Oracle Hyperion Profitability & Cost Management 11.1.2 Modeling (11.1.2.4) Course Overview

Certainly! To ensure that students are adequately prepared for the Oracle Hyperion Profitability & Cost Management 11.1.2 Modeling (11.1.2.4) course and can successfully engage with the content, the following prerequisites are recommended:

• Basic understanding of financial concepts and terminology, especially related to cost management and profitability analysis.
• Familiarity with general business processes within finance and accounting departments.
• Experience working with spreadsheets and data management tools, such as Microsoft Excel.
• Basic knowledge of multidimensional database concepts and data modeling is helpful but not required.
• Prior exposure to Oracle Hyperion tools or other Enterprise Performance Management (EPM) solutions can be beneficial, though newcomers to Hyperion will still be able to follow the course material.

These prerequisites are designed to provide a foundation that will help learners quickly acclimate to the course content and participate effectively in the training. No advanced technical skills or previous experience with Oracle Hyperion solutions are strictly required to begin this training.

Target Audience for Oracle Hyperion Profitability & Cost Management 11.1.2 Modeling (11.1.2.4)

The Oracle Hyperion Profitability & Cost Management 11.1.2 course is aimed at professionals seeking to manage and analyze financial data effectively.

• Financial Analysts
• Business Analysts
• Cost Accountants
• Finance Managers
• FP&A Professionals
• Hyperion Profitability and Cost Management Administrators
• IT Analysts supporting finance systems
• Performance Management Professionals
• Consultants specializing in financial performance management
• ERP Systems Analysts
• Business Intelligence Professionals
• Data Analysts with a focus on financial data

Learning Objectives - What you will Learn in this Oracle Hyperion Profitability & Cost Management 11.1.2 Modeling (11.1.2.4)?

Course Introduction

Gain mastery in designing and implementing cost models using Oracle Hyperion Profitability and Cost Management (HPCM) 11.1.2.4, encompassing key concepts, dimension management, and data analysis.

Learning Objectives and Outcomes

• Understand the core concepts and functionalities of Oracle Hyperion Profitability and Cost Management.
• Navigate and operate within standard profitability model environments effectively.
• Grasp essential Essbase concepts relevant to HPCM applications.
• Manage dimensions effectively using Performance Management Architect.
• Learn to load dimension metadata to build the foundation of HPCM models.
• Create and configure Standard Profitability Applications tailored to specific business needs.
• Set up and organize application dimensions to accurately reflect business structures.
• Deploy Standard Profitability Applications, ensuring they are ready for use.
• Construct a comprehensive model structure for Standard Profitability Applications, enabling detailed analysis.
• Input and manage data within models to reflect real-world financial information.
• Establish assignments within the application to allocate costs and revenues.
• Introduce and create drivers for precise and meaningful allocation of costs.
• Manage and understand the calculation scripts that drive allocations in HPCM.
• Analyze data using HPCM tools to derive insights and support decision-making.
• Work with Management Ledger Applications to handle more complex profitability models.
• Implement security measures and understand lifecycle management within HPCM environments.