Bluestone Hyperion Strategic Finance

Bluestone Hyperion Strategic Finance, often referred to as Hyperion, represents a suite of business performance management (BPM) software solutions historically developed by Hyperion Solutions Corporation, and later acquired by Oracle. Although Oracle has since integrated Hyperion into its broader Enterprise Performance Management (EPM) Cloud offerings, the 'Hyperion' name remains synonymous with powerful financial planning, budgeting, forecasting, and reporting capabilities.

At its core, Hyperion strategic finance tools empower organizations to streamline their financial processes and gain deeper insights into their performance. The platform's architecture traditionally comprised several key modules, including:

• Hyperion Planning: A robust planning and budgeting tool allowing for collaborative planning, scenario modeling, and top-down/bottom-up budgeting approaches. It facilitates the creation of detailed financial plans that align with strategic objectives.
• Hyperion Financial Management (HFM): A consolidation and reporting solution designed to streamline the financial close process, ensure data accuracy, and comply with regulatory reporting requirements. HFM automates the consolidation of financial data from multiple sources, providing a single, unified view of the organization's financial performance.
• Hyperion Essbase: A multidimensional database (OLAP) that enables powerful data analysis and reporting. Essbase allows users to quickly slice and dice data, perform complex calculations, and identify trends and patterns.
• Hyperion Strategic Finance (HSF): Specifically focused on long-range strategic planning, financial modeling, and valuation. HSF allows companies to model complex financial scenarios, assess the impact of strategic decisions, and determine their overall financial value.

The strategic finance module (HSF), is particularly useful for activities like merger and acquisition (M&A) analysis, capital budgeting, and long-term forecasting. It provides a framework for building comprehensive financial models that incorporate key assumptions and drivers. By enabling scenario planning, HSF allows companies to evaluate different strategies and make informed decisions about future investments.

While Oracle has evolved the Hyperion suite into its EPM Cloud, the underlying principles and functionality remain relevant. Today's Oracle EPM Cloud offers similar features with the added benefits of cloud deployment, enhanced collaboration capabilities, and advanced analytics.

Organizations leverage Hyperion/Oracle EPM Cloud to:

• Improve the accuracy and efficiency of their budgeting and forecasting processes.
• Gain better visibility into their financial performance.
• Make more informed strategic decisions.
• Comply with regulatory reporting requirements.
• Optimize capital allocation.

In summary, Bluestone Hyperion Strategic Finance, whether in its traditional on-premise form or within the broader Oracle EPM Cloud, provides a powerful set of tools for organizations seeking to improve their financial planning, analysis, and decision-making capabilities.