Siebel Systems has chosen Hyperion Planning, Hyperion`s Web-architected budgeting and forecasting application, to standardise its enterprise-wide planning and reporting processes. Using Hyperion Planning, Siebel expects to improve cash flow and profitability through greater line-of-business analysis and more accurately managing and forecasting the company`s growth.
"Our objective is to run a cash-positive, profitable business," says Ned Sizer, senior director of financial planning and analysis for Siebel Systems. "Hyperion Planning is a mission-critical business performance management solution to help us understand and fine-tune our business. It plays a key role in supporting our profitability objective."
For more than a year, Siebel Systems has used several custom applications built on Hyperion Essbase, making it a natural decision to use Hyperion Planning. Siebel Systems required its business performance management solution to be scalable and flexible, while supporting communication, collaboration, modelling and reporting. Hyperion Planning will drive line manager accountability throughout the enterprise and ensure the alignment of goals and full buy-in through bottom-up, detailed plans.
"In an environment of increased business volatility and accountability, where stakeholders are demanding reliable, profitable growth, it is important for all organisations to plan efficiently to maintain a competitive advantage," says Mindy Fiorentino, VP of product marketing for Hyperion. "As a world-class company, Siebel Systems recognises that success is contingent on ensuring that management decisions at all levels of the organisation are aligned with the overall goals of the business.
"With Hyperion`s business performance management solution, Siebel has the budgeting and forecasting systems it needs to focus on profitable areas of the business, improve process efficiencies and leverage opportunities for growth to drive continuous performance improvements across the enterprise."
As the company becomes larger and more geographically dispersed, Siebel`s business users will require a greater degree of visibility into key business drivers and improved analysis capabilities. Hyperion Planning`s Web-based process management capabilities will help users understand and analyse critical-path schedules during the planning process and make data easily accessible for decision-making. Additionally, Siebel Systems will have multidimensional views of its business and be able to manage the planning process simply and easily.
Initially, more than 240 Siebel users will access Hyperion Planning, with usage expected to double in the medium-term. The application will be used for Siebel`s Q402 budgeting and forecasting process and going forward it will be used continually for monthly forecasting and reporting at the company.
Global Technology Business Intelligence (GBI) is the sole distributor for Hyperion business performance management solutions within SA.
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