Task Overview

Review the tasks you'll perform in Strategic Modeling. In general, you'll perform tasks in this order:

  1. Open an application, review the templates used to create models, and then create a model or open an existing model. See Working with Templates and Creating a Strategic Modeling Model.
  2. Check out a model, if required. You can also open a copy of a model. See Opening, Checking Out, and Deleting Models.
  3. Perform strategic analysis tasks such as:
    • Manage accounts and subaccounts.
    • Define the forecast method for accounts.
    • Identify a target value for an account.
    • Perform what-if analysis using the Scenario Manager.
    • Determine how values are calculated.
    • Calculate the model.
    • Improve your forecast accuracy using simulations.
    • Work with time periods.
    • Work with funding options.

    See Working with Models.

  4. Review built-in and custom reports. Working with Reports.
  5. Build and run consolidations to roll up data. See Creating and Running Consolidations.

Note:

You might not see all the features you see described in this section, depending on the access your Administrator has given you to models and features.

To get started, click Strategic Modeling Strategic Modeling icon and then select a component:

Table 7-1 Strategic Modeling Tasks

Task Perform These Tasks More Information
Model View Icon Model View
  • Create, check out, and open models.
  • Work in the Account View.
  • Work with Account Groups.
  • Manage accounts and subaccounts.
  • Define the forecast method for accounts.
  • Identify a target value for an account.
  • Perform what-if analysis using the Scenario Manager.
  • Improve your forecast accuracy using simulations.
  • Determine how values are calculated.
  • Manage time periods.
  • Work with funding options.
  • Review built-in reports such as Income Statement, Balance Sheet, Funds Flow.
  • Review custom reports that were designed in Oracle Smart View for Office.
Working with Models
Consolidation View Icon Consolidation View
  • Create consolidations.
  • Specify model characteristics.
  • Build a business case.
  • Run consolidations.

Additionally, you can review the status of consolidations in the Job Console.

Creating and Running Consolidations
Templates icon Templates Review templates used to create models. Working with Templates

Additionally, you can perform these tasks in the Strategic Modeling Smart View extension:

  • Work with local models

  • Edit a worksheet, or add new worksheets

  • Add and modify user defined accounts

  • Modify account input status

  • Use the Depreciation Scheduler

  • Use Sensitivity Analysis

  • Modify the Time structure and settings

  • Add and edit Debt Schedules

  • Change funding options

  • Perform currency translations

  • Work with tax and valuation options

  • Design a custom report or modify a standard report

  • Save a model as a template

  • Generate or assign custom dimensions

  • Modify a template and upload it for use on the Web

  • Convert and upload reports from the on premise version of Oracle Hyperion Strategic Finance to Strategic Modeling on the Web

  • Upload templates you created from the on premise version of Strategic Finance to Strategic Modeling on the Web

See Working with Strategic Modeling in Smart View.