Skip to content-main content

VCU Budget and Resources Analysis

Hyperion


Oracle Hyperion Planning is a planning application framework. It is a centralized, Microsoft Office and Web-based planning, budgeting and forecasting solution that integrates financial and operational planning processes. Specifically, this planning framework is capable of reducing the time of planning cycles, improving accuracy of plans, providing a universal interface and methodology for inputs and reporting, tracking plans, and eliminating time lag between the time when plans are updated and reports are refreshed.

For VCU, some of the benefits will include:

  • A single set of standardized input templates, for authoring the budget
  • A single, up to date, repository that contains all of the data (actual, encumbrance, budget permanent, budget current, and forecast), providing one version of the truth
  • A much more efficient process in gathering data, consolidating information across the university, and reporting on it (database consolidates as data is entered)
  • A self-serve model, allowing users the ability to execute ad-hoc analysis queries against all the data when needed
  • Having access to all data, as a guidance tool, when authoring budgets
  • Ability for the budget office to track and see the progress of various pieces of the organization, while budgeting (once the system is open to wider user base)

Note: Single Sign-on has been activated in Hyperion. Going forward, you log in using your VCU e-id and password. You will still need to input the Identity Domain, which is vcu1838.

Links

Use the links below to access the stock reports from the Planning Application

Simplified Interface

Standard Interface (only accessible through Internet Explorer and Mozilla)

Forms

Instructions

Quick Tips and Tricks

The following links can be used to access two separate Google Docs. Each of these include FAQ's, tips and tricks, any known issues within the system. These will be living documents, and will be updated as needed.