If you are faced with a software selection process coming up, or running a tender, we have compiled a must-ask question list for all customers to challenge software sales representatives:
1) How many applications or instances of ORACLE HYPERION FINANCIAL MANAGEMENT (HFM) will be required to support different requirements such as strategic finance, financial budgeting & planning, financial consolidation, management reporting?
2) How are different instances of ORACLE HYPERION FINANCIAL MANAGEMENT (HFM) administered, centrally or distributed? How can we synchronize data and meta data across multiple instances?
3) How many users can be supported on a single instance of ORACLE HYPERION FINANCIAL MANAGEMENT (HFM)? How many servers will be needed to fully support our application and user requirements?
4) What's your plan for industry or function specific Financial Management (HFM) applications? Are these built on the same platform as ORACLE and integrated with it?
5) How do you manage strategic financial modeling requirements with multiple embedded or layered "what-if" scenarios?
6) Which version of ORACLE HYPERION FINANCIAL MANAGEMENT (HFM) does ORACLE consider strategic?
7) Which version of ORACLE HYPERION FINANCIAL MANAGEMENT (HFM) is ORACLE demonstrating and why?
8) Ask ORACLE to demonstrate all the methods for creating complex calculations? E.g. Excel formulas, Visual Basic Macros, Business Rules Management and MDX Functions, any other type of programming language.