Hyperion HFM

Michael Piloto

Vice President EPM, BI & BPO Lines of Business

View Bio

Oracle's financial close management solution is the first of its kind – a centralised, web-based financial close management solution that spans the extended financial close cycle.

Oracle Hyperion Financial Management (HFM)

HFM is a financial consolidation and reporting application supporting global accounting and statutory reporting requirements, including intercompany eliminations, multicurrency translations, and minority interest calculations. Standards supported include U.S. GAAP, IFRS, and local statutory requirements. Oracle HFM adds value to single or multi-instance ERP environments, consolidating and reporting financial as well as non-financial information needed for sustainability reports and other requirements. It includes an end-user oriented, production reporting tool. 

The first application of its kind, Oracle Hyperion Financial Close Management will help manage all financial close cycle tasks including: 

  • Ledger and sub-ledger close
  • Data loading and mapping
  • Financial consolidation
  • Reconciliation
  • Tax/treasury and
  • Internal and external reporting processes 

Why Velocity?

Velocity is a leader in providing Hyperion products and services in both the traditional consulting model as well as in a full outsourced SaaS model, powered by Oracle's BPS license programme. 

As well, Velocity was first in the EPM ecosystem to provide Hyperion hosting, and first to provide HFM in a fully hosted, BPS model with full support for our clients’ consolidation-to-close process cycles.

Hyperion Application Expertise

  • Hyperion Planning
  • Hyperion Financial Management (HFM)
  • Essbase
  • Financial Close & Reporting
  • Hyperion Disclosure Management

Oracle Hyperion Partner

Velocity is an Oracle BPO Partner and is one of a select few Oracle partners authorised to provide Hyperion software in a subscription model, hosted in a virtual environment.

Upgrade to Hyperion 11.1.2.x

Now is the time to plan your upgrade strategy to own the benefits of Oracle’s latest Hyperion release. Learn More.

You use Oracle® Hyperion® to apply intelligence to your data, and Velocity takes an intelligent approach to managing your Hyperion solution.

Want to take advantage of the flexibility and cost advantages of the cloud?  

Velocity extends those benefits to our customers with virtual private cloud hosting optimised for Oracle’s JD Edwards – not a generic platform where one-size-never-fits-all.

Concerned about staffing shortages or access to CNC expertise? 

As your business partner, not just your infrastructure provider, our team of CNC experts and staff is always on hand to be an extension of your team. 

Thinking about adding content management or other complementary software to your ERP? 

Ask Velocity. Our customers run these applications with us today using our Infrastructure-as-a-Service or Platform-as-a-Service, so real world advice is a short phone call away.

Need to shore up the resiliency of your IT environment? 

Velocity’s Managed Disaster Recovery Services include regular testing, giving you proof and confidence that your IT environment is recoverable at the speed of your business.

A Hyperion Total Cost of Ownership Guide

A transparent Hyperion management pricing chart.

View Guide