Hyperion Financial Management

HFM – Hyperion Financial Management

Key Features of HFM
 Reduce consolidation, close, and reporting cycles by days or weeks
 Deliver timely results—internally and externally
 Reduce compliance costs and deliver a single version of the truth to improve internal and external
transparency
 Be confident in the financial results by maintaining a regulatory filing to general ledger audit trail
 Easily conduct in-depth analysis of key performance and operational metrics
 Gain new benefits quickly with packaged regulatory reporting functionality

Various Hyperion - Performance Management Applications

Hyperion Financial Management - 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. Oracle Hyperion Financial Management utilizes today's most advanced technology yet is built
to be owned and maintained by the enterprise's finance team.

Hyperion Planning - Oracle Hyperion Planning is a centralized, Excel and Web-based planning, budgeting and
forecasting solution that integrates financial and operational planning processes and improves business
predictability. Oracle Hyperion Planning provides an in-depth look at business operations and its related impact
on financials, by tightly integrating financial and operational planning models. With Oracle Hyperion Planning
you can meet your immediate financial planning needs while enabling a platform for future cross-functional
expansion and automated process integration.

Hyperion Financial Data Quality Management - Oracle Hyperion Financial Data Quality Management
(Financial Data Quality Management) is a packaged solution for finance users that helps develop standardized
financial data management processes with its Web-based guided workflow user interface and powerful
integration engine. It enables organizations to eliminate the data integrity risks associated with collecting,
mapping, verifying and moving critical financial data across the entire organization.

Hyperion Smart View for Office - Analyse, Update and Report

Oracle Smart View for Office (Smart View) provides a common Microsoft Office interface designed
specifically for Oracle's Enterprise Performance Management (EPM) and Business Intelligence (BI). Using
Smart View, you can view, import, manipulate, distribute and share data in Microsoft Excel, Word and
PowerPoint interfaces. It is a comprehensive tool for accessing and integrating EPM and BI content from
Microsoft Office products.

Hyperion Workforce Planning - Oracle Hyperion Workforce Planning software is a special-purpose planning
module that makes headcount, salary, and compensation planning fast and efficient across the
enterprise. Designed with pre-built functionality and best practices that are ready to use
right out of the box, it simplifies the planning of workforce and workforce related expenses,
such as bonuses, fringe benefits, overtime and merit increases. It also automatically and
seamlessly links your workforce expense plans into Oracle Hyperion Planning Plus, to
deliver accurate and real-time awareness of the business impact of your workforce
decisions on your overall expense plans.

Hyperion Capital Asset Planning - Oracle's Hyperion Capital Asset Planning (Capital Asset Planning)
software is a specialized planning module that enables users to easily plan for capital assets and capital asset-
related expenses, including depreciation, maintenance, and insurance. It includes pre-defined account structures,
calculations, data forms, Smart Lists, menus and dimensions that automate planning for new capital assets and
modification to existing capital assets, such as transfers, improvements, retirements and impairments.

Hyperion Financial Close Management Oracle Hyperion Financial Close Management is built for centralized,
web-based management of period-end close activities across the extended financial close cycle. The first
application of its kind, Oracle Hyperion Financial Close Management will help manage all financial close cycle
Hyperion Financial Management

tasks including ledger and sub-ledger close, data loading and mapping, financial consolidation, account
reconciliation, tax/treasury and internal and external reporting processes – any task associated with the extended
financial close.

Crystal Ball - Oracle Crystal Ball is the leading spreadsheet-based application for predictive modeling,
forecasting, simulation, and optimization. It gives you unparalleled insight into the critical factors affecting risk.
With Crystal Ball, you can make the right tactical decisions to reach your objectives and gain a competitive edge
under even the most uncertain market conditions.

Hyperion Integrated Operational Planning

Hyperion Integrated Margin Planning
Hyperion Public Sector Planning and Budgeting
Hyperion Enterprise
Hyperion Disclosure Management
Hyperion Data Relationship Management
Hyperion Performance Scorecard
Hyperion Profitability and Cost Management

What is Consolidation
In the accounting world, financial consolidation is the process of combining financial data from several
subsidiaries or business entities within an organization and rolling it up to a parent company for reporting
purposes.
Example - Parent Entity with Child 1 ,2 & 3 – Total Consolidated Revenue is sum as shown below
Revenu
e
Parent
Entity 1100
Child 1 500
Child 2 400
Child 3 200

Financial Management Components

Financial Management uses a multitier architecture that includes a client tier, an Application tier and a database
tier.

The Client tier contains the user interface. It communicates with the application tier. The primary function of
the client tier is to display, enter, and maintain data and to maintain metadata.

The application tier contains the application, the report, and Web servers. The Web server enables you to
access the Web-based portions of Financial Management. The application server contains the financial
intelligence and connections to the relational database and OLAP engine. It also contains architect for managing
metadata.

The Data tier contains the relational databases for Financial Management metadata and source data.
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Hyperion Financial Management Overview

Dimensions
View The View dimension provides calendar intelligence; for example, Month-to-Date, Year-to-Date, and
Quarter-to-Date frequencies. This dimension was formerly referred to as Frequency.

Year The number of years you will use for HFM. The Year dimension provides multiple years of a fiscal or
calendar year.
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Period The Period dimension provides time periods, such as quarters and months. For example, if you need
months, there would be 12 periods of data available for a given scenario in a year.

Scenario The Scenario dimension represents a set of data, such as Budget, Actual, or Forecast. For example, the
Actual scenario can contain data from a general ledger, reflecting past and current business operations.

