Oracle EPM is the complete package
we are using Oracle Oracle Hyperion Enterprise Performance Management for financial Close and Planning. We have merged with 6 other …
Overview
What is Oracle Hyperion?
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.
Recent Reviews
Popular Features
- Forecasting (21)10.0100%
- Financial budgeting (20)10.0100%
- Management reporting (21)10.0100%
- Personalized dashboards (18)8.080%
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What is Oracle Hyperion?
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.
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What is Oracle Hyperion?
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.
Oracle Hyperion Competitors
- IBM Cognos Analytics
- Longview Plan
- Axiom Software by Syntellis Performance Solutions
- Planful (formerly Host Analytics)
- SAP BusinessObjects Business Intelligence (BI) Platform
Oracle Hyperion Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Frequently Asked Questions
Oracle's Corporate Performance Management suite was acquired from Hyperion in 2007. Hyperion customers are encouraged to migrate to Oracle Fusion Cloud EPM.
IBM Cognos Analytics, Longview Plan, and Axiom Software by Syntellis Performance Solutions are common alternatives for Oracle Hyperion.
Reviewers rate Long-term financial planning and Financial budgeting and Forecasting highest, with a score of 10.
The most common users of Oracle Hyperion are from Enterprises (1,001+ employees).
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Reviews and Ratings
(241)Attribute Ratings
Reviews
(1-23 of 23)Companies can't remove reviews or game the system. Here's why
March 10, 2022
Oracle EPM is the complete package
- Shortened the close process by days
- allowed for budgets to be done quickly freeing up resources
- Allowed for forecast cycles to be shortened considerably using driver based forecasts
- Allows analysts to spend more time analyzing data instead of being data entry clerks
April 13, 2021
Hyperion does magic for Finance folks!
- Positive ROI. We had legacy systems and Excel flat files. Now we have Hyperion solution, which helps us stream line our processes and produce results in time with auditing capabilities.
September 19, 2019
Not an Oracle Financials Fan; Hyperion Rocks!
- Ease of learning for financial employees (adoption) make it a cost effective system.
- Ease of transfer of data interoffice (domestic & foreign) which results in speed of use
- East of Reporting financial data to c-suite executives
September 18, 2019
EPM On-Premise Review
- Reduces the labor hours as the data is available to quickly adopt to any forecasting model as needed
September 17, 2019
Hyperion opinion as a student employee
- It's had a positive impact because it helps us with forecasting and analyzing FTE and budgeting reports.
- Provides clear reports with comparison features that allow us to analyze data from previous year.
- Enables us to create reports for predictive budgets since we operate in periods/yearly chunks.
August 08, 2019
Oracle Hyperion - A great planning tool
- Positive ROI with Oracle Hyperion has been realized through increasing planning for budgeting and forecasting yearly and on a month-on-month basis.
- Positive ROI for Oracle Hyperion has been realized with increased accuracy of budgeting and forecasting predictions of financial data across the organization.
- As with any product, once Hyperion had been utilized across divisions on a regular basis, the demand to integrate information from other unconnected systems increased overtime, resulting in yet another positive ROI.
- Hyperion makes it easier to make financial decisions
- Hyperion makes it easier to create reports
- Hyperion makes it possible to view different financial data in one location for different periods of time.
March 16, 2019
Excellent Tool
- Analysis tools are invaluable in decision making.
- Data manipulation and streamlined feeds are also big expense savers.
February 22, 2019
EPM Stack of Tools...Is it worth the money?
- Oracle Hyperion Enterprise Performance Management has a very slow ROI
- Hyperion EPM is very costly on software and hardware sides
- Learning curve is very steep if the BU doesn't understand multidimensional sets.
