PBCS vs EPBCS: (Enterprise Planning and budgeting cloud services)
-PBCS
* PBCS was built from on-prem Hyperion Planning, so you’re already getting a proven system.
Everything you get with PBCS, you’ll also get with EPBCS. Both applications have the following features:
* 3 BSO Custom Plan Types
* 3 ASO Custom Plan Types
* 1 Consolidated Reporting Cube
* Like the on-prem version of Planning, PBCS allows for flexibility to make changes to business rules and templates behind the business rules.
-EPBCS
This is where EPBCS departs from on-prem Planning. EPBCS has out-of-the-box frameworks that allow very little custom modification inside plan types.
* These are the four frameworks found within EPBCS:
* Financial Statement Planning
* Workforce Planning
* Capital Asset Planning
* Project Financial Planning
1. Financial Statement Planning:
* This framework includes four sub-processes that can be enabled one at a time: Revenue, Expense, Balance Sheet, and Cash Flow.
* The Financial Statement Planning framework allows users to integrate balance sheets with income statements and cash flow.
If you make changes on an income statement, it automatically updates the balance sheet and cash flow. You can also access
the framework for revenue/sales and gross margin planning to add dimensions for unique business drivers.
* This framework supports direct and indirect cash flow methods. You’re also able to leverage the framework for trend-based planning using best practice expense drivers.
2.Workforce Planning:
* This framework attempts to address the needs of HR and Finance, allowing the department to plan by employee, or job code, for compensation-related expenses.
Workforce planning can be used enterprise-wide and has the capability to support large organizations spanning the globe.
* With this module, you’re able to align your HR strategy with corporate priorities. It’s also a tool for business users to easily keep up with their expenses and benefits.
3.Capital Asset Planning:
* This framework allows you to track new and existing assets, as well as intangibles. Capital Asset Planning supports depreciation and amortization calculations,
cash flow planning and funding for investment and leased assets, as well as “buy versus lease” comparison. You can use this framework for planning asset-related
expenses with automated processes for retirements, transfers, and improvements.
3. Project Financial Planning:
* For organizations with many internal projects — such as IT, marketing, R&D, and training — this framework allows for driver-based planning for both short- and long-term projects.
This framework lets individual employees drive their project-related planning, while tracking asset-related expenses and project revenues. You also get out-of-the-box analysis to
review project performance, project revenue, expenses, and cash flows.
4.Pricing:
* The prebuilt frameworks are the biggest difference between PBCS and EPBCS, but there’s also a major difference in the price tag. PBCS is $120 per user per month,
while EPBCS is $250 per user per month. For organizations looking for out-of-the-box capabilities, EPBCS is a good fit, but you’ll have to pay a little more.
PBCS allows for customization around your specific organization and though your monthly investment is cheaper, you’ll have to invest time and energy in customizing your environment.
-FCCS: (Financial consolidation & cloud services)
* If you know PBCS, then you already know FCCS…technically. They share ~70% of the same platform. What’s interesting is that there are several areas of FCCS that refer to either “Planning” or “PBCS”.
* you still need the functional knowledge. A strong accounting background is key. However, already having the knowledge of how Essbase inherently calculates and stores data will give you a leg up.
* out of box features:
* DashBoards
* Control elements
* currency FX
* Data management
* New dimensions:
* Movement
* data source
* two custom dimensions
* view and manage the close process
* supplemental data with drill back
* centralized audit information
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