Entity The Entity dimension provides a means to build structures for the consolidation. These can be divisions,
subsidiaries, plants, regions, countries, legal entities, business units, departments, or any organizational unit.

Value The Value dimension allows for consolidation, elimination, and adjustments and supports translation,
which can include the input currency and parent currency.

Account The Account dimension allows you to build a hierarchy of assets, liabilities, revenue, expense, and so
on. Each type of account has a specific behaviour.

Intercompany Partner (ICP) The Intercompany dimension represents all intercompany balances that exist for
an account. This dimension is built dynamically from the Entity dimension.

Custom Dimensions The Custom dimensions provide the ability to store other views of the data, such as
products, markets, channels, cash flow changes, balance sheet movement, source of data, or types of
elimination.

Entity
The Entity dimension represents the organizational structure of the company, such as the management and legal
reporting structures. Entities can represent divisions, subsidiaries, plants, regions, countries, legal entities,
business units, departments, or any organizational unit. You can define any number of entities.

The Entity dimension is the consolidation dimension of the system. Hierarchies in the Entity dimension reflect
various consolidated views of the data. Various hierarchies can correspond to geographic consolidation, legal
consolidation, or consolidation by activity. All relationships among individual member components that exist in
an organization are stored and maintained in this dimension. Entities in an organization can be categorized as
base, dependent, or parent entities. Base entities are at the bottom of the organization structure and do not own
other entities.

Entity Dimension Properties

AllowAdjFromChildren Specifies whether journal postings from children are permitted for the parent entity.
For entities that roll up to more than one parent, you can enable this attribute for the parent entity. Specify Y if
journal postings from children are permitted or N if journal postings from children are not permitted.

AllowAdjs Specifies whether journal postings are permitted for this entity.

DefaultParent Specifies the default parent for the entity.

DefCurrency Specifies the default currency for the entity.

Description Specifies the description for the entity. The description can contain up to 80 characters, including
spaces.

HoldingCompany Specifies the holding company for the entity, which identifies the owner of an entity
member. Can be the name of an entity or blank.

IsICP Specifies whether entities can be partners in intercompany transactions. A member for which you select
ICP is automatically displayed as a member in the ICP dimension.

Member Specifies the name for the entity. This attribute is required. The name must be unique and can contain
up to 80 characters including spaces but cannot start with a space.
Do not use these characters in the entity
name:
• Asterisk (*)
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• At sign (@)
• Comma (,)
• Curly brackets ({ })
• Double quotation marks (“)
• Minus sign (-)
• Number sign (#)
• Period (.)
• Plus sign (+)
• Semicolon (;)
• Slash mark (/)

SecurityAsPartner This attribute enables you to specify a security class for an entity acting as an
intercompany partner. Specifies the name of a valid security class for the ICP entity.

SecurityClass Specifies the name of a valid security class of users who can access the data of the entity.
Security class names can contain up to 80 characters.

UserDefined1, UserDefined2, UserDefined3 Stores custom information for the entity. You
can enter a maximum of 256 characters. The UserDefined1, UserDefined2, and UserDefined3 functions retrieve
the text stored in this attribute.

Account
The Account dimension defines the chart of accounts for an application. Accounts store financial data for
entities and scenarios in an application. Accounts can be created for other types of data, like headcount, units,
or KPI

Account Dimension Properties

Account type
Account types determine how child accounts are aggregated to parent accounts and how account balances
accumulate over time. When data is input to base-level accounts, results are automatically rolled up through the
hierarchy. Account types determine whether child values are added to or subtracted from their parent value. This
determination enables you to build financial calculations directly into the chart of accounts.

 ASSET—Store values that represent the assets of a company

 LIABILITY—Store point-in-time balances that represent the liabilities of a company
 REVENUE—Store periodic and year-to-date values that increase net worth if the value is positive Note: In
Oracle Hyperion Financial Management releases prior to 4.1, this account type was called Income.
 EXPENSE—Store periodic and year-to-date values that decrease net worth if the value is positive
 FLOW—Store periodic and year-to-date values
 BALANCE— Store unsigned values that relate to a particular point in time
 BALANCERECURRING—Store unsigned values that relate to a particular point in time and that re-occur
in future periods
 CURRENCYRATE—Store currency rate information
 GROUPLABEL—Use the account for grouping purposes
 DYNAMIC—Indicates that the account value is calculated dynamically from the data that you are viewing

EnableDataAudit

Whether the account can be audited Specify Y to enable account auditing or N to disable auditing. The default is
N. This attribute, when applied to an account or scenario, determines what can be audited.

Data Audit Module in HFM

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PlugAcct

Specifies the account name used for identifying discrepancies in intercompany transactions. The PlugAcct
attribute is required when the IsICP attribute for the account is selected. It must be blank or the name of a valid
account. If blank, intercompany eliminations for the account are not processed.

Other Properties

DefaultParent The default parent for the account.

ICPTopMember The ICP top member for the account. If you want to prevent entry or usage of [ICP None],
this setting can force users to identify a specific intercompany partner when they use this account.

IsICP Identifies the account as an intercompany account. Y will make the account valid for all members of the
ICP dimension, N will allow ICP None to be the only valid member for loading data, and R will make the
account valid for all members of the ICP dimension except for the ICP member that has the same name as the
entity loading data.

IsCalculated This should be used on all base calculated accounts; it prevents input and tells HFM to clear data
values before rules are run at key points of the consolidation.

IsConsolidated Allows the account to consolidate in the Entity/Value dimensions. If this is not selected, an
account will not move past <Parent Curr Total> in the Value dimension.