EPM Cloud - Consolidations and Planning together
October 09, 2019

EPM Cloud - Consolidations and Planning together

Sanket Doshi | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Modules Used

  • Financial Consolidation and Close Cloud

Overall Satisfaction with Oracle EPM Cloud

We are fairly new to the Oracle offerings. We are using FCC at department level - within corporate sector, right now. It allows us to consolidate our financial numbers at GAAP and IFRS level and report at the top level to our leadership team and executives - on a monthly, quarterly and yearly basis. Thank you!

Pros

  • Consolidates financial numbers well
  • Allows different way of representation of data
  • Aggregation of data

Cons

  • Limitation of number of dimensions it can have
  • Performance tend to be slow when it has to process large data
  • Simplest way to import / export data
  • Positive - Consolidated financial processing and reporting
When you want to have a once centralize system to manage your master data, EPM is a good option.

EPM is also a good option for Planning, Budgeting & Forecasting.

When you have large data sets, many dimensions or objects, EPM is probably not a good option as it could be very costly at the end.

Oracle Fusion Cloud Enterprise Performance Management Feature Ratings

7.0
Long-term financial planning
7
Financial budgeting
7
Forecasting
7
Scenario modeling
7
Management reporting
7
6.0
Financial data consolidation
6
Journal entries and reports
6
Multi-currency management
Not Rated
Intercompany Eliminations
6
Minority Ownership
6
Local and consolidated reporting
6
Detailed Audit Trails
6
6.0
Financial Statement Reporting
6
Management Reporting
6
Excel-based Reporting
6
Automated board and financial reporting
6
XBRL support for regulatory filing
6
5.0
Personalized dashboards
5
Key Performance Indicator setting
5
Benchmarking with external data
5
5.7
Flat file integration
6
Excel data integration
6
Direct links to 3rd-party data sources
5
BI Standard Reporting ()
Not Rated
5.0
Drill-down analysis
5
Formatting capabilities
5
Report sharing and collaboration
5
5.5
Publish to Web
5
Publish to PDF
6
Report Versioning
5
Report Delivery Scheduling
6
Data Discovery and Visualization ()
Not Rated
5.8
Multi-User Support (named login)
5
Role-Based Security Model
6
Multiple Access Permission Levels (Create, Read, Delete)
6
Single Sign-On (SSO)
6
Mobile Capabilities ()
Not Rated

Comments

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