Hyperion Financial Management, represented in SA by BI specialist Global Technology Business Intelligence (GBI), has been awarded an "excellent plus" rating from SPEX, a division of the Meta Group.
The award reflects Hyperion`s high marks in the financial planning, consolidation and reporting research module of SPEX`s international research base. It is the third year that Hyperion has won this prestigious third-party endorsement.
"SPEX evaluates products across four categories: functionality, user-friendliness, technology and market strength," says Johan Cloete, CEO, at GBI. "Hyperion Financial Management received a SPEXmark rating of `outstanding` for functionality and user-friendliness, as well as an `excellent plus` overall rating."
SPEX provides enterprise software evaluations via the Internet to help global companies select business applications and IT solutions to meet their organisational needs.
The SPEX product evaluation also made note of key Hyperion Financial Management strengths, including support for global reporting requirements, smart dimensionality, process management, reporting and integration with third-party data sources.
"In today`s global economy there is increasing pressure to reduce the financial closing and reporting cycle and provide more detailed financial results to internal and external audiences," continues Cloete. "This trend is driving demand for Web-based financial consolidation and reporting solutions that can shorten the time it takes to collect, consolidate and deliver financial results that meet the line of business reporting needs of internal management as well as the changing reporting requirements of the investment community."
Hyperion Financial Management is a Web-based, enterprise-wide financial management and reporting application with multidimensional analysis capabilities that help companies quickly consolidate diverse financial information and better understand and improve overall financial performance. Highlights of the SPEX evaluation are available on Hyperion`s Web site at http://www.hyperion.com/spex.
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