Hyperion Finance

What is Hyperion Finance?

Managing a successful organization today relies on the critical information obtained from business results and operations. Planning and Forecasting are just shots in the dark without comprehensive, accurate, and consistent data about the most important operational aspects of the business.

As the speed of business increases, along with the level of competition, legacy systems used to deliver critical operating data cannot keep up. Such systems need a lot of manual intervention to collate, integrate, and create reports from fragmented and siloed data, and that can mean the information arrives too late to give businesses the advantage they need.

Manual processes often lead to errors, making reports less reliable, and manual integration processes can become rigid and inflexible. Advanced Enterprise Performance Management (EPM) solutions such as Hyperion offer Finance several key features that deliver more value to your organization. Modern EPM solutions also enable better insights and make it possible for businesses to find new growth avenues and gain an advantage over their competition.

Hyperion Finance On-Premise Solutions

EPM 11.2 is Oracle's newest release of on-premise Hyperion applications. These powerful tools include Hyperion Planning, a centralized planning, budgeting, and forecasting solution that integrates financial and operational planning processes and improves business predictability, and Hyperion Financial Management (HFM), a comprehensive, web-based application that delivers global financial consolidation, reporting, and analysis in a single, scalable solution. Both applications utilize today's advanced technology yet are designed to be owned and maintained by the enterprise's finance team.

Additional on-premise applications in the Hyperion Finance suite of tools include:

• Hyperion Data Relationship Management
• Hyperion Performance Scorecard
• Financial Reports
• Hyperion Smart View
• Profitability and Cost Management
• Tax Provisioning

Hyperion Finance Cloud Solutions

Today, modern EPM must deliver substantial enhancements to the planning function, including better capabilities for long-range strategic planning, better financial and operational planning features, and a single enterprise view of the plan, budget, and forecasts...offered in the cloud.

EPM Cloud provides a full suite of business processes and best practices to deliver value to CFOs and their Finance teams including:

• Planning
• Financial Consolidation and Close
• Tax Reporting
• Profitability and Cost Management
• Account Reconciliation
• Data Management
• Narrative Reporting

EPM Cloud is a platform that delivers prebuilt, best-practice planning tools for both the finance function and the lines of business that enables organizations to get more value more quickly. Rather than customizing planning processes and maintaining those customizations, your organization can leverage the tools immediately. Full visibility across the entire financial close process is also possible with comprehensive data that covers all aspects of performance by viewing the entire close process, from sub-ledger close to reporting.

MindStream Analytics has a strong offering within the Oracle Hyperion on-premise and Cloud EPM space. We help organizations of all sizes and industries acquire, implement, host, and manage strategic finance solutions designed to grow your business by bringing people, processes, and information together. Our team is made up of business and technical experts with years of experience with Enterprise Performance Management and Advanced Analytics.

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