INFORMATION INDEPTH NEWSLETTER
Enterprise Performance Management and
Business Intelligence Edition
Oracle Corp
February 2012 Stay Connected: TwitterFacebookLinked InYoutube
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Oracle Hyperion Planning Customers Speed Planning and Budgeting Processes 17 Percent, Reduce Process Iterations 31 Percent

According to preliminary results from the latest Oracle EPM customer information panel (CIP) study, 92 percent of respondents are receiving "significant" benefits from using Oracle Hyperion Planning—with 57 percent seeing benefits less than two months after implementation.

Other findings include
  • 17 percent reduction in the time spent on annual planning and budgeting processes
  • 31 percent reduction in the number of iterations necessary to complete annual planning and budgeting
  • 14 percent increase in forecast accuracy, from 69 percent accurate to 83 percent accurate
  • 31 percent decrease in time to gather data and 87 percent increase in the time spent analyzing data
In the first phase of the study, responses from 45 organizations of all sizes and across industries, indicate a clear and consistent set of results from implementing Oracle Hyperion Planning. Phase 2 of the study will expand the scope of the study significantly, with results expected sometime in calendar year Q2 2012.

When asked to cite specific benefits of Oracle Hyperion Planning, participants identified
  • Calculation accuracy and process repeatability
  • Shortened forecast cycle times
  • Ability to change assumptions on the fly
  • Standardized reports for extract, transform, and load management
  • More time analyzing data and less time gathering it
  • Turnaround time significantly decreased
“The [Financial Planning and Analysis] group was transformed from a role of budget creators to financial analysts," explained one respondent.

Joining Oracle EPM CIP
The Oracle EPM CIP is made up of Oracle customers who participate in quarterly surveys about their EPM processes. In return, recipients receive first access to presentations and articles containing EPM CIP survey results—plus rapid benchmarking of their own organization against other Oracle EPM customers.

Members also gain access to private Webcasts in which participants are briefed on EPM CIP survey results—plus the ability to shape future surveys.

Find out more about being a part of the Oracle EPM customer information panel.
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