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Home » Services » Reporting Solutions » Reporting Tools » Hyperion

Outsource Hyperion Reporting

The challenge for today's finance professionals is to integrate financial and operational performance reports to give a consolidate view of the business. This is also a rounded view which instills confidence from within and outside on the success of the company. Though it is systemically required to maintain different systems for operations and finance, a single snapshot of the combined results is what will help them close their book and announce results confidently.

Hyperion System 9 Platform

Hyperion system 9 is the most comprehensive suite of Business Performance Management tools.

  • Reduce auditing and processing time by introducing preventive and automated controls using Hyperion 9 Financial Management
  • Bringing finance and operational data together to gain twin insights into your business performance
  • Does not require any change in your existing systems thus saving cost on integration

    • The Hyperion platform was the first to integrate financial management applications with Business Intelligence tools to create a solution adaptable to all business needs. Hyperion System 9 is comprehensive and provides insights and multiple perspectives of the business, past trends, future projections and present operational effectiveness thus helping consistent business performance.

    Hyperion, a world leader in Business Intelligence platform addresses all management reporting needs. The platform has all types of management, financial and production reporting with dashboards which apart from having the capability to connect to multiple sources are also highly interactive.

    Hyperion System 9 Financial Management

    Reporting regulations are tightening with compliance agencies demanding increasing visibility into the business. Internally, business leaders are demanding greater participation from accounting and finance executives to provide insights into business for decision making.

    Companies are increasingly realizing that without a stable, sustainable and scalable platform the various needs cannot be met. Hyperion 9 with this Financial Management designed for finance professionals, reduces process time for closing books, provides greater transparency and helps finance transform into a business partner than a storekeeper.

    Unlike other solutions which demand IT teams to manage financial applications, Hyperion 9 is build for finance professionals. It is a platform with a comprehensive set of tools for consolidating reports and reduces cost of regulatory reporting compliance. Hyperion 9 provides enterprise level functionalities and depth in consolidation and reporting. Finance teams grapple with multiple systems to collate data manually or with little systemic help end up shooting up the cost and reducing accuracy.

    Key Benefits

    Hyperion has been around for 20 years helping organizations succeed by providing them valuable insights into their business.

    Compliance

    Reduce auditing and processing time by introducing preventive and automated controls using Hyperion 9 Financial Management. It produces a single version of the business story through the web thus increasing internal and external transparency for the business.

    Combined Insights

    Hyperion 9 Financial Management brings finance and operational data together to gain twin insights into your business performance. Now manage your Key Performance Indicators without any manual intervention. You can also view profitable sources of income at different levels like company, brand and customer.

    Deployment You can easily deploy and get benefits instantly with the Hyperion 9 Financial System with its packaged functionality which also considerably reduces customization needs.

    Financial Close Times Instead of spending precious time consolidating and double checking entries finance executives can be working on analysis and opportunities. With Hyperion 9 Financial System all financial closures can be easily achieved confidently and accurately.

    Integration with Other products

    Financial management is part of the family of Hyperion System 9 Applications+ suite of business performance tools. Though Financial Management is modular it can be combined with other products to provide added functionality and comprehensiveness. As you do with your budgets you can increase the functionality of the application.

    Integration with existing systems

    The question on top of decision makers minds is will the new system demand a change in our underlying transaction systems and infrastructure. Hyperion 9 Financial System can seamlessly integrate with existing financial systems, data warehouses and other sources. Implementing the Hyperion system does not require any change in your existing systems thus saving cost on integration.

    Key Features

    Control Risks

    Hyperion Financial Management provides audit trails, workflows, reviews and certifications, validations and that you can be confident of your numbers. It also has a feature of Intercompany Transaction Matching module, expanded text handling and ability to attach documents.

    Financial consolidation and reporting Financial Management system incorporates statutory requirements like US-GAAP, IFRS for compliances and accuracy. Hyperion 9 Financial Management provides intercompany eliminations, currency translations, interest calculations delivering them quickly and in a cost effective way.

    Smart dimensionality

    Smart dimensions allow you to identify and report on new sources of profitability and cash flow at different levels like cost center, product, brand and customer.

    Scenarios

    This feature in Hyperion 9 Financial Management allows what if scenarios to dynamically consolidate and report on financial budgets and forecasts. As changes come in you can quickly produce new statements.

    Reporting and Analysis

    The Financial Management module is complemented by a production report writer, online query tools with a graphical interface, and a Microsoft Excel interface to be used by the finance and middle management teams. These are reports are accessed and generated by finance and management executives without any help from the IT teams. A new feature to embed Hyperion information as Microsoft Smart Tags allows for integration with Microsoft Office Tools.

    Architecture With relational data storage and a complete web based interface allows users to access the system remotely through a browser. Multiple users in different locations can enter, consolidate and access reports easily and quickly.

    Tools and Adapters Transaction, HR and other enterprise reporting systems can be integrated with Hyperion 9 Financial Management system easily using the Data Quality Management Tool or vendor certified adapters.

    Extend with tools and API's With industry-standard tools and API's (Application Programming Interface) the Hyperion 9 Financial Management system can be extended to satisfy business issues quickly and cost effectively.

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