Hyperion Financial Management is a financial consolidation and reporting application that allows financial managers to rapidly close and report financial results. It provides the ability to consolidate financial data from diverse locations and multiple general ledgers, perform multi-currency conversions, and streamline data collection processes. Financial consolidation involves merging the financial statements of a parent company and its subsidiaries to assess the overall health of the entire group. Hyperion Financial Management includes features like data validation, currency translation, automatic eliminations, and reporting tools to facilitate the financial consolidation process.
Oracle Financial Consolidation and Close Cloud Service (FCCS) is the latest evolution of Oracle’s market-leading Financial Close Suite. What makes it different than Hyperion Financial Management (HFM)? A lot!
We delivered a side-by-side review of FCCS and HFM. If you’re a customer of Hyperion Enterprise, HFM, or non-Oracle financial reporting packages evaluating alternative solutions, you will gain a much deeper understanding of Oracle’s strategy in the consolidation and close domain.
Discussion included:
-Functional and technical comparison of FCCS and HFM (Dimensions, Rules, Reporting, etc.)
-Migration considerations/best practices
-Product direction from Oracle
Finit solutions getting the most out of hfm - web data forms tips and tricksfinitsolutions
One of the great features in HFM is the ability to create web data forms in which users can enter data directly, without the need for account mappings, journals, or Smart View sheets. These web data forms can be designed in ways that provide very tight security and control over the data that users can enter into HFM. At the same time, the web data forms can be formatted to be very user-friendly and intuitive, so that users find the process simple and easy to follow.
On September 15, you will learn about the pros and cons of using HFM web data forms versus other methods of getting data into HFM, such as data loads, journals, Smart View, and data grids. We will talk about the considerations for each method and why web data forms may or may not be the right choice for various types of data. We will also discuss ways in which data entered via web data forms can be ‘protected’ during iterative trial balance data loads, so that the data entered via web data forms is not erased when loading a trial balance data file in ‘Replace’ mode.
During this webinar, you will also learn some of the more advanced design, formatting, and functions for web data forms, including:
SCalcs
Dimension / member overrides
Colors / fonts / general formatting
Dynamic row expansion
Exporting / importing from Excel
Opening web data forms in Smart View
Getting the Most out of EPMA: HFM Managing Metadata with EPMAfinitsolutions
Whether you previously used Hyperion Enterprise or managed a classic HFM application, moving to EPMA provides many benefits (but also has unique tricks you should know about!). In this webinar, we will review many of the enhancements that EPMA can bring to metadata management, such as:
• Shared metadata among different products or HFM applications within the same environment
• Comparisons of changes between what is loaded and what you are about to load
• Renaming a base member without losing previously-loaded data
• Enhanced features to identify and exclude orphan members
• Audit trails of metadata changes (“Who changed THAT attribute?” “Um, YOU did!”)
o Some do not always see this as a good thing, but auditors like it…
Of course, there are also a few areas we’ll cover to help you understand some limitations with EPMA and some possible workarounds to certain issues, including:
• Needing to be online to work within the web-based tool
• Must view validation error notifications one at a time on web compared to in a single text file
• Some additional complexity due to more features being available to use
Managing metadata with EPMA is what is being taught in Oracle’s HFM Administration training classes, and we hope that after attending this webinar, you will also discover some benefits to using EPMA with your current or future applications.
Simplify Complex Consolidations and Close Processes with Oracle Financial Con...Alithya
Oracle Financial Consolidation and Close Cloud Service (FCCS) mixes best practices with customization to streamline and enhance the close and consolidation process. This configurable product leverages out-of-the-box content which gives companies the framework needed to deploy an easy-to-use, yet sophisticated, close solution. It requires no infrastructure investments, offers flexible deployment options, and provides fast time-to-value.
