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Oracle Hyperion Primary Use Case

Gene Hammons - PeerSpot reviewer
Director at ProfitFromERP

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.

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EF
FVP Business Unit Financial Officer - Commercial Banking at a financial services firm with 501-1,000 employees

We primarily use the solution for budgeting. 

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GK
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.

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Buyer's Guide
Oracle Hyperion
September 2022
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: September 2022.
634,590 professionals have used our research since 2012.
Jorge Flores Hernandez - PeerSpot reviewer
Oracle Essbase Administrator at Penoles

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.

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DH
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.

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DEVINDRA SINGH CHAUHAN - PeerSpot reviewer
Data Engineering Manager (Big Data & Analytics) at NCR Corporation

We use this solution primarily for financial planning and forecasting, to determine how much cash flow is required on a monthly basis.

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Jerome Cobers - PeerSpot reviewer
Senior HFM Consultant at Inplenion

We are using it for cloud functionality and the accessibility of the service as a solution to a wider audience.

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AM
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. 

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MG
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.

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Rifat Cakirbas - PeerSpot reviewer
Principal EPM Consultant at a consultancy with 51-200 employees

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.

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Gerard Gibney - PeerSpot reviewer
President/ CEO at Redhill Business Analytics

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.

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RK
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.

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SR
Senior Hyperion Consultant at a computer software company with 1,001-5,000 employees

My primary use case of this solution is as a full EPM shop, with HFM ,planning and FDMEE reports, as well as all the features available under the EPM umbrella.

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RK
Assistant Production Manager at a manufacturing company with 10,001+ employees

I'm working with the customers' company.

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BR
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. 

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SM
Hyperion - Financial System Analyst at a venture capital & private equity firm with 10,001+ employees

Essentially, we use Hyperion for financial reporting and tracking.

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RB
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.

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TH
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.

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Gaetan COURTEL - PeerSpot reviewer
Finance Information System Project Manager at a transportation company with 10,001+ employees

Oracle Hyperion is useful for financial reporting and budgeting. 

This solution is deployed on-prem. 

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MichelCote - PeerSpot reviewer
Senior Consultant at Coçyl Services Conseils

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.

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AltairRibeiro - PeerSpot reviewer
Oracle Hyperion Specialist at a financial services firm with 10,001+ employees

I use Hyperion for BI and BPM planning. 

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BW
Lead of Business Intelligence at a energy/utilities company with 10,001+ employees

We use the solution for financial reporting and planning.

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Buyer's Guide
Oracle Hyperion
September 2022
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: September 2022.
634,590 professionals have used our research since 2012.