Oracle Hyperion Disclosure Management
A new addition to Oracle's financial close solutions, Oracle Hyperion Disclosure Management enables organizations to centralize and effectively manage the development of XBRL tagged submissions now required by many regulatory bodies.
Oracle Hyperion Disclosure Management enables customers to graphically perform XBRL tagging at several levels – within Microsoft Office, within EPM System reports or in the datasource metadata. The solution lets customers modify or extend taxonomies before the mapping process as well as set up multiple taxomonies. Final XBRL instance documents can be created and validated before submission.
Oracle Hyperion Disclosure Management's common foundation and tight integration with other Oracle performance management applications reduces the total cost of ownership by providing a single point of maintenance—a feature that point solutions and non-integrated EPM suites cannot match.
Key Benefits
- Streamlined filing process – Enterprises can highly automate the creation of XBRL tagged submissions
- Improved submissions accuracy – Organizations can create and control their XBRL submissions rather than relying on third-party organizations
- Improved user productivity – Full integration with Microsoft Office means that users are familiar with the technology and can easily manage the process
- Reduced Costs – No fees must be paid to 3rd parties to create XBRL submissions
