1. Administering and Working with Enterprise Profitability and Cost Management
  2. Getting Started with Enterprise Profitability and Cost Management
  3. About Enterprise Profitability and Cost Management Applications

About Enterprise Profitability and Cost Management Applications

Enterprise Profitability and Cost Management applications are designed for use by analysts who have deep domain experience in the computation and reporting methods of management reporting, but who may not have much experience with Oracle Essbase and scripting syntax or programming languages.

To model cost and revenue flows with Enterprise Profitability and Cost Management, you must understand the following essential concepts:

  • Dimensions: Data categories in an underlying database used to organize data for retrieval and preservation of values. Dimensions usually contain hierarchies of related members grouped within them. For example, a Period dimension often includes members for each time period, such as Quarter or Month.

  • Application: A related set of dimensions, dimension members, and modeling elements that are used to meet a specific set of analytical or reporting requirements.

  • Modeling elements: Application parts used in an Enterprise Profitability and Cost Management application that apply allocation logic to data that is identified by dimensions and members. Modeling elements include cost allocation rules and analysis definitions that reflect existing or proposed business cases.

    Together these elements organize the allocation points in the application into a logical flow. Careful modeling can capture the actual processes and activities, enabling you to realistically allocate costs and revenues.

An Enterprise Profitability and Cost Management application is a representation of part or all of an organization, and contains costs and revenue categories that are similar to the organization's chart of accounts and general ledger. Enterprise Profitability and Cost Management applications enable you to accurately trace the processes and activities that contribute to costs and revenue within the organization.

Note:

Enterprise Profitability and Cost Management applications are separate and independent from Profitability and Cost Management applications. There is no impact to Profitability and Cost Management applications or environments.