Senior Consultant at Velocity Technology Solutions
Real User
Top 10
2023-02-01T12:08:14Z
Feb 1, 2023
The cost is a factor if a company wants to use this solution. They need to make sure they have a budget in place. For a large-scale organization, it may come at a moderate cost.
Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. 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.
It is a fairly expensive solution.
The tool's licensing model is costly since it's based on the number of users.
The cost is a factor if a company wants to use this solution. They need to make sure they have a budget in place. For a large-scale organization, it may come at a moderate cost.
Oracle HFM uses the named user licensing model. There's different pricing depending on HFM and Essbase planning.