Oracle has announced the general availability of Oracle Enterprise Performance Management (EPM) System Release 22.214.171.124, which unifies performance management and business intelligence to support a range of strategic, financial and operational management processes.
The latest release features a pre-packaged source adapter for SAP financial data to reduce the complexity and costs of loading that data into Oracle Hyperion performance management applications and Oracle Essbase.
Oracle Hyperion Financial Data Quality Management, a component of the Oracle EPM System which manages the movement and preparation of financial data, now delivers a prebuilt adapter that integrates SAP (versions R/3 4.6c and ECC 6) General Ledger data directly into Hyperion Financial Management, Hyperion Planning, Hyperion Strategic Finance applications as well as Oracle Essbase for financial reporting, budgeting, and forecasting.
Hyperion Financial Data Quality Management, in conjunction with the adapter, improves control of SAP corporate data by automating the collection, mapping, validation and movement of the data from the general ledger system into Hyperion applications and Essbase. Additionally, Hyperion application users have the ability to drill back to the source system. With Hyperion Financial Data Quality Management, organizations can develop standardized financial data management processes and validate data from any source system while helping to reduce costs and complexity.
In addition, the latest Oracle EPM System delivers expanded language support with new support for Brazilian Portuguese, Simplified Chinese, Traditional Chinese, Danish, French, German, Italian, Japanese, Korean, Russian, Spanish, Swedish, and Turkish.
"We've taken a major step forward in helping organizations using SAP Financials to extend their operational excellence to management excellence by creating a direct link to Oracle's Hyperion applications," states Bill Guilmart, vice president of EPM Product Management, Oracle. "The new SAP adapter will enable organizations to efficiently load SAP general ledger data into Hyperion applications and to drill through to SAP Financials, enabling faster reporting and planning cycles, better data transparency and accurate results."
The Oracle EPM System unites Hyperion performance management applications is a component of Oracle Fusion Middleware Built on SOA standards, the Oracle EPM System is hot-pluggable and integrates with non-Oracle data sources and platforms. For more information about Oracle Enterprise Performance Management and Business Intelligence, go here. For more about Oracle EPM for SAP, go here.