What users are saying about
28 Ratings
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Top Rated
149 Ratings
28 Ratings
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Score 3.8 out of 100

Oracle Cloud EPM

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Top Rated
149 Ratings
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Score 8.2 out of 100

Likelihood to Recommend

MYOB

For a smaller business who isn't interested in having more than one user I think MYOB can serve them well. But if they want multiple users or are using virtual assistants there are better cloud based apps that are much more affordable and have far greater enhancements as well as integrations
Stephen Lalla | TrustRadius Reviewer

Oracle Cloud EPM

It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured successIt is less appropriate where you have a single office environment with a single finance department working together.It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
Vishal Shivdasani | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MYOB
1.4
Oracle Cloud EPM
Pay calculation
MYOB
2.0
Oracle Cloud EPM
Benefit plan administration
MYOB
1.0
Oracle Cloud EPM
Direct deposit files
MYOB
1.0
Oracle Cloud EPM
Salary revision and increment management
MYOB
1.0
Oracle Cloud EPM
Reimbursement management
MYOB
2.0
Oracle Cloud EPM

Customization

MYOB
4.5
Oracle Cloud EPM
API for custom integration
MYOB
4.0
Oracle Cloud EPM
Plug-ins
MYOB
5.0
Oracle Cloud EPM

Security

MYOB
6.1
Oracle Cloud EPM
Single sign-on capability
MYOB
6.4
Oracle Cloud EPM
Role-based user permissions
MYOB
5.8
Oracle Cloud EPM

Reporting & Analytics

MYOB
5.6
Oracle Cloud EPM
Dashboards
MYOB
3.3
Oracle Cloud EPM
Standard reports
MYOB
7.1
Oracle Cloud EPM
Custom reports
MYOB
6.5
Oracle Cloud EPM

General Ledger and Configurable Accounting

MYOB
4.5
Oracle Cloud EPM
Accounts payable
MYOB
5.4
Oracle Cloud EPM
Accounts receivable
MYOB
6.4
Oracle Cloud EPM
Cash management
MYOB
5.4
Oracle Cloud EPM
Bank reconciliation
MYOB
7.0
Oracle Cloud EPM
Expense management
MYOB
7.4
Oracle Cloud EPM
Time tracking
MYOB
1.0
Oracle Cloud EPM
Fixed asset management
MYOB
5.5
Oracle Cloud EPM
Multi-currency support
MYOB
1.0
Oracle Cloud EPM
Multi-division support
MYOB
1.0
Oracle Cloud EPM
Regulations compliance
MYOB
5.0
Oracle Cloud EPM
Electronic tax filing
MYOB
5.0
Oracle Cloud EPM
Self-service portal
MYOB
4.0
Oracle Cloud EPM

Inventory Management

MYOB
1.5
Oracle Cloud EPM
Inventory tracking
MYOB
3.0
Oracle Cloud EPM
Automatic reordering
MYOB
1.0
Oracle Cloud EPM
Location management
MYOB
1.0
Oracle Cloud EPM
Manufacturing module
MYOB
1.0
Oracle Cloud EPM

Order Management

MYOB
4.9
Oracle Cloud EPM
Pricing
MYOB
6.1
Oracle Cloud EPM
Order entry
MYOB
6.5
Oracle Cloud EPM
Credit card processing
MYOB
1.0
Oracle Cloud EPM
Cost of goods sold
MYOB
6.0
Oracle Cloud EPM

BI Standard Reporting

MYOB
Oracle Cloud EPM
6.4
Pixel Perfect reports
MYOB
Oracle Cloud EPM
8.1
Customizable dashboards
MYOB
Oracle Cloud EPM
5.6
Report Formatting Templates
MYOB
Oracle Cloud EPM
5.7

Ad-hoc Reporting

MYOB
Oracle Cloud EPM
7.9
Drill-down analysis
MYOB
Oracle Cloud EPM
8.0
Formatting capabilities
MYOB
Oracle Cloud EPM
7.5
Report sharing and collaboration
MYOB
Oracle Cloud EPM
8.1

