Oracle Cloud EPM, EPM - Easy. Productivity. Model. - It's worth it!
April 23, 2021

Oracle Cloud EPM, EPM - Easy. Productivity. Model. - It's worth it!

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

Modules Used

  • Enterprise Planning Cloud
  • Enterprise Performance Reporting Cloud
  • Account Reconciliation Cloud
  • Profitability and Cost Management Cloud

Overall Satisfaction with Oracle Cloud EPM

Oracle Cloud EPM is used by the majority of our organization. We use it for financial planning, ad hoc reporting and analysis, as well as enterprise data management. The business problems it addresses, besides those already mentioned is growing our portfolios, performance insights, as well as financial implications of certain demands and projects.
  • Planning projects.
  • Smart push.
  • Groovy rules.
  • Data management.
  • Price (cost).
  • If bandwidth is slow, product performs slow.
  • UI quality.
The workflows and rules have greatly increased automation which makes for an ideal internal scenario saving our team members time while working through their daily processes. Also, the exposure to our data from a data management standpoint has really been a game-changer for our teams. The Smartview capability really has helped those with a strong Excel background.
We're still in an infant stage of the product if you will, but the reporting and analytics thus far have been great. Having the ability to do actual vs. planned analytics is exactly what we needed as an organization which Oracle Cloud EPM offers. The visual graphs and charts are a treat for our users.
  • Great workflows saving us time.
  • Definitely worth the investment.
  • Aggregation of data.
The cloud is the way technology is going, so we love migrating from on prem solutions to true cloud-based solutions such as Oracle Cloud EPM. It's very easy to use. We also felt comfortable choosing the solution when reading a previous review around the system being able to have one global plan and integration with other Oracle products for plans which reduces the manual effort of getting the data and activating information.
I would say that this product is still being learned and trusted around organizations. Our Accounts Payable team really enjoys working with this true cloud platform. Everything the product comes with out of the box (for the most part is sufficient for us). Unfortunately we've had to tap into multiple consultants to access/help with issues with underlying tables.

Oracle Cloud EPM Feature Ratings

Long-term financial planning
8
Financial budgeting
8
Forecasting
9
Scenario modeling
8
Management reporting
9
Financial data consolidation
8
Journal entries and reports
9
Multi-currency management
8
Local and consolidated reporting
9
Detailed Audit Trails
8
Financial Statement Reporting
8
Management Reporting
8
Excel-based Reporting
7
Automated board and financial reporting
9
XBRL support for regulatory filing
8
Personalized dashboards
8
Key Performance Indicator setting
9
Benchmarking with external data
9
Flat file integration
Not Rated
Excel data integration
9
Direct links to 3rd-party data sources
7
Drill-down analysis
8
Formatting capabilities
8
Report sharing and collaboration
9
Publish to Web
7
Publish to PDF
8
Report Versioning
8
Report Delivery Scheduling
8
Multi-User Support (named login)
7
Role-Based Security Model
8
Multiple Access Permission Levels (Create, Read, Delete)
8
Single Sign-On (SSO)
9