Oracle HFM Reviews

The data consolidation engine is outstanding in terms of speed and functionality. The ability to code the rules used for consolidation and calculation, makes the software fit both simple and very complex consolidation structures.

We are able to do on-demand consolidations of our full dataset – both financial and non-financial – across more than 250 subsidiaries with different ownership structures. To run a consolidation of our full dataset takes approximately 45 seconds.

The user interface for data entry (forms) is very primitive – and lacks common Windows functionality such as copy/paste functions. We hardly use forms anymore due to end-user convenience, and have automated dataloads through system-to-system interfaces as well as data entry through Hyperion SmartView addin in MS Excel.

Four years

The software is designed for very large organizations –it doesn’t really give meaning unless you are consolidating more than 100 subsidiaries.

We have had many tickets running with support at Oracle on the system – sometimes we have been missing a more proactive approach, but in general as expected.

We have had many tickets running with support at Oracle on the system – sometimes we have been missing a more proactive approach, but in general as expected.

The key to success with HFM is well coded rules – I have met many analysts working with HFM and finding the software slow and painful, which is caused by the rules not being written correctly.