Public Sector Planning and Budgeting, is an integrated budgeting and planning solution in the Oracle Enterprise Performance Management System suite that enables public sector and higher-education organizations to manage existing and projected budgets using current and previous General Ledger and Human Resource Management (HRMS) data. You can also load data from PeopleSoft Financials Commitment Control. Public Sector Planning and Budgeting also enables you, at a departmental or Human Resource organization level to manage, modify, and update employee and job data, identify the compensation budget impact, and define General Ledger allocations.
Public Sector Planning and Budgeting enables you to accomplish these tasks:
Build budgets from prior years or versions.
Define decision packages and budget requests to submit funding requests for proposed projects, and to identify the impact these new proposals will have on the existing baseline budget.
Manage positions, and position data, and position-related compensation details
Manage employee-related data such as salary grades, benefits, location, status, employer-paid taxes, and union information
Project and evaluate the impact of employee compensation on overall budgets
Forecast the impact of new positions, workforce reductions, contract proposals, and compensation and benefit changes as they occur throughout the year
Perform mass updates and globally or conditionally apply compensation default changes
Allocate budget amounts to different programs, projects, or other chart-of-account dimensions
Integrate and aggregate position and employee budgets into operating expense line item budgets
Issue notifications when budget issues need attention or the budget is completed
Handle overrides with comprehensive audit trails to ensure accuracy
Access budget data in Oracle Hyperion Smart View for Office
Create detailed budget books and reports in Oracle Hyperion Financial Reporting, enabling you to publish budget details internally or externally, and use report queries
The most recent English version of this help system is available in the EPM System Documentation Library on Oracle Technology Network (OTN):