You can use Oracle Hyperion Strategic Finance as a stand-alone application or as a client-server system. Use the Strategic Finance Client to locally develop financial models (entities) that can be stored locally or on the Strategic Finance server. The Strategic Finance Server is a centrally-managed version control system that also hosts multiple databases that you can use to promote financial uniformity between models and archive data. The Strategic Finance Server can also host staging databases you can use to export data to and import data from external databases and maintains the Admin Doc that contains administrative settings. Users check out the entities required for their financial models on the Strategic Finance Server, develop them on the Strategic Finance Client, and then check them into the server.