Oracle Hyperion Workforce Planning Module

A significant component of any firm’s expense base is the dollars that it spends on its workforce. In many cases workforce expenditures can exceed 50% of an entity’s total cost in a given fiscal period.

By using the Workforce Planning module, firms can forecast these types of expenditures down to the employee level, providing optimum accuracy around their most significant expense grouping. Finit works with you to determine the drivers necessary to ensure that you capture all costs related to headcount - salaries, incentive compensation, employee benefits, equipment and taxes. These drivers will handle all the quantitative portion of workforce expenditures, allowing you to focus on the allocation of these resources throughout your organization. Making qualitative decisions around employee hiring, transfers, terminations and leaves of absence are difficult enough without having the additional burden of correctly valuing these decisions for the organization as a whole. If deployed correctly, the workforce planning module removes this burden.

Finit will also work with you to ensure that the workforce planning module seamlessly integrates with your Hyperion Planning solution, providing users with the appropriate security level with drill-through capability from summary values down to the underlying detailed data. And by connecting you organization’s Planning data with your workforce data, you can evaluate the total business impact of qualitative workforce decisions you make in real time.