INFORMATION INDEPTH NEWSLETTER
Financial Management Edition
Oracle Corp
August 2012 Stay Connected: Facebook Blog Twitter Mix
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Oracle Hyperion Data Relationship Management Now Ranks Among Oracle's Fastest-Growing Products

Amid rising pressure to produce the most accurate financial statements possible, a rapidly growing number of organizations across many industries are adopting Oracle Hyperion Data Relationship Management.

Oracle Hyperion Data Relationship Management delivers a range of business benefits for customers, including tools for improving decision-making activities, reducing operational costs, and increasing reporting integrity.

To do this, Oracle Hyperion Data Relationship Management provides a formal, rules-driven collaboration process for synchronizing changes to financial reference data across ERP systems, data warehouses, enterprise performance management solutions, business intelligence applications, and other enterprise resources.

Oracle Hyperion Data Relationship Management enables organizations to
  • Ensure reporting integrity
  • Control and secure shared financial reference data across the enterprise
  • Establish audit controls and accountability
  • Centralize, automate, and simplify complex business rules management
  • Accelerate financial reporting and reduce reconciliation issues
“Using Oracle Hyperion Data Relationship Management, we have eliminated duplication of effort, reduced errors, and increased control and audit transparency in managing dimensions," says Kulbir Sandhu, head of global Hyperion and Oracle Business Intelligence systems at Experian. "In addition, we have improved global reporting and established a foundation for future growth and integration of acquisitions."

Modeling Change
Oracle reports that adoption of Oracle Hyperion Data Relationship Management has been especially strong in industries that face strict regulatory and reporting requirements, such as the financial services sector.

"As companies change to accommodate business-driven initiatives or macroeconomic conditions, modifications to financial reference data requires a combination of precision and human judgment to maintain alignment," says Sophia Tseng, director, Oracle enterprise performance management product marketing. “Oracle Hyperion Data Relationship Management provides a framework for making these changes through enforcement of data governance policies and by modeling the impact of changes.”

Learn more about Oracle Hyperion Data Relationship Management and view a demo.


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