The Erie Indemnity Company (ERIE) has said that it will use Hyperion System 9 to integrate its planning processes and help articulate its strategy and goals companywide. ERIE selected Hyperion System 9 with its centralized, Web-based financial planning, budgeting and forecasting solution, to track and monitor its plans and forecasts and replace its spreadsheet systems. The solution will be used to plan revenue, operating expenses, workforce management and financial reporting.
"Improving performance measurement is a strategic imperative for us," said Charles Longua, vice president, Corporate Financial Planning and Analysis at ERIE . "We wanted a complete package for enterprise performance measurement that would support our budgeting, planning and reporting processes. That's why we selected the integrated suite of products in Hyperion System 9."
ERIE is planning to use the Performance Scorecard tool with Hyperion System 9 to more closely engage its employees and help them understand its direction, its measures and how each position within the company contributes to its success. The solution will enable ERIE employees to monitor key performance indicators, improving operational efficiency by increasing collaboration and accountability.
