Oracle Cloud EPM Reviews

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Score 8.2 out of 100

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Reviews (1-25 of 36)

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Sanket Doshi | TrustRadius Reviewer
October 09, 2019

EPM Cloud - Consolidations and Planning together

Score 7 out of 10
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Verified User
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Likelihood to Recommend

When you want to have a once centralize system to manage your master data, EPM is a good option.

EPM is also a good option for Planning, Budgeting & Forecasting.

When you have large data sets, many dimensions or objects, EPM is probably not a good option as it could be very costly at the end.
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Anonymous | TrustRadius Reviewer
February 20, 2020

Oracle Planning & Budgeting Enables Unicorn to Scale!

Score 9 out of 10
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Likelihood to Recommend

Oracle Planning and Budgeting Cloud are most appropriate for companies who want to scale their forecasting processes beyond excel functionality and take it to the next level. This will enable scale, efficiency, and speed.
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Anonymous | TrustRadius Reviewer
January 24, 2020

Planning and budgeting at your fingertips!

Score 8 out of 10
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Likelihood to Recommend

The tool is well suited for financial planning and budgeting if the dimensions are clearly defined. Other modules like projects, workforce, and capital don't seem like they have the robustness as that of the financial module. This is something the product development should improve and users should be wary of. If there is extensive dimensional configuration other than the 4 out of the box dimensions then it is worth re-considering and better to go with PBCS instead of EPBCS.
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Anonymous | TrustRadius Reviewer
January 18, 2020

Oracle Financial Consolidation and Close Cloud - Why use it?

Score 8 out of 10
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Likelihood to Recommend

If you've been using other Oracle Fusion apps and want to add this new capability, you should definitely look forward to it. While it does have the same issues the other Fusion apps have which is a bad UX and bugs, it is comparatively less buggy. If you're looking for an end to end solution with great reporting capability, go for it.
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Anonymous | TrustRadius Reviewer
October 02, 2019

Magic Quadrant leader never fails to impress!

Score 5 out of 10
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Likelihood to Recommend

Considering the costs of implementing and purchasing the license for Oracle EPM Cloud, I would say it is not well-suited for smaller companies and startups. On the other hand, it is a great solution for medium-sized companies and up. If your budget allows it, this is probably hands-down one of the best EPM systems out there.
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Anonymous | TrustRadius Reviewer
January 25, 2020

EPM Cloud

Score 5 out of 10
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Likelihood to Recommend

Companies will need to change their processes to follow the Oracle standard process. It does not work well for a sub-standard process.
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Anonymous | TrustRadius Reviewer
June 30, 2019

Oracle Planning + Budgeting Cloud Rocks!

Score 9 out of 10
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Likelihood to Recommend

Appropriate: complex financial modeling, internal and external financial reporting, budgeting, reporting, and basic charting. Less appropriate: your main/sole visualization tool, decentralized budgeting process.
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Anonymous | TrustRadius Reviewer
September 17, 2019

Read this before you implement!

Score 8 out of 10
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Likelihood to Recommend

It's the first time in the enterprise world that we could imagine and dream to have up-to-date features without planning for minor/major upgrades.
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Anonymous | TrustRadius Reviewer
September 16, 2019

Moving into the future

Score 9 out of 10
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Likelihood to Recommend

Oracle EPM Cloud is well suited for line-item budgets as well as the ability to house position managements. It's good for public sector organizations, like schools. It's also easy to use for someone who isn't an IT professional. It's been ideal for any project in which we need to link between spreadsheets.
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Anonymous | TrustRadius Reviewer
June 28, 2019

Oracle Financial Consolidation and Close Cloud vs. OneStream

Score 7 out of 10
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Likelihood to Recommend

A less complex consolidation environment is well suited to Oracle Financial Consolidation and Close Cloud. This is especially useful if there is little to no IT support for finance in an organization. A more complex consolidation (JVs, VIEs, partial ownership, etc.) does not yet fall into the capabilities of Oracle Financial Consolidation and Close Cloud.
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Anonymous | TrustRadius Reviewer
September 18, 2019

Oracle EPM Cloud Review

Score 10 out of 10
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Likelihood to Recommend

It is well-suited for most businesses. When it comes to our quarterly financial review, Oracle EPM Cloud helps us look back at all the finances we had to work within that period. On the flip side, every other company is using the solution and it can cause delays in data retrieval.
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Anonymous | TrustRadius Reviewer
June 27, 2019

Oracle Review

Score 10 out of 10
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Likelihood to Recommend

Budgeting, reporting, funds distribution, capital, and workforce apps are well suited for it.
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Vishal Shivdasani | TrustRadius Reviewer
February 12, 2019

Put your head in the clouds with EPM Cloud excellence!

