Oracle Hyperion Financial Management | EPM | Oracle (2024)

Oracle Hyperion Financial Management provides financial consolidation and reporting that enables you to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance, and deliver confidence in the numbers.

Learn about Oracle's broad selection of application solutions.

  • Reduce consolidation, close, and reporting cycles by days or weeks
  • Deliver timely results—internally and externally
  • Reduce compliance costs and deliver a single version of the truth to improve internal and external transparency
  • Be confident in the financial results by maintaining a regulatory filing to general ledger audit trail
  • Easily conduct in-depth analysis of key performance and operational metrics
  • Gain new benefits quickly with packaged regulatory reporting functionality
Oracle Hyperion Financial Management | EPM | Oracle (2024)

FAQs

What is Oracle Hyperion financial management? ›

Hyperion HFM is a finance solution from Oracle that manages the burden of the consolidation and close process that takes away time and resources that could better be used for analysis and decision-making.

Is Oracle EPM the same as Hyperion? ›

Offered in one cloud solution, Oracle Cloud EPM is the next-generation EPM solution that leverages Hyperion's more than 30 years of delivering market-leading capabilities for the office of finance.

What is Hyperion software used for? ›

Oracle Hyperion Planning is a centralized planning, budgeting, and forecasting solution that integrates financial and operational planning processes and improves business predictability.

What is Oracle financial management? ›

Financial management innovation with Oracle

Give your finance team better data to increase forecasting accuracy, shorten reporting cycles, simplify decision-making, and better manage risk and compliance.

Is hyperion an ERP system? ›

What is SAP Hyperion? SAP Hyperion integration is a process of connecting the data and systems of Oracle's Hyperion Enterprise Performance Management (Hyperion EPM) solution with SAP ERP environments. The Hyperion EPM solution is used by more than 4,000 enterprises worldwide in combination with SAP ERP systems.

Is Oracle financial an ERP? ›

Oracle ERP Cloud and PeopleSoft are two software solutions used to automate back-office processes and daily business activities. Both ERP packages are comprehensive and offer modules for financial management, supply chain management, project management, accounting and purchasing.

What is Hyperion called now? ›

Oracle Hyperion Financial Management | EPM | Oracle.

What is the future of Hyperion? ›

Recommendation: In this case we would recommend sticking with Hyperion for the foreseeable future. Oracle has extended its support for Hyperion through its application unlimited programme which provides product patches until at least 2032.

Which is better EPM or ERP? ›

EPM systems are ideal for scaling and adapting to changing demands due to their flexibility. EPM systems are customizable and focus on financial departments and operational performance. ERP systems, however, could be more flexible due to their complexity.

Does Oracle still sell Hyperion? ›

The truth is that Hyperion on-premises applications are very much alive and well. Oracle continues to deliver releases containing innovation and updates for our many Hyperion customers.

Who owns Hyperion Financial Management? ›

Oracle Corporation announced on March 1, 2007 it had agreed to purchase Hyperion Solutions Corporation for $3.3 billion in cash. The transaction was completed on April 18, 2007 and Hyperion now operates as a division of Oracle.

What are the benefits of Oracle Hyperion? ›

Oracle Hyperion offers a range of benefits, including improved financial and operational planning, enhanced BI capabilities, and robust financial consolidation and reporting capabilities.

What is the best software for financial management? ›

Here are some of the best financial tools that you can start evaluating before choosing the one that suits you best:
  • QuickBooks. QuickBooks is a standard comprehensive financial management tool geared towards small and medium businesses and accountants. ...
  • Zoho Finance Plus. ...
  • Xero. ...
  • Oracle Financials Cloud. ...
  • Sage Intacct.
May 2, 2024

What is Oracle Hyperion Financial Data Quality management? ›

Hyperion Financial Data Quality Management solution from Oracle eliminates the data integrity risks associated with collecting, mapping, verifying, and moving critical financial data.

What is the old name of Oracle Financial Services? ›

New Version of FLEXCUBE Core Banking for IBM System z active from April 2008. During August of the year 2008, the company changed its name from I-flex solutions Limited to Oracle Financial Services Software Limited.

What does Oracle Financial Services software do? ›

The company provides services to capital markets, banking, wealth management, corporate banking, payments, retail banking, and risk and compliance domains. It operates in the Americas, Europe, Asia-Pacific, the Middle East, and Africa. OFSS is headquartered in Mumbai, Maharashtra, India.

What is HFM used for? ›

Hyperion Financial Management (HFM) Oracle Hyperion Financial Management is a comprehensive, web-based application that provides global financial consolidation, reporting and analysis in a single, highly scalable software solution.

What is FP&A Oracle? ›

Financial planning and analysis (FP&A) refers to the processes designed to help organizations accurately plan, forecast, and budget to support the company's major business decisions and future financial health.

Which companies use Oracle Financials? ›

List Of Prominent US Companies That Use Oracle
Company NameWebsiteRevenue
Ciscowww.cisco.com$51.6 Billion
Zoomwww.zoom.us$4 Billion
Intuitwww.intuit.com$9.6 Billion
Gartnerwww.Gartner.com$4.7 Billion
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