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What is Oracle Hyperion?

Oracle Hyperion Financial Management is a comprehensive web-based solution designed for global financial consolidation, analysis, and reporting, all within a flexible software environment. This platform utilizes advanced technology to empower finance departments to take full ownership and management of their processes. The most recent update to the web interface has greatly enhanced usability, aligning it more closely with other offerings in the Hyperion suite. Users will benefit from improved navigation across various applications, allowing for easy access to a wide range of modules and documents. Key functionalities include the Point of View bar, Member Selector, and various upgrades to Journals, Data Forms, and Data Grids. Additionally, users can easily access dimension member properties from diverse components such as the Member Selector, data forms, data grids, journals, or Process Management tools, streamlining the management of financial data. This comprehensive approach not only enhances the efficiency of finance teams but also provides them with the agility and accuracy necessary for effective financial management. As a result, organizations can expect better alignment and integration across their financial operations.

What is CloseCoda?

CloseCoda is a tailored solution designed to meet the consolidation requirements of Workday Financials, specifically addressing the complexities involved with multi-level hierarchy waterfalls and elimination tasks that native Workday tools fail to adequately manage. By facilitating the quick and accurate generation of consolidated trial balances and reports across multiple entities, levels, and time periods, it enables organizations with complex structures to achieve financial closures more efficiently. With automation features focused on effective data consolidation, elimination at sub-levels, and the ability to manage large column counts, CloseCoda can be adjusted to align with your specific organizational needs and serves as a comprehensive solution both during the initial implementation and after the system goes live. Moreover, it operates under a subscription framework, providing ongoing support and functionality. Clients have reported notable decreases in the time required for consolidation tasks, with many implementations being finalized in a mere 3 to 5 business days. The platform not only streamlines the implementation process but also improves enterprise-level reporting capabilities across a wide range of projects or portfolio companies, consistently delivering reliable consolidated data without the necessity for manual involvement. Ultimately, CloseCoda allows organizations to refine their financial processes, guaranteeing enhanced accuracy and effectiveness in reporting while also fostering a culture of continuous improvement. This dedication to innovation positions CloseCoda as an essential asset for any organization seeking to elevate its financial management practices.

Media

Media

Integrations Supported

DataTerrain
EPMware
Lease Insight
Longview Tax
Oracle Smart Space
Oracle University
Precog
Property Tax Plus
RunMyJobs by Redwood
Style Intelligence
Toucan
Workday Financial Management

Integrations Supported

DataTerrain
EPMware
Lease Insight
Longview Tax
Oracle Smart Space
Oracle University
Precog
Property Tax Plus
RunMyJobs by Redwood
Style Intelligence
Toucan
Workday Financial Management

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/middleware/technologies/financial-management.html

Company Facts

Organization Name

Kognitiv

Date Founded

2008

Company Location

United States

Company Website

kognitivinc.com/closecoda/

Categories and Features

Business Performance Management

Ad Hoc Reports
Ad hoc Analysis
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard
Key Performance Indicators
Predictive Analytics
Qualitative Analysis
Quantitative Analysis
Scorecarding
Strategic Planning

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Categories and Features

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