Oracle EPM Cloud Services

Oracle EPM Cloud Applications

Designed for change. Built for you.

Enterprise Performance Management (EPM) software helps you analyze, understand, and report on your business. EPM refers to the processes designed to help organizations plan, budget, forecast, and report on business performance as well as consolidate and finalize financial results (often referred to as “closing the books”). EPM solutions are primarily used by CFOs and the office of finance, while other functional areas, such as HR, sales, marketing, and IT, use EPM for operational planning, budgeting, and reporting.
In today’s fast-paced business environment, having accurate and timely insights into performance is essential.

Oracle Cloud EPM (Enterprise Performance Management) is

While often tied to enterprise resource planning (ERP) systems, EPM software complements ERP by providing management insights in addition to top of operational data. In other words, ERP is about operating the business—the day-to-day transactional activity—and EPM is about managing the business—analyzing, understanding, and reporting on the business.

A cloud-based solution for managing financial performance.

Includes tools for budgeting, forecasting, financial reporting, and analytics.

Offers financial consolidation and close management.

It contains modules such as Planning, Account Reconciliation, Profitability and Cost Management, Tax Reporting, and Enterprise Data Management.

Designed for efficient financial operations and improved financial insights.

Key Features and Components

Planning

Oracle Cloud EPM offers robust planning capabilities that enable organizations to develop detailed financial and operational plans.This includes workforce planning, project financial planning, capital expense planning, and strategic modeling.

Budgeting

Budgeting is a critical component of Oracle Cloud EPM. It helps businesses create, manage, and track their budgets efficiently.

The platform supports driver-based budgeting, which links financial outcomes to operational drivers.

Forecasting

With Oracle Cloud EPM, organizations can perform accurate and timely forecasting. The platform uses advanced analytics and machine learning to predict future financial outcomes based on historical data and current trends.

Financial Consolidation

Oracle Cloud EPM streamlines the financial consolidation process, enabling organizations to close their books faster and more accurately.It supports complex consolidation requirements, including intercompany eliminations, multi-currency translations, and regulatory reporting.

Reporting and Analysis

The reporting and analysis capabilities of Oracle Cloud EPM provide businesses with powerful tools to create comprehensive and insightful reports.

The platform supports various reporting formats, including dashboards, scorecards, and financial statements.

Key Modules of Oracle Cloud EPM

Features and Functionalities
Integration with Other Financial Systems

Detailed Cost Analysis
Profitability Tracking

Streamlining Financial Close Processes
Ensuring Compliance and Accuracy

Master Data Management
Data Governance and Quality

Comprehensive Reporting Tools
Collaborative Reporting Environment