Is it time to upgrade? Upgrading from one software version to the next can be a major task, especially if upgrades have piled up and there has been a major release. Actually, in many cases, an upgrade can become a complete re-implementation. But in the case of Hyperion Planning, just do it.
We know, just the thought of an upgrade can be daunting: from the unknown of how the currently stable application environment will handle the new features and new options, to the amount of time it might take to complete the upgrade and to get your financial operation back up and running again. The process of the upgrade itself can be painstaking, including production outage time for your users and finding a window that follows the path of least resistance.However, patching and upgrading on a regularly scheduled basis can provide an improved application, offer new or additional features, and is easier to schedule with the user base because it becomes a normally scheduled course of business. Don’t dawdle, just do it, and you’ll have some cool new features to play with.
New Features In Hyperion Planning?
Well…yes! New features can really make your budgeting and planning life more interesting. Haven’t there been plenty of times under a deadline, while your heads are down, working on a template or a report, where you’ve wished there was a better way to get it done? Of course you have. Let’s look at a few wishes that have crossed our minds, and the minds our our clients, and see if you recognize any of them.
Quick and seamless access to historical data on a Hyperion Planning form? We know that problem.
- To give your users perspective, you want them to review past history on the same Hyperion Planning form they use to fill in data for the planning year. Implementers are reluctant to include much historical data in the base cube (Plan Type) as this approach slows down calculation time. Historical data, past the prior year, should be moved off into its own cube for good housekeeping. Since the historical data was in its own cube, your user had to open a report displaying the history he or she needed and the Hyperion form at the same time, switching back and forth between them.
- Version 18.104.22.168.5 of Predictive Planning (module of Oracle Hyperion Planning) features an enhancement that added the capability to access an alternate Plan Type to retrieve historical data on a Planning form! You can even access an ASO (Aggregate Storage Option) Oracle Essbase cube with this enhancement, so you’re not crowding out your base Plan Type with history. The form can access historical data from a different cube. What an idea!
Hyperion Planning Administrators can use a dashboard to manage the application? Why not? Why should Hyperion Planning users have all the fun with dashboards?
- Wouldn’t it be nice for your administrator to log into the console to manage the application, and have that console look and function like a dashboard?
- Version 22.214.171.124 of Planning offers this feature allowing an admin to find tasks easily with a personalized console dashboard.
View changes during ad-hoc reporting analyses? What does that mean?
- You build an ad-hoc report grid and while analyzing, you select to zoom-in to certain members and change some of the dimensionality to look at the data in a different way. The new request doesn’t return data to the grid, because the ad-hoc grid was built with those original specific dimensions and didn’t incorporate the changes.
- Version 126.96.36.199 of Planning now allows the user to zoom in and out on members and to pivot and change dimensions within the ad-hoc grid. Are you getting interested now?
Create dynamic reports from ad-hoc grids that you can use in Oracle Hyperion Financial Reporting? Haven’t you always wanted to do that!
- You’ve created an ad-hoc grid that’s so useful, you want to save the ad-hoc data into a report that you and other users can access in Financial Reporting.
- In Version 188.8.131.52 of Planning, now you can! Previously, after you built an ad-hoc grid, you’ve had to rebuild that report in Financial Reporting. This way, you can build the dynamic report, preview and save ad-hoc data into a report that can be saved to the Financial Reporting.
Bliss! Plan your upgrade soon. Strafford has helped hundreds of finance organizations upgrade their Oracle Hyperion Planning solutions. Thinking about moving to the cloud? We know Oracle PBCS and Oracle EPBCS and can help you improve performance and team efficiencies by moving to a cloud-based Hyperion finance environment. Let our team of experienced, finance-focused consultants bring your next implementation or upgrade project in on-time and on-budget.