Oracle EPM cloud helps aligns with Business Strategy execution and to make data-Informed decisions faster
May 02, 2021

Oracle EPM cloud helps aligns with Business Strategy execution and to make data-Informed decisions faster

Azmat Bhatti | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • Enterprise Planning Cloud
  • Planning and Budgeting Cloud
  • Financial Consolidation and Close Cloud
  • FDMEE
  • SmartView
  • Financial Reporting

Overall Satisfaction with Oracle Cloud EPM

We are using Oracle Cloud EPM for consolidation, planning, budgeting, and forecast processes. We also use the financial reporting modules for reports.

Pros

  • Setup and configuration are not that complex
  • User interface is easy to navigate
  • Reporting and SmartView ad-hoc reports provide self-serve options for users

Cons

  • Can be combined into a single platform/application
  • Integration for metadata and hierarchy management can be streamlined
  • It will meet our objectives within two to three years
Hyperion System 11, Blackline, Coupa, PeopleSoft, Oracle HCM
Overall a great cloud product for someone that is coming out of on-premises world and into cloud. Hardware maintenance, disaster recovery, and business continuity planning go away with cloud.

Oracle Fusion Cloud Enterprise Performance Management Feature Ratings

Long-term financial planning
8
Financial budgeting
9
Forecasting
8
Scenario modeling
9
Management reporting
9
Financial data consolidation
10
Journal entries and reports
9
Multi-currency management
9
Intercompany Eliminations
9
Minority Ownership
8
Local and consolidated reporting
9
Detailed Audit Trails
9
Financial Statement Reporting
9
Management Reporting
9
Excel-based Reporting
9
Automated board and financial reporting
9
XBRL support for regulatory filing
9
Personalized dashboards
9
Key Performance Indicator setting
9
Benchmarking with external data
9
Flat file integration
9
Excel data integration
9
Direct links to 3rd-party data sources
9
Drill-down analysis
9
Formatting capabilities
9
Report sharing and collaboration
9
Publish to Web
9
Publish to PDF
9
Report Versioning
9
Report Delivery Scheduling
9
Multi-User Support (named login)
9
Role-Based Security Model
10
Multiple Access Permission Levels (Create, Read, Delete)
9
Single Sign-On (SSO)
10

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