Oracle EPM Cloud is like a crystal ball for your organization
April 22, 2021
Oracle EPM Cloud is like a crystal ball for your organization
Score 8 out of 10
Vetted Review
Verified User
Modules Used
- 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 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.
- 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
- Performance not up to the mark out of the box
- Support is not adequate
- Relatively expensive
- Complicated forms and difficult to navigate UI
- IT department has become leaner in terms of FTEs as we don't need to maintain our own hardware or keep on upgrading the hardware
- A lot of money has been saved directly by not needing to keep hardware and also better forecasts and reports
- Reports and Dashboards have become more interactive and now everyone can quickly customize the reports as per their needs