Top 5 Considerations for
Oracle Hyperion EPM Customers
YES!
Thousands of organizations around the world are relying on multiple Oracle Hyperion applications to support their critical finance processes, including Hyperion Financial Management (HFM), Hyperion Planning, Hyperion Financial Data Quality Management, Hyperion Strategic Finance, Hyperion Profitability and Cost Management, Oracle Essbase and others.
These were market-leading products for many years, and customers have received great value from them. However, the fragmented nature of these products creates extra work and costs for Finance teams.
And now, with the premier support for older versions ended in 2021, Oracle is asking customers to upgrade to Oracle Hyperion V.11.2 or convert to Oracle EPM Cloud.
OneStream Software provides a market-leading intelligent finance platform that reduces the complexity of financial operations. OneStream unleashes the power of finance by unifying corporate performance management (CPM) processes such as planning, financial close & consolidation, reporting and analytics through a single, extensible solution. We empower the enterprise with financial and operational insights to support faster and more informed decision-making — all in a platform designed to continually evolve and scale with your organization.
The Inflection Point
Used by over 650 organizations and 60,000 users globally, OneStream is recognized as a market leader by IT industry analyst firms such as Gartner, Dresner Advisory Services, Nucleus Research, BARC and IDC MarketScape and has received the Gartner Peer Insights Customers’ Choice recognition in both Cloud Financial Close and Cloud FP&A solutions.
Top ranks in 38 of 60 categories in the BARC Planning Survey
The highest rating among all vendors and recognition as a Gartner Peer Insights Customers' Choice for Cloud FP&A Solutions
Named a market leader in the 2020 Nucleus Research Value Matrix
for CPM software for the third consecutive year
OneStream Software
362 South Street
Rochester, MI 48307-2240
+1.248.650.1490
sales@onestreamsoftware.com
OneStream.com
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CASE STUDY:
The Carlyle
Group
After replacing Hyperion Essbase and an IT-owned reporting solution, Guardian Industries in now benefiting from OneStream's unified platform for consolidation, forecasting, planning and reporting that is owned by the office of Finance.
Guardian Industries
READ THE CASE STUDY
The implementation of OneStream has resulted in significant process improvements for The Carlyle Group. Consolidating a full year of GAAP actuals was reduced by 4 hours while including significantly more detail than was previously loaded in Hyperion.
The Carlyle Group
READ THE CASE STUDY
Achieving transparency, control, and governance across Hyperion Insurance's international businesses was the biggest challenge with Anaplan. But now with OneStream the individual businesses can do local management reporting with a deeper level of data for analysis.
Hyperion Insurance Group
READ THE CASE STUDY
CASE STUDY:
Hyperion Insurance Group
CASE STUDY:
Guardian
Industries
Multiple Points of Maintenance
Multiple Points of Data Integration
Time Spent Syncing and Reconciling Data Across Applications
High Costs of Ownership and Upgrades
Over the past few years there has been limited innovation and declining support for these legacy products. And now, with the end of support looming for older versions of these products – customers are at an inflection point. Which path will you choose?
Support through 2031
No innovation
Some modules deprecated
Easier deployment and upgrades
Still a fragmented suite with higher cost of ownership
Multiple points of integration / maintenance
Missing functionality vs. on-premise applications
Over 300 Hyperion customers converted
Unified platform that’s easier to use/maintain
Innovative, advanced capabilities
Easier path to the cloud
Here are
your choices
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Upgrade to
Oracle Hyperion V.11.2
Convert to
Oracle EPM Cloud
Conquer Business Complexity and Lead at Speed with OneStream!
Convert to Another Solution – Like OneStream
If you are a current Oracle Hyperion customer, you know the answer ...
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OneStream’s Key Platform Capabilities
Data Management & Quality
Integrate and validate data from multiple sources and make confident decisions based on accurate financial and operating results.
Accelerate time to value with OneStream’s built-in understanding of accounts, currencies, ownership and intercompany activity across financial close and other processes.