In this presentation, we explore the full range of capabilities of this solution, including the orchestration of the close process, supplemental data collection, ease of administration, and more. Find out how FCCS can be used to address the complexities that are encountered with consolidations, such as foreign currency translation, intercompany eliminations, and ownership requirements. We touch on additional features that are improved in the cloud such as process automation, administration, and supplemental data collection. Interact and ask questions to learn more about this world-class solution for close and consolidation applications and decide if it's time for you to make the move to the Cloud!
Utilizing HFM to Handle the Requirements of IFRSAlithya
Ranzal Practice Director and Oracle ACE, Peter Fugere guides attendees through best practices on building HFM applications to consider the impact of IFRS. HFM has been used for years to do multi-GAAP reporting, so IFRS is not completely uncharted waters. Many companies in Europe and Canada have already moved, and their experience provides guidance for companies in North America. HFM has specific functionality that makes the IFRS transition easier and for North America, moving now may minimize costs later associated with statutory reporting and historical data collection.
FDMEE versus Cloud Data Management - The Real StoryJoseph Alaimo Jr
Are you considering or have you recently purchased an Oracle EPM Cloud Service? If so, you've likely heard about Cloud Data Management and how it can satisfy all of your data and master data needs. Sounds like Nirvana, right? Not so fast.
This presentation explores the capabilities of Cloud Data Management and its supporting technologies as well as its on-premises counterpart, FDMEE. It weighs the pros and cons of each option, including software and hardware costs, functionality, and sustainability.
Dimensionality & Dimensions of Hyperion Planningepmvirtual.com
In this tutorial we are providing the details of Oracle Hyperion Planning applications' dimensions and their details.
This guide is presented to you by epmvirtual.com
These receivables management engines include:
SAP Credit Management – to help companies implement a single company-wide credit policy and use credit analysis results to calculate credit limits – including embedding credit checks into key operational processes
SAP Biller Direct – an electronic bill presentment and payment solution that 1) lets customers download or pay invoices via bank transfer, card, etc., as well as start the dispute process, and 2) allows vendors to see the approval and payment status of their invoices, including inquiry functionality
SAP E-Invoicing for Compliance – an e-billing solution that sends customers validated, signed invoice PDFs via email or invoices via EDI – including the compliance checks required in 37 different countries
SAP Collections and Dispute Management – modules that provide workflow and process support for managing disputes as well as a module that generates prioritized collections worklists that help collections specialists proactively contact customers.
A complete review of the use cases and anatomy of the mysterious yet powerful Dynamic Member Lists and Dynamic "Point of View" Member Lists
Have you ever wished you could collect certain supplemental data (e.g. PP&E rollforward) at the parent entity level (e.g. legal entity, market, geographical region) instead of at each base entity in HFM? Have you ever wished you could run a FR Report for a group of entities such as a region by just specifying the region entity in the user Point of View? Have you ever wished you could pull a list of active entities based on the year or scenario selected?\
Your wishes can come true with the use of Dynamic Member Lists and Dynamic "Point of View" Member Lists with HFM data forms and BI+ FR Reports. Join us in this webinar to take a deep dive into the application and construction of these member lists. Whether you are a business user, a Hyperion system administrator, or a developer, you will be enlightened by the information presented.
Attendees will learn:
The difference between Static, Dynamic Member Lists and Dynamic "Point of View" Member Lists
The use cases for Dynamic Member Lists and Dynamic "Point of View" Member Lists in HFM data forms and BI+ FR reports
The construction of the data forms and reports leveraging Dynamic Member Lists and Dynamic "Point of View" Member Lists
Presenter: Mary Chan & Grace Xu
Date: 04/27/2018
About us
BISP is an IT Training and Consulting Company. We are Subject Matter Experts for DHW and BI technologies. We provide Live virtual Online global IT support and services like online software training, live virtual online lab services, virtual online job support with highly intellectual professional trainers and skilled resources , predominantly In Oracle BI, Oracle Data Integrator, Hyperion Product stack, Oracle Middleware solution, Oracle SoA, AIA Informatica, IBM Datastage and IBM Cognos .
