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February 2014

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Oracle Planning and Budgeting Cloud Service—World-Class Planning with the Simplicity of the Cloud

As cloud adoption picks up steam within the finance office, Oracle is rolling out Oracle Planning and Budgeting Cloud Service, the first Oracle enterprise performance management solution in the cloud. In fact, leading analyst IDC predicts that cloud services spending will grow to US$100 billion in 2016. (Source: IDC, Worldwide and Regional Public IT Cloud Services 2012–2016 Forecast (IDC #236552, August 2012)).

From Spreadsheets to Enterprise-Grade Solution
Based on Oracle Hyperion Planning, and optimized for the cloud, Oracle Planning and Budgeting Cloud Service enables organizations of all sizes to quickly adopt a world-class planning and budgeting solution with no capital expenditure infrastructure investments, and virtually no learning curve.

As a cloud-based offering, it dramatically lowers barriers to adoption and brings leading planning and forecasting functionality within reach for businesses of any size—and with unprecedented speed.

"Now, organizations struggling with spreadsheets or legacy planning and budgeting applications can deploy a world-class solution—even with limited IT resources and capital budgets," explains Jennifer Toomey, senior marketing director for the Oracle Business Analytics product group.

Features include

  • Intuitive, role-based web and MS Office interfaces
  • Virtually zero training with built-in starter kits and online help/tutorials
  • Flexible workflow and plan management capabilities
  • Built-in management reporting capabilities
  • Support for rolling forecasts and best practices
  • The same Oracle security and reliability of all Oracle Cloud deployments
  • Application diagnostics to simplify administration
Feedback Is Positive
Preview customers and partners are already expressing enthusiasm for Oracle Planning and Budgeting Cloud Service.

"We expect this solution to enable customers to get up and running quickly and streamline their planning, budgeting, and forecasting processes, all with lower up-front costs and investment risk than a traditional on-premises solution," says Neil Sellers, director, Qubix, an Oracle Platinum Partner.

"Oracle Planning and Budgeting Cloud Service will provide tremendous value to our customers by removing obstacles such as the IT hardware and software requirements associated with implementing a world-class planning and budgeting application. The Oracle solution is extremely flexible, scalable, and feature-rich, with functionality on par with the Oracle Hyperion Planning on-premises offering," says Chris Boulanger, vice president, EPM Practice, Cervello, an Oracle Platinum Partner.

Watch a CFO.com webcast, "How Finance Leaders Can Use the Cloud to Lift Forecasting Speed and Accuracy."

Read the white paper "Accelerating EPM Deployment in the Cloud."

Learn more about Oracle Planning and Budgeting Cloud Service.
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