Printer Friendly

Suzano Petroquimica Boosts Sales, Saves Time With Help From Hyperion.

Hyperion Business Intelligence Platform Helps Latin America's Leading Plastics Producer Implement Company-Wide Efficiencies

SANTA CLARA, Calif. -- In a sweeping effort to improve corporate performance, Suzano PetroquE mica has achieved results that would leave most companies envious. Suzano PetroquE mica is the Latin American leader in the production of polypropylene resins and the second largest producer of thermoplastic resins in Brazil, and is joint controlling shareholder of polyethylene producer Riopol and synthetic elastomer producer Petroflex.

Since 2003, Suzano PetroquE mica has improved its sales, trimmed the time required to make business decisions, and reduced quarterly report preparation. Suzano PetroquE mica achieved the efficiencies through a company-wide transformation helped in large part by solutions from Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software.

Suzano PetroquE mica, whose polypropylene resins represent an extremely versatile product used daily by consumers worldwide in such items as in plastic packaging, home appliances, cosmetic, healthcare and cleaning packaging, and in the automotive and textile industries. Suzano PetroquE mica selected Hyperion's business intelligence platform to track and measure performance across the rapidly growing company. The firm's goal was to establish and monitor a range of performance targets and initiatives throughout the organization and better integrate the company's business areas and supporting units. With those efforts in place, the company could closely manage performance both locally and globally.

The company implemented a Hyperion planning and scorecarding solution as part of a global corporate initiative to align business processes with strategic goals. Suzano PetroquE mica selected Hyperion software because it enables managers to determine excellence in several key categories, including corporate finance, knowledge domain, team management capacity, and the ability to execute the company's mission. The Hyperion business intelligence platform also offered advanced functionality, including a sophisticated modeling capability, robust analyses, direct access to the company's existing ERP system, and an easy-to-use, Web-based user environment. These advanced capabilities proved especially crucial to Suzano PetroquE mica when the company grew even more rapidly with the acquisition of its production partner, Polibrasil.

"With Hyperion, we can now establish key initiatives and clear priorities, and align all efforts as a whole to achieve desired results," said Edilson Teixeira, Performance Manager, Suzano PetroquE mica. "All business processes are now linked to key initiatives focused on results and designed to add value to all stakeholders."

Suzano PetroquE mica deployed Hyperion to support its adoption of the renowned Balanced Scorecard (BSC) methodology, which enables organizations to chart a clear map to ensure each aspect of its operations drives all activities toward corporate objectives. In only two years, Suzano PetroquE mica proved a resounding success, earning a coveted place in the Balanced Scorecard Hall of Fame.

With Hyperion as a key component of the company's BSC culture, Suzano PetroquE mica racked up impressive results. The company: boosted sales by 126 percent; reduced the time needed to prepare for quarterly reports; accelerated vital management decisions; improved insight into financial and business regulatory processes; and helped the global organization internalize the concept of "creating value."

"Hyperion helps us to focus on what is critical for the company's strategy; we're more effective, we've strengthened our organizational performance, and key managers are more aligned with business processes," added Teixeira. "Because data is available instantly, the whole management staff can quickly meet discuss and make decisions based on the analysis of strategic indicators."

About Hyperion

Hyperion Solutions Corporation (Nasdaq:HYSL) is the global leader in Business Performance Management software. More than 12,000 customers in 90 countries rely on Hyperion both for insight into current business performance and to drive improved performance. With Hyperion software, businesses collect, analyze and share data across the organization, linking strategies to plans and monitoring execution against goals. Hyperion integrates financial management applications with a business intelligence platform into a single management system for the global enterprise. For more information, visit www.hyperion.com.

"Hyperion" and Hyperion's product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Sep 25, 2006
Words:669
Previous Article:PTC Helps Customers Bring Better Products To Market Faster Through Work With IBM; PTC(R) Windchill(R) Awarded 'Ready for IBM Rational' Software...
Next Article:Research and Markets: Renal Cell Carcinoma and Multiple Myeloma: Leaders Emerge, But Plenty of Room for Numerous Competitors - ASCO Review Part I - A...
Topics:


Related Articles
Montell Polyolefins.
Montell Polyolefins.
Chemical reactions: Pemex Petroquimica moves to modernize without legal reforms.
Cut now, profit later: impatient for sales to bounce back, corporate Latin America slashes costs. (The Top 100 Companies).
Petrochem powerhouse: Brazil's Braskem is set to grow, but its clients--and the government--want competition.
Brazilian paper merger complete.
Venezuela To Have New Petrochemical Firm.
The Top 500 companies in Latin America.
Index.
Top 500 companies in Latin America.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters