Whats trending in Oracle Hyperion 11.1.2.4??
The primary enhancements planned for HFM in version 11.1.2.4 are:-
- Performance Gains. - Oracle has taken a fresh look at how the consolidations run behind the scenes. Some major improvements have been made. Initial testing with real customer models are seeing reductions in consolidation times from one hour to ten minutes with no hardware changes.
- Exalytics Certification – removal of the windows dependency from the product.
- Product Extensions., Two new products have been added to the Financial Close Suite:-
- Financial Reporting Cloud Service (FRCS) – Not to be confused with the existing Financial Reporting product, this new product focuses on the process and workflow associated with the collection of data / comments and charts from multiple people, collation into reports and the subsequent review and approval of these reports. The bigger you are the more you’re likely to see benefits from this offering.
- Supplemental Data Manager (SDM) – Targeted at the collection of data required for internal or external reporting that is not in the GL and is of a supplemental nature, such as a Revenue breakdown by Customer.
FDMEE
There are some significant changes occurring with data and master data integration. Here’s a breakdown of the main points:-
- From version 11.1.2.4 it is mandatory for FDM and ERPI customers to adopt FDMEE(no additional license cost is involved).
- Essva11.1.2.4 FDMEE now includes the option to have Essbase / Planning and HFM as targets or sources from an integration perspective – meaning that it can be used to move data between these tools (Oracle also announced that the little used EPMA data sync capability is being removed).
- These is no doubt that this product is the primary go forward data integration tool for Oracle EPM.
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