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HYSL Hyperion Solutions (MM)

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Share Name Share Symbol Market Type
Hyperion Solutions (MM) NASDAQ:HYSL NASDAQ Common Stock
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Kids Hope United Improves Foster Care for Thousands of Florida Youths with Help from Hyperion Software

08/01/2007 1:00pm

Business Wire


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Through its Family Services of Metro Orlando (FSMO) affiliate, Kids Hope United cares for 3,200 children in Florida’s Orange and Osceola counties. To keep close track of children in its system – and to regularly measure the performance of FSMO and its subcontractors – Kids Hope United recently deployed Hyperion System 9 BI+ software from Hyperion (Nasdaq Global Select:HYSL), the global leader in Business Performance Management (BPM) software. The nationally acclaimed organization, with an annual operating budget of $96 million, oversees the operations of FSMO, the state’s leading not-for-profit agency dedicated to caring for abused, neglected and abandoned children. FSMO contracts day-to-day fostering to case management organizations (CMOs), whose performance Kids Hope United measures with Hyperion System 9 BI+ software. As key players in Florida’s recently privatized foster care management system, Kids Hope United and FSMO must demonstrate it is consistently providing Florida’s kids with quality service. With Hyperion software, the group has been able to show that FSMO meets Florida state standards, measure the success of CMOs in providing care for children, and enable FSMO leaders to identify and address the root causes of problems and trends. The Hyperion solution gives FSMO managers dashboard-based views of the entire adoption process, delivering pertinent and timely information about the location and status of every child. The dashboards can track kids from the point at which they enter the system to the day when they are adopted—helping to prevent needy kids from falling through the cracks. About 200 case managers and supervisors across five CMOs also access the system. “With Hyperion System 9 BI+, we use computed items to automatically answer many of the questions we have to answer about a child, so that we can much more quickly locate him or her in our system,” said Mark Monn, director of performance management and research at Kids Hope United. “We now have a map that shows where all our kids are and which case management organizations are doing the best job of placing them.” Kids Hope United selected Hyperion System 9 BI+ over competing solutions from Business Objects, Cognos and Microsoft. The Hyperion solution streamlines and automates a data-intensive process that requires dozens of small steps to process a child correctly. Previously, adoption workers relied on Excel spreadsheets to sort data and perform counts. But today, Hyperion software delivers a broader, richer view of information. About Hyperion Hyperion Solutions Corporation (Nasdaq Global Select:HYSL) is the global leader in Business Performance Management software. More than 12,000 customers in 90 countries rely on Hyperion both for insight into current business performance and to drive performance improvement. With Hyperion software, businesses collect, analyze and share data across the organization, linking strategies to plans and monitoring execution against goals. Hyperion integrates financial management applications with a business intelligence platform into a single management system for the global enterprise. For more information, contact us at http://www.hyperion.com/company/contact/salesrep.cfm?CMP=PR_US. “Hyperion” and Hyperion’s product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only.

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