Hyperion Profitability & Cost Management

Oracle Hyperion Profitability & Cost Management (HPCM) is an analytical performance management application that provides actionable insights into cost and profitability. HPCM is used to model costs and revenues, perform complex allocations, calculate business segment profitability and determine overall profitability.

HPCM improves organisational performance by discovering drivers of cost and profitability, identify value add products and services, establish benchmarks and enable process improvements.

WizProTek consultants are certified professionals in costing and have a deep technical knowledge in HPCM.

WizProTek offerings for HPCM are:

  • New HPCM implementations – standard and detailed models.
  • Facilitate designing of profitability solution.
  • Reviewing drivers and their effect analysis.
  • Waterfall allocations.
  • Activity Based Costing.
  • Customer, Business Segment and Product Profitability.
  • Integrating with HFM and Planning.
  • Integrating with source legacy GL systems and data warehouses.
  • Conversions from excel based profitability and costing systems to HPCM.
  • Administration of HPCM.
  • Client specific training & documentation.

  • "WizProTek combines techno functional expertise with best practices to provide out of the box solutions be it for consolidation and reporting, planning and budgeting or even multi gaap convergence and compliance ."

  • "We work extensively with clients to help them address their long term as well as medium term planning challenges."

  • "We have a rich experience in implementing IFRS compliant reporting solutions. We have partnered with several significant corporations during their initial IFRS convergence as well as subsequent reporting under IFRS environment."