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by Oracle Corporation
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Published on: December 01, 2008
Type of content: DATA SHEET
Format:
Unknown
Length: 4 pages
Price: FREE
Overview:
In most organizations, employee compensation and related expenses are the largest line items in the budget. Having control over these expenses is critical to meeting corporate performance objectives.
However, as financial planners model and plan general expenses, they face a constant challenge in tracking current salaries, planning for future compensation, and calculating associated workforce expenses. They require input from operational-level managers and human resources (HR), who typically store the information in various disconnected spreadsheets or custom applications that make analyzing information across all business functions extremely difficult and time-consuming.
Financial planners need a single financial planning solution that will satisfy both general expense planning and detailed workforce-related expense planning. They want to deploy an easy-to-use solution to operational-level managers who can be directly involved in the planning process. And they must be able to easily incorporate HR information for strategic analysis. Oracle Hyperion Workforce Planning helps you easily address all of these needs by providing the only comprehensive solution that handles workforce, salary, and compensation planning out of the box.
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