February 17, 2019
Robust Financial Consolidation and Reporting Made Easy with Hyperion
- Able to complete 10K/10Q Reporting to SEC ahead of most of fortune 500 companies
- Great comfort and reliance on foolproof consolidation with Hyperion
- Many years of use brought the user knowledge level very high
- Not all new functionalities are used due to lack of time to upgrade to most recent versions
December 07, 2018
Oracle Hyperion: Very useful but complex
- Oracle Hyperion allows us to automate and consolidate financial data that used to be performed manually in spreadsheets. From that perspective the ROI is huge.
- Oracle Hyperion functionality is extensive and allows us to perform most functions for planning, consolidating and reporting on our financial data.
- One negative with Oracle Hyperion is that it is complicated to implement and maintain. It takes expertise at all levels (infrastructure and management) to realize the benefits from it.
September 07, 2018
Oracle EPM for the large enterprise!
- We had to get the planning application designed correctly before we got a good ROI, but once we did it became well liked and highly utilized.
- It has had a very positive overall impact on increasing finance literacy across campus, allowing units a better insight into their revenues and expenses and the overall planning process.
- It has been an essential tool during a time where the campus needed to reduce it's budget by over 100 million dollars annually. Without this product, we would not have a way to identify, track and report on our progress reducing the budget.
August 24, 2018
Great tool if you break it down!
- Easy reporting aspect of our Ledger data to show markets that we should expand into (one of the many tools used to generate for evidence.)
- Oracle General Ledger data can be tough to decipher (this tool made it much more straightforward.)
- Good high level reporting that can be generated for executive level financial information.
August 08, 2018
Robust EPM solution for big companies
- The financial closing dates at the end of the month have been reduced by 5 days across all the companies.
- The users spent less time making reports for consolidation, as they're now generated automatically.
- The use of Smartview in MS Excel allows the users to create customs reports on-the-fly.
April 06, 2018
A solid solution to deploy
- It reduced the cost for maintaining legacy systems.
- A faster, accurate and more efficient build of budgets and plans as well as provide operations departments with more-predictable forecasts.
- The software generally works well and is flexible given our business requirements.
December 13, 2017
EPM From Oracle
- Made reporting process mouse clicks vs exhaustive manual process
- Enables simplified consolidations
- Allows data transmission through out organization with ease
- Better audit trails for SOX compliance
- Dramatic reduction in complexity and time for our consolidation process
- Better control for partially owned companies. HFM has replaced lot of work that used to be manual
- We couldn’t train our users to maintain and develop new rules, so the system forced us to have a dedicated service for support and improvements
October 12, 2016
Brief Overview and Review of Hyperion EPM
- The impact on our financial reporting and financial accounting departments has been very positive.
- The team has been able to visualize the nuances of financial close management and lessen the amount of issues and errors.
- The consolidation of the data has greatly improved as well.
August 08, 2016
Oracle Hyperion Enterprise Performance Management and Me
- After initial spending on setup we have had relatively few issues with maintenance
- Catalog of reports have grown, but consistency remains
- Licensing for future Oracle products have been favorably priced
July 01, 2016
My Thoughts on Oracle Hyperion
- Best tool to manage multiple currencies to re-consolidate the accounts.
- Best tool to manage global financial data.
- Single source of truth for reporting
- Reduced financial analysis efforts/resources
May 09, 2016
Value for Money Tool for Financial Management
- It helped the key financial users to drill down to the transaction level from the Main General Ledger Accounts with ease. This helped the key finance users to have a better visibility of the transactions involved with any general ledgers.
- Though there are few limitations with the product, it has best suited our client, as their requirement very well matches with what Oracle Hyperion EPM had to offer, which means it was a value for money initiative.
Score 7 out of 10
Vetted Review
Verified User
- Using HFM has helped us to close and consolidate the books quicker while also providing the level of detail that we need for supplemental disclosures and reports to the market. What used to be a very manual process of sending spreadsheets around has become centrally managed within HFM and we are able to pull the information we need directly from it.
- Using Essbase has given our accounting teams tremendous insights into transaction details which has helped with account reconciliations and troubleshooting errors during the close process.