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

Raman Ahuja | TrustRadius Reviewer
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
For companies who are looking to be always using cutting-edge technology, Oracle Cloud EPM is an ideal solution as with legacy EPM solutions, system updates are not that frequent and happen sporadically. At the same time, with cloud deployment, one is ensured to be always able to use the latest software.

Oracle Cloud EPM Feature Ratings

Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
Not Rated
Financial data consolidation
Not Rated
Journal entries and reports
Not Rated
Multi-currency management
Not Rated
Intercompany Eliminations
Not Rated
Minority Ownership
Not Rated
Local and consolidated reporting
Not Rated
Detailed Audit Trails
Not Rated
Financial Statement Reporting
Not Rated
Management Reporting
Not Rated
Excel-based Reporting
Not Rated
Automated board and financial reporting
Not Rated
XBRL support for regulatory filing
Not Rated
Personalized dashboards
Not Rated
Key Performance Indicator setting
Not Rated
Benchmarking with external data
Not Rated
Not Rated
Flat file integration
Not Rated
Excel data integration
Not Rated
Direct links to 3rd-party data sources
Not Rated
Drill-down analysis
Not Rated
Formatting capabilities
Not Rated
Report sharing and collaboration
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Multi-User Support (named login)
Not Rated
Role-Based Security Model
Not Rated
Multiple Access Permission Levels (Create, Read, Delete)
Not Rated
Single Sign-On (SSO)
Not Rated