Oracle Fusion Cloud Enterprise Performance Management Reviews and Ratings

Rating: 7.6 out of 10

Score

7.6 out of 10

Community insights

TrustRadius Insights for Oracle Fusion Cloud Enterprise Performance Management are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

Pros

Ease of Use: Users have consistently praised the platform for its intuitive user interface, making it easy for both tech-savvy and non-tech-savvy individuals to navigate efficiently. The simple data entry process, fast calculations, and customization options without external plugins contribute to a positive user experience.

Consolidation Capabilities: Many reviewers appreciate the platform's robust consolidation features, allowing them to collate data in one place and generate actionable insights quickly. The presence of best practice configurations in Financial Consolidation Cloud streamlines setup and operation, enhancing efficiency for users.

Reporting Functionality: Users value the comprehensive reporting tools offered by the platform, including interactive and custom report generation, Excel integration, and dynamic reporting capabilities. The ability to run reports easily through SmartView after month-end close, along with support for different reporting standards like IGAAP and IFRS, further solidifies the platform's appeal to users.

Reviews

46 Reviews

Oracle Fusion Cloud EPM Review

Rating: 7 out of 10

Incentivized

April 24, 2025

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

Likelihood to Recommend

There are a few areas I believe it could be improved in such as the navigation and layout of the user experience, speed and performance of data loads etc.

Verified User

Administrator in Information Technology (201-500 employees)

Vetted Review

1 year of experience

Oracle EPM does the job for consolidation, planning, and analytical reporting to gain insights into your business

Rating: 10 out of 10

Incentivized

October 4, 2021

Use Cases and Deployment Scope

EPM is used across our finance organization to solve our consolidation, planning, budgeting, and forecasting problems. Users input data on a monthly basis and the EPM system is utilized for reporting numbers to the corporate finance team. Prior to this, we had a legacy system and it had challenges with data input and reporting. EPM has solved many of our data integration issues and all our users love the tool.

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

Likelihood to Recommend

Oracle has done an amazing job in the last 5 years to bring its on-premise Hyperion suite of products into Oracle EPM. The tool was redesigned and the user interface has improved a lot. Data integration has come a long way and loading data from other ERP sources helps users with reconciliation and reporting. There is tight integration between the modules as well.

Azmat Bhatti

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

Vetted Review

14 years of experience

Oracle EPM cloud helps aligns with Business Strategy execution and to make data-Informed decisions faster

Rating: 10 out of 10

Incentivized

May 2, 2021

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

Likelihood to Recommend

Overall a great cloud product for someone that is coming out of on-premises world and into cloud. Hardware maintenance, disaster recovery, and business continuity planning go away with cloud.

Azmat Bhatti

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

Vetted Review

4 years of experience

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Oracle Cloud EPM - Next Big Thing

Rating: 7 out of 10

Incentivized

April 22, 2021

Use Cases and Deployment Scope

Oracle Cloud EPM enables my organization to consolidate all the revenue and expenses to create an organization level view. This enables us to discover hidden costs or revenues and help us forecast the costs and revenues separately and track the progress against the same adjusting the forecasts in real time.

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

Likelihood to Recommend

I believe it can be used by any company with an aim to have a look at it's business using a magnifying glass. It can help to understand why something happened , what will happen and what should be done as well. So any organization capturing a lot of data would be more beneficial using Oracle Cloud EPM.

Rajat Jain

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

Vetted Review

2 years of experience

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Oracle EPM Cloud is like a crystal ball for your organization

Rating: 8 out of 10

Incentivized

April 22, 2021

Use Cases and Deployment Scope

Oracle Cloud EPM is being used by almost every function of our organization right from Strategy, Planning, HR, and Finance. We are using it to feed data from different sources into one single system and make sense out of that data using Data Analytics and ML techniques and then to present these findings on a regular basis to top management in order to equip them to plan and forecast accurately.

Pros

Interactive and custom reports can be generated easily
UI is intuitive and even people who are not that tech-savvy are able to get used to it without any other support
Consummate tool. One rarely needs any other external application or plugin

Cons

Performance not up to the mark out of the box
Support is not adequate
Relatively expensive
Complicated forms and difficult to navigate UI

Likelihood to Recommend

For companies who are looking to be always using cutting-edge technology, Oracle Cloud EPM is an ideal solution as with legacy EPM solutions, system updates are not that frequent and happen sporadically. At the same time, with cloud deployment, one is ensured to be always able to use the latest software.

