Ads by Google

Oracle Extends Enterprise Performance Management Leadership With New Release

Oracle OpenWorld -- Oracle (NASDAQ: ORCL)

News Facts

--  To help organizations achieve management excellence, Oracle today
announced the availability of Oracle(R) Enterprise Performance Management
(EPM) System Release 11.1.1.3, which combines Performance Management and
Business Intelligence (BI) to support a broad range of strategic, financial
and operational management processes that enable organizations to become
smart, agile, and aligned.
--  This latest release introduces the Enterprise Resource Planning (ERP)
Integrator module for Oracle Hyperion
Financial Data Quality Management that supports the bi-directional
integration of financial data into Oracle Hyperion performance management
applications from various ERP systems.
--  A component of Oracle Fusion
Middleware, Oracle EPM System Release 11.1.1.3 also delivers
enhancements and integrations spanning simulations, data visualization and
enhanced calculation management capabilities to help organizations more
efficiently optimize performance through improved business insights and
decision-making.  This release is localized and available globally.

Turnkey Integration Helps Organizations Save Time, Improve Accuracy of Data

--  Oracle Hyperion Financial Data Quality Management now features a
prepackaged module, ERP Integrator, that integrates the
Oracle E-Business Suite General Ledger (Releases 11.5.10 cu2, 12.0.6,
and 12.1.1) and Oracle's PeopleSoft
Enterprise General Ledger (Release 9.0) metadata directly into Hyperion Financial Management and Hyperion Planning applications, and
supports bi-directional data integration for financial budgeting,
forecasting, and reporting.
--  With this new module, Hyperion Financial Data Quality Management
automates and simplifies the collection, mapping, validation and movement
of the data from general ledger systems to Hyperion applications.

--  Hyperion application users can also drill through to the Oracle
E-Business Suite and PeopleSoft Enterprise General Ledgers to further
analyze the data by examining transactional details.

Enhanced Simulation, Calculations Management and Visualization Features

--  This new release also features enhanced integration between Oracle
Essbase and Oracle
Crystal Ball, a spreadsheet-based application for predictive modeling,
forecasting, Monte Carlo simulation and optimization.  This integration
enables inline simulation within the Hyperion Smart View for Excel
interface, which allows end users to view, import, manipulate, distribute
and share Hyperion application and Essbase data in Microsoft Excel.  Users
can specify assumption variables and forecast variables directly within
Excel.
--  The Oracle EPM System's common Calculation Manager, which enables
customers to graphically design, validate and administer business rules,
now supports Oracle Essbase in
addition to the previously supported Hyperion Planning and Hyperion
Financial Management.
--  Oracle Essbase Visual Explorer introduces custom defined
geographic levels that allow the user to define their own mappings if the
geographic dimension, for example "Eastern Region," lacks a standard
geographic definition such as city, state or country.

Previewing New Oracle EPM System Functionality at Oracle OpenWorld 2009

--  Demonstrating its commitment to delivering leading Enterprise
Performance Management solutions, Oracle's plans to further accelerate
financial reporting capabilities by providing customers with a faster close
will be previewed at Oracle OpenWorld 2009.
--  Extensions to its leading financial consolidation solution, Oracle
Hyperion Financial Management, will also be previewed at Oracle OpenWorld
featuring additional planned financial close and disclosure management
capabilities, including enhanced XBRL support.

Supporting Quotes

--  "The introduction of the ERP Integrator module significantly
strengthens the integration between the Oracle E-Business Suite and
PeopleSoft Enterprise with Hyperion applications," said Bill Guilmart, vice
president of EPM Product Management, Oracle. "With the module making
metadata and data integration simpler, customers can extend their ERP
investments while improving their reporting, analysis and planning cycles.
We're committed to delivering new capabilities and integrations to our
leading performance management applications that will further help our
customers manage, interact with, and utilize their financial and
operational information to drive better business performance and results."

