Oracle EPM Cloud Reviews

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Score 8.1 out of 100

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Reviews (1-25 of 35)

Sanket Doshi profile photo
Score 7 out of 10
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Use Cases and Deployment Scope

We are fairly new to the Oracle offerings. We are using FCC at department level - within corporate sector, right now. It allows us to consolidate our financial numbers at GAAP and IFRS level and report at the top level to our leadership team and executives - on a monthly, quarterly and yearly basis. Thank you!
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Rosetta Cheung profile photo
Score 9 out of 10
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Use Cases and Deployment Scope

It's being used by the FP&A team for monthly business reporting package. Prior to having the Oracle EPM Cloud, the team used Excel spreadsheets. This is a lot easier without having to manually calculate other formulas.
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GLen Chang profile photo
Score 10 out of 10
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Use Cases and Deployment Scope

Oracle EPM Cloud is used by our entire company for analytics of our business and helping us to ensure that senior leadership understand how we are performing as a company.
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Katherine Thompson profile photo
Score 9 out of 10
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Use Cases and Deployment Scope

Currently using Oracle EPM Cloud's ePBCS for financial planning and implementing workforce planning. It is used in Phase 1 - Finance for budget setting, forecasting, and transfers of budgets. In Phase 2 HR, we will be using it to plan our people and have created interfaces for recruitment and to update HCM, in order to create new positions based on the required level of need.

This will allow us to have sight of our vacancies and demands. We are adopting position management in Oracle HCM Cloud, along with jobs, performance, learn module. Will will use this alongside the customer experience cube, to manage recruitment and retention.

We also have Oracle Analytics Cloud. This will help us to decide whether we have the talent in house to fulfill vacancies or if we need to go outside to recruit.
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Raemsh Potta profile photo
September 16, 2019

EPM Review

Score 9 out of 10
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Use Cases and Deployment Scope

We use it for our entire AOP and QOP plan in OPEX and revenue. It is being used across the company and management is getting real-time details to make quick decisions.
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ShyamSunder Agrawal profile photo
September 16, 2019

EPM Cloud Review

Score 9 out of 10
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Use Cases and Deployment Scope

It is getting used for planning and budgeting. It is being used across my organization. It is solving the issues with sales planning cycles and expense budgeting.
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No photo available
Score 8 out of 10
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Verified User
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Use Cases and Deployment Scope

Oracle Financial Consolidation and Close Cloud is being used by our client to manage to close and consolidating and maintain compliance and auditability at the same time. The primary reason why this was chosen over other options is that they already have Oracle Financials, Human Resource Cloud, Sales cloud and Planning and Budgeting cloud and having an Oracle app for this purpose too allows them to have one flawlessly integrated system.
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No photo available
Score 8 out of 10
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Use Cases and Deployment Scope

Enterprise Planning and Budgeting Cloud is used by our finance department. It is their only tool to plan financial budgets and build their forecast. The financial reports generated out of the module are used extensively for comparing the plan vs actuals. The data from our core fusion ERP system is loaded daily into EPBCS that keep the module as current as possible to compare the performance against the budgets.
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No photo available
Score 5 out of 10
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Use Cases and Deployment Scope

Oracle EPM Cloud is only being used by our financial management team in our organization. The two main business problems we are using Oracle EPM Cloud to solve are to manage the performance of our enterprise and for analytics related to business intelligence. We needed a solution that was both easy-to-use and flexible to our changing demands, hence we chose Oracle EPM Cloud.
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No photo available
Score 8 out of 10
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Use Cases and Deployment Scope

Currently we have on-premises Hyperion, and that is a very dated version and we do not have a lot of new capabilities released by Oracle. EPBCS is planned to be used across the organization.
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September 16, 2019

Moving into the future

Score 9 out of 10
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Use Cases and Deployment Scope

Oracle EPM Cloud is being used to efficiently and effectively plan our annual budget. We are able to generate reports and calculations to assist with our budget as well as the creation of ad hoc queries and monthly reporting needs. We currently utilize this product within the finance division.
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September 19, 2019

EPM Cloud

Score 5 out of 10
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Use Cases and Deployment Scope

Oracle EPM is used for external and management reporting.
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September 18, 2019

Oracle EPM Cloud Review

Score 10 out of 10
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Verified User
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Use Cases and Deployment Scope

I started using Oracle EPM Cloud when I realized it would help with the extended financial close. It gave our programmers the ability to respond in a fast and efficient timeframe.
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Raju Aenike profile photo
Score 8 out of 10
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Verified User
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Use Cases and Deployment Scope

We have started with our cloud Journey with Oracle EPM Cloud. We started off with Account Reconciliation Cloud (ARCS). We have selected ARCS to manage our reconciliations and our coroprate Record to Report uses this. We want to automate reconciliations and provide better visibility and control over reconcilaitions. we are moving from a manual process to ARCS.
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Vishal Shivdasani profile photo
Score 8 out of 10
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Use Cases and Deployment Scope

My client is a multi-billion, multi-national construction and infrastructure company. Oracle EPM cloud was used to report monthly, quarterly, half year and full year. EPM cloud is also used to consolidate through the divisions and with the parent company in the UK. Reporting to the London Stock Exchange, providing timely consolidations to the level of detail required, over various divisions globally was a problem that the client struggled with for many years. Ultimately, they upgraded from HFM (standalone, on-prem) to Oracle EPM Cloud across the US and currently being implemented across all global divisions. The predominant problem being addressed is seamless consolidation and vital data capture for reporting on IFRS and GAAP globally.
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Josh Carl profile photo
March 21, 2019

