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Workforce Intelligence from Hyperion Helps Companies Measure Human Capital Impact.


Companies Use Hyperion to Manage their Most Valuable Asset with Insight into Workforce Composition, Performance, and Trends

SANTA CLARA Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba.
, Calif. -- To gain insight into the demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data.  of their workforce and more effectively leverage their human capital around the globe, companies in multiple industries are turning to human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  solutions from Hyperion (Nasdaq Global Select: HYSL), the global leader in Business Performance Management (BPM) software.

Companies are increasingly recognizing the importance of measuring the return on their investment in personnel-related expenses, such as recruiting, direct compensation, training, benefits, and outsourcing. In addition to implementing Hyperion software to streamline financial operations, these organizations are extending their use of Hyperion's BPM and business intelligence (BI) capabilities into workforce reporting and analysis. Expanding the use of Hyperion System 9 software can help human resources managers, business line managers, and company executives:

* Consolidate and integrate enterprise data sources to create a single system for human resources reporting and analysis, which complements and leverages the workforce data in enterprise resource planning See ERP.

(application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses.
 (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and human resource transaction systems

* Gain critical insight into the impact of human capital spending capital spending

Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years.
 on corporate strategy and objectives

* Synchronize See synchronization.  workforce-related expense plans with the financial budgeting and forecasting process to create a consolidated view of the workforce and its productivity

* Decrease manual reporting effort and reliance on IT for custom reports with self-serve analysis of the workforce along any dimension: by function, level, department, geographical location, length of service, etc.

* Integrate consolidated data with existing planning and reporting processes and internal measurement tools for immediate, accurate insight into workforce demographics, diversity, compensation, hiring, attrition Attrition

The reduction in staff and employees in a company through normal means, such as retirement and resignation. This is natural in any business and industry.

Notes:
, and performance trends

Creating a single, worldwide business intelligence system for human resources benefits organizations by allowing more time for higher value analysis and decision making, shortening compliance reporting cycles, creating greater confidence in reported results, and identifying top human capital drivers to allow for the allocation of human resources investments to drive company success.

"With approximately 18,000 unionized employees located in multiple facilities across several states, it was an arduous ar·du·ous  
adj.
1. Demanding great effort or labor; difficult: "the arduous work of preparing a Dictionary of the English Language" Thomas Macaulay.

2.
 and time consuming task to gather the information necessary to support union contract negotiations," said Dan Rodriguez, assistant general counsel for Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. . "Hyperion's modeling capabilities coupled with Hitachi Consulting's deep knowledge of human capital and their ability to partner with Tenet to deliver a time critical solution focused on wages, benefits, employee tenure, and financial performance have enabled us to anticipate likely negotiation scenarios and quickly develop supporting positions and counter proposals based on factual data."

Hyperion works closely with its human resources partners to provide solutions that address the most pressing human resources needs of today's enterprise. Combining Hyperion System 9 software with partner solutions specifically developed for human resources allows organizations to use human capital investments to drive competitive advantage. These offerings include:

* Workforce Insight. A solution from DoubleStar, Inc., Workforce Insight leverages Hyperion software to deliver operational reports, metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , and analytics to business users. Developed specifically for human resources, Workforce Insight addresses human capital measurement, provides human resources and corporate executives with accurate data from multiple data sources, eliminates manual reporting, and allows executives to link workforce performance with business performance management.

* Human Capital Management. Companies using Hyperion's capabilities in their Finance or Operations functions can also apply them to their human capital measurement needs using Hitachi Consulting's Human Capital Analytics Framework. The Human Capital Analytics Framework lets organizations get the most value from their human capital by enabling both human resources professionals, as well as line and executive leaders, to understand the causes and effects of relationships between people, corporate performance, and operational efficiency.

* Workforce Analytics. Business & Decision, a Hyperion consulting partner, leverages the complete Hyperion BPM platform to meet the most challenging customer requests and deliver enhanced planning and reporting capabilities on large group human resources challenges. Business & Decision uses Essbase and Hyperion Planning Hyperion® Planning™ is a budgeting and forecasting application from Hyperion Solutions Corporation. Hyperion Planning uses Essbase (a multidimensional database product sold by Hyperion) as a database and calculation engine, and includes a web-based user interface.  advanced analytics to simulate and model complex human resources forecasts and seamlessly integrates with Hyperion BI+ to publish reports or dashboards.

"Our workforce is our most critical company asset and we need tools to help us understand the profile of our workforce, how well it is performing, and where to apply our investments to improve and leverage human capital," said Steve McMahon Stephen Joseph McMahon (b. August 20 1961, Liverpool) was one of the toughest midfield football players of his generation who galvanised the Liverpool team of the late 1980s. , vice president of human resources at Hyperion. "That's why we use Hyperion System 9 as the reporting and analysis system for our own company. It provides us with the immediate insight that we need to assess workforce gaps, define opportunities, and plan for the future."

For more information on Hyperion software-based solutions for human resources, visit: http://www.hyperion.com/solutions/lob/hr/

About Hyperion

Hyperion Solutions Hyperion Solutions Corporation is a business performance management software company, located in Santa Clara, California, USA. Many of its products are targeted at the Business Intelligence and Business performance management market.  Corporation (Nasdaq Global Select: 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 performance improvement. 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, contact us at http://www.hyperion.com/company/contact/salesrep.cfm?CMP CMP (cytidine monophosphate): see cytosine.


(1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information
=PR_US.

"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.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

Statements in this press release other than statements of historical fact are forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
, including, but not limited to, statements concerning the potential success of anticipated product features, the anticipated product offerings and the potential market opportunities for business performance management software. Such statements constitute anticipated outcomes and do not assure results. Actual results may differ materially from those anticipated by the forward-looking statements due to a variety of factors, including, but not limited to the company's ability to retain and attract key employees, the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should review the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 filed on September 1, 2006 and the Report on Form 10-Q Form 10-Q

See 10-Q.
 filed on February 8, 2007. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 19, 2007
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