Oracle Hyperion (legacy) Reviews and Ratings

Use Cases and Deployment Scope

we are using Oracle Oracle Hyperion Enterprise Performance Management for financial Close and Planning. We have merged with 6 other companies and needed a consolidated ledger. Financial Close offers that and our planning process is made easier across the divisions with Planning

Likelihood to Recommend

Because it is a full suite of business processes, you can do most types of planning and financial close. It has processes for Financial, cash flow, Workforce, CapEx, project and strategic planning. It does not have anything for production planning

Use Cases and Deployment Scope

The Hyperion Enterprise Performance Management software is being used by the Finance Department. It particularly serves the company in financial reporting and data analysis for our finance directors and CFO. The Business Problems it addresses are gathering and summarizing information for multiple locations (domestic and foreign offices) to be used at headquarters.

Likelihood to Recommend

Well suited: For use in multiple offices around the world. I was able to obtain financial reporting data from 5 foreign offices and then consolidate their data with 3 domestic USA offices to prepare a consolidated financial statement.

Less Appropriate: Translating the financial value for consulting services could be a bit challenging because that required human interaction and judgement. It would have been great to be able to set up some software to be able to interpret this and let it run for all future project work revenue projection.

Use Cases and Deployment Scope

Brinks uses multiple Hyperion suite of products across entire organization. HFM is used globally to consolidate all data from different ERP systems and also uses Planning applications in multiple regions to do accurately project the forecast of the financials so the data can be used to plan for workforce and Capital spending and organization can work towards the goal of achieving Planned numbers. The planning application is widely used for Actuals reporting and comparing Actuals Vs Plan and Rolling forecast so that it can address immediate short term and long term needs and provide the roadmap.

Likelihood to Recommend

Best suited for Consolidations

Best suited for Planning and Forecasting

Best suited for analytical reporting

Not for Visual graphical reporting

Use Cases and Deployment Scope

We use Oracle Hyperion Enterprise Performance Management in the financial planning and analysis unit of our company. In it, we have access to expenses and FTE reports. It helps us with up to date and past analysis on our budget versus actuals and FTE change with respect to expenses. We utilize it through Excel and Workspace online.

Likelihood to Recommend

When you want to access past reports to make modifications and changes, Hyperion has it all stored on the Workspace (at least for my company) so I find it efficient to use in that scenario. When you want to access something very specific, Hyperion's ability to modify the data to get your exact results is also well suited for data extraction.

Use Cases and Deployment Scope

Oracle Hyperion is used for planning purposes across the whole organization for budgeting and forecasting, both as a top-down and a bottom-up mechanism. Planning is a key global mandate for measuring and evaluating the successful performance of our organization, which is accomplished successfully by Oracle Hyperion Enterprise Performance Management.

Likelihood to Recommend

It is particularly well utilized for the Income, Cash flow, and employees components, which can be very helpful for the accounts dimension for planning the nature of financial data. The MTD, QTD, YTD components are great for utilizing the view dimension for analyzing the data. Lastly, pre-eliminated, eliminated and post-eliminated dimensions are great for consolidated dimensions.

Use Cases and Deployment Scope

Oracle Hyperion is used in our accounting and finance department to check and audit financial data. Hyperion makes it easy to compare financial data from different regions and departments for each and every month and year. Hyperion can also be exported for financial analysis in Excel. The data gathered from Hyperion is accurate and decreases the use of many different spreadsheets.

Likelihood to Recommend

Hyperion is great in what it does. It allows user to view different financial data in one single location. The data from Hyperion can be used to create reports easily. It is also useful for making changes to financial plans. However, Hyperion is hard to maintain and configure. It's hard to maintain Hyperion without proper training and configuring Hyperion for users is not easy. Hyperion is also not very mobile. It's not possible to use it anywhere with proper configuration.

Use Cases and Deployment Scope

I have been using the BI tools within Hyperion since it was still Brio. Very powerful, yet easy to use GUI tools to help develop reporting, dashboards and more. Used for data management, integration feeds, and ad-hoc queries also. Quite simply, an easy way to access and manipulate your data. We use it in almost every aspect of our business for analysis and operational tools.

Likelihood to Recommend

Well suited for mid-large scale operations that can afford it. As a small to mid-sized company, we love the software but struggle with the expense. It would be great to see the possibility of a scaled down version for a reduced cost someday. Any business that needs to manage and access their data could benefit.

Use Cases and Deployment Scope

Hyperion, in general, is an enterprise application. Hence the Enterprise portion of the name Hyperion Enterprise Performance Management (EPM). It addresses multiple business problems as the toolset itself ranges from metadata management to consolidation close. Essbase and Planning are the most widely used applications from the EPM stack of tools. Essbase is a powerhouse of the tool giving you a multidimensional look at the data within the enterprise landscape.

Likelihood to Recommend

There are way too many scenarios that EPM could well suited for. It's a suite of applications. You can do dang near anything you need.

Where is doesn't excel because it shouldn't is interfacing with ERP systems. This will always be an issue as the developers of the ERP systems are never in touch with the developers of EPM.

Use Cases and Deployment Scope

Oracle Hyperion Enterprise Performance Management is used by our organization to meet global consolidation and reporting needs. All business verticals are consolidated for all geographies worldwide using Hyperion. Due to the complex multiple ERP landscape, Hyperion provides unified financial information across the organization consolidating the data from multiple ERP systems. The ease of use of the application coupled with the smart view excel add-in functionality for reporting makes it a favorable choice for 1000s of finance users using this product globally. The application is mostly managed by finance providing very quick turnaround for the finance community to meet their reporting requirements. With tight integration with ERP's, the financials are reported in Hyperion near real-time during month end, facilitating smooth close of the financials. Managing master data is also very straight forward and easier with Hyperion. The Reporting Studio provides fully formatted reports to be published to the top management, while smart view with ad-hoc and function builder capabilities meets the needs of the finance operation users in the business units.

Likelihood to Recommend

A global company of our scale and operations covering more than 60 countries requires a robust consolidation and reporting tool that can integrate various business verticals and provide timely and accurate financial results to all levels of the management for decision making and control. Hyperion is well suited for our reporting requirements, given its flexibility to handle matrix organization reporting with alternate hierarchies. Though Hyperion can handle capabilities like currency revaluation and translation, we are not using these features in our organization as they are performed in the ERP itself.

Use Cases and Deployment Scope

Oracle Hyperion is being used across the entire company. It is also used by our finance team extensively.

Likelihood to Recommend

I implement and maintain the Oracle Hyperion infrastructure (RDBMS database, ESSBASE database, application servers, etc). I don't manage the internals of the Hyperion application as an end user so I don't know the use cases from that perspective. I do know that our company heavily relies on it for analyzing and consolidating critical financial data, and closing our books.