Great product

Score 10 out of 10
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Use Cases and Deployment Scope

We are using the functionality enterprise wide to provide insight and analytical trends as well as accelerating the monthly close and consolidation process.
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No photo available
Score 9 out of 10
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Verified User
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Use Cases and Deployment Scope

Oracle Planning and Budgeting Cloud is being used by our Finance Team and some select departments to do planning, forecasting, budgeting, and reporting. It's not being used by the whole company, but I estimate about 30%. It's a cloud-based platform which is great in driving new user adoption for teams outside of Finance. It's intended to address forecasting, budgeting, and reporting while serving as single-source-of-truth for all financial data.
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No photo available
Score 7 out of 10
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Verified User
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Use Cases and Deployment Scope

Oracle Financial Consolidation and Close Cloud is being considered for several clients and I have supported implementation with one client in particular. This Oracle Financial Consolidation and Close Cloud implementation is more focused on a smaller group of financial reporting users. The main purpose is to perform consolidations and manage closing activities across entities in various countries.
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No photo available
March 20, 2019

EPM user review

Score 6 out of 10
Vetted Review
Verified User
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Use Cases and Deployment Scope

We currently use EPBCS for planning & budgeting across the organization. We leverage primarily the expense & workforce module and our user group are various cost centre managers & administrators
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Feature Scorecard Summary

Pixel Perfect reports (2)
8.1
Customizable dashboards (3)
5.7
Report Formatting Templates (3)
5.8
Drill-down analysis (15)
8.0
Formatting capabilities (14)
7.8
Report sharing and collaboration (14)
8.2
Publish to Web (11)
8.0
Publish to PDF (13)
8.8
Report Versioning (12)
7.9
Report Delivery Scheduling (11)
8.1
Pre-built visualization formats (heatmaps, scatter plots etc.) (2)
5.7
Location Analytics / Geographic Visualization (2)
5.3
Predictive Analytics (2)
5.7
Multi-User Support (named login) (15)
8.6
Role-Based Security Model (17)
8.7
Multiple Access Permission Levels (Create, Read, Delete) (15)
8.7
Single Sign-On (SSO) (16)
8.7
Responsive Design for Web Access (2)
6.2
Dedicated Android Application (1)
8.2
Long-term financial planning (23)
8.6
Financial budgeting (30)
8.6
Forecasting (29)
8.1
Scenario modeling (28)
8.4
Management reporting (26)
8.5
Financial data consolidation (12)
7.8
Journal entries and reports (9)
7.3
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 (21)
8.4
Management Reporting (25)
8.4
Excel-based Reporting (24)
8.3
Automated board and financial reporting (21)
8.1
XBRL support for regulatory filing (15)
7.3
Personalized dashboards (19)
8.1
Color-coded scorecards (3)
6.7
KPIs (3)
7.4
Cost and profitability analysis (3)
5.8
Key Performance Indicator setting (18)
7.6
Benchmarking with external data (18)
7.5
Flat file integration (27)
8.1
Excel data integration (25)
8.7
Direct links to 3rd-party data sources (24)
7.3

About Oracle EPM Cloud

Oracle’s complete EPM suite gives you the agility you need to respond to change faster, promises the vendor. Combined with the innovation and 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 your processes
  • Enterprise Data Management – Improve trust in your numbers
  • Narrative Reporting – Reinvent your reporting
  • Tax Reporting – Bring tax and finance together

Oracle offers a vibrant customer community where customers can network with peers, engage with product experts, submit ideas for product enhancements and more: https://cloudcustomerconnect.oracle.com/

Oracle EPM Cloud 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
Does not have featureColor-coded scorecards
Does not have featureKPIs
Does not have featureCost and profitability analysis
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
BI Standard Reporting Features
Does not have featurePixel Perfect reports
Does not have featureCustomizable dashboards
Does not have featureReport Formatting Templates
Ad-hoc Reporting Features
Has featureDrill-down analysis
Has featureFormatting capabilities
Does not have featurePredictive modeling
Does not have featureIntegration with R or other statistical packages
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
Data Discovery and Visualization Features
Does not have featurePre-built visualization formats (heatmaps, scatter plots etc.)
Does not have featureLocation Analytics / Geographic Visualization
Does not have featurePredictive Analytics
Does not have featureSupport for Machine Learning models
Does not have featurePattern Recognition and Data Mining
Does not have featureIntegration with R or other statistical packages
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)
Mobile Capabilities Features
Does not have featureResponsive Design for Web Access
Does not have featureDedicated iOS Application
Does not have featureDedicated Android Application
Does not have featureDashboard / Report / Visualization Interactivity on Mobile
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 EPM Cloud Screenshots

Oracle EPM Cloud Video

Watch Royal Bank of Scotland Modernizes with Oracle EPM Cloud

Oracle EPM Cloud Downloadables

Oracle EPM Cloud Integrations

Microsoft Office Add-In

Oracle EPM Cloud Competitors

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 EPM Cloud Support Options

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

Oracle EPM Cloud 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