Hyperion hones new analysis tool
The software company is stretching its analysis tool into even more corners of the corporate computing arena.
The Sunnyvale, California-based financial analysis tool company today unveiled the latest release of its Pillar product, now fortified with support for sales forecasting, compensation planning, and manufacturing budgeting.
Hyperion makes software for analyzing and budgeting finances. The software contains mechanisms for conducting conditional calculations, planning for seasonal and other time-sensitive trends, and automatic business processes for budgeting, planning, and forecasting systems.
Most of the enhancements are designed to take advantage of sophisticated supply-and-demand-chain planning products now on the market. Pillar 4.0 supports such functions as volume-based sales discounts, commissions, and capacity-driven production costs.
The new business automation features are designed to take care of many functions without manual intervention. For example, the new features can be used to control the distribution of planning templates, budgets, and reports. They can also be used to manage calculations, consolidation processes, and schedule data import and export or printing tasks.
The product is expected to ship by the end of next month. It will be available on all Microsoft platforms and the Apple Macintosh. Pricing starts at $70,000 for ten users.