Description

Introduction
Oracle Hyperion Workforce Planning bridges the gap between HR and Finance by enabling organizations to align workforce plans with financial objectives. This course covers the essentials of configuring, managing, and using Workforce Planning to forecast personnel costs, analyze headcount, and support collaborative decision-making between HR and Finance teams.

Prerequisites

• Basic understanding of financial planning and budgeting concepts
• Familiarity with HR processes and workforce metrics
• Knowledge of Oracle Hyperion Planning is beneficial but not required

Table of Contents

1. Overview of Hyperion Workforce Planning
   1.1 Introduction to Workforce Planning Concepts
   1.2 Benefits of Workforce Planning for HR and Finance Teams
   1.3 Key Features of Hyperion Workforce Planning
2. Setting Up Workforce Planning Applications
   2.1 Defining Workforce Planning Modules and Templates
   2.2 Configuring Business Rules and Data Structures
   2.3 Integrating Workforce Planning with Hyperion Planning
3. Managing Employee Data and Assumptions
   3.1 Loading and Validating Employee Headcount Data
   3.2 Configuring Workforce Assumptions (Salaries, Benefits, etc.)
   3.3 Managing Position and Department Structures
4. Collaborative Budgeting and Forecasting
   4.1 Engaging HR and Finance in Collaborative Planning
   4.2 Creating and Managing Salary Plans and Workforce Budgets
   4.3 Forecasting Workforce Needs and Costs
5. Workforce Analytics and Reporting
   5.1 Generating Headcount and Attrition Reports
   5.2 Analyzing Workforce Trends and Variance Reports
   5.3 Creating Custom Dashboards for HR and Finance
6. Integration with HR and ERP Systems
   6.1 Connecting Workforce Planning with HCM and Payroll Systems
   6.2 Automating Data Sync Between ERP and Workforce Planning
   6.3 Managing Data Security Across Integrated Systems
7. Scenario Planning and What-If Analysis
   7.1 Conducting What-If Scenarios for Workforce Changes
   7.2 Modeling the Impact of Compensation Adjustments
   7.3 Using Scenario Analysis for Strategic Workforce Decisions
8. Using Workforce Planning for Strategic HR Initiatives
   8.1 Aligning Workforce Planning with Talent Acquisition Goals
   8.2 Planning for Succession and Workforce Development
   8.3 Supporting Diversity, Equity, and Inclusion (DEI) Initiatives
9. Troubleshooting and Performance Optimization
   9.1 Identifying and Resolving Data Load Issues
   9.2 Optimizing Workforce Planning Performance
   9.3 Managing User Access and Application Security
10. Future Trends in Workforce Planning
    10.1 Leveraging AI and Predictive Analytics for Workforce Planning
    10.2 Adapting to Remote Work and Hybrid Workforce Models
    10.3 Preparing for Emerging Trends in Workforce Analytics

Conclusion
Hyperion Workforce Planning enhances collaboration between HR and Finance by integrating personnel data with financial planning tools. This course equips participants with essential skills to manage workforce data, forecast costs, and analyze headcount trends. By fostering alignment between departments, organizations can make more informed workforce decisions and achieve strategic goals.