Hyperion, warp 9.3

Hyperion, a provider of business performance management software, today introduced a new upgrade to Hyperion System 9 in release 9.3.

Version 9.3 promises new functionality in financial management applications, data management services, and business intelligence modules of Hyperion System 9. Hyperion System 9 was released about one year ago and was reportedly at that time the industry’s first product to integrate financial management applications and a BI platform in a single system built on a common set of foundation services.

A new Hyperion System 9 Capital Expense Planning module within Release 9.3’s integrated business planning framework can now stake claim as “the industry’s only packaged and extensible solution for planning the acquisition, lifecycle management, and retirement of capital assets.” Concretely speaking, this module allows financial and operational managers to integrate capital improvements into their rolling forecasts and annual plans, to run depreciation and amortization calculations, to develop action plans for existing assets, to plan for driver-based or user-defined asset-related expenses, and to generate asset reports.