Hyperion Financial Management
Many finance executives face the daunting task of consolidating their company’s financial and operating results. Typically they would use spreadsheets to do this, which makes the process laborious and time-consuming, not to mention difficult to maintain and audit.
Some have to use custom reporting solutions that aren’t scalable or address global requirements. Others are dependent on general ledger-based approaches that cannot pull data from numerous transactional systems without significant IT support.
It is clear that these executives would benefit from a ‘single version of the truth’ - one view of all financial and operational results, integrated from multiple data sources into one easy-to-use view.
Oracle Hyperion Financial Management, a financial consolidation and reporting application, creates this ‘single version of the truth’. It allows for rapid and accurate financial reporting and helps you to comply with stringent reporting regulations.
Key Features and Benefits of Hyperion
Hyperion is built using advanced Web technology, but is used and maintained by an organisation’s finance team. The software will allow a finance manager to rapidly close and report on financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers they produce.
Key Features
- Global consolidation features
- Scalable web architecture
- Smart dimensionality
- Complete audit trails
- Powerful reporting and analysis tools
- Robust data integration
Key Benefits
- Deliver timely results internally and externally
- Cut compliance costs
- Deliver a ‘single version of the truth’ to improve internal and external transparency
- Maintain a 10K/Q to general ledger audit trail, providing confidence in the numbers
- Conduct in-depth analysis of key performance and operational metrics easily
- Discover new sources of profitability and cash flow by company, product, brand, and customer segment
- Realise new benefits quickly with packaged financial intelligence functionality that integrates with existing IT investments
- Add capabilities from a comprehensive suite of performance management applications as needs and budgets dictate.
For more information on the Oracle Hyperion Financial Planning software contact us at
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, or call +44 (0)845 119 6080.
