Oracle Hyperion Financial Management

Meet today’s stringent reporting regulations with enterprise-class software

With Oracle Hyperion® Financial Management™ (Financial Management) software, you can dramatically improve your financial close and reporting process, reduce internal control risks, and move from the role of scorekeeper to one of business partner—delivering financial analysis that supports strategic and operational management decisions. With purpose-built features, Financial Management is the cornerstone of any sustainable compliance framework and helps businesses comply with today’s stringent reporting regulations on an ongoing basis.

Today’s finance executives must close their books in a timely manner and report financial results with confidence. You need a single version of the truth—one view of financial and operational results integrated from multiple systems— without delays. Hyperion offers you a financial consolidation and reporting application that uses today’s most advanced Web technology, yet is designed to be used and maintained by the finance team.

Oracle Hyperion Financial Management datasheet (PDF - 196KB)

Oracle Hyperion Financial Management and Sarbanes-Oxley Compliance

The Sarbanes-Oxley Act was signed into law in August 2002. This requires CEOs and CFOs to certify their financial results or be subject to severe civil and criminal penalties, this law demands much greater auditing oversight of public companies than in the past.

Part of Oracle's worldclass family of performance management modules, Hyperion Financial Management gives the finance team a way to improve your financial close and reporting process, reduce risks, and move into the role of active business partner with the rest of the enterprise.

Working together, the Hyperion Performance Management applications can help you:

• Focus resources
• Improve operational efficiency
• Manage for profitable results
• Leverage opportunities for growth

Oracle Hyperion Financial Management and Sarbanes Oxley Compliance datasheet (PDF - 80KB)

Oracle Hyperion Reporting – XBRL Manager

Financial data travels among disparate systems, and it moves from one consumer to the next. It is typically generated within a transaction-based system, flows into a business information system, and is subsequently consumed in the form of financial reporting to key stakeholders. Because financial data is always on the move, tracking it and ensuring its integrity and quality in order to meet government compliance regulations can be a daunting task.

A critical tool for controlling financial data is Extensible Business Reporting Language (XBRL), a freely available electronic language for financial reporting that is based on Extensible Markup Language (XML). XBRL applies identifying tags to items of data, allowing them to be processed and analysed. The use of XBRL tags provides financial communities with a standards based method to prepare, publish, reliably extract, and automatically exchange financial statements of publicly held companies. XBRL does not establish new accounting standards. Instead, it enhances the usability of existing standards.

Oracle Hyperion Financial Reporting - XBRL Manager datasheet (626KB)