Benefits of Using Hyperion Financial Management System

Before founding Specialty Holdings in 2018, Ranjeet Reddy Paladugu worked for over five years at Loreal, where he served in numerous leadership positions such as the head of finance. As an experienced finance professional, Ranjeet Reddy Paladugu has a working knowledge of several financial systems and processes, including Hyperion and Lawson.

Hyperion is one of the most comprehensive financial management systems available for businesses, and it is owned by the company Oracle. As a finance management software, Hyperion offers several benefits, such as allowing for an integrated consolidation and reporting of financial results that outcome in reduced internal control risks.

Another benefit of using the Hyperion Financial Management (HFM) system is that it is easily integrated with other Oracle software. The Oracle Hyperion Disclosure Management integration, for instance, allows a modernized and automated creation of regulatory reports that decrease the cost of compliance.

HFM also provides in-depth insights and performance metrics about the company, a product, customer relations, and more.