Professional services firm Ernst & Young LLP and Hyperion Solutions have announced the Ernst & Young CFO Solution Set. The CFO Solution Set provides business solutions for financial decision support and customer management supported by an integrated data warehousing technology framework.
The CFO Solution Set helps organisations unleash the value of data in their enterprise resource planning (ERP) and transaction processing systems as well as other corporate data stores.
The framework enables customers to leverage Ernst & Young`s consulting and systems integration expertise with Hyperion`s packaged analytic applications and OLAP (online analytical processing) technology. Using this framework, customers can deploy a broad range of analytic applications that drive a rapid return on their data warehousing and ERP investments and speed business decisions.
One of several solution sets within Ernst & Young`s Advanced Development Centre, the CFO Solution Set is based on Hyperion`s comprehensive family of packaged analytic applications and enterprise OLAP (online analytical processing) technology. It also leverages integration with other leading data warehousing products including the Sagent Data Mart Solution, CorVu Balanced Scorecard and Performance Management Solutions, and the Oracle relational database. With the CFO Solution Set, Ernst & Young and Hyperion are providing a decision support environment that enables customers to discuss their business issues and then visualise and implement solutions that optimise and improve their operations.
Immediately available for Ernst & Young clients at its Advanced Development Centre, the CFO Solution Set was developed for a large financial services company and provides financial decision support while enhancing the planning, budgeting, consolidations and customer management processes. It is based on Hyperion`s complete family of products, including Hyperion Enterprise, Hyperion Pillar, Hyperion Essbase OLAP Server and Hyperion Integration Server.
These offerings are ideally suited to leverage the data generated by operational systems and stored in data warehouses.
"By creating a `lab` environment, we can demonstrate, prototype and fully integrate new and existing products with real-life data volumes," says Mark Zozulia, senior manager with Ernst & Young and a member of the leadership team for their data warehousing practice. "This provides a significant advantage for our clients to leverage `best practices` and lessons learned in developing a next-generation architecture that solves their key business issues. The combination of Hyperion`s technology platform and Ernst & Young`s focus on data warehousing, decision support and ERP will help our clients achieve a higher ROI, increase the effectiveness and value of operational systems, and accelerate the time to deploy critical decision support applications." Hyperion products are distributed in South Africa by Global Technology Business Intelligence.
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