State Fund Awards Key Performance Ideas Financial Planning, Forecasting and Reporting Implementation Project
Selection demonstrates the public sector and Oracle® Hyperion™ EPM implementation experience of Key Performance Ideas.
San Francisco, CA- November 21, 2013– Key Performance Ideas, an Enterprise Performance Management (EPM) and Business Intelligence (BI) professional services firm, announced today that they have been awarded a major Financial Planning, Forecasting and Reporting implementation at State Compensation Insurance Fund of California (State Fund), the largest provider of workers’ compensation insurance in the state.
With approximately 150,000 policyholders, more than $1.2 billion in premium, and nearly $20 billion in assets, State Fund is a competitive insurance provider and a stabilizing force in California’s economy. In order to continue their superior management of diverse and comprehensive products and services, State Fund selected Key Performance Ideas to implement a Financial Planning and Forecasting application to model revenue and loss data with policy, premium, and claims data, as well as workforce and capital integrated with profit and loss (P&L), Oracle human resource and Oracle general ledger data. Additionally, State Fund chose Key Performance Ideas to develop a scalable Reporting application that provides management with drill to transaction detail information for expense and employee data, as well as ad-hoc analysis. Both applications will provide executive management and financial analysts seamless information into the company’s data sources and help the company improve critical decision-making.
Key Performance Ideas was selected by State Fund due to their industry experience, as well as their knowledge and understanding of the challenges companies face in meeting performance management requirements. Additionally, as an Oracle Gold and Certified Advantage Partner, Key Performance Ideas is a recognized leader in implementing Oracle Hyperion Planning, Essbase™ and Smart View™, software applications purchased by State Fund to build the new implementation.
About Key Performance Ideas, Inc.
Key Performance Ideas is a full-service systems integrator and implementation consultancy with a focus on Oracle® Hyperion™ and Oracle Business Intelligence Enterprise Edition™ applications and related technologies. Their strategic, goal-oriented service offerings are designed to enable companies of all sizes to derive the most value from their Oracle Hyperion Enterprise Performance Management and Business Intelligence software solutions. As an Oracle Preferred Partner and Certified Services Provider, Key Performance Ideas employs industry-renowned consultants with expertise in creating and delivering world-class solutions that match the individual needs of our clients. Key Performance Ideas is headquartered in California with offices in the San Francisco Bay Area, Los Angeles, Chicago, Illinois, and Houston, Texas.