2018-06-07T21:10:00Z

What is your primary use case for Oracle Hyperion?

Julia Miller - PeerSpot reviewer
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PeerSpot user
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27 Answers

Mohammed Ghonaim - PeerSpot reviewer
Real User
Top 10
2024-02-01T11:45:18Z
Feb 1, 2024

We use the solution for partition planning, HCM, and financial reporting.

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AP
Real User
Top 20
2023-05-15T14:00:00Z
May 15, 2023

I use it for consolidation and business planning.

GK
Real User
Top 20
2022-11-25T14:04:22Z
Nov 25, 2022

We use Hyperion for the consolidation process in our accounting department. Other departments work without our reports and analyze the information from Hyperion. The solution is deployed on-premises. We use the latest version. There are 13 people in my team who are using this solution.

Jerome Cobers - PeerSpot reviewer
Consultant
Top 10
2022-09-13T13:56:52Z
Sep 13, 2022

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

GH
Real User
Top 10
2022-06-24T19:58:00Z
Jun 24, 2022

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.

Jorge Flores Hernandez - PeerSpot reviewer
Real User
2022-06-23T19:46:00Z
Jun 23, 2022

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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DEVINDRA SINGH CHAUHAN - PeerSpot reviewer
Real User
Top 5Leaderboard
2022-06-02T07:59:00Z
Jun 2, 2022

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

GK
Real User
2022-01-28T18:19:05Z
Jan 28, 2022

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.

MG
Real User
2022-01-27T16:28:23Z
Jan 27, 2022

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.

RB
Real User
2022-01-26T20:16:41Z
Jan 26, 2022

We used It was used for budgeting, monthly management reporting, and forecasting.

EF
Real User
2022-01-13T00:16:00Z
Jan 13, 2022

We primarily use the solution for budgeting.

TH
Real User
2022-01-12T22:11:00Z
Jan 12, 2022

This solution allows our users to do quarterly budget forecasts and load information for the next one to five years.

RK
Real User
2021-12-30T09:05:00Z
Dec 30, 2021

I'm working with the customers' company.

SM
Real User
2021-12-30T09:05:00Z
Dec 30, 2021

Essentially, we use Hyperion for financial reporting and tracking.

RK
Real User
2021-12-28T19:49:00Z
Dec 28, 2021

Our primary use case for Oracle Hyperion was planning and budgeting. My role in the company is on the support side.

BR
Real User
2021-12-27T19:13:00Z
Dec 27, 2021

Hyperion is a business analytics product. In addition to analytics. it calculates all the sales data and audits everything as well.

SR
Real User
2021-11-04T15:43:00Z
Nov 4, 2021

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.

DH
Real User
2022-02-16T14:51:13Z
Feb 16, 2022

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.

AltairRibeiro - PeerSpot reviewer
Real User
2022-01-26T16:42:33Z
Jan 26, 2022

I use Hyperion for BI and BPM planning.

Gaetan COURTEL - PeerSpot reviewer
Real User
2022-01-26T12:45:37Z
Jan 26, 2022

Oracle Hyperion is useful for financial reporting and budgeting. This solution is deployed on-prem.

AM
Real User
2022-01-05T07:32:45Z
Jan 5, 2022

We're using the product for our OPEX planning and CapEx planning. We use it for the budget cycle.

RC
Consultant
2022-01-05T07:28:34Z
Jan 5, 2022

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.

BW
Real User
2021-11-24T23:08:01Z
Nov 24, 2021

We use the solution for financial reporting and planning.

GG
Real User
2021-11-04T18:57:00Z
Nov 4, 2021

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.

DL
Real User
2020-09-16T08:18:28Z
Sep 16, 2020

I've been involved in implementing the solution for past clients.

MC
Consultant
2018-11-16T14:19:00Z
Nov 16, 2018

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.

IP
User
2018-06-07T21:10:00Z
Jun 7, 2018

Our primary use is for Enterprise Performance Management (in most cases), planning and budgeting, and as a reporting/allocation tool.