Oracle Hyperion Financial Data Quality

What is Oracle Hyperion Financial Data Quality?

Hyperion Financial Data Quality Management solution from Oracle eliminates the data integrity risks associated with collecting, mapping, verifying, and moving critical financial data. With it, you can build standardized, repeatable processes and avoid the typical inefficiencies of collecting financial data. These transparent processes give you greater assurance of clean data and accurate results.

Key features include:

  • Guided workflow interface
  • Complete data validations and error checking
  • Automated data mapping and loading
  • Prepackaged system adapters
  • Detailed audit reviews and reconciliations
  • Support for standard file formats as well as direct connections to transaction systems

Oracle Hyperion Financial Data Quality improves the productivity of Finance staff by streamlining the time-consuming task of manual data reconciliation by automating and verifying data submissions:

  • Complete audit trails from trial balance to report give users a transparent, intuitive view of data and processes.
  • A Web-based user interface enables business users to load, review, and verify data for any target system.
  • Guided workflow helps users create sophisticated data mappings and repeatable processes.
  • Support for multi-GAAP (IFRS) reporting and reconciliations.
  • Connect Source Data to Oracle Hyperion Enterprise Performance Management System

The solution can benefit your organization by increasing confidence in the numbers; lowering the cost of compliance; simplifying financial data collection and transformation; standardizing with repeatable financial processes; delivering process transparency through audit trails; achieving timeliness of data with a web-guided workflow process; improving the productivity of finance staff; and supporting multi-GAAP reporting.

As an Oracle Gold Partner, MindStream Analytics has extensive experience with the Oracle suite of enterprise performance management solutions, which also includes Essbase, Hyperion Financial Management, Hyperion Planning, Budgeting & Forecasting, and Hyperion Profitability & Cost Management.

We also provide expertise with Oracle EPM Cloud offerings including Oracle Enterprise Planning Cloud (EPBCS), Oracle Analytics Cloud (OAC), Oracle EPM Planning, Account Reconciliation Cloud, Financial Consolidation & Close Cloud, Profitability & Cost Management Cloud, and Tax Reporting Cloud. We offer deep knowledge of multidimensional modeling and help clients gain valuable insight into complex financial and operational data sets to enhance business performance.

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