Oracle Fusion Cloud Enterprise Performance Management

Score7.6 out of 10

181 Reviews and Ratings

What is Oracle Fusion Cloud Enterprise Performance Management?

Oracle Fusion Cloud Enterprise Performance Management (EPM) is a solution that helps users model and plan across finance, HR, supply chain, and sales, streamline the financial close process.

Categories & Use Cases

Media

Process and Workflow - Flexible Workflow and Process Management - Annotations - Concurrency in Usage

Integration - External Integration - Oracle ERP Systems and Hybrid On-Premise Deployment

Planning and Forecasting - Decision-Oriented Plans with Instant Feedback Loop - What-If Modeling and Sandbox

User Interface - Role-Based, Intuitive User Interface - Role-Based Navigation Flows - Microsoft Office Interface

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Excel-based Reporting
Ad hoc or formatted reports using MS Excel.
Category average: 8.3
Pixel Perfect reports
Pixel Perfect reports are highly-formatted reports with graphics and ability to preview the report before printing.
Category average: 7.4
Publish to Web
Category average: 7.8

Predictive Analytics
Predictive Analytics is the ability to build forecasting models based on existing data sets.
Category average: 7.8
Customizable dashboards
Customizable dashboards are dashboards providing the builder some degree of control over the look and feel and display options.
Category average: 7.6
Report Formatting Templates
Category average: 7.4

Azmat Bhatti View profile

Technical Delivery Manager EPM in Information Technology at Chartwell Retirement Residences (10,001+ employees employees)

Use Cases and Deployment Scope

We are using Oracle Cloud EPM for consolidation, planning, budgeting, and forecast processes. We also use the financial reporting modules for reports.

Pros

Setup and configuration are not that complex
User interface is easy to navigate
Reporting and SmartView ad-hoc reports provide self-serve options for users

Cons

Can be combined into a single platform/application
Integration for metadata and hierarchy management can be streamlined

Return on Investment

It will meet our objectives within two to three years

Verified User

Administrator in Information Technology (201-500 employees employees)

Use Cases and Deployment Scope

We use Oracle Fusion primarily as our ERP solution for the modules General Ledger, Accounts Payable, Fixed Assets and Multiperiod Accounting. It is fully an integrated solution with SAP Concur and our Treasury Management Solution, GTreasury. The Oracle Fusion EPM allows us to produce consolidated financial statements in a timely manner.

Pros

Integration
Modular based
Easily accessible

Cons

Financial close enhancements
Speed and performance particularly with data loads
UX I.e. navigation and layout

Return on Investment

Produce reports faster
Produce reports more accurately

Usability

Alternatives Considered

Anaplan and OneStream

Other Software Used

Anaplan, SAP Concur, GTreasury, Oracle Fusion Cloud ERP

Greg Grey View profile

Senior Manager, Corporate Finance and Treasury Applications in Information Technology at Oshkosh Corporation (10,001+ employees employees)

Pros

It mimics HSF, but doesn't require the infrastructure or upgrades that HSF does.

Cons

Currently there is a big functionality gap, in that iterations of models cannot be saved off unless scripts are written to do this. Oracle has promised Direct Migration functionality will be available in their May release.

Return on Investment

No real impact as of yet...pretty much mimics what we had in HSF.

Alternatives Considered

none

Azmat Bhatti

IT Faculty in Information Technology at Seneca College (10,001+ employees employees)

Pros

Consolidation
Planning and budgeting
Data management
Reporting
Smartview

Cons

Adoption of API with other products such as reporting into Tableau, Qlik, and Power BI
Data integration with Salesforce platform

Return on Investment

ROI
Ease of use
Intuitive

Alternatives Considered

BlackLine

Rajat Jain View profile

Project Manager in Corporate at Infosys (10,001+ employees employees)

Pros

Downtime is really low
Latency issues are rare as the instances are available in the nearby regions
Reports are more useful and can be tailor made by everyone as per their use case

Cons

Initial onboarding is a bit rocky and the performance is not up to the mark
Unintuitive navigation
At times data retrieval works at a snail's pace

Return on Investment

Analysts are able to focus on more sophisticated analysis and basic reporting is now taken care of by Oracle Cloud EPM
No need to maintain hardware across geographies
Planning is more data driven