Efficient EPM platform for all companies.
October 27, 2020

Efficient EPM platform for all companies.

Chris Edwards | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Modules Used

  • Enterprise Planning Cloud
  • Planning and Budgeting Cloud
  • Enterprise Performance Reporting Cloud
  • Account Reconciliation Cloud
  • Financial Consolidation and Close Cloud
  • Profitability and Cost Management Cloud
  • Tax Reporting Cloud

Overall Satisfaction with Oracle Cloud EPM

Oracle Cloud EPM is a world-class planning, forecasting and budgeting platform that we use in our organization across various departments to ensure that we improve our workflow, planning among other crucial roles thus work in harmony as an organization.It has enabled us implement accurate and research-based budgeting and planning actions that drive our portfolio and one that enables us to make accurate decisions concerning our future and the way we do our business. The platform has enabled us comply with the set standards in tax reporting and this has ensures that we remain in compliance with set standards. Its agile, strong and robust and fits well in all organizations with ease.It helps us prepare for any occasion/scenario that may arise within our workflow and workforce.
  • Helps us in planning and this ensures that our workflow is smooth and excellent at all times.
  • Its agile and fits well in all organizations with simplicity.
  • Customer support is available and willing to help at all times.
  • Helps us understand better the financial implications of our projects and this helps implement workable timelines in achieving them.
  • Sometimes its affected by poor internet connections affecting its usage.
  • Still some part of our workforce who are less tech-savvy had a steep learning curve in understanding how to use the platform.
  • Has enabled us bring tax compliance in our company thereby avoid any legal confrontations with the government.
  • Improves the way we implement our projects eliminating any form of delay/failure.
  • Empowers our company with accurate information on our performance and this gives us a true picture of our standing of our business.
Its a platform that fits well in a scenario where an organization aims to expedite their planning process and ensure that they are able to use and maximize their economies of scale and thus grow their portfolio. It will help the company bring in efficiency and this helps improve their decision making process and grow their portfolio.
It also works well in a situation where you are seeking a modelling platform to help in simulating various what-if- scenarios and this help in ensuring prudent usage of financial resources in our company.

Oracle Fusion Cloud Enterprise Performance Management Feature Ratings

Long-term financial planning
8
Financial budgeting
9
Forecasting
10
Scenario modeling
9
Management reporting
9
Financial data consolidation
10
Journal entries and reports
10
Multi-currency management
9
Intercompany Eliminations
9
Minority Ownership
10
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
10
Management Reporting
9
Excel-based Reporting
10
Automated board and financial reporting
9
XBRL support for regulatory filing
10
Personalized dashboards
9
Key Performance Indicator setting
9
Benchmarking with external data
10
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9
Drill-down analysis
10
Formatting capabilities
9
Report sharing and collaboration
10
Publish to Web
10
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
10
Multi-User Support (named login)
9
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
9