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Financial Reporting Services Overview
Finance organizations face many regulatory and management reporting challenges. They need to close their books faster; quickly provide accurate financial reporting and analysis to external regulatory agencies and internal management teams; all within a controlled and documented process that meets the requirements of the Sarbanes Oxley Act and the company's auditors. Modern financial consolidation software and best practices can help address these challenges while adding robust reporting to aid in the management of your business.

Jaggy provides industry-leading services around Oracle Hyperion Financial Management (HFM), a financial consolidation and reporting application built with advanced Web technology, but used and maintained by the finance team. HFM provides financial managers the ability to rapidly close and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.

Oracle Hyperion Financial Management (HFM) is a financial consolidation and reporting application built with advanced web technology, but used and maintained by the finance team. It provides financial managers the ability to rapidly close and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.

Oracle Hyperion Financial Management Value Proposition

• Analytic focus - HFM allows users to spend less time on processing tasks and more time on data analysis
• Faster reporting cycles - HFM enables companies to reduce closing cycles which in-turn allows stakeholders to receive results in a more timely manner
• Market leading data transformation - Hyperion utilizes FDQM (Financial Data Quality Management), an out-of-the-box data transformation tool that populates planning, consolidation, and reporting systems with transformed source system data. FDQM features several capabilities such as ensuring data integrity and straightforward reconciliation to financial data, but it's strength lies within the internal auditing capabilities – providing audit trails back to the source financial data
• Observance of global accounting principles - Facilitates adherence to local and global accounting principles such as GAAP, IFRS, FASB, and Sarbanes-Oxley.
• Single version of the truth - Reporting benefits from the HFM approach of consolidating financials
• Straightforward integration - Integration with existing corporate infrastructure and other Oracle products such as FDQM makes HFM attractive to corporate officers and the accounting/finance end-user community
• The future of reporting - HFM utilizes XBRL (Extensible Business Reporting Language) to convert data into a standard format. Financial Reporting and the XBRL applications are included with Oracle's Hyperion Financial Management. This allows HFM customers to consolidate, analyze and report financial data in the newly adopted XBRL format

Key Benefits
Jaggy has significant experience with Oracle EPM/HFM in the field of accounting and finance. Partner with Jaggy to unleash the potential of Hyperion Financial Management. What we offer:

• HFM and Planning Functional Application Expertise
• FDM Expertise
• Technical Expertise
• Implementation and Integration Expertise
• Project Management
• User Training
• System Testing
• Application Performance and Tuning

Please contact us for additional information.