Component of Oracle Fusion Middleware Enables Improved Predictive Modeling and Reduced Forecasting Time
Redwood Shores, Calif. – February 11, 2009
News Facts
Further extending its leadership in enterprise performance management (EPM) and business planning, Oracle today announced availability of
Oracle Hyperion Strategic Finance Fusion Edition R11, a financial modeling application that lets executives understand the full financial impact of alternative corporate strategies.
The new release features integration with
Oracle Crystal Ball, a spreadsheet-based application for predictive modeling, forecasting, Monte Carlo simulation and optimization. The combination of Oracle Hyperion Strategic Finance and Oracle Crystal Ball helps organizations manage risk and uncertainty in capital investment and financing decisions.
The release also features new integration with
Oracle Hyperion Financial Data Quality Management. This allows for automated data sourcing from systems like general ledgers, budgeting and consolidations systems. Users will have the ability to drill back to the source system, providing an audit trail and more confidence in the data.
Delivering Value to Partners and Customers
The latest release of Oracle Hyperion Strategic Finance helps partners and customers extend the value of their current investments in Oracle financial planning and modeling applications with new risk and uncertainty management capabilities as well as automated data integration.
The release delivers a number of key benefits including the ability to:
Improve forecast accuracy by quantifying probability and risk in critical financial and operational decisions.
Enhance data integration and drill-back capabilities;
Reduce risk by identifying key risk drivers in forecasts and simulating alternatives to optimize results;
Communicate risks through graphs, charts and reports that support decisions and can be shared across the enterprise;
Reduce forecasting time by utilizing easy to use simulation tools that can be run within minutes;
Extend EPM investment by leveraging existing spreadsheet and EPM technologies;
Making informed management decisions by quickly seeing the effects of plan changes throughout the model; and,
Supporting Resources
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.
Services 
