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EPM Insights

Essbase integration to improve HFM implementation

ReportSource have recently been successful in integrating HFM with Essbase at a major UK Bank. This is a ground-breaking implementation of what has, for some time, been discussed as a viable solution to dramatically improve the performance of large HFM implementations.

In this solution, Essbase takes much of the reporting load from the HFM application servers, providing better speed-of-thought drill-down than pointing the reporting tools directly at HFM. This ensures that the HFM application servers are able to support what they are best at – calculating and consolidating the financial results. The solution also provides further flexibility by feeding some data-sets not needed in HFM (such as the Plan) directly into Essbase to support comparative reporting.