Oracle’s Hyperion Planning is a web driven Planning and Budgeting tool that utilizes Oracle Essbase as the data storage and calculation engine. By leveraging Essbase’s multidimensional data model as well as standard relational database management platforms, Oracle’s Hyperion Planning provides a powerful tool for forecasts, budgeting, reporting, and analysis. The Essbase portion of the application gives Hyperion Planning the calculation power to handle predictive planning, allocations and complicated revenue recognition planning. The relational repository allows Planning to collect textual information critical to a coordinated understanding of the budget. Hyperion Planning contains process flow management and process guidance for end users. While Hyperion Planning is a web software application,.