Oracle Hyperion Primary Use Case
My company is called ProfitFromERP. We help people select and implement ERP solutions. I don't personally use Hyperion day to day, but have clients who've selected and grown with the program. Hyperion historically has been a high-end tool for financial planning and analysis groups who want to create things like forecasting models and work with real-time data and events in-progress to update rolling forecasts.
Hyperion is useful for advanced financials, reconciliations, and other things that traditional accounting and reporting solutions don't do. Some people use it for their SEC reporting and things like that. Others are trying to compile data from multiple sources - various databases and transactional systems.
For example, we've got hockey teams that cross-reference ticket data and information from third-party concession stands to get a complete picture of what's happening in their entire stadium. It provides them with real-time information from point of sale systems, Ticketmaster, and gate scanning systems, all so they can optimize staffing in every section and maximize revenues by having the right staff in the right place.View full review »
FVP Business Unit Financial Officer - Commercial Banking at a financial services firm with 501-1,000 employees
We primarily use the solution for budgeting.
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees
This solution has evolved in the last few years. We were using Hyperion, so there was data coming in from other systems into Hyperion. When we were using the on-premises system, we were just moving data from one ERP, e.g. Oracle ERP. When we moved Oracle Hyperion to the Cloud, we brought data from more than one system, e.g. we also brought data from SAP.
We use Oracle Hyperion for consolidation and everything's done on it, but in the past, we did our consolidation in Oracle ERP.View full review »
At our organization, the solution is deployed on-premises. We work in the mining business, and a lot of restructuring needs to be translated into our planning. We have a lot of cubes in Oracle Hyperion, and we manage a lot of business units. The primary use case is to translate our processes and environment into forecasts and budgets.View full review »
Manager, Hyperion Applications at a manufacturing company with 5,001-10,000 employees
We use Hyperion for budgeting and forecasting. We provide CC guidance through that application. We use the Hyperion HFM for our consolidations worldwide.
We're on 11.2.4, and we're going to patch to 11.2.6.View full review »
We use this solution primarily for financial planning and forecasting, to determine how much cash flow is required on a monthly basis.View full review »
We are using it for cloud functionality and the accessibility of the service as a solution to a wider audience.
Manager Business System at a non-tech company with 1,001-5,000 employees
We're using the product for our OPEX planning and CapEx planning. We use it for the budget cycle.View full review »
Hyperion Suite Manager at a construction company with 10,001+ employees
We use HFM as a consolidation tool because we own several different companies, and we consolidate up to the eliminations and allocations through Oracle Hyperion. Additionally, we use it to help us with foreign currency, and then we use planning for forecasting and capital five-year plan projections.
We are upgrading Oracle Hyperion to 11.2.5.View full review »
We are system implementors and this is one of the products that we provide to our clients. We implement solutions according to the client's requirements.
The latest use case that I worked on was in the banking sector.View full review »
Hyperion is a planning and budgeting solution for large enterprises.
On-premise, we have anywhere from 10 to 50 users. Clients are moving to the cloud versions of the software. Although we do on-premise, we also do the new cloud versions, which is called EPBCS, or Enterprise Planning and Budget Cloud Service. The market is moving away from the on-premise version.View full review »
Oracle Specialist at a government with 5,001-10,000 employees
Our primary use case for Oracle Hyperion was planning and budgeting.
My role in the company is on the support side.View full review »
Senior Hyperion Consultant at a computer software company with 1,001-5,000 employees
Assistant Production Manager at a manufacturing company with 10,001+ employees
I'm working with the customers' company.View full review »
senior system integrator at a retailer with 10,001+ employees
Hyperion is a business analytics product. In addition to analytics. it calculates all the sales data and audits everything as well.View full review »
Hyperion - Financial System Analyst at a venture capital & private equity firm with 10,001+ employees
Director Enterprise Applications and eBusiness at a retailer with 5,001-10,000 employees
We used It was used for budgeting, monthly management reporting, and forecasting.View full review »
Senior Hyperion Consultant at a financial services firm with 10,001+ employees
This solution allows our users to do quarterly budget forecasts and load information for the next one to five years.View full review »
Oracle Hyperion is useful for financial reporting and budgeting.
This solution is deployed on-prem.View full review »
Centralization of the budgeting process. Our company was using Excel spreadsheets to capture all the managers' spreadsheets. They kept being changed by the managers and were never actually frozen in time. Very hard for top management to freeze the budgets.View full review »
I use Hyperion for BI and BPM planning.View full review »
Lead of Business Intelligence at a energy/utilities company with 10,001+ employees
We use the solution for financial reporting and planning.View full review »