Accessed through EPM Workspace, Profitability and Cost Management is an analytical application that resides on top of Essbase. The application enables business users to model their business for profitability and cost management, and use that model information to create Essbase databases that can be fine-tuned for profitability and cost analysis without having to understand a scripting language.
Profitability and Cost Management leverages Performance Management Architect and Shared Services for the centralized management of application metadata and security.
Application administrators create the Profitability and Cost Management dimensions using Performance Management Architect. User access is managed centrally with Shared Services. When the dimension metadata is ready, it is deployed to a Profitability and Cost Management application, or model. The dimensions in Performance Management Architect can be shared by multiple models.
The model design contains the information needed to generate the Essbase outline and calculation script required by the Essbase component of the model. Each model requires access to the following databases:
Relational database that stores the model design, including the dimension metadata deployed from Performance Management Architect
Essbase database that includes a Calculation database (BSO) and a Reporting database (ASO).
Note:
Only one database is required to store multiple models.
Results from the Reporting database may be viewed in reporting and analysis tools, such as Financial Reporting, Web Analysis, and Oracle Hyperion Smart View for Office, Fusion Edition.