Director at a photography company with 11-50 employees
Real User
Top 10
2024-09-23T09:52:00Z
Sep 23, 2024
I would still recommend Oracle HFM to others. Over 75% of the FTSE 100 are using Hyperion for their reporting, budgeting, and forecasting. That speaks volumes. Any organization in the FTSE 100 or Nasdaq, having done their due diligence and selected it, signifies its value. I'd rate the solution nine out of ten.
Oracle HFM presents a viable solution, but it is essential to consider specific requirements and potential challenges when choosing between Oracle and other platforms like SAP SuccessFactors. Overall, I would rate Oracle HFM as an eight out of ten.
Senior Consultant at Velocity Technology Solutions
Real User
Top 5
2023-02-01T12:08:14Z
Feb 1, 2023
We are the point of contact for the end users, which means we support the end users and those who are loading the data into the HFM. If they face any glitches in the system, they raise an incident, and we resolve it for them. We're like a service partner. If a company wants to use the product, they need to ensure they have the funding needed. However, I would recommend it as an ERP option to others. I'd rate the solution eight out of ten. It's user-friendly and easy to understand.
Hyperion Administrator at a mining and metals company with 10,001+ employees
Real User
2022-01-28T21:19:27Z
Jan 28, 2022
I would rate this solution 8 out of 10. My advice would be to implement the cloud version, mainly from the perspective that it gets more frequent updates. One issue that we've had is if you aren't forced to do the updates, you probably aren't going to do the updates. Then you kind of just fall behind with the features and bug fixes. Beyond that, I think the design is very critical to ensure that it's scalable. You have to design it the right way.
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees
Real User
2022-01-28T18:54:06Z
Jan 28, 2022
I would rate this solution 9 out of 10. HFM is a nine because it's a consolidation tool that is unique in itself and caters to other technologies. That's why it's one of the rare tools in terms of bringing data together and for management reporting. If you look at the market, even if people complain that Hyperion doesn't work to their expectation or something, it is not a one-size-fits-all tool. You have to configure the tool to your needs. It's still very well designed.
Hyperion Suite Manager at a construction company with 10,001+ employees
Real User
2022-01-27T15:42:27Z
Jan 27, 2022
Deployment and maintenance for Oracle HFM is done in-house in our organization, and we have an admin for each application, e.g. there are separate admins for HFM (Hyperion Financial Management), FDM (Financial Data Quality Management), Planning (Hyperion Planning), and FR (Financial Reporting). My knowledge is wide, but not deep, compared to the admins who have wider and deeper knowledge. My rating for Oracle Hyperion Financial Management is a nine out of ten, especially because it's more stable. The issues we usually get are from the Planning and Financial Data Quality Management solutions of Oracle, not the HFM.
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.
I would still recommend Oracle HFM to others. Over 75% of the FTSE 100 are using Hyperion for their reporting, budgeting, and forecasting. That speaks volumes. Any organization in the FTSE 100 or Nasdaq, having done their due diligence and selected it, signifies its value. I'd rate the solution nine out of ten.
Oracle HFM presents a viable solution, but it is essential to consider specific requirements and potential challenges when choosing between Oracle and other platforms like SAP SuccessFactors. Overall, I would rate Oracle HFM as an eight out of ten.
I rate the overall product a seven out of ten.
We are the point of contact for the end users, which means we support the end users and those who are loading the data into the HFM. If they face any glitches in the system, they raise an incident, and we resolve it for them. We're like a service partner. If a company wants to use the product, they need to ensure they have the funding needed. However, I would recommend it as an ERP option to others. I'd rate the solution eight out of ten. It's user-friendly and easy to understand.
I would rate this solution 8 out of 10. My advice would be to implement the cloud version, mainly from the perspective that it gets more frequent updates. One issue that we've had is if you aren't forced to do the updates, you probably aren't going to do the updates. Then you kind of just fall behind with the features and bug fixes. Beyond that, I think the design is very critical to ensure that it's scalable. You have to design it the right way.
I would rate this solution 9 out of 10. HFM is a nine because it's a consolidation tool that is unique in itself and caters to other technologies. That's why it's one of the rare tools in terms of bringing data together and for management reporting. If you look at the market, even if people complain that Hyperion doesn't work to their expectation or something, it is not a one-size-fits-all tool. You have to configure the tool to your needs. It's still very well designed.
Deployment and maintenance for Oracle HFM is done in-house in our organization, and we have an admin for each application, e.g. there are separate admins for HFM (Hyperion Financial Management), FDM (Financial Data Quality Management), Planning (Hyperion Planning), and FR (Financial Reporting). My knowledge is wide, but not deep, compared to the admins who have wider and deeper knowledge. My rating for Oracle Hyperion Financial Management is a nine out of ten, especially because it's more stable. The issues we usually get are from the Planning and Financial Data Quality Management solutions of Oracle, not the HFM.