SOURCE: Oracle Corporation

Oracle Corporation

April 29, 2010 08:00 ET

Customers Using SAP Applications Continue to Select Oracle® Enterprise Performance Management System for Financial and Operational Management

Oracle's Industry-Leading EPM System Enables Organizations to Integrate With and Leverage Investments in SAP and Non-SAP Systems

REDWOOD SHORES, CA--(Marketwire - April 29, 2010) -  Oracle (NASDAQ: ORCL)

News Facts

  • Customers across all industries and around the globe continue to select Oracle® Enterprise Performance Management (EPM) software to manage and optimize financial and operational performance across the enterprise while leveraging their investments in SAP systems.
  • Customers relying on Oracle EPM software in conjunction with SAP include Anadarko Petroleum Corporation, Hess Corporation, Kesko Corporation, Pearson, PUMA, Stanley Black & Decker, Ursus Breweries, amongst many others.
  • Oracle's EPM System is hot-pluggable and integrates with Oracle and non-Oracle data sources and transactional systems, including SAP.
  • Approximately 89 percent of SAP customers in the Global Fortune 500 use Oracle EPM or Business Intelligence.
  • Roughly 45 percent of Oracle EPM customers use SAP. In all, over 4,000 global customers using Oracle Hyperion performance management applications and Oracle Essbase also use SAP. 

Pre-built Integration between Hyperion Applications and SAP Systems

  • Oracle's EPM System brings together category-leading Hyperion performance management applications, packaged BI applications and a foundation of BI products into a complete and integrated system. It complements SAP transactional systems and data warehouses, enabling customers to take advantage of their investments and data in these systems to improve decisions and manage performance across business functions.
  • To further help reduce the complexity and costs of integrating SAP financial data into Hyperion applications and Essbase, Oracle introduced a pre-packaged source adapter in 2009 that integrates SAP (versions R/3 4.6c and ECC 6) General Ledger data into Hyperion Financial Management, Hyperion Planning, Hyperion Strategic Finance applications as well as Essbase for financial reporting, budgeting, and forecasting.
  • The combination of Oracle Hyperion Financial Data Quality Management and the SAP adapter enables customers to:
    • Leverage SAP data for performance management by automating the collection, mapping, movement and validation of data from the general ledger system into Hyperion applications and Essbase; 
    • Drill back to the source system from Hyperion applications and view transactional details in SAP; and, 
    • Simplify the implementation of Hyperion applications with SAP systems, resulting in faster deployments upfront as well as lower total cost of ownership over time.
  • The recently unveiled Oracle EPM System Release 11.1.2 introduced two new applications -- Oracle Hyperion Financial Close Management and Oracle Hyperion Disclosure Management -- that utilize Oracle Fusion Middleware technologies to deliver standards-based integration with SAP systems. These new applications address critical needs in financial close and statutory reporting for customers.

Supporting Quotes

  • "With thousands of Oracle EPM customers relying on SAP systems, we've continued to focus on improving integration between the two," said John O'Rourke, vice president of EPM Product Marketing, Oracle. "Organizations can take heart knowing that investments in SAP operational and transactional systems can be leveraged by Oracle's Hyperion applications and Essbase to help them streamline their planning, reporting and analysis processes."
  • "Across our enterprise, we use more than five ERP systems, but SAP is our mainstay in Finland," said Heikki Kemola, Project Manager, Kesko Corporation. "We get about 70 percent of our overall data from SAP. That's why it is critical to have a system that can help us consolidate and report on data from SAP. The Oracle Hyperion Financial Management system delivers."
  • "Pearson required a solution that would enable consolidation, reporting and planning from various ERP systems including Oracle and SAP," said Michael Benjamin, SVP and Controller Americas, Pearson. "The goal was to enact consistent reporting and planning from different businesses across the globe. Oracle's Hyperion performance management applications helped us to create efficiencies by incorporating data from disparate sources and streamlining reporting and forecasting processes."
  • "We looked at many different products and completed our own analysis of providers and products," said Ken Kordana, Manager of Internal Reporting and Global AR at Stanley Black & Decker. "We chose Hyperion Financial Management because we felt it was best suited to help us implement a Web-based solution on a global scale that could integrate data from SAP and other sources."
  • "Our company has been using SAP transactional system for several years and Oracle Hyperion financial management system for overall business consolidation," said Cristina Popovici, Finance Development Manager, Ursus Breweries, owned by SABMiller, one of the world's largest brewers. "In 2009, after a thorough analysis of top available planning solutions, we selected Oracle Hyperion Planning, which best fit our specific business requirements. Hyperion Planning allows Ursus to build detailed, flexible variance scenarios that enable fast, well-informed decision-making, insight into key value drivers, and greater agility to react quickly to changes into the volatile beverage market."

Supporting Resources

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