Overview
Product Information on Oracle Fusion Cloud Enterprise Performance Management (EPM)
What is Oracle Fusion Cloud Enterprise Performance Management (EPM)?
Oracle Fusion Cloud Enterprise Performance Management (EPM) Pricing
Overall experience with Oracle Fusion Cloud Enterprise Performance Management (EPM)
“Ease of integration and data analysis, along with enhanced budgeting and reporting capabilities”
“AP Invoice Handling and Approval Interface Functionality Falls Short of Expectations”
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Financial Planning Software
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Company Description
Oracle is a cloud technology company that offers computing infrastructure and software solutions globally. This organization has developed an autonomous database, the first of its kind, to help manage and secure data. Oracle Cloud Infrastructure presents functionalities to facilitate the transition of workloads from on-site systems to the cloud, and vice versa, as well as between different clouds. Oracle's cloud software applications provide modern tools designed to support sustainable growth and resilience in businesses. Tools developed by Oracle are used by a wide range of users including nonprofit organizations and businesses of various sizes, to aid in operations like supply chain streamlining, human resource management, financial planning and connecting data and global users. Apart from business solutions, Oracle's technology also aids in tasks ranging from government defense to scientific and medical research.
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User Sentiment About Oracle Fusion Cloud Enterprise Performance Management (EPM)
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Oracle Fusion Cloud Enterprise Performance Management (EPM) Likes & Dislikes
Breadth of services, ease of integration and implementation, narrative reporting. You need to plan out what you ultimately would like, but once this step is determined, it is easy to implement the vision into reality. My finance team are the administrators of the system, none of us previously had this experience yet we have gained the knowledge to manage the system ourselves. With the SmartView interface, which allows the ability to pull data from Oracle via Microsoft products, its easy to retrieve data on the fly, quickly answering questions or easily analyzing data. Narrative reporting has made financial reporting quick and easy. We have used this extensively in building out our monthly reporting capabilities. We can easily scale a set of reports for multiple offices and practice groups, allowing our small group to have an outsized impact by not having to spend our time putting data together but rather allowing time to provide insights into the data. With the Workforce module, we have been able to create a more automated budget process customized to our needs, and with the use of forms and reports, we have created an improved user experience while reducing errors. Much of our processes, such as monthly reports can be automated which allows the team to focus our talents elsewhere.
ARCs and the general accounting module.
One of Oracle EPM's biggest strengths is the depth of functionality. Modules such as Financial Consolidation and Close, Planning, Account Reconciliation and EDM are highly robust and well suited for enterprises with complex financial structures, multiple entities and strict compliance requirements.
Dislikes include the changing of contact support relatively quickly -- just when you get comfortable with someone and they begin to understand your needs, someone new takes over. Would like to more easily negotiate multi-year licensing agreements. While the reporting capabilities are pretty robust, would like additional capabilities, such as a type of 'vlookup' function.
The AP module and the approval interface for the users. The digital invoice interpretation also works poorly.
Graphical analytical representation is where other products shine compared to Oracle EPM. Reporting callabilities can be enhanced for senior management consumption with intuitive graphs
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Peer Discussions
Oracle Fusion Cloud Enterprise Performance Management (EPM) Reviews and Ratings
- Director of Finance1B-10B USDServices (non-Government)Review Source
Ease of integration and data analysis, along with enhanced budgeting and reporting capabilities
Prior to Oracle we were using spreadsheets for monthly reporting, analysis and budgeting. Switched to Oracle due to it's ease of use, ease of implementation, and the ability to provide the tools we needed -- budgeting (headcount, expenses, revenue), data storage allowing for ease of retrieving and reporting tool that allows us to automate reports distributed throughout the firm. Significantly reducing time and errors in providing data to key personnel. - Director of IT1B-10B USDRetailReview Source
Ease of Use and Robust Functionality Highlight Oracle EPM, Visualization Needs Improvement
Our organization is currently utilizing all major oracle EPM products like ARCS, FCC, EDM & PBCS. with a future roadmap to expand our Oracle EPM footprint to bring automation and insights to our finance organization. Our users enjoy the ease of use and the SmartView capability where all the information can be presented at the click of button in Excel. Slice/Dice capability of multidimensional EPM applications is something our finance team thoroughly utilizes in critical decision making. - IT Associate1B-10B USDTravel and HospitalityReview Source
Customer Service Praised, Transaction Matching Module Excellent, and Opportunities for Growth around Profiles and Reconciliations.
I have been very impressed with the level of customer service they have provided. They are always willing to help, always very knowledgeable, if they haven't seen something before, they get development or another team working to resolve the issue. The transaction matching module is really neat, and I am excited to get that up and running. I am also very excited for the AI enhancements coming out. That will save our team so much time and effort around profiles alone. - Director Of Finance10B+ USDServices (non-Government)Review Source
Oracle EPM - The future is now!
Our partnership with Oracle EPM has been an evolving journey as we continue to take advantage of opportunities to streamline, automate, and improve. The EPM team has worked with us throughout the journey to help meet our custom needs and enhance the overall experience. We continue to be impressed with the evolving offering and new services coming, including AI opportunities. - ACCOUNTING SYSTEMS ANALYST50M-1B USDHealthcare and BiotechReview Source
Oracle's Automation Tools: Revolutionizing Task Management Experience
Oracle has a lot of capabilities that our previous system did not have. It has a much more modern look, and the performance is so much faster. Reporting and analytics are much more user friendly. The docs website and online forum Oracle provides has been a godsend for end users to learn the new system.