At A Glance: Hyperion
Collating all the information from a business, especially one with a number of sites and departments, in preparation for financial reports can be a complex undertaking. At one time, an entire finance department was needed for even small businesses to put together all this information. But today there are online software programs that can do all of this for you and need just one expert to operate.
One of the top systems of this nature is called Hyperion and is produced by Oracle. Hyperion is a financial consolidation and reporting application that also makes use of advanced web technology to complete its functions. This means that a financial manager can quickly and easily put together a range of financial reports as well as meet the requirements of regulations and laws. It allows a reduction in the cost of complying with relevant regulations and allows a business to be totally confident in the accuracy of the information it provides.
In order to have Hyperion work for your business, you will need Hyperion consultants and developers to institute the program and arrange the system. These highly qualified and experienced freelancers can be found on Upwork and can be engaged no matter where in the world you are based, thanks to the online nature of the software. An expert in Hyperion can also organize reports for tax provisions and management analytics as well as legal and compliance reports. By setting up the program today, your business can benefit for years to come with simple upgrades to the existing system.