Since 2002 corporate reporting functions have been challenged continuously. None of us have been excused from increased controls and requirements on the content that businesses report to our stakeholders. If organizations are to deliver rapid and accurate financial close data they need to be able to control and improve the entire ‘extended’ financial close process. Top organizations recognize that the ‘close’ actually begins with sub ledgers and ends with the transfer of statutory filings; therefore are adopting integrated financial close solutions that address this whole process.
Recently I was approached by ODTUG EPM newsletter to pen an article for a new section titled “Blast from the Past”. As I sat to gather my notes I was taken down memory lane and was brought back to my childhood. Nostalgia easily conjures up the happiest of thoughts; Ovaltine, video games and Sesame Street. Today, I bring you down the Hyperion memory lane. Looking back at the Hyperion succession forced me to recognize that technology does not evolve in a silo.