HFM data is transformed from SAP data in real-time in SAP. All adjustments can be made in SAP and immediately available in transformed HFM data, enabling real-time consolidation in HFM.
EpmFastTrack takes an innovative approach to integrating data with Hyperion Financial Management (HFM).
Real-time conversion of SAP to HFM data enables data to be reviewed, validated and corrected continuously through the period.
Real time conversion of SAP to HFM data means that the HFM data can be reviewed and validated throughout the month in SAP. This means that any errors arising become immediately apparent as soon as they occur and are notified to users through the workflow
The drill-down enables the documents causing the errors to be quickly identified and remedial action to be taken. At the month end, the users already know the data is correct and can be readily interfaced into HFM.
The high level of automation in the preparation of HFM data and transparency between the HFM and SAP data, ensures the integrity and trust of the reported financial data.
As EPM FastTrack derives the HFM data directly from the underlying transaction data within SAP, stakeholders can be confident that financial statements are supported by the underlying transaction system.
Users can drill-down and confirm exactly where individual transaction lines appear in the HFM data.
EPM FastTrack seamlessly integrates with HFM using industry standard rest API technology and security.
Using the REST APIs data and journals can be rapidly loaded into HFM from SAP
As part of continuous validation, scan loads can be carried out via a REST API on the real-time data and results reported
The HFM application metadata is synchronised with SAP via REST API.