Oracle Hyperion Financial Management is a financial consolidation and reporting application 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.
Many finance executives face the daunting task of consolidating their organizations’ financial and operating results using spreadsheets that are difficult to maintain and audit. Some are encumbered with custom reporting solutions that don’t scale or address global requirements, while others are dependent on general ledger-based approaches that can’t pull data from numerous transactional systems without significant IT support. A Single version of the truth — one view of financial and operational results integrated from multiple systems is crucial for analyzing business operations.