions
• Loading Data
• Creating User-defined elements
• Setting up Exchange Rates
• Planning Security
• Creating and enhancing forms
• Analyzing Data
• Managing Business Rules
• Managing Approval Process
• Creating Task List