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Oracle Fusion Cloud EPM update

We deliver innovations to Oracle Fusion Cloud EPM on a regular cadence.

Video highlights from Oracle Live

Why Innovation Is Vital

Oracle SVP Applications Development Rondy Ng and SVP Business Analytics Product Development Matt Bradley discuss digital finance transformation through SaaS technology and reveal how companies are rapidly expanding, optimizing systems and innovating by leveraging Oracle's quarterly updates at the right time.
Watch the replay (20:01)

What’s new in Oracle Cloud EPM

Streamline your journals process

Oracle Cloud EPM’s new enterprise journals capability streamlines the creation, management, and posting of journal entries from your EPM activities to your ERP system. With it, you can:

  • Easily post journals from EPM activities—including account reconciliation adjustments, consolidations, tax-related journals, allocations, and more—directly or automatically from Oracle Cloud EPM to any cloud or on-premises ERP system.
  • Know precisely where your journals process stands—track, manage, and post journals from a central location.
  • Increase the speed and accuracy of your financial close, reporting, and forecasting by using prebuilt templates and workflows designed for the journals entry process.

Speed up data analysis to take faster action

Oracle Cloud EPM insights uses data science to automate data analysis enabling finance professionals to spend less time analyzing data, giving them more time to act on valuable insights and opportunities. With it, you can:

  • Find and address hard-to-spot patterns and exceptions quickly as EPM insights identifies and highlights biases, anomalies and correlations in your data.
  • Analyze large amounts of operational and financial data in far less time so that you can focus on taking action.
  • Collate all “hot spots” in your business in one central dashboard to make sure that proper review can take place and key patterns never get overlooked and can be monitored over time.
  • Easily configure insights and tune the insights engine to determine materiality and importance with a wizard-driven user interface without relying on data scientists.

Accomplish previously impossible reporting or planning use cases

Oracle Cloud EPM’s freeform apps offers unparalleled design flexibility with corporate oversight, to help you to create applications to meet diverse financial, operational or corporate reporting or planning use cases across industries. With it, you can:

  • Create standalone reporting or standalone planning applications, or applications that combine the best of both—planning and reporting cubes—to meet diverse and complex industry use cases.
  • Report or plan using up to 12 flexible cubes and 29 flexible dimensions, without any dimension prerequisites, to create a custom solution that fits your needs.
  • Leverage and import existing on-premises Essbase cubes into Oracle Cloud EPM, or build a customized reporting or planning application from scratch using Excel templates.

Supercharge your work with a new assistant

Oracle Cloud EPM features an AI-guided embedded digital assistant that helps you work better and faster. With a conversational UI that understands the way you naturally speak and text, it’s easy to get instant responses, recommendations, and updates of critical tasks. With it, you can:

  • Access our digital assistant from your desk or on the go, using our web interface or third-party collaboration applications.
  • Know where your numbers stand—check balances, manage journals, monitor items such as “recons due today,” and verify close status for any period.
  • Optimize and expedite your financial close process with strategic KPIs.
  • Perform your daily tax reporting tasks with ease.

Leverage next-generation reporting

Oracle Cloud EPM provides a revolutionary reporting experience—from report development to design, distribution, and viewer experience. With it, you can:

  • Create and distribute reports using our intuitive, robust reporting framework.
  • Enhance your reporting with new charting and visualization tools, advanced grid controls, and conditional text generation.

Get started

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