Overview
Product Information on Oracle Hyperion Financial Management (HFM)
What is Oracle Hyperion Financial Management (HFM)?
Oracle Hyperion Financial Management (HFM) Pricing
Overall experience with Oracle Hyperion Financial Management (HFM)
“Flexible & robust but too standalone”
“Oracle's Agile Upgrade: A Struggle with Insufficient Automation Tools”
About Company
Company Description
Oracle is a cloud technology company that offers computing infrastructure and software solutions globally. This organization has developed an autonomous database, the first of its kind, to help manage and secure data. Oracle Cloud Infrastructure presents functionalities to facilitate the transition of workloads from on-site systems to the cloud, and vice versa, as well as between different clouds. Oracle's cloud software applications provide modern tools designed to support sustainable growth and resilience in businesses. Tools developed by Oracle are used by a wide range of users including nonprofit organizations and businesses of various sizes, to aid in operations like supply chain streamlining, human resource management, financial planning and connecting data and global users. Apart from business solutions, Oracle's technology also aids in tasks ranging from government defense to scientific and medical research.
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Reviewer Insights for: Oracle Hyperion Financial Management (HFM)
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Performance of Oracle Hyperion Financial Management (HFM) Across Market Features
Oracle Hyperion Financial Management (HFM) Likes & Dislikes
Calculation rules & dimensions are easy to customize Loading & downloading data is easy due to the integrated loading module. Smartview addin for excel
It is a powerful tool. Once you have installed and configured this application it is pretty stable.
What I like most about the product: - Consolidation and reporting functionalities. - Intercompany Reconciliation - Audit and compliance functionalities.
The poor customer relationship The high costs of licenses The outdated UX (webforms) even if
Oracle support is very reactive. It is very hard to leverage Oracle support for projects such as CPU patching or release upgrades since there are only limited people there with the right skills to help the customers. Most oracle support is shying away from a phone call and wants to work in the background using the portal to communicate. This is making it very hard for complex troubleshooting
The HFM user interface could be a bit better and more user friendly. You have to find your way before you are able to use the system. This makes a steep learning curve for new users.
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Peer Discussions
Oracle Hyperion Financial Management (HFM) Reviews and Ratings
- FINANCE ASSOCIATE1B-10B USDConsumer GoodsReview Source
Flexible & robust but too standalone
HFM is a robust & flexible consolidation tool however the customer relationship with Oracle are so poor that you have to consider a good third party maintenance - Supply Chain Associate1B-10B USDRetailReview Source
Oracle Hyperion Financial Management to manage your finances.
HFM has proven to be a comprehensive financial consolidation and reporting tool. The overall experience within our organization has been positive thanks to its reliable performance. - IT Professional<50M USDEnergy and UtilitiesReview Source
Oracle's Agile Upgrade: A Struggle with Insufficient Automation Tools
This legacy application is very hard to maintain and the devops side of the house is struggling since documentation has lot of flaws. Oracle is forcing customers to upgrade in an agile fashion without providing them the tools and means necessary to leverage automation. There are a lot of manual steps to upgrade to the next release or apply quarterly CPU patching. - FINANCE ASSOCIATE10B+ USDBankingReview Source
Create financial reporting using Oracle Hyperion financial management
Oracle Hyperion financial management provides a comprehensive user experience for financial reporting and consolidation. The intuitive user interface enables seamless data collection and processing. Advanced insights of the financial metrics can be obtained from the application with easily clicks. A useful financial management application available from Oracle for the companies. - DIRECTOR AND INDIA HEAD GLOBAL FINANCE S1B-10B USDTelecommunicationReview Source
An excellent tool for Financial Consolidation, Reporting and Analytics!
An Excellent Tool for Financial Consolidation, Reporting and Analytics! We have been using it as an integrated tool with SAP. The accounting in done in SAP and data consolidation and financial reporting is done in Hyperion as data from SAP interfaces with Hyperion Financial Management Tool.