Financial Officers (CFOs) spend lot of time and effort consolidating financial reports for planning purposes. Hyperion Financial Management (HFM) greatly reduces the pain of these efforts.

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:

  • Unified view of enterprise financial information.
  • Consolidated key performance and operating metrics from global sources in a scalable web-based application.
  • “Fast virtual close” feature trims days and weeks off your close cycle.
  • Web-based process management, intercompany reconciliations, journal adjustments and a consistent set of data and business measures.
  • Powerful multidimensional analysis helps identify and report on key financial and business trends, new sources of profitability and cash-flow at corporate, cost center, product, brands, customer, and channel levels.
  • Flexible “what if” scenario management feature dynamically consolidates and reports actual results, financial budgets, forecasts and plans, producing new statements as assumptions and facts change.
  • High-volume, preformatted reports deliver timely, accurate financial information for internal management and external regulatory and government bodies.
  • Prepackaged features are deployed out-of-the-box, quickly and cost-effectively, including features such as world-class allocations, multicurrency translations, and robust data integration with legacy applications, ERP, and CRM systems.
  • Customizable and extensible application to solve your issues quickly and cost-effectively, using industry standard tools.
  • Pre-built starter kit applications for specific requirements such as Sustainability Reporting, IFRS, Japan Statutory Reporting

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:

  • Full life cycle complex HFM implementations worldwide
  • Highly qualified certified professionals to implement Hyperion Financial Management
  • Extensive domain knowledge such as Telecom, Chemicals, Paper Industry, Metals, Textiles, Glass, Trading, Discrete Manufacturing, Process Manufacturing and Projects based Industries.
  • Proficient in all the Oracle Hyperion modules, Oracle Technology stack, extensions and Database administration
  • Knowledge of regional regulations