Oracle Press Release

Oracle Announces New Release of Oracle Hyperion Enterprise Performance Management System

Extends Industry- Leading Applications Suite to Help Organizations Unlock Business Potential

Redwood Shores, Calif. – April 30, 2013

News Facts

Further empowering organizations to plan for profitable growth and report with confidence, Oracle today announced Oracle Hyperion Enterprise Performance Management (EPM) System Release 11.1.2.3.
With updates to user experience and new powerful integrations, the latest release of Oracle’s industry- leading enterprise planning, reporting and financial close applications will enable organizations to easily and accurately leverage their ERP application data and investments while speeding valuable insights.
A new data relationship governance module for Oracle Data Relationship Management customers improves financial master data governance through configurable workflows for master data change management and remediation.
A comprehensive suite of integrated applications designed to align strategy, plans and execution, Oracle’s Hyperion EPM Applications include solutions for strategy management, planning and forecasting, financial close and reporting as well as profitability and cost management.
Oracle Hyperion EPM Applications are part of Oracle Business Analytics, which combine industry-leading enterprise performance management applications with business intelligence technology and analytic applications. Oracle Business Analytics lays the foundation for creating an analytics-driven culture that uses real-time insights to improve business outcomes while simplifying IT and managing risk.

Updates to Leading EPM Suite Help Organizations Grow Profitably and Capitalize on New Opportunities

To thrive in today’s economic environment, organizations must be able to plan and forecast more frequently and broadly across the enterprise, identify profitable growth opportunities, and provide real-time management insights into financial and operational results. Oracle Hyperion EPM System Release 11.1.2.3 incorporates significant updates to help organizations:
Plan for Growth: Delivering faster and more granular profitability analysis, Oracle Hyperion Profitability and Cost Management is now certified to run on Oracle Exalytics In-Memory Machine and pre-configured to enable multidimensional reporting. In addition, usability enhancements to Oracle Hyperion Planning enable organizations to improve user productivity and broaden adoption.
Report with Confidence: With new content and ease-of-use enhancements to Oracle Financial Management Analytics and Oracle Hyperion Financial Close Management, organizations can enhance reporting and deliver better executive visibility. Additionally, by aligning tax information and financial reporting with Oracle Hyperion Tax Provision, organizations can increase the accuracy and efficiency of the complex corporate tax provisioning process.
Accelerate Time to Value: New, out-of-the-box capabilities for detailed planning and reporting in Oracle Hyperion Planning, and improved data integration and master data governance features in Oracle Hyperion Financial Data Quality Management and Oracle Data Relationship Management enable organizations to gain greater benefit from their investment right away and better manage change.

Supporting Quote

“To unlock the potential in their business, finance executives and operating managers need agile planning processes, better insights into profitability, and real-time visibility into financial and operating performance,” said Hari Sankar, vice president of product management at Oracle. “The new release of Oracle’s Hyperion Enterprise Performance Management applications continues to deliver on our vision of providing best in class functionality, in an integrated and modular suite, that integrates seamlessly with Oracle and SAP ERP applications to enable more agile decision-making.”

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Contact Info

Seema Kalra

Oracle

+1.650.506.2925
seema.kalra@oracle.com