Oracle Hyperion Capital Asset Planning

Planning for capital related expenses can be a significant exercise at many organizations. The request, review, justification and approval process is time consuming enough, but then you must also be able to accurately predict the impact of the outcome of these processes on your organization’s profit & loss as well as cash flow.

The Capital Asset Planning module was created to help organizations manage this process by tracking items throughout the process on an asset by asset basis. Finit will work with you to determine the optimum design for not only tracking proposed assets through the capital approval process, but also creating drivers to create the depreciation expense schedule of those proposed capital assets that become approved capital assets.

Besides dealing with assets planned to be purchased, the capital asset module also assists you in forecasting the financial impact of assets you already have in house. Activities such as transfers, capitalized repairs & improvements, retirements and future depreciation of existing capital assets also need to be valued for your organization. By predicting both future and existing assets’ financial impact down to the asset level, the capital asset planning module will provide your organization with the ability to focus more on aligning corporate capital resources against business strategies that will give you a competitive market advantage instead of spending time crunching numbers to value the results of those decisions.

Finit will also work with you to ensure that Capital Asset Planning module and Hyperion Planning are fully integrated, so that any changes made in the module will automatically be reflected in your corporate wide Planning application, regardless of the timing of your capital budgeting cycle. By having the mechanics of the financial impact capital asset expenditures systematically calculated, you can reduce your planning cycle time significantly while also allowing your firm’s participants to truly add value to the forecasting process instead of simply performing calculations.