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October 11, 2009

Oracle unveils new version of EPM system

Adds ERP Integrator module to its Hyperion Financial Data Quality Management

By CBR Staff Writer

Oracle has launched Enterprise Performance Management (EPM) System Release, which combines performance management and Business Intelligence (BI) to support strategic, financial and operational management processes.

According to Oracle, the new release adds Enterprise Resource Planning (ERP) Integrator module for Oracle Hyperion Financial Data Quality Management that integrates the E-Business Suite General Ledger and PeopleSoft Enterprise General Ledger metadata directly into Hyperion Financial Management and Hyperion Planning applications, and supports bi-directional data integration for financial budgeting, forecasting, and reporting.

The EPM System Release, a component of Oracle Fusion Middleware, delivers enhancements and integrations spanning simulations, data visualisation and enhanced calculation management capabilities, the company said.

Oracle said that the new offering also features enhanced integration between Oracle Essbase and Oracle Crystal Ball, a spreadsheet-based application for predictive modeling, forecasting, Monte Carlo simulation and optimisation. 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.

Bill Guilmart, vice president of EPM product management at Oracle, said: The introduction of the ERP Integrator module significantly strengthens the integration between the Oracle E-Business Suite and PeopleSoft Enterprise with Hyperion applications. With the module making metadata and data integration simpler, customers can extend their ERP investments while improving their reporting, analysis and planning cycles.”

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