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Businesses around the world look to their finance teams to provide guidance about where to invest and grow–especially in times of uncertainty. Only Oracle provides a full suite of cloud-based Enterprise Performance Management applications to help you analyze, understand, and report on your financial position.
Oracle Cloud EPM connects financial and operational planning, streamlines the financial close and reporting process, and manages your financial master data while seamlessly integrating with your core ERP. The breadth of Oracle EPM is complemented by depth of functionality, with built-in best practices and predictive intelligence across all processes.
Oracle Cloud EPM gives you the flexibility to deploy and configure each EPM process independently, rather than forcing a big bang approach with implementing everything the same way at the same time. It is modular and allows for flexible deployment based on your timeline, your needs, and your priorities.
Oracle Cloud EPM processes refresh regularly on the same schedule, and you don’t need to manage updates and integrations across multiple cloud or hosted EPM vendors. You can define a common security model across the suite that simplifies and reduces the risk of security vulnerabilities.
For the fourth consecutive year, Oracle has been recognized as a Leader and positioned highest for Ability to Execute for Oracle Fusion Cloud EPM.*
We believe this recognition of our innovative Cloud EPM suite validates our laser-like focus on our customer success, product innovation, and investment. We’re committed to helping our thousands of Cloud EPM customers continue to drive operational excellence.
Learn why you should choose Oracle Cloud EPM as the cloud EPM partner to drive resilience and growth in challenging times.
Why? Unlike other software providers, our EPM solution has been purpose-built with best-in-class cloud innovation from the ground up. Oracle Cloud EPM is fully connected, with AI-embedded capabilities, and built for flexibility with business users in mind; you can start using it right now to realize business benefits across your enterprise.
Why wait for uncertain promises of future innovation when you can get regular innovation updates in Oracle Cloud EPM. You shouldn’t have to settle for different multi-vendor products or an EPM tool that requires costly custom development and long deployments because it has thin functionality. In contrast, Oracle Cloud EPM is complete and fully developed by Oracle to support virtually any EPM requirement.
Oracle was named a Customers' Choice Vendor in the 2021 Gartner Peer Insights "Voice of Customer": Cloud Financial Planning and Analysis Solutions**. Read further in this blog.
Connecting financial, operational, and line-of-business planning improves decision-making and gives organizations the agility to outperform the competition. By providing a unified view of financial, operational, and line of business planning, Oracle Cloud EPM improves planning accuracy and makes your company more agile. Advanced technologies, such as AI, machine learning, and predictive analytics, enable finance teams to integrate real-time data into planning, eliminating delays in decision-making.
In a recent TrustRadius report (PDF), customers who reviewed Oracle Cloud EPM gave it high marks for reporting capabilities, ease of use, support for financial processes, flexible deployments, and unified data management. One customer wrote, "Oracle Cloud EPM is a one-stop shop where users can utilize multiple functionalities to run their business [and it] is invaluable. We have an integrated tool that helps us take data from our planning tool to our consolidations tool to ensure that we are all speaking the same truth.”
Our Cloud EPM customers are succeeding across industries. Discover why they picked Oracle over the competition.
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.”
* Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Robert Anderson, John Van Decker, Greg Leiter, October 6, 2020. "Leaders provide mature offerings that meet market demand, and they have demonstrated the vision necessary to sustain their market position as requirements evolve. Leaders have also demonstrated successful execution by having revenue commensurate with other high-performing vendors in this Magic Quadrant, as well as by having large numbers of customers. The hallmark of Leaders is that they focus on and invest in their offerings to the point that they lead the market and can affect its direction. As a result, Leaders can be vendors to watch as you try to understand how new market offerings might evolve. Leaders typically possess a large, satisfied customer base (relative to the size of the market) and enjoy high visibility within the market. Their size and financial strength enable them to remain viable in a challenging economy."
Leaders typically respond to a wide market audience by supporting broad market requirements. However, they may fail to meet the specific needs of vertical markets or other, more specialized segments.
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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**The Gartner Peer Insights Customers' Choice badge is a trademark and service mark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner Peer Insights Customers' Choice constitute the subjective opinions of individual end user reviews, ratings and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.