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Oracle Cloud EPM - Next Big Thing
April 22, 2021

Oracle Cloud EPM - Next Big Thing

Rajat Jain | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Modules Used

  • Planning and Budgeting Cloud
  • Account Reconciliation Cloud
  • Financial Consolidation and Close Cloud
  • Profitability and Cost Management Cloud

Overall Satisfaction with Oracle Cloud EPM

Oracle Cloud EPM enables my organization to consolidate all the revenue and expenses to create an organization level view. This enables us to discover hidden costs or revenues and help us forecast the costs and revenues separately and track the progress against the same adjusting the forecasts in real time.
  • Downtime is really low
  • Latency issues are rare as the instances are available in the nearby regions
  • Reports are more useful and can be tailor made by everyone as per their use case
  • Initial onboarding is a bit rocky and the performance is not up to the mark
  • Unintuitive navigation
  • At times data retrieval works at a snail's pace
  • Analysts are able to focus on more sophisticated analysis and basic reporting is now taken care of by Oracle Cloud EPM
  • No need to maintain hardware across geographies
  • Planning is more data driven
I believe it can be used by any company with an aim to have a look at it's business using a magnifying glass. It can help to understand why something happened , what will happen and what should be done as well. So any organization capturing a lot of data would be more beneficial using Oracle Cloud EPM.

Oracle Fusion Cloud Enterprise Performance Management Feature Ratings

Not Rated
Long-term financial planning
Not Rated
Financial budgeting
Not Rated
Forecasting
Not Rated
Scenario modeling
Not Rated
Management reporting
Not Rated
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
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
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
BI Standard Reporting ()
Not Rated
Not Rated
Drill-down analysis
Not Rated
Formatting capabilities
Not Rated
Report sharing and collaboration
Not Rated
Not Rated
Publish to Web
Not Rated
Publish to PDF
Not Rated
Report Versioning
Not Rated
Report Delivery Scheduling
Not Rated
Data Discovery and Visualization ()
Not Rated
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
Mobile Capabilities ()
Not Rated