Raman Ahuja

Associate Consultant in Information Technology at Tata Consultancy Services (10,001+ employees)

Vetted Review

1 year of experience

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Oracle Cloud EPM--the future of EPM

Rating: 7 out of 10

Incentivized

April 21, 2021

Use Cases and Deployment Scope

Oracle Cloud EPM is primarily used for collecting, collating, and organizing companywide financial data and converting it into insights and meaningful information. It is also an integral part of our overall company planning as well as individual vertical planning. Planning here refers not only to financial planning but HR and individual project planning as well.

Pros

More relevant insights are delivered in no time, as all of the data is collated at a single place and then the built-in analytics tools help generate meaningful and actionable insights using machine learning
Financial reconciliation and reporting becomes easy, too, at different reporting standards like IGAAP and IFRS
Reports can be customized using smart view, and once the report is created, it keeps on auto-refreshing.

Cons

Customer support is not up to the mark; we almost always need to go up the escalation matrix in order to get the desired support in due time
Data extraction is slow, especially at the scale of my organization
Archaic user interface
It's expensive

Likelihood to Recommend

Oracle Cloud EPM is more suited for the organizations where there are either no or only a few third-party applications, as integration with other applications is a nightmare and seems to be full of troubles. One simply can't bank on these integrations to deliver high performance; they seem to fail very often.

Annie Jain

Consultant in Information Technology at Tata Consultancy Services (10,001+ employees)

Vetted Review

2 years of experience

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Great if you don't have access to on-premises licensing

Rating: 8 out of 10

Incentivized

April 11, 2021

Use Cases and Deployment Scope

Our small company uses Oracle Cloud EPM for budget planning. All departments use it. They are preparing the company's operational expenses budget, capital expenses budget, and revenue budget. They are using parametric expense forecasting. Oracle Cloud EPM is very useful for parametric architecture and ideal for multi-participant budgeting.

Pros

Easy access
Simple data entry
Quick calculation

Cons

Inflexible integrations
You need to have an Internet connection

Likelihood to Recommend

Oracle Cloud EPM has many features. We are using it for master data management for our company. We have organized our master data here. We use it here in a shared and participatory way. Reporting is very important us. We positioned all our financial reports in this application. In addition, it has been a great advantage for us to offer a participative and agile working environment.

Verified User

Consultant in Information Technology (501-1000 employees)

Vetted Review

2 years of experience

EPM Cloud and My Views

Rating: 8 out of 10

Incentivized

March 26, 2021

Use Cases and Deployment Scope

My customers used it primarily for the FP&A Activities. It is built on the renowned Hyperion Planning engine. It is very helpful in the automation of budgeting and forecasting activities and in eliminating the spreadsheet driven planning activities. Automation and Integration capabilities are improved a lot compared to 2015.

Pros

Smartview Integration
Smart Push
Valid Intersections
Data Management
Navigation Flows
Groovy Rules

Cons

Pre built Financials Module can be much simpler
Workforce Module - HRMS integration can be much better
Hybrid Integration - there is long way to go

Likelihood to Recommend

It is unchallenged in Custom Financial Planning model development when using PBCS. But, not so great and easy if we use EPBCS

Srinivas Bobbala

Enterprise Architect in Information Technology at NetSabioS (11-50 employees)

Vetted Review

6 years of experience

View profile

Great if you don't have on-prem licensing

Rating: 8 out of 10

Incentivized

December 23, 2020

Use Cases and Deployment Scope

Our small company uses Oracle Cloud EPM for budget planning. All departments use it. They are preparing the company's operational expenses budget, capital expenses budget, and revenue budget. They are using parametric expense forecasting. Oracle Cloud EPM very useful for parametric architecture and ideal for multi-participant budgeting.

Pros

Simple data entry
Quick calculation
Easy access

Cons

You need to have an Internet connection
Inflexible integrations

Likelihood to Recommend

If you don't have an on-premises license and if you are just starting out with budget planning, this product is well suited. But if you have any license, it will burden your budget. It's ideal for multi-participant budgeting and an economical solution for OpEx, CapEx, and revenue budgeting.

Verified User

Professional in Information Technology (1001-5000 employees)

Vetted Review

2 years of experience

Oracle Planning & Budgeting Enables Unicorn to Scale!

Rating: 9 out of 10

Incentivized

February 20, 2020

Use Cases and Deployment Scope

We use Oracle Planning and Budgeting Cloud for all our financial planning processes at our company. We implemented it three years ago. We’ve been quite satisfied with the tool which we leverage heavily. Our Finance team is primarily using it.

Pros

Multi-users forecast concurrently
User security

Cons

User interface quality
Implementation speed

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.

Verified User

Executive in Finance and Accounting (1001-5000 employees)

Vetted Review

3 years of experience

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