Oracle EPM Cloud Reviews

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
156 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.1 out of 101

Do you work for this company?

Overall Rating

Reviewer's Company Size

Last Updated

By Topic

Industry

Department

Experience

Job Type

Role

Filtered By:

Reviews (1-25 of 31)

Sanket Doshi profile photo
Score 7 out of 10
Vetted Review
Verified User
Review Source

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.
Read Sanket Doshi's full review
No photo available
Score 5 out of 10
Vetted Review
Verified User
Review Source

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.
Read this authenticated review
No photo available
Score 8 out of 10
Vetted Review
Verified User
Review Source

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.
Read this authenticated review
No photo available
September 16, 2019

Moving into the future

Score 9 out of 10
Vetted Review
Verified User
Review Source

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.
Read this authenticated review
No photo available
September 19, 2019

EPM Cloud

Score 5 out of 10
Vetted Review
Verified User
Review Source

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.
Read this authenticated review
No photo available
September 18, 2019

Oracle EPM Cloud Review

Score 10 out of 10
Vetted Review
Verified User
Review Source

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.
Read this authenticated review
Vishal Shivdasani profile photo
Score 8 out of 10
Vetted Review
Verified User
Review Source

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.
Read Vishal Shivdasani's full review
Josh Carl profile photo
March 21, 2019

Great product

Score 10 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

I have not found any situations where the product is not appropriate for use. Users need to be creative to find the best way to utilize the product and think outside the box.
Read Josh Carl's full review
No photo available
March 20, 2019

EPM user review

Score 6 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

Great in eliminating multiple spreadsheet workbooks to collect forecast/budget books
Read this authenticated review
No photo available
March 20, 2019

ARCS Review

Score 8 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

Great for putting additional controls around your account reconciliation process, such as completeness, tracking, and assigning account reconciliations.
Read this authenticated review
Mike Stevenson profile photo
Score 10 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

I would strongly recommend migration to the Cloud for new customers, existing customers that can adapt to the frameworks, and clients with flexibility in improving the way they use the product for peak performance.
Read Mike Stevenson's full review
No photo available
June 25, 2018

EPM cloud

Score 8 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

Cloud solution will be good for the medium level organization.
Read this authenticated review

Feature Scorecard Summary

Drill-down analysis (10)
8.3
Formatting capabilities (9)
8.1
Report sharing and collaboration (10)
8.2
Publish to Web (9)
8.0
Publish to PDF (9)
8.7
Report Versioning (8)
7.9
Report Delivery Scheduling (7)
7.9
Multi-User Support (named login) (10)
8.8
Role-Based Security Model (12)
8.9
Multiple Access Permission Levels (Create, Read, Delete) (11)
8.9
Single Sign-On (SSO) (12)
8.9
Long-term financial planning (20)
8.6
Financial budgeting (25)
8.6
Forecasting (24)
8.1
Scenario modeling (24)
8.4
Management reporting (22)
8.5
Financial data consolidation (8)
7.9
Journal entries and reports (6)
7.2
Multi-currency management (5)
7.6
Intercompany Eliminations (6)
8.0
Minority Ownership (6)
7.8
Local and consolidated reporting (7)
7.1
Detailed Audit Trails (7)
7.9
Financial Statement Reporting (17)
8.3
Management Reporting (21)
8.3
Excel-based Reporting (21)
8.3
Automated board and financial reporting (17)
8.1
XBRL support for regulatory filing (13)
7.2
Personalized dashboards (16)
8.1
Key Performance Indicator setting (16)
7.7
Benchmarking with external data (15)
7.4
Flat file integration (23)
8.0
Excel data integration (21)
8.7
Direct links to 3rd-party data sources (21)
7.2

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