Built-in Financial Intelligence
OneStream supports corporate standards while also satisfying more detailed line of business planning and reporting requirements, all in a single, unified application.
Extensible, Unified Data Model
Enables teams to apply trusted financial intelligence to large volumes of operational data from various sources to detect trends and financial signals that drive informed decision-making at the speed of business.
Analytic Services
Break down the barriers to enterprise-wide adoption of Artificial Intelligence and Machine Learning with OneStream’s built-in AI Services.
AI Services
Your success relies on getting quick, clear and accurate support. Our dedicated support
team is available 24/7 to provide rapid and accurate resolutions allowing you to lead at speed. At OneStream, we are dedicated to your success.
World-Class Support
Achieve the security, availability, scalability and performance you need with a modern, extensible cloud platform.
High Scalability and Performance
Learn more
Recognized Industry Leader
Our Mission: Delivering 100% Customer Success
More than 650 mid-sized to large enterprises around the world and across industries are using OneStream for planning, financial close & consolidation, reporting, analytics and more. In fact, 70% of our customers replaced multiple legacy applications such as Oracle Hyperion, SAP BPC and IBM Cognos. These organizations have achieved many benefits, including the following:
Unleash the Power of Finance with a Truly Unified Platform
Empower the Enterprise with Financial and Operational Insights
Evolve to Support Growth and New Business Requirements
Replace multiple legacy systems or cloud point solutions with a unified application
Reduce the time, effort and cost of maintaining legacy applications
Reduce manual steps and accelerate reporting & planning
Support corporate and LOB needs
Gain flexibility and agility in IT
Shifts Finance staff time from admin to value-added analysis
Streamline financial close, consolidation and reporting
Integrate financial and operational data across the enterprise
Deliver timely and accurate results monthly, weekly, daily and take action
Gain agility in planning, budgeting and forecasting
Align finance and operations, front-office and back-office
Accelerate insights, decision-making & predict with confidence
Accelerate delivery of new applications and business insights
Improve finance productivity, spend more time on value-added analysis
Deploy new solutions rapidly, and at low costs
Support future growth and increased business complexity without new software
Hear Directly from Successful Customers
Check out our customer case studies and testimonials to learn why over 300 organizations have chosen to convert from multiple Oracle Hyperion products to OneStream’s unified platform – and never looked back!
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AFL
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Herbalife
Read More
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TerraForm Power
Read More
TerraForm Power
Lucy Group
Read More
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Terex
Read More
Read More
Case Studies
Video Testimonials
Webinar Replays
Start Leading at Speed Today
Schedule your demonstration now to learn how OneStream can help you unleash the value of finance, empower the enterprise with insights and prepare your organization for the future.
Unleash the Power of Finance with a Truly Unified Platform
Empower the Enterprise with Financial and Operational Insights
Evolve to Support Growth and New Business Requirements
Global Brass & Copper
Lucy Group
MEC Global
Oxbow Carbon
Video Testimonial: Oxbow Carbon
Video Testimonial: MEC Global
Video Testimonial: Lucy Group
Video Testimonial: Global Brass & Copper
Webinar Replay: Xylem
Webinar Replay: GE Current
Webinar Replay: Victaulic
Webinar Replay: The Carlyle Group
Over the past few years there has been limited innovation and declining support for these legacy products. And now, with the end of support looming for older versions of these products – customers are at an inflection point. Which path will you choose?
Over the past few years there has been limited innovation and declining support for these legacy products. And now, with the end of support looming for older versions of these products – customers are at an inflection point. Which path will you choose?
This is body text. Proxima Nova Light 30/44
This is headline text. Sanomat
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The Carlyle Group
Herbalife
Read More
Herbalife
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Replaced HFM for financial consolidation, budgeting, forecasting, account reconciliations, data collections and cash flow reporting.
Replaced HFM, Hyperion Planning and Blackline with OneStream for financial consolidation, reporting, planning and account reconciliations.
