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Hyperion Financial Close Management and Tax Governance 11.1.2.4.256 is Available
Hyperion Financial Close Management and Tax Governance PSU 11.1.2.4.256 Patch 32842799 11.1.2.4.256 PSU for Financial Close Management and Tax Governance are the same patch but have different readme steps. NOTE: If you have Tax Governance and Financial Close Management installed on same environment, please follow the readme steps from FCM 11.1.2.4.256 instead. NOTE: If you
Oracle EPM Cloud – July 2021 Update
Each month, Oracle EPM Cloud releases a list of updates to each of the products in the EPM Cloud Suite. The patches are first deployed to Development environments (occurred on July 2nd) and two weeks later to Production environments (July 16th after 22:00 UTC). Below are some of the highlights of changes made to your
Inspiring Intelligent Finance: The Rise of XP&A
With Gartner[1] projecting that, by 2024, 70% of all new FP&A projects will have an extended scope beyond the Finance department, FP&A teams are buzzing with excitement. Why? Well, along with the bold statement on the future of FP&A, Gartner has also reinforced what many of FP&A leaders already know to be true. Finance’s role
The Back Story of Financial Analysis in Government
If government finance is about anything, it is about data. Often vast amounts of data. Data that is received (from source systems such as ERPs or other agencies), data that is processed (such as budget formulation, allocations, and projections), and data that goes out the door (data to other agencies and reports to the pubic).
OneStream Earns 100% Recommendation Score in BARC Planning Survey 2021
If you’re in Corporate Finance, you likely found your planning and analysis processes being stressed and challenged this past year. Perhaps you were driven into increased rounds of forecasting due to COVID-19. Or maybe the Suez Canal being blocked by a large container ship left your team scrambling to adjust forecasts. As a result, like
Why OneStream is the Financial Brain for Modern Business
In a media interview that was published by Barron’s in April of 2021, OneStream CEO Tom Shea spoke about the company and described the OneStream platform as “the financial brain for modern business.” This analogy is a powerful way to describe OneStream to non-technical and even non-Finance audiences who are trying to understand what the
Corrective vs. Preventative Security Measures
Data security and controls are a growing area of importance in the world of modern finance, and there are different methods that can be taken to improve your information security. To set the stage we are going to start this post off with a description of two separate home security scenarios: Your home comes equipped
Oracle EPM Cloud – June 2021 Update
Each month, Oracle EPM Cloud releases a list of updates to each of the products in the EPM Cloud Suite. The patches are first deployed to Development environments (occurred on June 4th) and two weeks later to Production environments (June 18th after 22:00 UTC). Below are some of the highlights of changes made to your Oracle EPM Cloud Products:
xP&A and Integrated Business Planning in CPM / EPM
Previously, we discussed the idea of Finance Business Partnering, highlighting the growing trend of finance needing to actively collaborate with the broader business function to truly drive the business. The onset of the pandemic in 2020 put the importance of Finance Business partnering and xP&A (Extended Planning and Analysis) directly into the spotlight. Now, more than ever,
Establishing a Technical Perimeter for Oracle Hyperion 11.1
Organizations who leverage Oracle Hyperion EPM for financial consolidation, business planning, reporting and analytic needs are at a critical crossroad. Version 11.1.2.4 Premier support ends as of December 2021. Running on this current version beyond the end of premier support presents the following challenges: Increases security risk Vulnerabilities continue to be found and patched until premier support end
OneStream Named Market Leader in BARC Score Financial Performance Management 2021
After debuting last year in the BARC Score for Germany, Switzerland and Austria (a.k.a. DACH), 2020 turned out to be a record year for OneStream. The company exceeded its 2020 projections and achieved 85 percent growth in Annual Recurring Revenue (ARR), including triple digit ARR CAGR in EMEA from 2017-2020, across more than 650
OneStream is Customers’ Choice in Cloud FP&A Solutions – Once Again!
When evaluating corporate performance management (CPM) software, Finance and IT teams often consult several sources as they are developing their short list of vendors. These sources include the advice of trusted colleagues, auditors and consultants as well as IT industry analyst reports. And just as we all leverage customer reviews when evaluating the purchase of
Set up Multi-calendar reporting in Oracle Financial Consolidation and Close (FCC)
Multi-calendar reporting is a common Financial Reporting requirement where the fiscal year ends for submitting entities are different than the consolidated group or intermediary sub-group fiscal year end. For example, the consolidated group fiscal year end could be December 31 while some submitting entities or intermediary sub-groups have a March 31 or June 30 fiscal
FCC – Blocks & Missing Blocks
You are certain the Essbase Calc Script you’ve written in Financial Consolidation and Close (FCC) is correct but can’t figure out why it’s not working? The issue is likely due to missing blocks. What are Blocks? Every combination of stored sparse dimension is a block and every block contains all of the dense dimension members.
Finance in the 2020’s: 6 Steps to Leading at Speed
The year 2020 was one that anyone who experienced it will not soon forget. After starting off the year with great expectations about the decade ahead, by March the global COVID-19 pandemic put a wrench in just about every organization’s plans for the year and cast a major blow to the global economy. As the