Oracle Hyperion Project Financial Planning While financial planning and forecasting has traditionally been focused around accounts and cost centers, many organizations need to plan and forecast on a project basis. Oracle Hyperion Project Financial Planning is a packaged application designed to support financial planning and forecasting for contract, capital and indirect projects. It bridges the gap between project management systems and financial planning processes, to support the complete project financial management lifecycle. BENEFITS Reduce reliance on spreadsheets and manual processes – gives FP&A and corporate financial full visibility into the impacts on company financials when project approval and funding decisions are being made Improve insights into the financial impacts of proposed projects – what-if impact analysis and feedback loop for financial considerations for projects is instantaneous Accurately report and forecast financial results of ongoing projects – improves the reporting and tracking of the financial results helping managers more accurately forecast future results of projects and project portfolios Integrate project planning with financial planning and forecasting – keeps better track of project-related revenue and expenses due to the integration with the financial planning and approval system Leverage investments in existing project management and ERP systems – integrates project data from ERP and Project Management applications ensuring consistency and eliminating the need to rekey data from one system to another Improved management of projects and project portfolios – fully documents all costs and revenues associated with projects so managers can gain better insights into the financial impacts of proposed projects and improve the effectiveness of the evaluation and funding process