Score 8 out of 10
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Verified User
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Likelihood to Recommend

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 success
It 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.
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Feature Scorecard Summary

Pixel Perfect reports (2)
8.1
Customizable dashboards (3)
5.6
Report Formatting Templates (3)
5.7
Drill-down analysis (16)
8.0
Formatting capabilities (15)
7.5
Report sharing and collaboration (14)
8.1
Publish to Web (11)
8.0
Publish to PDF (14)
8.8
Report Versioning (12)
7.9
Report Delivery Scheduling (11)
8.1
Pre-built visualization formats (heatmaps, scatter plots etc.) (3)
5.8
Location Analytics / Geographic Visualization (3)
6.0
Predictive Analytics (3)
5.4
Multi-User Support (named login) (15)
8.5
Role-Based Security Model (18)
8.4
Multiple Access Permission Levels (Create, Read, Delete) (15)
8.7
Single Sign-On (SSO) (17)
8.7
Responsive Design for Web Access (2)
6.2
Dedicated Android Application (1)
8.2
Long-term financial planning (23)
8.4
Financial budgeting (31)
8.5
Forecasting (30)
8.2
Scenario modeling (29)
8.3
Management reporting (27)
8.5
Financial data consolidation (12)
7.9
Journal entries and reports (9)
7.4
Multi-currency management (9)
7.6
Intercompany Eliminations (10)
7.8
Minority Ownership (8)
7.5
Local and consolidated reporting (11)
7.4
Detailed Audit Trails (12)
8.1
Financial Statement Reporting (22)
8.4
Management Reporting (26)
8.4
Excel-based Reporting (25)
8.1
Automated board and financial reporting (22)
7.9
XBRL support for regulatory filing (15)
7.2
Personalized dashboards (20)
8.0
Color-coded scorecards (3)
6.8
KPIs (4)
7.3
Cost and profitability analysis (4)
6.0
Key Performance Indicator setting (19)
7.3
Benchmarking with external data (19)
7.6
Flat file integration (28)
7.9
Excel data integration (26)
8.6
Direct links to 3rd-party data sources (24)
7.3

About Oracle Cloud EPM

Oracle’s complete EPM suite is designed to give users the agility needed to respond to change faster. Combined with the simplicity of the cloud, it enables companies of any size to drive accurate and agile plans across finance and operational lines of business, accelerate financial consolidation and close processes, streamline internal and external reporting, and ensure compliance with financial and tax reporting regulations, according to the vendor.
  • Planning - Don’t just plan it, own it
  • Profitability and Cost Management – Discover and act on hidden profit and loss
  • Financial Consolidation and Close – Deliver a modern financial close
  • Account Reconciliation – Streamline processes
  • Enterprise Data Management – Improve trust in the numbers
  • Narrative Reporting – Reinvent reporting
  • Tax Reporting – Bring tax and finance together

Oracle Cloud EPM Features

Budgeting, Planning, and Forecasting Features

Has featureLong-term financial planning
Has featureFinancial budgeting
Has featureForecasting
Has featureScenario modeling
Has featureManagement reporting

Consolidation and Close Features

Has featureFinancial data consolidation
Has featureJournal entries and reports
Has featureMulti-currency management
Has featureIntercompany Eliminations
Has featureMinority Ownership
Has featureLocal and consolidated reporting
Has featureDetailed Audit Trails

Financial Reporting and Compliance Features

Has featureFinancial Statement Reporting
Has featureManagement Reporting
Has featureExcel-based Reporting
Has featureAutomated board and financial reporting
Has featureXBRL support for regulatory filing

Analytics Features

Has featurePersonalized dashboards
Has featureKey Performance Indicator setting
Has featureBenchmarking with external data

Integration Features

Has featureFlat file integration
Has featureExcel data integration
Has featureDirect links to 3rd-party data sources

Ad-hoc Reporting Features

Has featureDrill-down analysis
Has featureFormatting capabilities
Has featureReport sharing and collaboration

Report Output and Scheduling Features

Has featurePublish to Web
Has featurePublish to PDF
Has featureReport Versioning
Has featureReport Delivery Scheduling

Access Control and Security Features

Has featureMulti-User Support (named login)
Has featureRole-Based Security Model
Has featureMultiple Access Permission Levels (Create, Read, Delete)
Has featureReport-Level Access Control
Has featureTable-Level Access Control (BI-layer)
Has featureField-Level Access Control (BI-layer)
Has featureSingle Sign-On (SSO)
Additional Features
Has featureEmbedded Financial Intelligence
Has featurePrebuilt Workforce Planning Business Process
Has featurePrebuilt Capex Planning Business Process
Has featurePrebuilt Project Financial Planning Business Process
Has featurePrebuilt Financial Statement Planning Business Process
Has featureMulti Device Access
Has featureClose Management with Intelligent Process Automation (IPA)

Oracle Cloud EPM Screenshots

Oracle Cloud EPM Video

Watch Royal Bank of Scotland Modernizes with Oracle EPM Cloud

Oracle Cloud EPM Downloadables

Oracle Cloud EPM Integrations

Microsoft Office Add-In

Oracle Cloud EPM Competitors

Oracle Cloud EPM Pricing

  • Does not have featureFree Trial Available?No
  • Does not have featureFree or Freemium Version Available?No
  • Has featurePremium Consulting/Integration Services Available?Yes
  • Entry-level set up fee?No

Pricing per user varies by component within the Oracle EPM Cloud solution. Please see pricing information for the EPM Cloud components on cloud.oracle.com or contact Oracle Sales at +1.800.633.0738.

Oracle Cloud EPM Support Options

 Paid Version
Phone
Email
Forum/Community
FAQ/Knowledgebase
Video Tutorials / Webinar

Oracle Cloud EPM Technical Details

Deployment Types:SaaS
Operating Systems: Unspecified
Mobile Application:Apple iOS, Android
Supported Countries:100+ countries and regions
Supported Languages: Arabic, Danish, German, Spanish, Finnish, French, French Canadian, Italian, Japanese, Korean, Dutch, Norwegian, Polish, Portuguese (Brazilian), Russian, Swedish, Turkish, Simplified Chinese, Traditional Chinese