Report Output and Scheduling

MYOB
Oracle Cloud EPM
8.2
Publish to Web
MYOB
Oracle Cloud EPM
8.0
Publish to PDF
MYOB
Oracle Cloud EPM
8.8
Report Versioning
MYOB
Oracle Cloud EPM
7.9
Report Delivery Scheduling
MYOB
Oracle Cloud EPM
8.1

Data Discovery and Visualization

MYOB
Oracle Cloud EPM
5.7
Pre-built visualization formats (heatmaps, scatter plots etc.)
MYOB
Oracle Cloud EPM
5.8
Location Analytics / Geographic Visualization
MYOB
Oracle Cloud EPM
6.0
Predictive Analytics
MYOB
Oracle Cloud EPM
5.4

Access Control and Security

MYOB
Oracle Cloud EPM
8.6
Multi-User Support (named login)
MYOB
Oracle Cloud EPM
8.5
Role-Based Security Model
MYOB
Oracle Cloud EPM
8.4
Multiple Access Permission Levels (Create, Read, Delete)
MYOB
Oracle Cloud EPM
8.7
Single Sign-On (SSO)
MYOB
Oracle Cloud EPM
8.7

Mobile Capabilities

MYOB
Oracle Cloud EPM
7.2
Responsive Design for Web Access
MYOB
Oracle Cloud EPM
6.2
Dedicated Android Application
MYOB
Oracle Cloud EPM
8.2

Budgeting, Planning, and Forecasting

MYOB
Oracle Cloud EPM
8.4
Long-term financial planning
MYOB
Oracle Cloud EPM
8.4
Financial budgeting
MYOB
Oracle Cloud EPM
8.5
Forecasting
MYOB
Oracle Cloud EPM
8.2
Scenario modeling
MYOB
Oracle Cloud EPM
8.3
Management reporting
MYOB
Oracle Cloud EPM
8.5

Consolidation and Close

MYOB
Oracle Cloud EPM
7.7
Financial data consolidation
MYOB
Oracle Cloud EPM
7.9
Journal entries and reports
MYOB
Oracle Cloud EPM
7.4
Multi-currency management
MYOB
Oracle Cloud EPM
7.6
Intercompany Eliminations
MYOB
Oracle Cloud EPM
7.8
Minority Ownership
MYOB
Oracle Cloud EPM
7.5
Local and consolidated reporting
MYOB
Oracle Cloud EPM
7.4
Detailed Audit Trails
MYOB
Oracle Cloud EPM
8.1

Financial Reporting and Compliance

MYOB
Oracle Cloud EPM
8.0
Financial Statement Reporting
MYOB
Oracle Cloud EPM
8.4
Management Reporting
MYOB
Oracle Cloud EPM
8.4
Excel-based Reporting
MYOB
Oracle Cloud EPM
8.1
Automated board and financial reporting
MYOB
Oracle Cloud EPM
7.9
XBRL support for regulatory filing
MYOB
Oracle Cloud EPM
7.2

Analytics

MYOB
Oracle Cloud EPM
7.2
Personalized dashboards
MYOB
Oracle Cloud EPM
8.0
Color-coded scorecards
MYOB
Oracle Cloud EPM
6.8
KPIs
MYOB
Oracle Cloud EPM
7.3
Cost and profitability analysis
MYOB
Oracle Cloud EPM
6.0
Key Performance Indicator setting
MYOB
Oracle Cloud EPM
7.3
Benchmarking with external data
MYOB
Oracle Cloud EPM
7.6

Integration

MYOB
Oracle Cloud EPM
7.9
Flat file integration
MYOB
Oracle Cloud EPM
7.9
Excel data integration
MYOB
Oracle Cloud EPM
8.6
Direct links to 3rd-party data sources
MYOB
Oracle Cloud EPM
7.3

Pros

MYOB

  • Invoices
  • Purchase Orders
Anonymous | TrustRadius Reviewer

Oracle Cloud EPM

  • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
  • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
  • We don't need to upgrades every year and saved a lot on Hardware.
Raju Aenike | TrustRadius Reviewer

