Great if you don't have on-prem licensing
December 23, 2020

Great if you don't have on-prem licensing

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Planning and Budgeting Cloud

Overall Satisfaction with Oracle Cloud EPM

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
  • Employee productivity increased
  • Experts devoted time to analysis
Oracle Cloud EPM is the more useful application. It also provides more functions and possibilities.
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.

Oracle Fusion Cloud Enterprise Performance Management Feature Ratings

9.4
Long-term financial planning
8
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
9
Consolidation and Close ()
Not Rated
8.3
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
10
Automated board and financial reporting
7
8.7
Personalized dashboards
9
Key Performance Indicator setting
8
Benchmarking with external data
9
8.0
Flat file integration
8
Excel data integration
8
BI Standard Reporting ()
Not Rated
9.0
Drill-down analysis
10
Formatting capabilities
9
Report sharing and collaboration
8
9.0
Publish to Web
9
Publish to PDF
8
Report Versioning
10
Data Discovery and Visualization ()
Not Rated
9.3
Multi-User Support (named login)
10
Role-Based Security Model
9
Multiple Access Permission Levels (Create, Read, Delete)
9
Mobile Capabilities ()
Not Rated

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