Oracle Cloud EPM vs Planful (formerly Host Analytics)

• 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.

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• The Host Analytics Cloud EPM Suite does a great job keeping all of our actual, forecast, and budget data together in one place. Loading new data into the application is fairly straight forward and allows us to quickly provide reports and analyses to our senior leadership team each month/quarter.
• The Host Analytics Excel-Add In Tool is helpful for users who are more familiar with building and creating reports in Excel. While the reporting module in the core application is very easy to use and navigate, often times our team will utilize the Excel add-in tool to build more complex reports using the data from Host as we tend to have more experience with Excel based reporting.
• Using Host has allowed us to drastically reduce the number of days it takes to close each month. We quickly load data via the data load rule, use the consolidations module to input any top side journal entries, and from there we are able to jump right into financial reporting.

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• 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.

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• Minor application quirks in the use functionality.
• Updates are pushed to your application during specified maintenance windows, allowing for immediate use of the new functionality whether you were prepared or understood the changes or not. Any significant changes are clearly communicated ahead of time.

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• 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.

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• Host has helped eliminate a lot of the issues we were experiencing with preparing our financial budgets in Excel. Ultimately, our department has become extremely efficient at producing master budgets and forecasts.
• The reporting module has made it easier to produce ad hoc reports easily and efficiently. There have been several projects that would have taken a full day to complete before Host. With Host, these projects only took a couple hours to complete.

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