Hyperion Launches Financial Data Quality Management Solution
Hyperion, a key player in Business Performance Management (BPM) software, introduced Hyperion System 9 Financial Data Quality Management, a packaged solution for finance users to develop standardized financial data management processes with a Web-based guided workflow user interface.
The solution is designed to simplify data collection and transformation, improve the productivity of the finance staff and lower the cost of compliance. It includes a unique option that allows companies to push consolidated results to their existing tax preparation application, reducing the time and money frequently spent on a largely manual, error prone process.
The Hyperion System 9 Financial Data Quality Management solution also offers functionality for lowering compliance costs, including instant error checking, audit validation, automatic archival and closing functionality.