HYPERION FINANCIAL MANAGEMENT

Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology and designed to be used and maintained by the finance team. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.

With Oracle Hyperion Financial Management—part of Oracle’s Hyperion Financial Close Suite —organizations can improve their consolidation and reporting process and reduce internal control risks. Financial managers move from the role of scorekeeper to one of business partner—delivering financial and non-financial analysis that supports strategic and operational management decisions. With purpose-built features, Oracle Hyperion Financial Management is the cornerstone of sustainable compliance frameworks and helps businesses comply with the many different and stringent regulatory reporting regulations.

Unlike solutions that depend on particular transaction systems or “all-in-one”applications that focus unsuccessfully on many different business processes, Oracle Hyperion Financial Management provides enterprise-class functionality and depth in consolidation and reporting. In addition, the module is used and maintained by finance professionals—unlike data warehouse and other enterprise reporting solutions that usually require IT customization and support.

Customers can also extend the information included in Oracle Hyperion Financial Management through the tight integration with Supplemental Detail Manager (part of Oracle Financial Close Management). The integration provides the ability to include more granular detail needed for statutory reporting such as investment details (coupon rate, instrument, maturity date, etc).