Finit is a consulting firm that provides EPM services including HFM, Planning, and Essbase. They have over 60 employees and 80 HFM clients. EPMA allows for centralized management of metadata and applications, while Classic HFM requires metadata to be managed through the desktop client or files. Key differences between the two include how applications and dimensions are created, how metadata is loaded and shared, and logging and diagnostic capabilities. Transforming a Classic application to EPMA involves copying the application, registering it with Shared Services, and using the transform tool. Lifecycle Management can be used to migrate metadata between environments and applications.