Oracle Enterprise Performance Management
Create complete synergy within your business.
Oracle EPM assists businesses to create a unified foundation across finance, HR, procurement, sales and marketing, driving a streamlined, overarching framework that assists in creating a smoother financial close process.
EPM services
Account reconciliation
Automate account reconciliations and transaction matching.
Improve the efficiency and accuracy of your financial statements while addressing security and risk associated with the process.
Planning and budgeting
Develop streamlined, accuracte planning models across your business.
Navigate uncertainty with scenario modeling and leverage predictive intelligence across finance, operations, procurement, sales and marketing.
Financial consolidation and close
Deliver faster, accurate and more transparent reporting that takes into consideration changing business and compliance requirements.
Narrative reporting
Stay on top of internal and external reporting requirements with narrative reporting, allowing for team colloboration across financial, magement and regulatory reporting packages.
Tax reporting
Align tax with corporate financial reporting for better visibility and compliance.
Deliver transparent corporate tax processes, including tax provision and varied county reporting.
Freeform
Oracle Freeform delivers the power and flexibility to drive better outcomes with the multidimensional analysis, planning, modeling and reporting.
Enterprise data management
Dealing with constant changes within your business is made simple with enterprise data management that concludes data governance, change data visulations and hierarchy management.
Why Oracle?
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Key capabilities
Smart View enables you to integrate ERP, enterprise performance management (EPM), and business intelligence (BI) data directly from the data source into Microsoft Word, PowerPoint, Excel, and Outlook. Using Smart View, you can view, import, manipulate, distribute and share data in Office-based interfaces.
Ad hoc and free-form analysis for cloud and on-premises
With an easy-to-use interface that provides powerful capabilities without need for writing complex queries, Smart View can access cloud and on-premises Oracle sources. Analysis can be saved locally or centrally, and can be reused period to period with a simple one-click refresh.
Form and flex form interaction
With flex forms, working with predefined forms does not restrict powerful Excel features, as users can still take advantage of sorting, filtering, and other native Excel functionality.
Report design
With Smart View, you can leverage the capabilities of data retrieves for reporting. Once the data is available within Office, users can create reports, documents, and presentations based on a combination of data sources. Create reports in Office that can be refreshed periodically as needed.
Pre-created content access
There is no need to recreate content, such as charts or grids, within your source system. Whether you are importing in Word, Powerpoint, or Excel, the imported content can be refreshed directly in the Office environment.
Smart View for Office product details
Smart View for Office tutorial
Source: Oracle
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Dashboards
Leverage dashboards with advanced charting and visualization capabilities that also support the write-back of data. Users can easily create new dashboards with a point-and-click designer or manipulate existing dashboards to support their analysis and tasks at hand.
Reports
Powerful reporting capabilities with built-in financial intelligence enable you to understand variances. Reports can be used interactively to provide analysis and drill-to-source, or can be run in report books. Reports can also be bursted and sent to users on a schedule.
KPIs and infolets
Critical key performance indicators are readily available to stakeholders via infolets on the user's home screen.
Web ad hoc query capabilities
Nonpower users can easily investigate the data to perform a more detailed analysis with next-generation ad hoc query capabilities directly in the web interface.
Available on any device
Access all your reporting and analysis content on desktop, web, or mobile device.
Visit Oracle EPM Narrative Reporting overview
Source: Oracle
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Integrate data from multiple types of source applications
Easily integrate your critical sources to your Oracle Cloud EPM application, regardless of whether the source is on-premises or cloud, Oracle, or a third-party.
Drill to transaction details in the source system
Delivers the ability to access and understand the detailed transactions underlying the data in the EPM application, with all data source access controls enforced.
Extract data to integrate into other systems
Provides the ability to extract data from your EPM application to integrate into other environments, such as a data lake, warehouse, or operational system.
EPM automate
Powerful automation utility for automating and interfacing to Cloud EPM for nearly all administrative needs. Allows easy integration into your third-party scheduler or from a command line.
REST API
Comprehensive REST APIs allow broader integration into other processes and web services that fit with your company's IT strategy.
Integration with other applications
Cloud EPM content, including forms, reports, and other artifacts, can be integrated into Oracle Cloud ERP and other Oracle and non-Oracle applications. This provides comprehensive capabilities to users to get at the content they need, when they need it, where they need it.
Source: Oracle.
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Item Orchestrate critical processes
With built-in process and task management, users understand exactly what they need to do and when it needs to be done.
Comprehensive task types
Tasks can be manual or automated, and can be executed based on when precedent tasks complete or on a schedule.
Certifications
Critical EPM tasks, such as providing content for a financial disclosure, require certification. Oracle Cloud EPM's task management supports certifications that need to be completed before the task can be marked complete.
Report binders
Auditors often review the tasks to complete a financial close process. Creating a report binder from Cloud EPM task management allows you to easily deliver this for review by your auditors.
Source: Oracle
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Item Empower finance to become data driven with IPM
IPM applies data science and machine learning to enable finance professionals to be more data driven, impacting key areas of the business, and take advantage of potential missed opportunities.
Speed up data analysis to take faster action with Insights
Use embedded AI and machine learning (ML) to continually monitor your plans, forecasts, and variances, so you’ll be alerted about any anomalies, biases—as well as hidden correlations. Relevant insights now come straight to you, empowering you to take the right action in time.
Improve decisions with predictive planning
Identify and leverage patterns in your financial and operational data to improve accuracy and be better prepared. Run predictions on the latest actuals and factor those into your plans for more timely, objective decisions.
Solution brief: Insights Oracle Cloud EPM
Overview of Oracle EPM insights
Source: Oracle
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Item Item Intuitive and engaging interface
Access all your EPM business processes via a single, intuitive homepage that enables users to complete all their necessary tasks—quickly and efficiently.
Personalised flows for users/groups
Cloud EPM delivers personalized navigation flows to users and groups that guide users through the activities needed to complete a given business process. For example, a user can complete all the tasks required for the complete financial close, including financial consolidation, account reconciliation, tax reporting, and narrative reporting.
Oracle Digital Assistant for EPM
With a digital assistant, you can increase the speed and accuracy of your account reconciliation process. Instantly view, comment, and check balances and tasks, such as “recons due today. Manage journals and close tasks for any period, query for strategic KPIs, and more. Access the digital assistant from the web interface as well as third-party collaboration applications.
Digital Assistant product details
Source: Oracle
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Flexible configurations
The latest technological capabilities are automatically deployed to your environment. You can initialize business processes as needed and opt in with a single click.
Security and access controls
Security is critical. Oracle Cloud EPM has a robust security framework that ensures users are secured in what they can do, while preventing access to areas they are not granted permission to.
Application monitoring and management
Complete application monitoring and management of your Cloud EPM deployment allows your IT administrators to maintain agile, streamlined business processes across your operations.
Jobs/scheduler
Built-in job management and scheduling capabilities enhances the functionality provided by task management. Schedule critical jobs and track their status via Oracle Cloud EPM.
Source: Oracle