Oracle Hyperion Financial Close Suite has the Oracle Hyperion Smart View for Microsoft Office add-in which supports dynamic calls from Microsoft Word into Oracle Hyperion Financial Management. Traditional transaction-based systems (ERP or GL systems) were not designed to support performance management processes.

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In respect to this, what is Hyperion software used for?

Oracle Hyperion Financial Management is a comprehensive, Web-based application that delivers global financial consolidation, reporting and analysis in a single, highly scalable software solution.

Also Know, what is Hyperion Planning? Oracle Hyperion Planning is a centralized, Excel and Web-based planning, budgeting and forecasting solution that integrates financial and operational planning processes and improves business predictability.

In this regard, is Hyperion a database?

The database that allows you to access data very quickly is Hyperion. It aims to support improved business decision-making and Business Intelligence. Therefore, a BI system can be titled as a decision support system (DSS).

What is Hyperion financial reporting?

Oracle Hyperion Financial Reporting, Fusion Edition (Financial Reporting) enables book-quality financial management and reporting targeted at meeting the unique requirements of the Finance department or any functional area that requires very highly formatted multidimensional reporting.

Related Question Answers

Is Essbase a relational database?

Essbase is a multidimensional database management system (MDBMS) that provides a multidimensional database platform upon which to build analytic applications. Essbase, whose name derives from "extended spreadsheet database", began as a product of Arbor Software, which merged with Hyperion Software in 1998.

What does HFM mean in accounting?

Oracle Hyperion Financial Management

Is Hyperion easy to learn?

Hyperion Essbase is a simple tool, you do not write any complex code. It is almost like creating excel reports. It is easy to learn and all you need is basic knowledge of computers. It is a simple and user friendly tool.

What does HFM mean?

HFM

Acronym	Definition
HFM	Hyperion Financial Management (Oracle)
HFM	Holy Family Memorial (Manitowoc, WI)
HFM	Hiroshima FM (Frequency Modulation; radio station; Japan)
HFM	Hedge Fund Manager (investing)

Is Hyperion owned by Oracle?

Oracle buys Hyperion for $3.3 billion. Hyperion's business intelligence and financial planning tools could be a lever to help pry customers from SAP. Oracle announced Thursday that it has agreed to buy Hyperion Solutions for $3.3 billion, in a move to expand in the area of performance management systems.

What is Hyperion EPM?

Oracle Hyperion Enterprise Performance Management Suite Oracle is the leader in Enterprise Performance Management (EPM), unifying Performance Management and Business Intelligence (BI), to support a broad range of strategic, financial and operational management processes.

What is meant by EPM?

Enterprise Performance Management (EPM) is a type of business planning that relates to business intelligence (BI), which involves evaluating and managing performance for an enterprise to reach performance goals, enhance efficiency or maximize business processes.

What does EPM stand for in finance?

Enterprise Performance Management

Why do you get Hyperion?

The main purpose is to help the mid and top level management to gain insight into the relevant tasks like budgeting, forecasting, financial consolidation, profitability analysis, etc. Hyperion applications helps to build complex and automated business logic that allows to perform tasks with ease.

When was Hyperion created?

Hyperion (comics)

Hyperion
First appearance	(Zhib-Ran): The Avengers #69 (Oct. 1969) (Mark Milton): Avengers #85 (Feb. 1971) (Squadron Supreme's Mark Milton):Supreme Power #1 (Oct. 2003) (Marcus Milton): Avengers Vol 5 #1 (Dec. 2012)
Created by	Roy Thomas (writer) Sal Buscema (artist)
In-story information

What is Hyperion Data?

Oracle Hyperion Data Integration Management (Data Integration Management) software is a data integration platform that enables companies to access, integrate, transform, and move virtually any type of data between Hyperion and virtually any system, in virtually any frequency, and in virtually any format, thereby

Who owns Essbase?

Oracle

What is Hyperion Essbase and Planning?

Hyperion Planning is an application that sits on top of the Essbase OLAP server and is used by organizations to perform planning and budgeting. Hyperion Planning itself is a web-based application that sits in an application server between the Essbase database and the client tools that work with it.

Is SAP a Hyperion?

Hyperion Solutions was formed from the merger of Hyperion Software (formerly IMRS) and Arbor Software in 1998.

Oracle Hyperion.

Type	Subsidiary
Traded as	(NASDAQ: HYSL)
Industry	Business Performance Management and Business Intelligence
Fate	Acquisition
Founded	1981

What does the word Hyperion mean?

In Greek mythology, Hyperion (/ha?ˈp??ri?n/; Greek: ?περίων, romanized: Hyperíōn, "The High-One") was one of the twelve Titan children of Gaia (Earth) and Uranus (Sky) who, led by Cronus, overthrew their father Uranus and were themselves later overthrown by the Olympians.

What is Hyperion Smart View?

Smart View enables users to import, manipulate, distribute and share data in Microsoft Excel, Word and PowerPoint, and serves as a comprehensive tool for accessing and integrating EPM and BI content from Microsoft Office products.

What is the difference between Hyperion and Essbase?

Hyperion Essbase is more flexible than Hyperion Planning as it is a standalone OLAP engine and can be used for more than just planning purposes. While Essbase excels at financial calculations and analysis, it can benefit any business department that uses numeric data.

What is the latest version of Hyperion?

Microsoft Office and Smart View 900 is the latest version released so far. This version is supported with Microsoft Office 2019 and locally installed versions of Office 365. Versions earlier than 11.1.

What is Oracle planning?

Oracle Hyperion Planning is a centralized planning, budgeting, and forecasting solution that integrates financial and operational planning processes and improves business predictability.