The Value On-Premises EPM Can’t Offer CFOs

Posted by Steve Berry

May 15, 2018 10:34:00 AM

When it comes to EPM, the old adage, “You only get what you pay for” doesn’t apply. You can actually get a lot more — if you move your on-premises EPM (or your Hyperion finance) solution to the cloud.

Over the past years Strafford has helped dozens of companies move their on-premises Hyperion finance solutions to a cloud-based EPM environment such as Oracle Cloud. In all cases these companies’ CFOs were looking to lower the total cost of ownership (TCO) and also extract

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Topics: EPM Support, Cloud Hosting, Cloud EPM, Finance Best Practices, Enterprise Performance Management (EPM)

Agile EPM Reduces Risk and Makes Stakeholders Happy

Posted by Steve Berry

Apr 26, 2018 11:16:00 AM

An agile EPM approach reduces risk, gets to value faster, creates less waste, and is more likely to make your stakeholders happy. So why build your EPM system any other way?

When we listed in a recent blog article the top ten reasons why EPM projects fail, one of the reasons we listed was “scope creep” — and one of the reasons for listing it, we wrote, is that scope creep undermines agile. That might seem like a contradiction since both scope creep and agile are about doing things incrementally — which is true. But where agile

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Topics: EPM Support, Implementation or Upgrade, Risk and Compliance, Finance Best Practices, Enterprise Performance Management (EPM)

Why not let the Cloud manage Hyperion too?

Posted by Steve Berry

Feb 7, 2018 12:49:41 PM

Lower capex is why many companies move applications to the cloud. But did you know you might also sharply lower opex by moving application management to the cloud too?

The economics of moving applications to the cloud are well known. You avoid large “forklift” infrastructure investments while always making sure the technology running your applications stays up to date. In addition, a cloud-based infrastructure is almost infinitely

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Topics: EPM Support, Cloud Hosting, Managed Services, Managed Application Services (MAH)

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

Posted by Michele Morrill

Sep 15, 2015 10:00:00 AM

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.

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

5 Reasons to Move Oracle HFM to Strafford's Private EPM Cloud

Posted by Michele Morrill

Sep 14, 2015 3:03:27 PM

Consolidation and Financial Reporting on Strafford's Private Cloud

Hyperion Financial Management (HFM) is Oracle's best-of-breed financial consolidation and reporting application. Oracle HFM provides finance managers the ability to quickly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance, and deliver confidence in the numbers.

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Topics: EPM Support, Cloud Hosting, Hyperion Financial Management (HFM), Cloud EPM

Closing Your Books in the Cloud Using Oracle HFM

Posted by Deborah Jelley

Feb 19, 2015 1:13:00 PM

Hosting Oracle HFM In The Cloud

You have concerns about moving your consolidation and close process to the cloud. You want to understand the pros and the cons. You want to know if using Hyperion Financial Management (HFM) in the cloud is cost-effective, efficient and adaptable to your environment.

You are not alone.

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Topics: EPM Support, Cloud Hosting, Hyperion Financial Management (HFM), Cloud EPM

Oracle Hyperion Financial Management in the Cloud Currency Conversion Feature

Posted by Deborah Jelley

Jan 23, 2015 8:41:00 AM

Could you do it in the Cloud? Would you, could you do it in your office? (with apologies to Dr. Seuss…)

Why would you want to perform a direct currency conversion on Oracle's Hyperion Financial Management (HFM) in the Cloud? Maybe it’s important to be able to look at data that comes in from your subsidiaries and translate it immediately to see if the currency fluctuation is material. Well, consider this: you may have your physical HFM application set to always translate your actual data and populate canned reporting on an overnight or perhaps even a continuous basis during your closing cycles. That’s fine for your final reports, but what about translating data on the fly? 

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Topics: EPM Support, Cloud Hosting, Hyperion Financial Management (HFM)

Get Enhanced Office Integration with Hyperion Smart View

Posted by Michele Morrill

Nov 3, 2014 9:28:00 AM

Most longtime users of Hyperion Enterprise are familiar with the Retrieve function. Retrieve allows you to integrate Microsoft Excel spreadsheets with Hyperion Enterprise databases. Working from within an Excel spreadsheet, you can easily access data from your Hyperion application and have the ability to analyze, manipulate, and report data in a widely used office tool.

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Topics: Financial Reporting, EPM Support, Cloud Hosting, Hyperion Financial Management (HFM), Hyperion Planning, Oracle Products

Data Security on the Cloud

Posted by Michele Morrill

Sep 18, 2014 12:52:00 PM

Securing Data with AWS

Data security is important to us at Strafford. We leverage Amazon Web Services (AWS) to create a secure hosting environment for our clients’ Enterprise Performance Management (EPM) applications and storage of their sensitive financial data.

Many Enterprise clients are concerned about data security for regulatory or compliance reasons. As an AWS Consulting Partner, we’ve designed our EPM hosting solutions to meet or exceed these requirements.

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Topics: EPM Support, Cloud Hosting

Managing User Authentication with EPM Hosting

Posted by Michele Morrill

Aug 27, 2014 11:43:00 AM

Managed EPM Hosting with Microsoft Active Directory Integration

A common challenge with cloud hosting is managing user authentication. Most cloud services require the creation of a new database of usernames and passwords that needs to be managed independently of the existing corporate user database.

Strafford Technology's Managed EPM Cloud service does not require this added level of complexity or aggravation for your staff. In most enterprise IT environments, user logins are already being centrally managed by a Microsoft® Active Directory database. Strafford integrates our hosted servers with our clients’ existing Microsoft Active-Directory implementations, allowing for seamless, single-sign-on access to hosted enterprise performance management applications.

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Topics: EPM Support, Cloud Hosting, Cloud EPM, Managed Services, Managed Application Services (MAH)