Compare Oracle EPM to SAP
Oracle Fusion Cloud Enterprise Performance Management (EPM) delivers the most complete Cloud EPM suite. Unlike SAP’s incomplete EPM offerings which are comprised of multiple products and partner tools, Oracle Cloud EPM delivers complete, purpose-built capabilities for connected enterprise planning across finance, operations, and lines of business, including HR, supply chain, IT, and sales. Oracle Cloud EPM also streamlines the financial close and reporting process, including financial consolidation, account reconciliation, tax reporting, and manages your financial master data while seamlessly integrating with your core ERP.
Oracle Fusion Cloud EPM versus SAP
Oracle Cloud EPM delivers the most complete, integrated, and unified software-as-a-service (SaaS) EPM suite, as demonstrated by thousands of customers around the world. Oracle Cloud EPM also allows for seamless integration with SAP ERP.
Unlike SAP’s fragmented products approach, Oracle’s one common and complete cloud EPM platform offers a full breadth of best practice processes that are connected across finance and lines of business for fully integrated enterprise planning—from strategic modeling, zero-based budgeting to financial and operational planning. The depth of Oracle Cloud EPM’s capability includes advanced technology, such as predictive planning and pattern recognition for automated data analysis.
Oracle Cloud EPM customers see results with connected planning
71%
Increased adoption of scenario modeling
56%
Reduced number of days to plan per cycle
Reasons to choose Oracle Cloud EPM over SAP
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01Breadth and depth
Oracle Cloud EPM addresses virtually all your EPM requirements so that you can spend time strategizing and not integrating SAP legacy and partner tools. The breadth of Oracle Cloud EPM is complemented by the depth of functionality, with built-in best practices and predictive intelligence across all processes.
The only complete Cloud EPM suite (PDF) -
02Flexible deployment
Implement any EPM process that fits your strategy and priorities with our innovative, modular framework of purpose-built planning applications—not potentially multiple SAP and third-party tools requiring additional coding and complex integration and administration. Realize faster, cost-effective application availability and greater business benefits sooner with a single EPM platform.
Why choose Oracle Fusion Cloud EPM over the competition? -
03Next generation Cloud EPM Suite
Oracle Cloud EPM incorporates innovative technologies, such as artificial intelligence, machine learning, predictive analytics, and enterprise collaboration to enable finance teams and other lines of business to integrate real-time data into planning, eliminating delays in decision-making.
Explore Oracle Cloud Enterprise Connected Planning
See why companies choose Oracle Cloud EPM over the competition
In their recent report, “Retire legacy FCC solutions with Oracle Fusion Cloud EPM (PDF),” Nucleus Research stated:
We found that organizations that have selected Oracle Fusion Cloud ERP as their central ERP system could supplement their Oracle contract by including Oracle Cloud EPM. In doing so, these customers gained additional FCC and FP&A functionality at a lower total cost of ownership. Customers also accelerated their audit cycles by up to 20 percent by unifying their finance and accounting processes under Oracle. Leveraging Oracle Cloud EPM, interviewed companies were able to reduce operational costs while improving financial visibility and accounting productivity from the native integration between Oracle Cloud ERP and Oracle Cloud EPM.
Our cloud EPM customers are succeeding across industries. Discover their stories.
Kraft Heinz increased revenue, reduced costs, and identified new innovation opportunities
Kraft Heinz embraces a zero-based budgeting strategy, and the team chose that process as a first step in applying Oracle Cloud EPM capabilities, explains Frank Tagoe, Kraft Heinz senior manager of IT finance. “We started with Cloud EPM Planning in North America with zero based budgeting and expanded the planning footprint to link our global operations,” he says. “We wanted to better incorporate financial reports and forecasts, do strategic planning, and implement proper processes.”
Read why Kraft Heinz chose Oracle Cloud EPM to master big market shifts
Analysts consistently rate Oracle a cloud EPM leader
Business conditions are changing faster than many companies can keep up with. When it comes to planning and forecasting, having limited capabilities can mean users spend more time setting up workflows and forms instead of doing the quick-response, data-driven planning that supports your business strategy. You need a leader in cloud EPM to help you modernize mission-critical functions and have your back when you need it the most.
Take the first step to migrate to Oracle Cloud EPM
Customers are choosing Oracle for our complete and purpose-built cloud EPM platform instead of struggling with the complex implementation, administration, and added costs related to other vendors incomplete and fragmented tools and technologies. Oracle Cloud EPM addresses all your EPM use case requirements in a single, unified, and complete cloud EPM platform developed and supported by Oracle.
Why settle for an incomplete SAP portfolio that also relies on additional tools from different vendors to fill EPM application gaps in order to get all the functionality you need? Or waiting for a costly, time-consuming, integration, and customized development effort? Take the next step and contact us to explore the vast benefits thousands of Oracle Cloud EPM customers are experiencing today with the leading complete cloud EPM suite of applications.
Evaluating other performance management vendors?
See a side-by-side-comparison of why Oracle Cloud EPM leads where it matters.
Articles:
Forbes: Oracle Updates Fusion Cloud ERP And EPM, Racking Up New Customers In The Process
MarketScape: Worldwide Enterprise Planning, Budgeting, and Forecasting Applications 2022 Vendor Assessment
Gartner, Magic Quadrant for Financial Planning Software, 14 December 2022, Regina Crowder, et. Al. GARTNER is a registered trademarks and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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