What is a HFM?
What is a HFM?
Oracle Hyperion Financial Management , or HFM, is a financial consolidation and reporting application designed to be used and maintained by the finance team. The module provides an efficient way to identify, reconcile, and report on intercompany account differences at a transaction, or ‘invoice’level.
What is HFM planning?
Oracle’s Hyperion Financial Management is a web-based Financial Consolidation , reporting and analysis tool. It provides financial stakeholders with the ability to rapidly close and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.
What is HFM code in SAP?
HFM is one of the financial reporting system. you can call it one of the legacy systems also. Data is stored in SAP in certain tables in a way that when they exchange the information with HFM system it reflects in a certain way.
How many dimensions is HFM?
Oracle Hyperion Financial Management provides eight system-defined dimensions and enables you to populate an unlimited number of custom dimensions that you can apply to accounts.
What is Hyperion FDM?
Oracle Hyperion Financial Data Quality Management, Fusion Edition (FDM) is an out-of-the-box data transformation tool that feeds source-level financial data to consolidation, reporting, planning, and analytical applications.
Is HFM part of SAP?
The integration between HFM (Target System) and SAP (Source System) is accomplished via the use of FDMEE (Financial Data Quality Management, Enterprise Edition). FDMEE is the ETL tool that handles integrations between source and target systems.
What is Hyperion and how is it used?
Hyperion allows the businesses to integrate and manage the goals, strategies, and their execution. It runs on a unified platform. Mostly, it is used in financial analysis and reporting.
What is HFM and SAP?
