With the introduction of Hyperion Profitability and Cost Management (HPCM), many organizations have recognized the power of this breakthrough solution to build sophisticated and powerful cost models. As such, HPCM has been successfully in use for several years, and in numerous cases, its use has been expanded.
Since the initial release of HPCM, Oracle has developed additional variations of HPCM to provide a full suite of capabilities in costing and profitability that can more specifically provide the right tool for the right job (RTRJ). These additional offerings include HPCM-Detailed Profitability and HPCM-Management Ledger, the latter of which is available either in the on premise version (HPCM-ML) or the cloud version – Profitability & Cost Management-Cloud Service (PCMCS). The original solution of HPCM is now referred to as HPCM-Standard Profitability (HPCM-Standard).
Edgewater Ranzal is the leading implementation services provider of Oracle and Hyperion EPM solutions and has extensive experience with Hyperion Profitability and Cost Management (HPCM).
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