Item: Oracle Hyperion
Rating: 6
Author: Verified User

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.

Pros and Cons

Oracle Hyperion is great for making monthly or yearly financial planning
It's great for analyzing different types of financial data
Ad-hoc reports can be created easily

Hyperion is difficult to update and maintain
Training for how to use Hyperion is difficult
It is not a mobile application that can be used anytime anywhere
Configuring for an user can be difficult

Return on Investment

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.

Alternatives Considered

Phocas Business Intelligence

Hyperion makes it easier to create reports based on the data available on Hyperion. However is Phocas is better for drilling down information and it is also much more mobile.

Other Software Used

Phocas Business Intelligence, Tableau Desktop, Microsoft Power BI

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.

Oracle Hyperion Enterprise Performance Management Review

Overall Satisfaction with Oracle Hyperion Enterprise Performance Management