Robust EPM solution for big companies
August 08, 2018
Robust EPM solution for big companies
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Oracle Hyperion Enterprise Performance Management
We currently use Hyperion Financial Management for consolidating financial information for multiple companies from several countries at the end of each month, to obtain consolidating balances. We also use Hyperion Planning, which also consolidates the information at the end of each month, but with this module we can compare budget vs real data scenarios with cost accounting filters.
- The web access for the application is really good. you can access trough any web browser to your scenarios.
- The native integration with smart view for MS Excel is excellent. A really nice tool for reporting.
- the approval procedures and the user security functionality is pretty nice.
- Sometimes the error handling is not the best it could be. Some more error detail could come handy sometimes.
- Although it has a very user friendly interface, the technical aspects (such as configuration and management) can improve a bit.
- The product is a little bit expensive.
- 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.
- SAP BPC (Business Planning and Consolidation)
When we were trying to decide between Oracle Hyperion and SAP BPC, the cost and functionality were pretty much the same between both products, but we decided for the Oracle solution as it was better positioned in the Gartner Magic Quadrant for consolidation softwares, and some users in the group had previous experience with it.