Replaced HFM, Hyperion Planning and Blackline with OneStream for financial consolidation, reporting, planning and account reconciliations.
Replaced Hyperion Enterprise with OneStream for financial consolidation, financial and management reporting.
Replaced HFM, FDM, Prophix and Excel with OneStream for financial consolidation, reporting, planning and forecasting.
Replaced multiple Hyperion applications with OneStream for financial consolidation, reporting and account reconciliations.
Streamlined reporting, eased the pain of upgrades and improved visibility into their business with OneStream.
Replaced Hyperion Enterprise with OneStream for financial consolidation, reporting, planning, cash flow forecasting and lease accounting.
Replaced HFM, Hyperion Planning and Essbase with OneStream for financial consolidation, reporting, budgeting and long-term planning.
Replaced multiple Hyperion applications with OneStream for financial consolidation, reporting and account reconciliations.
Streamlined reporting, eased the pain of upgrades and improved visibility into their business with OneStream.
Replaced Hyperion Enterprise with OneStream for financial consolidation, reporting, planning, cash flow forecasting and lease accounting.
Replaced HFM, Hyperion Planning and Essbase with OneStream for financial consolidation, reporting, budgeting and long-term planning.
Replaced HFM, FDM, Prophix and Excel with OneStream for financial consolidation, reporting, planning and forecasting.
Replaced Hyperion Enterprise with OneStream for financial consolidation, financial and management reporting.
Replaced HFM, Hyperion Planning and Blackline with OneStream for financial consolidation, reporting, planning and account reconciliations.
Replaced HFM, Hyperion Planning, FDM and Essbase with OneStream for financial consolidation, reporting, planning, forecasting and transfer profit analysis.
Replaced HFM and three other legacy applications with OneStream for financial consolidation, reporting, budgeting and people planning.
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ORACLE NETSUITE
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DYNAMICS
Still not convinced? Sign up for a OneStream Live Demo Webinar. In these 1-hour events, you’ll get a chance to see for yourself how OneStream’s unified, Intelligent Finance Platform helps organizations eliminate the complexity of their IT landscape, streamline critical finance processes and transform Finance teams to value-added business partners who can lead at speed.
SIGN UP FOR THE ONESTREAM CONVERSION ASSESSMENT
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Here Are the Top 5 Upgrade Considerations for
Oracle Hyperion Customers
Consideration 1: TCO
Consideration 2: Efficiency
Consideration 4: Risk
Consideration 5: Evolution
Consideration 3: Effectiveness
Did you know organizations that use Oracle EPM Cloud Products for multiple financial close processes (i.e. close management and external reporting) and/or diverse operational planning processes may require multiple instances or environments of Oracle EPM Cloud products to meet their needs?
Have you considered that each model, environment, and unique Oracle EPM product requires duplicate and independent integrations to source systems, application specific metadata maintenance, application specific security, along with significant integration and orchestration effort to connect and move data between these applications/models?
Did you know that organizations using HFM for financial close & consolidation along with basic planning, profitability or tax will require multiple Oracle EPM Cloud products to replicate their capabilities? Oracle EPM Cloud means more time spent moving data with multiple integration points across these new applications that require unique and separately maintained integrations, metadata and artifacts (i.e. reports, forms, calculations).
Have you considered the impact to your existing HFM users who will now be dealing with newly introduced data silos and extensive training to understand the web of new data integrations that were introduced just to replicate your current process?
Have you had the chance to talk to customer references who’ve migrated their Hyperion solution to Oracle EPM Cloud? Have they been able to replicate the functionality they had with HFM and Financial reporting? What’s been the experience of the Finance team and administrators?
Learning from the experiences of other customers through reference calls is an essential step in an effective evaluation. If your vendor can’t provide a substantial number of positive references that should be a warning sign.
Did you know that Oracle discontinued several key capabilities in Hyperion EPM 11.2 including EPM Architect, Disclosure Management, BI+, Strategic Finance and Essbase Analytics for HFM?
Has your organization considered the effectiveness of making new hardware, data management, disaster recovery investments without moving forward in functionality?
