Take a Look at HFM Architecture

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December 23rd, 2016


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#6

Hyperion Financial Management Architecture was the sixth most popular in our Top 10 Blog posts of 2016 series, by Brian Willson.

Whether you are in the process of selecting a tool for your organization’s consolidation and reporting needs, conceptualizing the application design for an in-progress implementation, or familiarizing yourself with an application already in place, there are some key things you need to know about Oracle Hyperion Financial Management (HFM).

HFM is a consolidation tool that has the capability for currency translations, intercompany balance eliminations, cost allocations and multiple consolidation methods. It also allows users to view additional detail behind balances but it does not store transaction level detail. I will talk about additional detail under the “fifth thing.”

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