BISP has footprints virtually across USA, CANADA, UK, SINGAPORE, SAUDI ARABIA, AUSTRALIA and more by providing live virtual support services from India for fresh graduates, opt students, working professionals etc. Being a live virtual online training the support , training and service methodology is just click away considerably reducing your TIME,INFRASTRUCTURE and Cost effective.
Oracle Financial Consolidation and Close Cloud Service (FCCS) is the latest evolution of Oracle’s market-leading Financial Close Suite. What makes it different than Hyperion Financial Management (HFM)? A lot!
We delivered a side-by-side review of FCCS and HFM. If you’re a customer of Hyperion Enterprise, HFM, or non-Oracle financial reporting packages evaluating alternative solutions, you will gain a much deeper understanding of Oracle’s strategy in the consolidation and close domain.
Discussion included:
-Functional and technical comparison of FCCS and HFM (Dimensions, Rules, Reporting, etc.)
-Migration considerations/best practices
-Product direction from Oracle
Finit solutions getting the most out of hfm - web data forms tips and tricksfinitsolutions
One of the great features in HFM is the ability to create web data forms in which users can enter data directly, without the need for account mappings, journals, or Smart View sheets. These web data forms can be designed in ways that provide very tight security and control over the data that users can enter into HFM. At the same time, the web data forms can be formatted to be very user-friendly and intuitive, so that users find the process simple and easy to follow.
On September 15, you will learn about the pros and cons of using HFM web data forms versus other methods of getting data into HFM, such as data loads, journals, Smart View, and data grids. We will talk about the considerations for each method and why web data forms may or may not be the right choice for various types of data. We will also discuss ways in which data entered via web data forms can be ‘protected’ during iterative trial balance data loads, so that the data entered via web data forms is not erased when loading a trial balance data file in ‘Replace’ mode.
During this webinar, you will also learn some of the more advanced design, formatting, and functions for web data forms, including:
SCalcs
Dimension / member overrides
Colors / fonts / general formatting
Dynamic row expansion
Exporting / importing from Excel
Opening web data forms in Smart View
Getting the Most out of EPMA: HFM Managing Metadata with EPMAfinitsolutions
Whether you previously used Hyperion Enterprise or managed a classic HFM application, moving to EPMA provides many benefits (but also has unique tricks you should know about!). In this webinar, we will review many of the enhancements that EPMA can bring to metadata management, such as:
• Shared metadata among different products or HFM applications within the same environment
• Comparisons of changes between what is loaded and what you are about to load
• Renaming a base member without losing previously-loaded data
• Enhanced features to identify and exclude orphan members
• Audit trails of metadata changes (“Who changed THAT attribute?” “Um, YOU did!”)
o Some do not always see this as a good thing, but auditors like it…
Of course, there are also a few areas we’ll cover to help you understand some limitations with EPMA and some possible workarounds to certain issues, including:
• Needing to be online to work within the web-based tool
• Must view validation error notifications one at a time on web compared to in a single text file
• Some additional complexity due to more features being available to use
Managing metadata with EPMA is what is being taught in Oracle’s HFM Administration training classes, and we hope that after attending this webinar, you will also discover some benefits to using EPMA with your current or future applications.
Simplify Complex Consolidations and Close Processes with Oracle Financial Con...Alithya
Oracle Financial Consolidation and Close Cloud Service (FCCS) mixes best practices with customization to streamline and enhance the close and consolidation process. This configurable product leverages out-of-the-box content which gives companies the framework needed to deploy an easy-to-use, yet sophisticated, close solution. It requires no infrastructure investments, offers flexible deployment options, and provides fast time-to-value.
In this presentation, we explore the full range of capabilities of this solution, including the orchestration of the close process, supplemental data collection, ease of administration, and more. Find out how FCCS can be used to address the complexities that are encountered with consolidations, such as foreign currency translation, intercompany eliminations, and ownership requirements. We touch on additional features that are improved in the cloud such as process automation, administration, and supplemental data collection. Interact and ask questions to learn more about this world-class solution for close and consolidation applications and decide if it's time for you to make the move to the Cloud!
