NOTA DE PRENSA HYPERION USA
SUNNYVALE, Calif., May 4, 2004 Hyperion, global leader in Business Performance Management software, today announced that LexisNexis Group, the global legal and information division of publishing giant Reed Elsevier, is using Hyperion Business Performance Management software to facilitate its financial planning, consolidation, reporting and analysis. More than 150 people in the companys finance organization across 25 North American locations are using this solution.
LexisNexis supports subscribers in more than 100 countries who use their service to access thousands of information sources newspapers, magazines, journal articles and public records through the Internet, CD-ROMs and books. The company offers more than 33,000 news, business, legal and worldwide information sources that house more than 3 billion documents. LexisNexis itself is a company that has grown via acquisitions. Prior to using Hyperions Business Performance Management software, LexisNexis experienced time delays when trying to incorporate new companies data into its systems. The company can now very quickly integrate the information from acquired companies into their consolidation systems in less than a week.
We selected Hyperions software because it allows our finance department to administer and control the systems, said David R. Harrison, vice president of finance, LexisNexis. Were a very dynamic organization and Hyperions software provides us with the flexibility we require to support our changing organization.
Flexibility, ease of use and scalability were also key factors in LexisNexis decision to implement the Hyperion Business Performance Management solution.
LexisNexis lets its finance managers identify more cost-saving measures and execute better financial planning and consolidation by using Business Performance Management software, said Rich Clayton, vice president of product marketing at Hyperion. All of these aspects combined allow the company to better understand its business performance.
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