HFM Demo (1)

          

Introduction to Hyperion What is BI, BPM & EPM Categories of EPM HFM HFM Architecture Features of HFM Data Storage in HFM Data & Meta Data Other Consolidation Tools Application Creation Conclusion





Hyperion is an EPM system with Business Intelligence (BI) and Business Performance Management (BPM ) Tool It has applications for Planning, consolidation, scorecarding, reporting, dashboards, Analysis, Workspace, Master Data Management and Foundation.



BI tools enable organizations to analyze high volumes of information in order to have effective support during the decision-making process.



is a set of management and analytic processes that enable the management of an organization's performance to achieve one or more preselected goals.



(EPM) is a management field of Business Performance  Management which considers the visibility of  operations in a closed-loop model across all facets of the enterprise.

EPM (OLAP) Application

HFM Planning

Reporting

Data Management

IR FR Web Analysis Essbase

ODI FDM DRM



Oracle Hyperion Financial Management is a comprehensive, Web-based application that delivers global financial consolidation, reporting and analysis in a single, highly scalable software solution.

 

 



Close Life Cycle Process management for tight control of the review and approval process Data Validation, Auditing. Currency translation to support multiple local currencies Automatic eliminations for intercompany transactions



sub cubic format.



Dimensions



There are 12 dimensions for every HFM application



Eg: Dimension names, Member names ,Properties ,Exchange Rates and security





Spreadsheet-based solutions are difficult to maintain and do not provide an audit trail. Auditors agree that spreadsheets are insufficient for financial consolidation and reporting today. Point solutions for financial consolidations are built only for the statutory reporting process and are generally used by only a limited number of employees in the accounting department.

5 steps for creating Application.  Creating Application Profile. (Year, Period, View)  Creating Application.  Managing Application Security.  Managing Metadata.  Load Data, Data Forms, Member Lists, Rules,  Journals, ICP to the Application.

Financial closing & consolidation ->OLAP solution  Extended Analysis  Reporting Solutions HFR,I.R,Web-analysis. ->Rules are written in Visual Basic script to create calculations in HFM. ->HFM Consolidate the data and use Data management tool for loading the data like FDQM,ODI,DRM. ->