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Learn about Oracle PBCS Planning and Budgeting Cloud Service Training Courses http://keyteach.com/self-paced-traini... Oracles PBCS provides a centralized cloud-based system for the construction of plans budgets and forecasts in a time when companies are exploring ways of reducing IT and hardware investment costs. PBCS offers a Best of Breed planning solution yet requiring no software installation flexible driver based modeling is offered together with robust reporting and ad hoc analysis features and completely customizable budget and forecasting cycles. PBCS is highly securable and allows the control of data ownership using workflows whilst enabling efficient and highly collaborative planning processes which ultimately lead to shorter planning cycles. PBCS can be accessed through a web interface or via the Smart View plugin for Microsoft Office. This video is part of chapter one of this online training course that can be purchased at http://keyteach.com/self-paced-traini... The dimensionality of the system allows top-down and bottom-up iterative planning cycles making use of transformed data loaded from source systems via advanced data management tools. Applications can cater for currency conversion where multi currencies are required and headcount and salary expense modeling can be performed. In particular, driver based planning making use of global assumptions is a popular method of budgeting it's worth focusing for a moment on some of the key components that make up or interface with PBCS is accessed through a web interface which provides a clean and simple environment in which users can undertake their tasks. Data storage is provided by Essbase with its multi-dimensional database and calculation engine and reports can be created using the financial reporting studio. PBCS Training Courses. Oracle Planning and Budgeting Cloud service training courses. Budget plans will need to be calculated from the base data that is input and this is achieved through the use of business rules which allow the scope of calculations to be controlled whilst at the same time offering huge computational power. An alternative interface to PBCS is via Smart View and add-in for Microsoft Office that offers reporting and ad hoc analysis functions. Finally, data management or FDMEE offers data transformational capabilities for data being moved between source and target systems.