Today’s pace of change requires Finance teams to future proof their EPM investments with a continually evolving ability to address new financial close, reporting and planning requirements without compromising on their requirements and creating technical debt.
Will your organization be able to turn on additional processes such as tax, account rec, reporting, visualizations without spending additional dollars for Oracle Cloud EPM software, environments, and integrations?
For Finance teams looking to chart a new course forward for Finance Transformation, OneStream is inspiring a new standard for corporate performance management.
Still not convinced? Let us help – sign up for a OneStream Conversion Assessment. Our experts will set up a short phone interview to learn about your requirements, find out what Hyperion applications you are currently using and the costs you are incurring, and will do a comparison to what life would look like with OneStream. Just provide your contact information below, and we’ll be in touch within a few days.
Still not convinced? Sign up for a OneStream Live Demo Webinar. In these 1-hour events, you’ll get a chance to see for yourself how OneStream’s unified, Intelligent Finance Platform helps organizations eliminate the complexity of their IT landscape, streamline critical finance processes and transform Finance teams to value-added business partners who can lead at speed.
For Finance teams looking to chart a new course forward for Finance Transformation, OneStream is inspiring a new standard for corporate performance management.
Consideration 5: Evolution
Consideration 4: Risk
Consideration 3: Effectiveness
Consideration 2: Efficiency
Consideration 1: TCO
Have you had the chance to talk to customer references who’ve migrated their Hyperion solution to Oracle EPM Cloud? Have they been able to replicate the functionality they had with HFM and for reporting? What’s been the experience of the Finance team and administrators?
Learning from the experiences of other customers through reference calls is an essential step in an effective evaluation. If your vendor can’t provide a substantial number of positive references that should be a warning sign.
Today’s pace of change requires Finance teams to future proof their EPM investments with a continually evolving ability to address new financial close, reporting and planning requirements without compromising on their requirements.
Will your organization be able to turn on additional processes such as tax, account rec, reporting, visualizations without spending additional dollars for Oracle Cloud EPM software and new environments?
Did you know that Oracle discontinued several key capabilities in Hyperion EPM 11.2 including EPM Architect, Disclosure Management, BI+, Strategic Finance and Essbase Analytics for HFM?
Has your organization considered the effectiveness of making new hardware, data management, disaster recovery investments without moving forward in functionality?
Did you know organizations that require support for multiple financial close processes and/or diverse operational planning processes may require multiple instances or pods of Oracle EPM Cloud products to meet their requirements?
Have you considered that each pod and unique product requires its own data loading and replication, data reconciliation, security as well as customer integration resources to move data between them?
Did you know that organizations using HFM for financial close & consolidation and basic planning, profitability or tax may require multiple Oracle EPM Cloud products to replicate their capabilities, requiring multiple integration points and time spent moving data?
Have you considered the impact to your existing HFM users for change management, training and administrative burden just to replicate your current processes?
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Here Are the Top 5 Upgrade Considerations for
Oracle Hyperion Customers
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Solution Exchange
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OneStream.com
Sales@OneStreamSoftware.com
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Birmingham, MI 48009
Phone: +1.248.650.1490
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OneStream supports corporate standards while also satisfying more detailed line of business planning and reporting requirements, all in a single, unified application.
Break down the barriers to enterprise-wide adoption of Artificial Intelligence and Machine Learning with OneStream’s built-in AI Services.
The OneStream Solution
Exchange allows customers to extend their investment in the platform with more than 75 pre-built business and productivity solutions from OneStream, our partners and our broader ecosystem.
Your success relies on getting quick, clear and accurate support. Our dedicated support
team is available 24/7 to provide rapid and accurate resolutions allowing you to lead at speed. At OneStream, we are dedicated to your success.
Achieve the security, availability, scalability and performance you need with a modern, extensible cloud platform.
Accelerate time to value with OneStream’s built-in understanding of accounts, currencies, ownership and intercompany activity across financial close and other processes.