Essbase Cloud is Good
September 19, 2019
Essbase Cloud is Good
Score 10 out of 10
Vetted Review
Verified User
Overall Satisfaction with Essbase Cloud
Essbase Cloud is being used as a Enterprise Performance Management Solution to handle the company financials, planning, forecast and budgeting purposes. It is being used across various departments like Finance, Planners, and Sourcing. Essbase is very useful for users who love Excel as it is interfaced via Oracle Smartview installed on Excel. Essbase also provides a multidimensional OLAP database which helps in faster generation of enterprise reports.
- Essbase uses Excel as a user interface, which in itself is user-friendly.
- Essbase as a multidimensional database is a very fast querying engine to generate reports faster.
- Essbase provides a user write back feature for users to input data via Excel.
- Essbase Cloud is a Sequel of its on prem version. For Essbase developers used to Essbase on prem, the interface can be much more user-friendly. Essbase on prem users are used to classic interfaces like EAS which will be missed.
- The migration from Essbase on prem to Essbase on cloud can be made much more seamless.
- Essbase delivers well on the business objectives with executive reporting.
- Essbase works well for financial close reporting purposes.
- Essbase is good for providing a single source of data for company actuals, forecast and budget data.