Hyperion, locally represented by Global Technology Business Intelligence (GBI) has introduced the latest version of Hyperion Pillar 4.5, its packaged analytic application for budgeting, planning and forecasting.
Hyperion Pillar 4.5 features a new open architecture that eases customisation and integration with complementary third-party business applications such as spreadsheets, enabling organisations to increase usage and decrease total cost of ownership.
This new version also offers significantly enhanced budgeting process automation through integration with leading e-mail systems, new financial statement reporting functionality and additional analytic capabilities.
Business planning is an integral component of Hyperion Enterprise Performance Management - a suite of packaged analytic applications for maximising shareholder value through business process improvement. In today`s dynamic business environment, organisations must empower decision-makers throughout the enterprise to optimise business performance.
Hyperion Pillar, the business planning component of Hyperion Enterprise Performance Management, is in use by more than 1,400 companies worldwide and enables organisations to turn strategic goals into operational budgets, plans and forecasts enterprise-wide.
Key New Features in Hyperion Pillar 4.5
New Open Architecture
: Hyperion Pillar 4.5 boasts an open application program interface (API), which allows for greater access to its planning information. This open, distributed architecture enables tighter integration with ERP systems, complementary planning applications and other third-party tools. The open API also allows Hyperion Alliance partners to extend and customise Hyperion Pillar for customer specific requirements - thereby lowering training costs, increasing participation in the planning process and reducing total cost of ownership.
Enhanced Process Automation
: Hyperion Pillar 4.5 features enhanced process automation through integration with market leading e-mail applications such as Microsoft Outlook, Lotus Notes and Internet Mail. This integration enables organisations to automate the budget distribution and consolidation process - allowing knowledge workers to spend less time dealing with budget mechanics and more time on value-added analysis.
Improved Financial Statement Reporting Capabilities
: Hyperion Pillar 4.5 offers improved financial statement reporting and analysis capabilities. Financial planners can now leverage the built-in organisational rollups in Hyperion Pillar to dynamically publish integrated financial statements, which reduces maintenance costs and significantly shortens reporting cycles.
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