HFM-NET
HFM-NET is an open source application for financial consolidation, planning, reporting, and analytics. It is built on the .NET platform and provides functionality similar to IBM Cognos Controller at a lower cost.
open-source
financial-consolidation
planning
reporting
analytics
HFM-NET: Open Source Financial Consolidation & Planning
An open source financial consolidation, planning, reporting, and analytics solution built on .NET, offering IBM Cognos Controller-like functionality at a lower cost.
What is HFM-NET?
HFM-NET is an open source financial corporate performance management (CPM) application built on the .NET platform. It provides capabilities for financial consolidation, planning, reporting and analytics.
Key features of HFM-NET include:
- Multi-GAAP and multi-currency consolidation
- Workflow and task management
- Financial and management reporting
- Budgeting and forecasting
- Analytics and dashboards
HFM-NET offers similar functionality to commercial solutions like IBM Cognos Controller, but as an open source application, it can provide significant cost savings over proprietary software. The code is available on GitHub allowing customizations as needed.
It supports integration with various ERPs and data sources. The .NET foundation makes it easy to install and deploy on Windows servers. With its full feature set for CPM, HFM-NET is an attractive free alternative for organizations looking to reduce licensing costs.
HFM-NET Features
Features
- Financial consolidation
- Planning
- Reporting
- Analytics
Pricing
- Open Source
Pros
Open source
Lower cost than proprietary solutions like IBM Cognos Controller
Built on .NET platform
Cons
Lacks support and documentation compared to commercial solutions
Less full-featured than proprietary alternatives
Limited adoption and community
Official Links
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