Automatically flow data from Oracle HFM to the Workiva platform to connect budgeting, planning, enterprise consolidations, and financial reporting
With Oracle Hyperion Financial Management (HFM) and Workiva, you can streamline financial operations to ensure confidence in numbers. Use the Workiva pre-built HFM connector to connect in minutes by configuring a few key parameters. Pull any data any time by scheduling automatic updates to occur at any frequency while also retaining the ability to update on demand.
- Automated allocation, consolidation, and FX translation rules in Oracle HFM
- Bi-directional connectivity to manage data, journals, members, and more
- Streamlined opening and closing of periods in Oracle HFM
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Frequently Asked Questions
What are prerequisites that must be completed before I can use Oracle HFM commands in my Chain?
The following are a list of prerequisites: Identify your Oracle HFM administrator. This person or team will be necessary for completing several steps. Install a GroundRunner (GR) on the HFM server (recommended) or a server that has access to your Oracle HFM instance, HFM database, and the JAR files hosted on the EPM server. Apply all whitelisting for Workiva so that the GR can communicate back to Workiva. Often times the assistance from your infrastructure engineering and network engineering teams is required to complete this task. Install Java Runtime Environment 8 or newer on the GroundRunner server. Verify that the PATH environment variables are configured correctly so that GroundRunner can find and use JRE.
What is the best way to verify my Point Of View (POV) is extracting the correct data?
It is recommended that you work with your Oracle HFM administrator to build and proof out the POV within HFM Extended Analytics (EA). After building the correct POV in EA, the POV can be used in your Chain.
Where can I get more information about using Oracle HFM commands within my Chain?
All documentation for Oracle HFM is located at https://support.workiva.com/hc/en-us/sections/360009753031-Oracle-HFM