Seven Reasons to
Take Your EPM to the Cloud
Enterprise performance management (EPM) is heading to the cloud.
Discover the seven reasons for this, established during a survey of over 400 Oracle and non-Oracle customers. 74 percent of respondents have one or more cloud-based EPM processes, or will have within 12 to 24 months.
1. Say “so long” to spreadsheets.
Resigned yourself to the fact that you’ll be stuck with
spreadsheets for the rest of your days? Good news:
EPM Cloud can reduce your usage of spreadsheets
by more than 50%.
Plus points
- Streamline processes
- Reduce manual tasks and eliminate errors
- Empower teams to spend more time on analysis and less
time on data input
Did you know?
2. Cut IT infrastructure costs.
Want new features without having to wait for the next upgrade? You’re in luck. Cloud-based EPM makes it
easy and affordable to take advantage of the very latest software versions.
Plus points
- Avoid infrastructure investment
- Escape the pain of on-premises upgrades
- Cut complexity when moving away from legacy software
Did you know?
3. Stay current and satisfy.
Does the on-premises EPM system you have right now feel truly satisfying to use? If so, you can stop reading here. But we’d be surprised if you did. The cloud provides a better way that can add more value to your business.
Plus points
- Improve business flexibility
- Stay current on technology
- Improve the service your users receive
Did you know?
4. Create a crowd.
How many of your employees are involved in the EPM process? Achieve improved results by expanding your system’s reach in the cloud—you’ll be surprised how much your peers can contribute.
Plus points
- Make more-meaningful decisions by getting more people involved in the EPM process
- Provide more users with better access to your data—from anywhere, at any time, on any device
- Empower your workforce with tools everyone
can leverage
Did you know?
5. Connect your cloud.
How many different IT solutions do you run throughout your business? And how many vendors do you therefore have to manage? Make your life easier (and less expensive) by consolidating—in the cloud.
Plus points
- Deploy connected, integrated SaaS solutions
- Gather insight from across your entire business
- Enjoy the simplicity of working with one vendor
Did you know?
6. Report. Resolve. Comply with regulations.
Where do your biggest reporting issues lie? Our study shows that finance organizations using cloud technologies, and who partner with other lines of business, can collaborate effectively on operational reporting.
Plus points
- Provide accurate, timely, concise reports for all your stakeholders
- Consolidate faster
- Guarantee compliance more easily
Did you know?
7. Don’t just imitate: Innovate!
Do your processes have gaps, or are they simply becoming too tedious? Don’t just fix them; become future-proof and lead your business to transformation. Oracle EPM Cloud enables quick wins and innovation.
Plus points
- Unlock quick wins without turning your organization upside down
- Gain confidence in the cloud
- Innovate and adopt modern best practices