Not an Oracle Financials Fan; Hyperion Rocks!
September 19, 2019

Not an Oracle Financials Fan; Hyperion Rocks!

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

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
Personalized dashboards
8
Color-coded scorecards
Not Rated
KPIs
Not Rated
Cost and profitability analysis
Not Rated
Benchmarking with external data
Not Rated
Key Performance Indicator setting
Not Rated