In 1990s, Hyperion Enterprise was launched and it is still used by many companies. Today, due to its more-limited architecture as a client/server product there would be fewer enhancements made to this product. This is one of the reasons why companies are migrating/upgrading to the newer technologies, such as the enhanced version called “Oracle Hyperion Financial Management”.
Why NOT Hyperion Enterprise?
With new demands on corporations for rapid, reliable, detailed, and auditable reporting, companies are opting Oracle Hyperion Financial Management to Hyperion Enterprise because of its limitations in
•Dimensionality: Account or entity lists exceeding 1,000 can become difficult to navigate and consolidate.
•Multiuser scalability: It requires multiple applications thus, resulting in extra maintenance and reconciliation work.
•Audit trails and Sarbanes-Oxley support
•Budgeting and planning features
•Poor performance of Ad hoc, drill, and pivot reporting
•Difficulty managing distributed e-mail-based systems
•Difficulty integrating with other Oracle Hyperion applications
Why Oracle Hyperion Financial Management?
Oracle Hyperion Management addresses all the limitations of Hyperion Enterprise and has more features such as . . .
•Additional Dimensionality (12 dimensions, including 4 customs)
•Enhanced intercompany reporting
•Cell text available to explain numbers
•Controlled end-user experience through task lists
•Process Management provides insight into unit’s status, who performs what activities, and when users have access
•Ability to tie Validation checks to end user sign-off
•Ability to insert qualitative analysis of balances and fluctuations directly in the application
•Maintenance can be performed when users are in the system
•Reporting – centralized, dynamic, less maintenance
