Hyperion, represented locally by Global Technology Business Intelligence (GBI), has announced the availability of Hyperion Allocations Manager, an enterprise-scale analytic application for managing the assignment of revenues and indirect costs across organisations, products, and customers.
Hyperion Allocations Manager streamlines the creation, collaboration and customisation of complex business allocation models, enabling companies to respond more quickly to rapidly changing business environments, improve the precision and relevance of business analysis and enhance the quality of strategic decision-making.
Integrated with Hyperion Essbase OLAP Server, Hyperion Allocations Manager enables business users to create allocation models that can be used across a variety of analytic applications, including those for budgeting and planning, financial consolidation, and customer and product profitability.
Hyperion Allocations Manager is a foundational application that can be used in conjunction with Hyperion Enterprise Performance Management and Hyperion CRM, as well as with custom-deployed analytic applications. This broad applicability helps companies lower the total cost of ownership for these applications and ensures consistency in their allocation processes.
"Creating and implementing sophisticated allocations processes has traditionally been challenging and an inexact science within organisations, which often leads managers to incorrect assumptions and conclusions. Organisations have traditionally been forced to write custom applications to create allocation models," says GBI MD Mark Williams. "This requires heavy support from IT. These custom-built applications are time-consuming to create, costly to maintain and difficult to adjust in a timely manner. Hyperion Allocations Manager provides a graphical interface and equips users with several commonly employed allocation methods, to help shorten the development and maintenance time for complex business allocations - reducing the dependency of end-users on technical staff and freeing them to focus more time on value-added business activities.
"In addition, as organisations add product lines or change business processes, Hyperion Allocations Manager enables business users to adjust their allocation models to fit the new business environment."
Key features
Allocation method templates
: Pre-packaged, reusable allocation method templates serve as calculation building blocks for application designers who can combine and quickly define their own unique cost and revenue allocation processes. Organisations can incorporate the entire enterprise-wide allocation process without writing a single line of code.
Distributed collaboration
: Enables companies to distribute centrally created allocation calculations enterprise-wide, while giving line managers the flexibility to adjust and initiate calculations whenever they need to examine their specific business results. Individual business users gain the ability to run allocation processes and models more frequently, securely and independently. Hyperion Allocations Manager is available now and runs on all Microsoft Windows variants, and within all Hyperion Essbase OLAP Server environments.
Share
