Hyperion Replacement
Hyperion Replacement
Oracle's Hyperion enterprise performance management (EPM) applications have been in the market for years and have helped many organizations improve their budgeting, planning, forecasting, consolidation and reporting processes. However, the architecture of these applications has made them costly to deploy, maintain and upgrade, especially for large enterprises with extensive deployments.
In recent years, Oracle has moved focus from their on-premise Hyperion applications to their Cloud EPM applications. While this shift alleviates the need to set up and maintain infrastructure to support the applications, the architecture of Oracle's Cloud EPM applications may lack some the capabilities of their on-premise ancestors.
Hyperion customers are now considering alternatives before committing to migrate to the cloud, and there are several proven alternatives to Oracle Hyperion and other legacy applications.
We can show you a unified, extensible CPM platform that allows mid- to large-size organizations to modernize finance and reduce complexity in the cloud or on-premise.
OneStream SmartCPM simplifies and aligns financial consolidation, planning, reporting and data quality processes across the enterprise. Their XF MarketPlace allows customers to extend their investment with pre-built solutions and customization capabilities including Account Reconciliations, Close Manager, Task Manager, Disclosure Management, Compliance Solutions, and Capex Planning.
In addition, you may want to look at solutions such as Anaplan , Adaptive Insights , Board, Tagetik , or many other new exciting products that have entered the market.
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OneStream CPM
OneStream aligns to your business needs and changes more quickly and easily than any other product by offering one platform and one model for all financial CPM solutions. OneStream employs Guided Workflows, validations and flexible mapping to deliver data quality confidence for all collections and analysis while reducing risk throughout the entire auditable financial process.