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Finance, Budgeting, and Forecasting For Global Pharmaceutical Firm

Stiefel Laboratories initiated multiple projects to assist with finance, budgeting, and forecasting.

The first is a profit and loss reporting, balance sheet, and cash flow application that uses Oracle Hyperion Financial Data Quality Management to map data from multiple different sources and multiple currencies into a common global chart of accounts for reporting, forecasting, budgeting and analysis using both Microsoft Excel and Financial Reporting. 

The second project is a sales and margin application with budgeting and forecasting capabilities using integration between Aggregate Storage Option (ASO) and Block Storage Option (BSO) Oracle Hyperion Essbase cubes.  The purpose of the integration is to handle the volume of the daily sales actuals while the block storage cube is used to capture the monthly forecast and budget. 


Tags: Planning & Consolidation, Oracle, Healthcare, Stiefel Laboratories, Pharmaceuticals

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