Utilizing HFM to Handle the Requirements of IFRSAlithya
Ranzal Practice Director and Oracle ACE, Peter Fugere guides attendees through best practices on building HFM applications to consider the impact of IFRS. HFM has been used for years to do multi-GAAP reporting, so IFRS is not completely uncharted waters. Many companies in Europe and Canada have already moved, and their experience provides guidance for companies in North America. HFM has specific functionality that makes the IFRS transition easier and for North America, moving now may minimize costs later associated with statutory reporting and historical data collection.
FDMEE versus Cloud Data Management - The Real StoryJoseph Alaimo Jr
Are you considering or have you recently purchased an Oracle EPM Cloud Service? If so, you've likely heard about Cloud Data Management and how it can satisfy all of your data and master data needs. Sounds like Nirvana, right? Not so fast.
This presentation explores the capabilities of Cloud Data Management and its supporting technologies as well as its on-premises counterpart, FDMEE. It weighs the pros and cons of each option, including software and hardware costs, functionality, and sustainability.
Dimensionality & Dimensions of Hyperion Planningepmvirtual.com
In this tutorial we are providing the details of Oracle Hyperion Planning applications' dimensions and their details.
This guide is presented to you by epmvirtual.com
These receivables management engines include:
SAP Credit Management – to help companies implement a single company-wide credit policy and use credit analysis results to calculate credit limits – including embedding credit checks into key operational processes
SAP Biller Direct – an electronic bill presentment and payment solution that 1) lets customers download or pay invoices via bank transfer, card, etc., as well as start the dispute process, and 2) allows vendors to see the approval and payment status of their invoices, including inquiry functionality
SAP E-Invoicing for Compliance – an e-billing solution that sends customers validated, signed invoice PDFs via email or invoices via EDI – including the compliance checks required in 37 different countries
SAP Collections and Dispute Management – modules that provide workflow and process support for managing disputes as well as a module that generates prioritized collections worklists that help collections specialists proactively contact customers.
A complete review of the use cases and anatomy of the mysterious yet powerful Dynamic Member Lists and Dynamic "Point of View" Member Lists
Have you ever wished you could collect certain supplemental data (e.g. PP&E rollforward) at the parent entity level (e.g. legal entity, market, geographical region) instead of at each base entity in HFM? Have you ever wished you could run a FR Report for a group of entities such as a region by just specifying the region entity in the user Point of View? Have you ever wished you could pull a list of active entities based on the year or scenario selected?\
Your wishes can come true with the use of Dynamic Member Lists and Dynamic "Point of View" Member Lists with HFM data forms and BI+ FR Reports. Join us in this webinar to take a deep dive into the application and construction of these member lists. Whether you are a business user, a Hyperion system administrator, or a developer, you will be enlightened by the information presented.
Attendees will learn:
The difference between Static, Dynamic Member Lists and Dynamic "Point of View" Member Lists
The use cases for Dynamic Member Lists and Dynamic "Point of View" Member Lists in HFM data forms and BI+ FR reports
The construction of the data forms and reports leveraging Dynamic Member Lists and Dynamic "Point of View" Member Lists
Presenter: Mary Chan & Grace Xu
Date: 04/27/2018
About us
BISP is an IT Training and Consulting Company. We are Subject Matter Experts for DHW and BI technologies. We provide Live virtual Online global IT support and services like online software training, live virtual online lab services, virtual online job support with highly intellectual professional trainers and skilled resources , predominantly In Oracle BI, Oracle Data Integrator, Hyperion Product stack, Oracle Middleware solution, Oracle SoA, AIA Informatica, IBM Datastage and IBM Cognos .
BISP has footprints virtually across USA, CANADA, UK, SINGAPORE, SAUDI ARABIA, AUSTRALIA and more by providing live virtual support services from India for fresh graduates, opt students, working professionals etc. Being a live virtual online training the support , training and service methodology is just click away considerably reducing your TIME,INFRASTRUCTURE and Cost effective.
