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Oracle for the first time submitted software products of Hyperion within own EPM platform

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08.02.08, 20:32, Msk

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The Oracle company provided own vision of the complete solution for the business performance management created after acquisition of Hyperion Solutions company by it. The system of Oracle|Hyperion EPM (Enterprise Performance Management) is designed to provide to the management of the companies support at acceptance of strategic management decisions.

The software product represents the integrated complex of business applications which, according to the developer, provides a linking of a strategic circuit of planning, the purposes with a circuit of tactical and operational budgeting and monitoring of execution of the strategic program and business plan.

A system includes the functional parts supporting all cycle of management of financial performance from determination of strategy and the purposes, modeling, budgeting and planning before monitoring, the analysis and report generation.

Oracle application of Hyperion Financial Management is based on web technologies and aimed at formation of consolidated financial statements, according to the international or national standards, or with internal corporate standards. Oracle Hyperion Planning allows to automate processes of budget planning.

Oracle Hyperion Financial Data Quality Management is designed to provide standardization financial the data received from any sources and to facilitate their use by other applications of a system.

Oracle Hyperion Workforce Planning is intended for the planning of number of staff, compensation and other indicators connected with labor resources. Oracle Hyperion Capital Expense Planning allows to plan the transactions connected with management of fixed assets.

Oracle Hyperion Performance Scorecard implements the principles of goals management based on the balanced scorecard and other techniques. Oracle Hyperion Strategic Finance is intended for development of strategy financial patterns of the organizations, study of different versions of the development strategy, including an effect of merges and absorption.

These solutions are added by family of BI-applications from Oracle that in general allows the company to offer the clients the single platform including information systems for monitoring and management of different aspects of business performance.