The ability to centrally manage master data (dimensions, hierarchies, reporting structures, and properties) will give your business agility to globally synchronize metadata across disconnected information systems. Oracle Hyperion Data Relationship Management makes master data synchronization efficient by reducing duplicate manual maintenance efforts while providing centralized exports of master data to downstream systems and applications. Continue reading below to see why Activision Blizzard, a leading global video game company, relies on Oracle’s Hyperion Data Relationship Management (DRM).
Oracle DRM is a centralized, collaborative change management application that allows you create, update and export dimensions, hierarchies, reporting structures, and properties for consumption by downstream applications.
DRM provides several key capabilities including:
DRM gives your business the access, flexibility, consistency, rigor, quality control and visibility you need to quickly integrate an acquisition, incorporate a new system, or simply add new values to your existing chart of accounts. DRM is regularly used to ensure successful execution of the following types of business activities:
DRM Makes Finance Accurate & Flexible
Your enterprise resource planning (ERP), business intelligence, financial planning, analysis, and consolidation tools can stay in sync by moving master data management upstream into DRM. DRM will give your business the ability to maintain an enterprise view of your financial chart of accounts, cost centers, legal entities, products, etc… Centralizing master data within DRM will keep downstream systems updated with consistent views of your business dimensions. Once integrations have been configured with target systems, DRM can also move the ownership of master data changes into the business where subject matter experts can directly update master data.
With DRM, Finance can:
By automating the input, processing and reporting functions, you will greatly increase ability to govern, rationalize, consolidate and share vital master data while making your infrastructure more agile.
Efficiency Drives IT to Embrace DRM
The value of Information Technology depends directly on the quality and accuracy of the information available in systems and applications across a company. Implementing DRM will help control the quality and accuracy of information displayed in each reporting interface configured to leverage DRM master data extracts.
With DRM, IT Can:
DRM lets finance focus on the routine master data changes while IT can focus on the up front configuration of DRM integrations with downstream applications.
Accurate Views of Master Data
Fast and Flexible Decision Making
Greater Value from Existing Assets
Contact us to learn more about developing a robust master data relationship solution that can help your organization stay in control of metadata.