Chris Barbieri, Edgewater Ranzal VP of Hyperion Financial Management (HFM) Practice and Oracle Ace, presented "What Would Happen If I Did...in Hyperion Financial Mangement?", at KScope 14, part 3 in a series of presentations at ODTUG events.
Hyperion Financial Management Application Design for PerformanceAlithya
Edgewater Ranzal Practice Director and Oracle ACE Chris Barbieri conducted this presentation at the HUGmn TechDay and Vendor Expo in Chaska, Minnesota on March 20, 2012.
On a dare, HFM expert and Oracle ACE Chris Barbieri takes a Mythbusters style approach to debunking a series of potentially damaging changes to HFM applications to find out exactly "What would happen if I did...?"
Oracle hyperion financial management Online Training is Offering at Glory IT Technologies. We have Certified Working Professionals on this Modules. They trained so many Global Students, We also Provides Corporate Training & Job/Project Support Services to Oracle hyperion financial management. We are Only Institute Delivering Best Online Training Services to this Module.
Educating Decision Makers and Telling Our StoryJim McKay
Educating Decision Makers and Telling Our Story is a basic presentation about citizen advocacy. Includes: Advocacy Lessons from 6 year old Pirates & Princesses... How to “Trick” Legislators Into Giving You What You Want! from the Advocacy Guru, Stephanie Vance.
Data surrounds us. In business and personal life. At work and on the go. But how do we make sense of it, or more specifically, how do we allow others to make sense of it. Learn how to deliver data ... <reports>.
Electricity network regulation in a changing energy sector: 'The help of econ...ssuurmond
Presentation of my graduation project. In this presentation I show why the regulation of electricity networks via the RPI - X framework is not sustainable for the long run. Suggestions are given to improve the current regulatory framework.
A data visualisation story - top tips from the Guardian Masterclass. Creative...CharityComms
Horacio Herrera-Richmond, design manager, Anthony Nolan
Visit the CharityComms website to view slides from past events, see what events we have coming up and to check out what else we do: www.charitycomms.org.uk
Based on a single repository of accurate, real-time information from across the organization, Longview Consolidation provides a comprehensive and sophisticated technology platform that dramatically improves internal processes for consolidation, elimination, reconciliation, modeling and reporting of financial data to key internal and external stakeholders.
Longview Consolidation simplifies and automates financial processes, enabling finance professionals, operations staff and department managers to focus on analysis and managing exceptions rather than on reconciliations.
A single point of maintenance ensures that appropriate accounting treatments are applied consistently, thereby maintaining a single repository of financial truth, enterprise-wide.
Optimizing Executive Decision Making the Role of Consolidated Financialseprentise
Executive decisions push the business in new directions, shift management’s focus to what is mission critical and account for the company’s current position. In order to make the right choices, leaders need a clear understanding of the enterprise’s performance – or, more specifically, an accurate view of its financial data.
View the original Blog post: http://www.eprentise.com/blog/financial-standards/optimizing-executive-decision-making-the-role-of-consolidated-financials/
Website: www.eprentise.com
Twitter: @eprentise
Google+: https://plus.google.com/u/0/+Eprentise/posts
Facebook: https://www.facebook.com/eprentise
SYSPHERA for MicroStrategy Financial Consolidation v.28JAN2014 - enAntonio Dutra Jr.
SYSPHERA fully integrates its solution with the MicroStrategy BI platform in a transparent way for the end-users. This complements and extends the capability of the BI MicroStrategy Platform, providing business users appropriate administration of their Planning, Budgeting, Forecasting & Consolidation processes, allowing the creation of scenarios and simulations. The fact that the consolidation is usually done manually with the use of Excel makes it difficult to reflect changes in organizational structure without a huge workload.The acquisitions, as well as the management of rounded and distributed in various places in the financial documents, often represents a major nuisance when reviewing the consistency of the figures. The ability to get a consolidated view of businesses from the standpoint of BI + CPM, allows customers to analyze critical information, considering the performance achieved and the various options for future scenarios and their impacts on the balance sheet, income statement and cash flow in order to find a strong base for the decision making process.
