Welcome to the Strafford Blog

Welcome to the Strafford Blog

5 More Reasons to Move Oracle HFM to Our Managed Hosting Service

Posted by Michele Morrill

Sep 15, 2015 10:00:00 AM

Screenshot of Private EPM Cloud

Not to be confused with a generic cloud hosting service or even a SaaS solution, Strafford offers a private fully managed cloud hosting service that provides IT Departments confidence in its security while providing the Finance Department a completely supported turnkey application.

Hyperion Financial Management (HFM) is a specialized application with specialized expertise required to design, administer and support it. Our expert team of consultants have years of experience in supporting Oracle Hyperion applications. Our goal is to take the time and worry out of your investment in Oracle HFM and allow your Finance Department to focus on Finance.

Consolidation and Reporting on Strafford's Private EPM Cloud – Part 2

Here are 5 more reasons how Strafford's Managed Hosting Service for HFM will benefit your organization:

  1. Compliance Support
    Our Annual Application Review process provides complete analysis and reporting on your end user security, system security, backup validation, disaster recovery and the functional finance process. This document, and the recommendations provided, could be used during the financial audit process in addition to providing peace of mind for the management team.

    In addition, Amazon maintains a complete list of industry certification and compliance standards at http://www.aws.amazon.com/compliance, including SOC, HIPAA, PCI, ISO 27001, and ITAR certification information.

  2. Full Application Functionality
    Hyperion Financial Management in the Strafford cloud provides all of the same functionality as the on premise version. Your applications are fully transportable to and from the cloud servers. Data integration is easily set up and seamless to on-premises or other cloud ERP solutions as well as other data sources. Smart View integration into Excel is fully supported along with all of the applications including Financial Data Quality Management (FDM) and FDMEE.

  3. 24/7 Network Monitoring
    Strafford offers 24/7 real-time monitoring for our hosted HFM. Every 3 minutes, our network management team monitors over 200 key metrics on each Hyperion server environment. Whether it is a developing disk space issue or a business rule overtaxing the server, our team of experts will become aware of and correct it before anything impacts the user community.

  4. Web-based Password Self-service
    One of the most persistent inconveniences facing internal IT departments is managing user authentications, forgotten passwords, and required password changes for compliance. Strafford has developed a web-based password self-service tool that enables users to reset their passwords independently if and when needed without having to contact your IT department.

  5. A Stable, Reliable Platform
    Strafford Technology uses the Amazon Web Services (AWS) cloud to provide a robust, stable and secure environment for our managed HFM hosting services. AWS is the world’s leading provider of cloud infrastructure-as-a-service, and as an AWS Advanced Consulting Partner, Strafford has demonstrated a high level of expertise in designing, building and managing solutions on the AWS cloud.

Strafford Technology supports the full suite of Hyperion products within a managed application hosting. The net result of providing an optimized, fully supported, managed private cloud is that Finance users won't need to worry about the status of their backups, enhancements, patches, performance monitoring or help desk issues... and can now Focus on Finance!

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Topics: EPM Support, Cloud Hosting, Hyperion Financial Management (HFM), Cloud EPM, Managed Services, Managed Application Services (MAH), Oracle Products