Oracle Hyperion (legacy) Manufacturing Reviews & Insights

Oracle Hyperion is used for planning purposes across the whole organization for budgeting and forecasting, both as a top-down and a bottom-up mechanism. Planning is a key global mandate for measuring and evaluating the successful performance of our organization, which is accomplished successfully by Oracle Hyperion Enterprise Performance Management.

It is particularly well utilized for the Income, Cash flow, and employees components, which can be very helpful for the accounts dimension for planning the nature of financial data. The MTD, QTD, YTD components are great for utilizing the view dimension for analyzing the data. Lastly, pre-eliminated, eliminated and post-eliminated dimensions are great for consolidated dimensions.

Oracle Hyperion is used in our accounting and finance department to check and audit financial data. Hyperion makes it easy to compare financial data from different regions and departments for each and every month and year. Hyperion can also be exported for financial analysis in Excel. The data gathered from Hyperion is accurate and decreases the use of many different spreadsheets.

Hyperion is great in what it does. It allows user to view different financial data in one single location. The data from Hyperion can be used to create reports easily. It is also useful for making changes to financial plans. However, Hyperion is hard to maintain and configure. It's hard to maintain Hyperion without proper training and configuring Hyperion for users is not easy. Hyperion is also not very mobile. It's not possible to use it anywhere with proper configuration.

Oracle Hyperion is being used across the entire company. It is also used by our finance team extensively.

I implement and maintain the Oracle Hyperion infrastructure (RDBMS database, ESSBASE database, application servers, etc). I don't manage the internals of the Hyperion application as an end user so I don't know the use cases from that perspective. I do know that our company heavily relies on it for analyzing and consolidating critical financial data, and closing our books.