TopDown Blog

Tag: Hyperion Financial Management

Data Validations Leading Practices

By on August 9th, 2017

Over my 15 plus years of consulting, one of the great constants in working with Oracle Hyperion EPM is that you cannot hide from data validations.  It must be done.  One of the eternal questions is:  “Does the data tie out?”  And of course, we know that the answer must always be an affirmative.  In…

An Alternative Solution for Dynamic Organization Roll-up

By on July 14th, 2017

Clients often ask for the ability to report historical data the way it was reported organizationally at that previous point in time as well as to report current data in a different organizational view at the current point in time. I call this a dynamic organization roll-up when you need to freeze history in its own view(s) and see current period(s) in a different view.

Oracle ARCS: The Essential Overview

By on February 27th, 2017

In this blog post, we’re looking at Account Reconciliation Cloud Services, or ARCS, the cloud version of Account Reconciliation Manager (ARM). ARCS is a cloud-based solution designed to bring automation and controls to the account reconciliation process. Unlike some of the other members of the EPM Cloud Suite, ARCS currently has the majority of the functionality found in the on-premise version.

Consolidations in Oracle Hyperion Financial Management

By on January 23rd, 2017

In the world of corporate financial reporting, what are consolidations? And what is Oracle Hyperion Financial Management (HFM)? This case study answers these questions and demonstrates how HFM is the best solution for providing Profit & Loss statements, Balance Sheet reports, Cash Flow statements, and other related company financial reports.

FCCS & HFM – Similarities & Differences

By on January 16th, 2017

At first glance, FCCS would seem substantially different from HFM. The Simplified interface looks nothing like the traditional HFM workspace interface. When taking a closer look, however, especially when considering the design of the dimensionality, you’ll see that FCCS is a very close relative of HFM. As Oracle continues to increase the features and functions of FCCS, the two seemingly different applications will move closer and closer in comparison.

Take a Look at HFM Architecture

By on December 23rd, 2016

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 Admins – It’s Time to Care About BEPS

By on August 3rd, 2016

BEPS stands for Base Erosion and Profit Shifting. BEPS is a tax avoidance strategy used by multinational companies. The goal is to move profits from jurisdictions that have high taxes to jurisdictions that have low taxes. This is important to HFM Administrators because the final BEPS report contains a new Country-by-Country reporting requirement for large multi-national companies.

How to Design the HFM Application to Store Permanent Data

By on April 27th, 2016

Many people are looking for a way to get their Hyperion consolidation application to permanently store data. The commonality in this situation is they have a consolidation process that involves using the HFM application to make topside adjustments in the form of journals. This blog post discusses how the the use of the “Data Type” custom dimension mitigates the loss of traceability of source system data, enhancing the HFM application to store permanent data.

How to Make Your Period Dimension Represent Two Different Fiscal Calendars

By on March 15th, 2016

It happens quite frequently that companies change their fiscal calendar. So how do you create the consolidation solution in Hyperion EPM that is most adaptable to a fiscal calendar change? I recommend building your Period dimension in Hyperion metadata to use generic labeling.

Hyperion Financial Management (HFM) Architecture

By on January 27th, 2016

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).

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