What users are saying about
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Top Rated
149 Ratings
14 Ratings

Oracle Cloud EPM

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Top Rated
149 Ratings
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Score 8.2 out of 100
14 Ratings
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Score 4.9 out of 100

Likelihood to Recommend

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

Synoptix

It is excellent if set up well, and users are well trained on how to use it as it is not very user-friendly. But to achieve that, you have to go through the hell of a setup. Support is not knowledgeable in some areas of the software, it is tough to set up and install, and when presented by salespeople, it is all great, but you need to invest a lot to pay it off.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

BI Standard Reporting

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

Ad-hoc Reporting

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

Report Output and Scheduling

Oracle Cloud EPM
8.2
Synoptix
7.7
Publish to Web
Oracle Cloud EPM
8.0
Synoptix
8.0
Publish to PDF
Oracle Cloud EPM
8.8
Synoptix
8.0
Report Versioning
Oracle Cloud EPM
7.9
Synoptix
Report Delivery Scheduling
Oracle Cloud EPM
8.1
Synoptix
7.0

Data Discovery and Visualization

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

Access Control and Security

Oracle Cloud EPM
8.6
Synoptix
6.0
Multi-User Support (named login)
Oracle Cloud EPM
8.5
Synoptix
7.0
Role-Based Security Model
Oracle Cloud EPM
8.4
Synoptix
8.0
Multiple Access Permission Levels (Create, Read, Delete)
Oracle Cloud EPM
8.7
Synoptix
8.0
Single Sign-On (SSO)
Oracle Cloud EPM
8.7
Synoptix
1.0

Mobile Capabilities

Oracle Cloud EPM
7.2
Synoptix
1.0
Responsive Design for Web Access
Oracle Cloud EPM
6.2
Synoptix
1.0
Dedicated Android Application
Oracle Cloud EPM
8.2
Synoptix

Budgeting, Planning, and Forecasting

Oracle Cloud EPM
8.4
Synoptix
6.0
Long-term financial planning
Oracle Cloud EPM
8.4
Synoptix
5.0
Financial budgeting
Oracle Cloud EPM
8.5
Synoptix
5.0
Forecasting
Oracle Cloud EPM
8.2
Synoptix
Scenario modeling
Oracle Cloud EPM
8.3
Synoptix
Management reporting
Oracle Cloud EPM
8.5
Synoptix
8.0

Consolidation and Close

Oracle Cloud EPM
7.7
Synoptix
7.0
Financial data consolidation
Oracle Cloud EPM
7.9
Synoptix
7.0
Journal entries and reports
Oracle Cloud EPM
7.4
Synoptix
Multi-currency management
Oracle Cloud EPM
7.6
Synoptix
Intercompany Eliminations
Oracle Cloud EPM
7.8
Synoptix
Minority Ownership
Oracle Cloud EPM
7.5
Synoptix
7.0
Local and consolidated reporting
Oracle Cloud EPM
7.4
Synoptix
Detailed Audit Trails
Oracle Cloud EPM
8.1
Synoptix

Financial Reporting and Compliance

Oracle Cloud EPM
8.0
Synoptix
6.8
Financial Statement Reporting
Oracle Cloud EPM
8.4
Synoptix
7.0
Management Reporting
Oracle Cloud EPM
8.4
Synoptix
7.0
Excel-based Reporting
Oracle Cloud EPM
8.1
Synoptix
7.0
Automated board and financial reporting
Oracle Cloud EPM
7.9
Synoptix
6.0
XBRL support for regulatory filing
Oracle Cloud EPM
7.2
Synoptix

Analytics

Oracle Cloud EPM
7.2
Synoptix
3.0
Personalized dashboards
Oracle Cloud EPM
8.0
Synoptix
3.0
Color-coded scorecards
Oracle Cloud EPM
6.8
Synoptix
KPIs
Oracle Cloud EPM
7.3
Synoptix
Cost and profitability analysis
Oracle Cloud EPM
6.0
Synoptix
Key Performance Indicator setting
Oracle Cloud EPM
7.3
Synoptix
Benchmarking with external data
Oracle Cloud EPM
7.6
Synoptix

Integration

Oracle Cloud EPM
7.9
Synoptix
3.0
Flat file integration
Oracle Cloud EPM
7.9
Synoptix
Excel data integration
Oracle Cloud EPM
8.6
Synoptix
Direct links to 3rd-party data sources
Oracle Cloud EPM
7.3
Synoptix
3.0

Pros

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

Synoptix

  • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
  • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
  • Easily maintained and monitored with simple upgrade installations and end point installation.
  • Great knowledge base for review and trouble-shooting.
  • Highly knowledgeable and easy to work with staff.
Logan Morris | TrustRadius Reviewer

Cons

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

Synoptix

  • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
  • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
  • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
Tracy Burton | TrustRadius Reviewer

Likelihood to Renew

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

Synoptix

No score
No answers yet
No answers on this topic

Usability

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

Synoptix

No score
No answers yet
No answers on this topic

Reliability and Availability

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

Synoptix

No score
No answers yet
No answers on this topic

Performance

Oracle Cloud EPM

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

Synoptix

No score
No answers yet
No answers on this topic

Support Rating

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

Synoptix

Synoptix 1.0
Based on 2 answers
Support does not know much about software solutions. As an example, I have struggled for weeks just to set up LDAP that should be fairly simple.
Anonymous | TrustRadius Reviewer

Implementation Rating

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

Synoptix

No score
No answers yet
No answers on this topic

Alternatives Considered

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

Synoptix

Prior to Synoptix we were using the reporting tool that comes with our ERP system. It lacked the drilldown and comparability functions that make Synoptix the top pick. Further, designing reports and maintaining reports was very labor intensive
Traci Hemmerlin  CPA | TrustRadius Reviewer

Scalability

Oracle Cloud EPM

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

Synoptix

No score
No answers yet
No answers on this topic

Return on Investment

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

Synoptix

  • As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
Jake Friel | TrustRadius Reviewer

Screenshots

Pricing Details

Oracle Cloud EPM

General

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

Synoptix

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional

Rating Summary

Likelihood to Recommend

Oracle Cloud EPM
8.3
Synoptix
3.6

Likelihood to Renew

Oracle Cloud EPM
9.0
Synoptix

Usability

Oracle Cloud EPM
8.0
Synoptix

Reliability and Availability

Oracle Cloud EPM
10.0
Synoptix

Performance

Oracle Cloud EPM
9.0
Synoptix

Support Rating

Oracle Cloud EPM
7.0
Synoptix
1.0

Implementation Rating

Oracle Cloud EPM
8.1
Synoptix

Scalability

Oracle Cloud EPM
8.0
Synoptix

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