Hyperion Financial Management (HFM)

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.

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.

Oracle Hyperion Financial Management can reduce consolidation and reporting cycles by days or weeks. By minimizing the need to enter, check, and double-check actual results, the finance team can spend more time on forward-looking activities.


Key features:

  • Global consolidation features
  • Scalable web architecture
  • Unlimited dimensionality
  • Complete audit trails
  • Powerful reporting and analysis tools
  • Robust data integration
  • Mobile device reviews and approvals

Key Benefits:

  • Reduce consolidation, close, and reporting cycles by days or weeks and deliver timely results internally and externally
  • Serves as a single version of truth for financial reports to meet managerial as well as regulatory reporting requirements
  • Reduce compliance costs through automated and preventative controls by supporting the stipulations for SOX and other regulatory requirements
  • Maintain a regulatory filing to general ledger audit trail, providing confidence in the financial results
  • Conduct in-depth analysis of key performance and operational metrics easily
  • Discover new sources of profitability and cash flow by company, product, brand, and customer segment
  • Realize new benefits quickly with packaged regulatory reporting functionality
  • Add the capabilities of a comprehensive suite of enterprise performance management applications as needs and budgets dictate

  • "WizProTek combines techno functional expertise with best practices to provide out of the box solutions be it for consolidation and reporting, planning and budgeting or even multi gaap convergence and compliance ."

  • "We work extensively with clients to help them address their long term as well as medium term planning challenges."

  • "We have a rich experience in implementing IFRS compliant reporting solutions. We have partnered with several significant corporations during their initial IFRS convergence as well as subsequent reporting under IFRS environment."