Essbase: Understanding the Basics

Presenter: | Aug 21, 2015

Finit has delivered solutions for the office of finance 20 years, beginning in 2002 with a focus on Oracle EPM. In 2011, we were the first OneStream implementation partner and delivered the first OneStream solution to go live. We no longer offer consulting services for Oracle EPM. However, the functional experience and technical expertise built from this experience form the foundation of our industry-leading OneStream practice.

When it comes to powerful alternatives for analyzing, reporting, and consolidating Financial and Operational data, Essbase leads the market. Essbase ‘s dominance in OLAP (on-line analytical processing) is the result of its ability to deliver extremely fast query response times for vast numbers of users, large data sets, and complex business models.

Essbase is a strong compliment to Hyperion’s prepackaged applications for financial reporting, consolidations, and budgeting / planning due to its power and flexibility for superior analysis. In fact, many companies are now using Essbase in conjunction with tools such as HFM and Hyperion Enterprise to provide optimal reporting and analysis capabilities. Join us on December 16 to learn the basics of Essbase as we review the features and benefits of this technology and create a database “live”. This webinar will include discussions of:

  • Essbase dimensionality, and how it differs from tools such as HFM
  • Dense and Sparse dimensions
  • ASO and BSO cubes – the differences, advantages, and disadvantages
  • Typical uses of Essbase
  • Essbase and HFM used jointly for optimal reporting and analysis

By fully understanding the capabilities of Essbase and how it can fit into your company’s overall Finance IT vision, you will be able to develop a strategy for providing faster, more relevant information to management and ultimately get the most out of your finance technology investment.

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