Oracle has augmented the capabilities of its Hyperion financial analytics software with new modules to help bean counters streamline specific financial management tasks.

The new modules -- Hyperion Disclosure Management, Hyperion Financial Close Management and Hyperion Public Sector Planning and Budgeting -- are all components in the latest update of the Oracle Enterprise Performance Management (EPM) suite of business intelligence tools, version 11.1.2, Oracle said on Wednesday..

EPMA is meant for managing the metadata like dimensions, hierarchies, data loads across product sets etc. So, in effect it is like ODI or Hyperion DIM but with more product specific multi-dimensional features thrown in. So, if you are managing Planning, Essbase and HFM (or any of these 2) in your organization EPMA could be a good fit when you want to use a single tool for managing the common dimensions, data loads etc.

Hyperion Planning is an application that sits on top of the Essbase OLAP server and is used by organizations to perform planning and budgeting.

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Creating your first simple application

Installing the Sample Planning Application in EPM 11.1