Cons

MYOB

  • Allows the client to manipulate dates when that can screw up their books
  • constantly freezes which causes the file to be corrupt
  • force balances the balance sheet
Kati Hesley | TrustRadius Reviewer

Oracle Cloud EPM

  • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
  • Smartview interface is cumbersome for many.
  • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
  • It is very costly in terms of licensing unlike other Oracle products.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

MYOB

MYOB 9.5
Based on 2 answers
We have been looking in to other cloud based accounting options.
Anonymous | TrustRadius Reviewer

Oracle Cloud EPM

Oracle Cloud EPM 9.0
Based on 3 answers
We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
Anonymous | TrustRadius Reviewer

Usability

MYOB

MYOB 10.0
Based on 1 answer
It is easy to use - I just don't agree with restrictions and functionality
Kati Hesley | TrustRadius Reviewer

Oracle Cloud EPM

Oracle Cloud EPM 8.0
Based on 1 answer
EPM usability is good in some modules but needs some improvement in others
Aissam Drai | TrustRadius Reviewer

Reliability and Availability

MYOB

No score
No answers yet
No answers on this topic

Oracle Cloud EPM

Oracle Cloud EPM 10.0
Based on 2 answers
EPM has been so far available all the time
Aissam Drai | TrustRadius Reviewer

Performance

MYOB

No score
No answers yet
No answers on this topic

Oracle Cloud EPM

Oracle Cloud EPM 9.0
Based on 2 answers
The product performance is so far very good
Aissam Drai | TrustRadius Reviewer

Support Rating

MYOB

MYOB 1.0
Based on 1 answer
They aren't willing to help at all unless you pay
Kati Hesley | TrustRadius Reviewer

Oracle Cloud EPM

Oracle Cloud EPM 7.0
Based on 6 answers
Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
Greg Grey | TrustRadius Reviewer

Implementation Rating

MYOB

MYOB 5.0
Based on 1 answer
No answer on this topic is available.

Oracle Cloud EPM

Oracle Cloud EPM 8.1
Based on 32 answers
I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
Anonymous | TrustRadius Reviewer

Alternatives Considered

MYOB

Not even close. Though I will say MYOB had a budget module where Zoho Books doesn't which is one thing severely lacking in Zoho Books. On the other hand, Zoho Books allows for payment processing integration without trying to get a cut from the process whereas MYOB allowed for payment processing but you had to go through their service only and it wasn't cheap.
Stephen Lalla | TrustRadius Reviewer

Oracle Cloud EPM

Oracle Planning and Budgeting Cloud fared very well against Adaptive, Anaplan, and Host Analytics. We ultimately decided on Oracle due to its reputation and strength of existing customers. We are happy with our decision.
Anonymous | TrustRadius Reviewer

Scalability

MYOB

No score
No answers yet
No answers on this topic

Oracle Cloud EPM

Oracle Cloud EPM 8.0
Based on 1 answer
The product is scalable
Aissam Drai | TrustRadius Reviewer

Return on Investment

MYOB

  • MYOB dropped software updates for Apple IOS
  • Lack of software updates / support had a MAJOR NEGATIVE IMPACT
Anonymous | TrustRadius Reviewer

Oracle Cloud EPM

  • Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
  • We now need less employees to manage the configurations of Oracle EPM Cloud.
  • There have been many time savings as a whole to apply to more productive causes.
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

MYOB

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Oracle Cloud EPM

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

MYOB
1.0
Oracle Cloud EPM
8.3

Likelihood to Renew

MYOB
9.5
Oracle Cloud EPM
9.0

Usability

MYOB
10.0
Oracle Cloud EPM
8.0

Reliability and Availability

MYOB
Oracle Cloud EPM
10.0

Performance

MYOB
Oracle Cloud EPM
9.0

Support Rating

MYOB
1.0
Oracle Cloud EPM
7.0

Implementation Rating

MYOB
5.0
Oracle Cloud EPM
8.1

Scalability

MYOB
Oracle Cloud EPM
8.0

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