The largest publicly listed food, beverage and packaging company in the Philippines is using Hyperion to develop a corporate system for consolidation, reporting and analysis of all managerial data across its 90 facilities in the Philippines, South East Asia, China and Australia.
San Miguel found Hyperion's systems dynamic and flexible, yet user friendly and quick to accommodate business landscapes changing due to demanding global environment, possible joint ventures, mergers and acquisitions.
Hyperion will provide San Miguel with a financial analysis framework for its entire organisation, integrating legal consolidation and management reporting and analysis activities.
In addition, Hyperion's suite of services will standardise performance management, and provide managers with a single version of truth of the company's operations over the Web from remote locations around the globe.
This new structure will enable San Miguel not only to meet its legal requirements but also ease its efforts in disclosing timely and accurate information to the investing community.