LONDON, UK – 30 May, 2003 – Mencap, the UK's leading learning disability charity, has purchased technology solutions from Hyperion, (Nasdaq: HYSL) a global leader in business performance management software, to enhance its financial planning, budgeting and forecasting capabilities.
According to Vivienne Fraser, MIS Manager at Mencap: “We had been using a manual spreadsheet based approach for budgeting, forecasting and reporting. However, we needed a much faster turnaround time for reports as well as a technology solution that would support our planning and forecasting processes long term. We chose Hyperion Planning because we felt very confident that this solution could be implemented in a very tight timescale. Its functionality is extremely comprehensive and, because it is fully Web enabled, our end users will have a familiar interface with which to become immediately productive. Perhaps most importantly, our investment in Hyperion will allow us to reduce the time spent on the budget process and devote more resources to helping provide even greater support for people with a learning disability.”
The initial implementation will see around 60 users with financial and management remits taking advantage of the application. The long terms plan is to roll out the application to a broader community of financial and non-financial personnel.
Mencap is the UK's leading learning disability charity working with people with a learning disability and their families and carers.
The charity campaigns for equal rights, greater opportunities and challenges attitudes and prejudice. It also provides advice and support to meet people's needs throughout their lives.
Mencap is an individual membership organisation, with a local network of more than 1,000 affiliated groups.
Hyperion is the global leader in Business Performance Management software that enables companies to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. More than 6,000 customers worldwide use Hyperion's Business Performance Management family of packaged and tailored applications and its leading business intelligence platform. Hyperion has a network of more than 330 partners to provide innovative and specialized Business Performance Management solutions and services.
Headquartered in Sunnyvale, California, Hyperion generated annual revenues of $492 million in fiscal 2002. The company employs more than 2,100 people in 20 countries and is represented in 16 additional countries through distributor relationships. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com/uk, e-mail email@example.com or call 01784 228015
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w the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on September 25, 2002 and the Report on Form 10-Q filed on May 14, 2003. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
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