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Oracle Hyperion Financial Management

Oracle Hyperion Financial Management is a comprehensive, Web-based application that delivers global financial consolidation, reporting and analysis in a single, highly scalable software solution. Oracle Hyperion Financial Management utilizes today's most advanced technology, yet is built to be owned and maintained by the enterprise's finance team.

Oracle Hyperion Financial Management Reviews

I would use this again
(Strategic Financial planning and Analysi.. at Kellogg Company)
Business where it was used: Revenue: $1 Billion +, Industry: consumer goods industry

We have used Hyperion for our financial reporting in my company and i would say it's a great tool for financial repository in making sure you have all the tracking for your financial forecasts. We do forecast on a monthly basis for the whole P&L and it's extremely crucial that we have tracking for all of these as we do scenario analysis on the variances analysis. The tool is also very good in automating excel template as it will automatically retrieve the data given a set of parameters which are not so complicated to fill up. Moreover the product is also extremely useful in other financial statement forecasting as it has the functionality of forecasting Balance sheet, P&L and Cash Flow. In terms of the granularity, it doesn’t have the capability to deep dive into the lowest item of your product (SKU). The highest hierarchy you can get from the P&L standpoint is the product. This is best complemented have when you also have the Hyperion planning tool.

In terms of the implementation, it needs time to implement due to definition of the parameters and the set up of the hierarchies. It's also taking so much time in ther user training.

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1 Rating, 1 Review
1 out of 1 would use this again

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