Hyperion is an EPM system that includes applications for planning, consolidation, reporting, dashboards, and analysis. It allows organizations to analyze large amounts of information to support decision making. HFM is Hyperion's financial consolidation and reporting tool. It uses a dimensional data model to consolidate financial data from multiple sources and provide reporting and analysis. Key features include a closed approval process, data validation, currency translation, and automatic eliminations for intercompany transactions.

2.  Introduction to Hyperion
 What is BI, BPM & EPM
 Categories of EPM
 HFM
 HFM Architecture
 Features of HFM
 Data Storage in HFM
 Data & Meta Data
 HFM Tasks.
 FDM tasks.
 Reporting
 Other Consolidation Tools
 Application Creation

3.  Hyperion is an EPM system with Business
Intelligence (BI) and Business Performance
Management (BPM ) Tool
 It has applications for Planning,
consolidation, scorecarding, reporting,
dashboards, Analysis, Workspace, Master
Data Management and Foundation.

4.  BI tools enable organizations to analyze high
volumes of information in order to have
effective support during the decision-making
process.

5.  Business performance management is a set
of management and analytic processes that
enable the management of an organization's
performance to achieve one or more pre-
selected goals.

6.  Enterprise Performance Management (EPM) is
a management field of Business Performance
Management which considers the visibility of
operations in a closed-loop model across all
facets of the enterprise.

8. EPM (OLAP)
Application Reporting Data
Management
HFM IR ODI
Planning FR FDM
Web Analysis DRM
Essbase

9.  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.

11.  Close Life Cycle
 Process management for tight control of the
review and approval process
 Data Validation, Auditing.
 Currency translation to support multiple local
currencies
 Automatic eliminations for intercompany
transactions

12.  sub cubic format.
 Dimensions
 There are 12 dimensions for every HFM
application

13.  Metadata is defined as the structural
elements of an application that describe and
hold data.
Eg: Dimension names, Member names
,Properties ,Exchange Rates and security.

15.  Spreadsheet-based solutions are difficult to
maintain and do not provide an audit trail.
Auditors agree that spreadsheets are
insufficient for financial consolidation and
reporting today.
 Point solutions for financial consolidations
are built only for the statutory reporting
process and are generally used by only a
limited number of employees in the
accounting department.

16. 5 steps for creating Application.
 Creating Application Profile. (Year, Period,
View)
 Creating Application.
 Managing Application Security.
 Managing Metadata.
 Load Data, Data Forms, Member Lists, Rules,
Journals, ICP to the Application.

19.  Consolidation, Control of data.
 Data Loading Tool
 Reporting Tool

20. ->Financial closing & consolidation
->OLAP solution
 Extended Analysis
 Reporting Solutions HFR,I.R,Web-analysis.
->Rules are written in Visual Basic script to create
calculations in HFM.
->HFM Consolidate the data and use Data management
tool for loading the data like FDQM,ODI,DRM.