Hyperion Introduces Next Release Of Hyperion System 9

Hyperion, a known name in the Business Performance Management (BPM) software introduced new capabilities in Hyperion System 9 Release 9.3.

With new functionality in financial management applications, data management services, and BI modules of Hyperion System 9, the new release gives organizations more tools for improving business performance, along with expanded options for integrating diverse enterprise systems.

Launched a year ago, Hyperion System 9 integrated financial management applications and a BI platform in a single system built on a common set of foundation services and accessed via the unified Business Performance Management Workspace. In May, Hyperion added a new Hyperion System 9 application enabling financial data quality management.

Release 9.3 incorporates new capabilities that elevate customers’ ability to design and manage financial applications, control capital assets, and flexibly manage business plans.

BPM Architect is a business process modeling environment that helps enterprises align planning scenarios, financial and operational plans, and financial consolidation processes. The visual modeling environment lets users define process assumptions and properties, map the flow of data and metadata, and share common components between applications, scenarios, and financial activities.

A new Hyperion System 9 Capital Expense Planning module within Release 9.3’s integrated business planning framework provides a packaged and extensible solution for planning the acquisition, lifecycle management, and retirement of capital assets.

The new module allows financial and operational managers to increase the accuracy of their forecasts by integrating capital improvements into their rolling forecasts and annual plans. Now managers can run depreciation and amortization calculations, develop action plans for existing assets, plan for driver-based or user-defined asset-related expenses, and generate asset reports.

Improving Reliability of Enterprise Data

With Hyperion System 9 Release 9.3, Hyperion is also augmenting its existing data management services with a new module for data integration. Building on Hyperion’s existing family of data management services, which include master data management and financial data quality solutions, the new Hyperion System 9 Data Integration Management module provides a solution for integrating Hyperion applications with ERP, CRM, and other transactional systems.

Collectively, Hyperion’s data management services complement the enterprise information management strategy of any organization with solutions that provide the flexibility and governance that business users need, while preserving IT control over the stability and integrity of mission critical information systems. Hyperion System 9 Data Management Services address all forms of performance management information, including financial, operational and master data.