Microsoft Dynamics 365 Business Central Capability GuideDynamics Square
Microsoft Dynamics 365 Business Central Capability Guide, Get in Touch for Business Central Pricing, Demo & Implementation: https://www.dynamicssquare.com.au/business-central-implementation/
The finance department is responsible for managing the company’s financial risks, financial planning and financial reporting. But is it in control? Does it have full control over your financial processes? Complete control over data feeds? Intelligent control on reporting?
Businesses need to ensure accurate and consistent financial close on time, every time. The best-in-class automation solution frees up time and resources to devote to more financial analysis, and reduces the overall stress on your finance department.
Modernizing Your Finance Team With TechnologyWorkiva
This slideshow explores what modern finance is and what it takes to get your team there. To find out more, visit workiva.com/solutions/financial-reporting
How to Safely Race to an Optimized Financial Accounting Close?Cogneesol
As per one survey by the Institute of Management Accountants, financial closing is one of the most significant challenges. In order to optimize financial close; an organization requires to make coordinated efforts. Here in this document, we have discussed how companies can race to an optimized financial accounting close safely.
6. The problems - consolidating financial data from diverse locations and across multiple general ledgers , performing multi-currency conversions , and untangling outdated spreadsheet based data collection processes, incorporating changes from reorganizations , mergers , and acquisitions . Financial Data Quality Management :Financial consolidation solutions can meet this challenge by streamlining data collection and integration from multiple sources, making the monthly close faster and more efficient while turning disparate data into useful, business critical information.
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8. Financial Consolidation types The Consolidation Module enables the user to generate the following Consolidated Financial Statements: • Consolidated Balance Sheet A balance sheet in which assets and liabilities of a parent company and its controlled subsidiaries are combined, thereby presenting balance sheet items for the parent and its subsidiaries as if they were a single firm. • Consolidated Trial Balance • Consolidated Profit & Loss Statement
9. Spreadsheets When the spreadsheet approach is used, spreadsheet templates are created by central headquarters and e-mailed to remote locations. Then, on a monthly or quarterly basis, these spreadsheets are updated and e-mailed back to central headquarters, where they are consolidated into a master spreadsheet—usually with complex macros. The only advantage of this approach is low cost because there is no software or hardware to buy. Everyone in the organization already has e-mail access and a spreadsheet application on the desktop.
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14. Financial Consolidation, Reporting, and Analysis Financial Management enables highly efficient collection and consolidation of data from diverse sources. It includes these features: • Process management for tight control of the review and approval process Data validation • Currency translation to support multiple local currencies • Automatic eliminations for intercompany transactions Financial Management is designed for large-scale, centralized Web deployment. You can use Financial Management to consolidate data from diverse general ledger systems and locations around the globe.
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16. Financial Compliance In Sarbanes Oxley 404 scenario, it is important to keep some things in mind which help in the overall controls in the financial closing process. 1. Has the management documented the entire financial closing process in sufficient detail from data collection to final report making. 2. Have control activities been documented which define the controls realting to the financial closure process. 3. Has a risk assessment been conducted to assess the inherent risks in the closure processs. 4 How and by whom is the financial closure process monitored. How is completeness of the process determined. 5. How are communication procedures defined which ensure a smooth financial closure in a timely manner. The users of a company’s financial statements —investors, lenders, and management—wish to see accurate results from the latest reporting period as soon as possible
17. HFM Lifecycle Overview Server Calculate Adjust data Translate & Consolidate Lock data Approve data Load & Add data Run & Publish Reports Loading … 33 55 77 22 44 66 11 11 11 22 44 66
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25. Hyperion Strategic Finance Hyperion Financial Management Hyperion Planning Automated Data Integration Between the Systems Using Hyperion Tools to Integrate Detailed Budgeting Strategic Modeling Financial Reporting Distributed and Customizable Modeling; Real-time Access Different Levels of Data Detail as Relevant to the Different Needs