The full form of HFM is Hyperion Financial Management.
Hyperion Financial Management (HFM) is a comprehensive, web-based financial consolidation, reporting, and analysis application. It provides a single, highly scalable software solution that supports global statutory reporting requirements, along with US GAAP and IFRS.
Key features of HFM include:
- Financial Consolidation: Automates the process of consolidating financial data from multiple sources.
- Reporting: Provides robust reporting capabilities for internal and external stakeholders.
- Analysis: Enables in-depth analysis of financial data to identify trends and opportunities.
- Compliance: Helps organizations comply with regulatory requirements such as US GAAP and IFRS.
HFM is often used by large organizations with complex financial reporting needs. It's part of the Oracle EPM (Enterprise Performance Management) suite.