About Profitability and Cost Management
Oracle Hyperion Profitability and Cost Management is an analytical application that is accessed from Oracle Hyperion Enterprise Performance Management Workspace.
It is used to accurately measure, allocate, and manage costs and revenues; compute profitability for business segments; and measure profitability by using cost decomposition, consumption-based costing, and scenario playing.
Profitability and Cost Management is an integral part of EPM Workspace, using various components to build and manage its applications:
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Use EPM Workspace to access Profitability and Cost Management, and manage other components to build the application, control security, and product reports. For Profitability application types, see Profitability Types.
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Use Oracle Hyperion Shared Services to create and manage user accounts, including the definition of security roles to determine which models users can access.
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Use Profitability Applications to build and maintain dimensions and members for use in Profitability and Cost Management. Through the Dimension Library, you can build the application using common dimensions and members that already exist in other applications, such as Oracle Hyperion Planning.
This guide assumes that you will use the Profitability Applications Console for managing the applications and dimensions for your models. See Creating Applications Using the Profitability Applications Console.
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Use Oracle Essbase or a relational database to create the application outline and to store and execute calculation scripts.
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Use Oracle Hyperion Enterprise Performance Management System Lifecycle Management to migrate an application, multidimensional database, repository, or individual artifacts across product environments and operating systems.
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Create reports of the calculated results, using Oracle Hyperion Reporting and Analysis, Oracle Hyperion Financial Reporting, or third party products, such as Microsoft Excel.