EPM Cloud
Updated January 26, 2020

EPM Cloud

Anonymous | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User

Modules Used

  • Enterprise Planning Cloud
  • Planning and Budgeting Cloud
  • Financial Consolidation and Close Cloud
  • Profitability and Cost Management Cloud

Overall Satisfaction with Oracle EPM Cloud

Oracle EPM is used for external and management reporting.
  • Excel Reporting,
  • Ease of use for end-users.
  • Customizable.
  • It lacks the consolidation features used by competitors.
  • It uses 20 year Essbase technology.
  • Oracle sold the product without a metadata or ETL solution.
  • It allows management reporting across 20 countries.
Companies will need to change their processes to follow the Oracle standard process. It does not work well for a sub-standard process.

Oracle Fusion Cloud Enterprise Performance Management Feature Ratings

Long-term financial planning
10
Financial budgeting
10
Forecasting
10
Scenario modeling
10
Management reporting
10
Financial data consolidation
5
Journal entries and reports
5
Multi-currency management
5
Intercompany Eliminations
5
Minority Ownership
10
Local and consolidated reporting
6
Detailed Audit Trails
10
Financial Statement Reporting
5
Management Reporting
5
Excel-based Reporting
5
Automated board and financial reporting
5
XBRL support for regulatory filing
5
Personalized dashboards
10
Key Performance Indicator setting
10
Benchmarking with external data
10
Flat file integration
3
Excel data integration
10
Direct links to 3rd-party data sources
3
Drill-down analysis
10
Formatting capabilities
10
Report sharing and collaboration
10
Publish to Web
10
Publish to PDF
10
Report Versioning
10
Report Delivery Scheduling
10
Multi-User Support (named login)
10
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
10
Single Sign-On (SSO)
10

Using Oracle EPM Cloud

300 - Finance, Operations, Accounting, BI
8 - Essbase development, knowledge of external reporting standards
  • GAAP Reporting
  • Weekly managerial reporting
  • Setting employee standard labor hours
  • Theatre KPI and stats cube
  • Domestic forecasting