Not an Oracle Financials Fan; Hyperion Rocks!
Anonymous | TrustRadius Reviewer
September 19, 2019

Not an Oracle Financials Fan; Hyperion Rocks!

Score 7 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Oracle Hyperion Enterprise Performance Management

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.
  • It was easy to consolidate financial data from multiple domestic and foreign offices.
  • Training other colleagues in other offices for using the software was easy.
  • We could easily send the consolidated financial data to our C-suite executives and it looked really readable for them to understand the data.
  • If there are ways to transfer data into the Hyperion software from other software applications (MS Excel) that would be ideal.
  • It would be wonderful if data from Hyperion could be downloaded directly into an attachment which can be emailed to other financial colleagues.
  • It would be great to be able to toggle between various currencies to make it easier for financial staff to understand the impact that some management decisions would make.
  • 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
Hyperion was easier to use and learn and problem solve issues than Oracle Financials
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.

Oracle Hyperion Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
8
Forecasting
6
Scenario modeling
Not Rated
Management reporting
9
Financial data consolidation
10
Journal entries and reports
8
Multi-currency management
Not Rated
Intercompany Eliminations
7
Minority Ownership
Not Rated
Local and consolidated reporting
10
Detailed Audit Trails
Not Rated
Financial Statement Reporting
10
Management Reporting
9
Excel-based Reporting
Not Rated
Automated board and financial reporting
8
XBRL support for regulatory filing
Not Rated
Personalized dashboards
8
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated
Pixel Perfect reports
Not Rated
Customizable dashboards
Not Rated
Report Formatting Templates
8
Drill-down analysis
8
Formatting capabilities
8
Integration with R or other statistical packages
Not Rated
Report sharing and collaboration
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Pre-built visualization formats (heatmaps, scatter plots etc.)
Not Rated
Location Analytics / Geographic Visualization
Not Rated
Predictive Analytics
Not Rated
Multi-User Support (named login)
5
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Single Sign-On (SSO)
Not Rated
Responsive Design for Web Access
Not Rated
Dedicated iOS Application
Not Rated
Dedicated Android Application
Not Rated
Dashboard / Report / Visualization Interactivity on Mobile
Not Rated