HFM has multidimensional tables of financial records constructed by consolidating the account statements belonging to various entities of an organization. The derived chart (table) of accounts can be widely applied for international reporting requirements in compliance with International Financial Reporting Standards (IFRS) and Generally Acceptable Accounting Principles (GAAP).
HFM helps your organization to establish financial controls with the help of workflows derived from multiple custom and standard multi-dimensional calculations. HFM simplifies the complex accounting process of generating unlimited segmental reports (for scenarios such as actual cost incurred against the estimated budget with detailed calculations of variances).
Oracle Hyperion Financial Management provides:
We have implemented Enterprise Performance Management (EPM) and Business Intelligence (BI) for many organizations. We address unpredictable challenges that arise due to unexpected change of requirements by using Agile Scrum Methodology.
Our Oracle BI and EPM consultants do rapid vanilla implementation in less than 13 weeks. We provide calculations incorporating US Generally Accepted Accounting Principles and Statuary Tax Reporting.
Chain-Sys Advantages include: