demohfm
DESCRIPTION
HFM - hyperionTRANSCRIPT
Introduction To
Hyperion Financial Management
Introduction to Hyperion What is BI, BPM & EPM Categories of EPM HFM HFM Architecture Features of HFM Data Storage in HFM Data & Meta Data HFM Tasks. FDM tasks. Reporting Other Consolidation Tools Application Creation
Topics
Hyperion is an EPM system with Business Intelligence (BI) and Business Performance Management (BPM ) Tool
It has applications for Planning, consolidation, scorecarding, reporting, dashboards, Analysis, Workspace, Master Data Management and Foundation.
Hyperion
BI tools enable organizations to analyze high volumes of information in order to have effective support during the decision-making process.
What is BI
Business performance management is a set of management and analytic processes that enable the management of an organization's performance to achieve one or more pre-selected goals.
BPM
Enterprise Performance Management (EPM) is a management field of Business Performance Management which considers the visibility of operations in a closed-loop model across all facets of the enterprise.
What is EPM
EPM Products
EPM (OLAP)
Application Reporting Data
Management
HFM IR ODI Planning FR FDM Web Analysis DRM
Essbase
Categories of EPM
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.
What is HFM
HFM Architecture
Close Life Cycle Process management for tight control of the
review and approval process Data Validation, Auditing. Currency translation to support multiple
local currencies Automatic eliminations for intercompany
transactions
Features of HFM
sub cubic format.
Dimensions
There are 12 dimensions for every HFM application
How the Data Stores in HFM
Metadata is defined as the structural elements of an application that describe and hold data.
Eg: Dimension names, Member names ,Properties ,Exchange Rates and security.
Data & Meta Data
HFM Tasks
Spreadsheet-based solutions are difficult to maintain and do not provide an audit trail. Auditors agree that spreadsheets are insufficient for financial consolidation and reporting today.
Point solutions for financial consolidations are built only for the statutory reporting process and are generally used by only a limited number of employees in the accounting department.
Older Consolidation Tools
5 steps for creating Application. Creating Application Profile. (Year, Period,
View) Creating Application. Managing Application Security. Managing Metadata. Load Data, Data Forms, Member Lists,
Rules, Journals, ICP to the Application.
Application Creation
Steps for loading data through FDM
Data loading process
Consolidation, Control of data. Data Loading Tool Reporting Tool
Overview of HFM,FDM, HFR
->Financial closing & consolidation ->OLAP solution Extended Analysis Reporting Solutions HFR,I.R,Web-
analysis. ->Rules are written in Visual Basic script to
create calculations in HFM.->HFM Consolidate the data and use Data
management tool for loading the data like FDQM,ODI,DRM.
CONCLUSION
THANQ