--  "To reap the full benefits of our Oracle EPM applications, it's
important to have seamless integration with our transaction systems," says
Pandit Dhananjay, Sr. IT Analyst, Coherent.  "The new Oracle ERP Integrator
module will simplify the process of importing metadata and data into Oracle
Hyperion Planning and Oracle Hyperion Financial Management and has the
potential to reduce significant manual work in defining data
synchronizations."
--  "Dealing with questions about information in financial reports can be a
major overhead burden for finance departments," said Scott Peters,
Director, Finit Solutions.  "With Oracle's new ERP Integrator, finance
staff have a simple, direct, efficient tool for finding the answers to
those questions.  End users will be able to drill from aggregated numbers
in their planning or financial reporting system directly to the transaction
detail in their general ledger for faster analysis and decision-making."

--  "In the current business and financial climate, the need for financial
data quality has received increasing focus as reporting requirements only
continue to grow," said Robin Ranzal, President, Ranzal & Associates.  "One
of the key challenges that organizations that have deployed Enterprise
Performance Management solutions face is ensuring that data and metadata
remained synchronized, often in real time.  The new ERP Integrator
addresses this critical dependency by allowing organizations to source
metadata and data directly from their ERP systems.  This advance can
deliver an improved ROI -- not only for an organization's EPM investment
but also for their ERP investment."

Supporting Resources

--  About Oracle Enterprise
Performance Management and Business Intelligence
--  Oracle EPM System
Brochure
--  Oracle Hyperion Data Sheets and
Brochures
--  Press Release: Oracle EPM System
Adapter for SAP Financial Data
--  Press Release: Oracle Buys
HyperRoll
--  Follow Oracle EPM&BI on
Twitter
--  Download
free, evaluation versions of Oracle EPM and BI software.  Terms,
conditions and restrictions apply.

Oracle Innovation Showcase For more than 32 years, Oracle has been a technology innovator, transforming the way business is conducted. To learn about Oracle's latest technologies and history of innovation, visit the Innovation Showcase at oracle.com/innovation. And during Oracle OpenWorld (October 11-15), you can hear and interact with innovators from Oracle and its partners at oracle.com/openworld.

About Oracle Oracle (NASDAQ: ORCL) is the world's largest business software company. For more information about Oracle, please visit our Web site at http://www.oracle.com.

Trademarks Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

This document is for informational purposes only and may not be incorporated into a contract or agreement.

Contact Info

Eloy Ontiveros
Oracle
+1.650.607.6458
Email Contact

Kristin Reeves
Blanc & Otus
+1.415.856.5145
Email Contact


SOURCE: Oracle Corporation

http://www2.marketwire.com/mw/emailprcntct?id=FFA31FE0AF1349F7
http://www2.marketwire.com/mw/emailprcntct?id=97398B10B5A82D27

Copyright (C) 2009 Market Wire. All rights reserved

News Provided by COMTEX


Related terms: business, business intelligence, contract, email, finance, import, investment, nasdaq, president, product management, software, technology, web

Related Articles

Oracle Named a Leader in Business Performance Solutions by Leading Analyst Firm
Nov 20, 2009
...states that “Oracle’s broad product...consolidations solution, Oracle Hyperion Financial Management...offerings within the Oracle Hyperion Enterprise Performance Management (EPM) family...Datasheets Follow Oracle EPM&BI on Twitter...

FusionOps cloud-based, on-demand enterprise performance management solution
Nov 17, 2009
...demand enterprise performance management. Support for...enabling much-needed performance management and business process...advancements in enterprise performance management as we monitor and...including SAP and Oracle. Furthermore...

Oracle Named a Leader in Business Performance Solutions by Forrester Research, Inc.
Nov 20, 2009
...Hamerman, states that Oracle s broad product set includes...consolidations solution, Oracle Hyperion Financial Management (HFM...product offerings within the Oracle Hyperion Enterprise Performance Management (EPM) family Planning...

Oracle to oppose EU objections to Sun acquisition
Nov 10, 2009
...04/20/235700/sun-rises-for-oracle-in-7bn-deal.htm"> <b>$7...04/20/235700/sun-rises-for-oracle-in-7bn-deal.htm"> <b>$7...p>' /> Register | Login Oracle to oppose EU objections to Sun acquisition...