Senior Oracle (HFM/Planning/Essbase) Consultant at a tech services company with 1,001-5,000 employees
Real User
Top 20
Oct 27, 2025
The usual use cases for Oracle HFM that I support are for financial institutions, crewing for ships, and an Australian airlines company. They use the application mainly for management reporting purposes, reporting for taxation, and specialized business operations. In my current role, a hierarchy is being maintained for the types of class in an airline, such as business class and economy class, to name a few.
Senior Consultant at Velocity Technology Solutions
Real User
Feb 1, 2023
The product is used as a financial consolidation tool. When the group-level financials need to consolidate, companies use this ERP software. They are uploading the values for all the entities within that group and preparing a consolidated financial statement for across the group.
Oracle HFM is a flexible and robust financial management tool, offering efficient data consolidation and multi-currency capabilities for comprehensive financial reporting and analysis.Oracle HFM facilitates end-to-end financial consolidations, featuring outstanding data consolidation performance and flexible configuration options. Offering efficient multi-currency translations and complex ownership calculations, it delivers superior data integration, ensuring data consistency and accuracy...
The usual use cases for Oracle HFM that I support are for financial institutions, crewing for ships, and an Australian airlines company. They use the application mainly for management reporting purposes, reporting for taxation, and specialized business operations. In my current role, a hierarchy is being maintained for the types of class in an airline, such as business class and economy class, to name a few.
We are an implementation and Oracle EPM partner. We implement, support, and do all that goes with it.
We use the solution in our organization for financial data.
The product is used as a financial consolidation tool. When the group-level financials need to consolidate, companies use this ERP software. They are uploading the values for all the entities within that group and preparing a consolidated financial statement for across the group.
We primarily use this solution as a consolidation tool. The solution is deployed on-prem. We are on version 11.1.2.4.