Cloud Readiness / Oracle Fusion Cloud Enterprise Data Management
What's New
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  1. January 2023 Update
  1. Revision History
  2. Overview
  3. Feature Summary
  4. Enterprise Data Management
    1. Enterprise Data Management
        1. Monthly Update Schedule
        2. Documentation Updates Available One Week After Readiness Documents
        3. Fixed Issues and Considerations
        4. Give Us Documentation Feedback
        5. Please Join Oracle Cloud Customer Connect
        6. Follow Us on Social Media
    2. EPM Common
        1. Announcing: New Guide to Create and Run an EPM Center of Excellence (CoE)
        2. Maximum Session Duration in OCI (Gen 2) EPM Cloud
        3. Updates to Root Cause Analysis Process For Resolved Issues
        4. Oracle-Managed OCI Migration Enhanced to Allow Additional Testing on Loaner Environments

January 2023 Update

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Date Module Feature Notes
22 DEC 2022     Created initial document.

Overview

HAVE AN IDEA?

We’re here and we’re listening. If you have a suggestion on how to make our cloud services even better then go ahead and tell us. There are several ways to submit your ideas, for example, through the Ideas Lab on Oracle Customer Connect. Wherever you see this icon after the feature name it means we delivered one of your ideas.

GIVE US FEEDBACK

We welcome your comments and suggestions to improve the content. Please send us your feedback at oracle_fusion_applications_help_ww_grp@oracle.com.

DISCLAIMER

The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.

This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims any liability with respect to this information. Refer to the Legal Notices and Terms of Use for further information.

Feature Summary

Column Definitions:

Report = New or modified, Oracle-delivered, ready to run reports.

UI or Process-Based: Small Scale = These UI or process-based features are typically comprised of minor field, validation, or program changes. Therefore, the potential impact to users is minimal.

UI or Process-Based: Larger Scale* = These UI or process-based features have more complex designs. Therefore, the potential impact to users is higher.

Features Delivered Disabled = Action is needed BEFORE these features can be used by END USERS. These features are delivered disabled and you choose if and when to enable them. For example, a) new or expanded BI subject areas need to first be incorporated into reports, b) Integration is required to utilize new web services, or c) features must be assigned to user roles before they can be accessed.

Ready for Use by End Users
(Feature Delivered Enabled)

Reports plus Small Scale UI or Process-Based new features will have minimal user impact after an update. Therefore, customer acceptance testing should focus on the Larger Scale UI or Process-Based* new features.

Customer Must Take Action before Use by End Users
(Feature Delivered Disabled)

Not disruptive as action is required to make these features ready to use. As you selectively choose to leverage, you set your test and roll out timing.

Feature

Report

UI or
Process-Based:
Small Scale

UI or
Process-Based:
Larger Scale*

Enterprise Data Management

EPM Common

Maximum Session Duration in OCI (Gen 2) EPM Cloud

Updates to Root Cause Analysis Process For Resolved Issues

Oracle-Managed OCI Migration Enhanced to Allow Additional Testing on Loaner Environments

Enterprise Data Management

Enterprise Data Management

Monthly Update Schedule

Test Environments: Oracle will apply this monthly update during the first daily maintenance that occurs at or after 22:00 UTC on Friday, January 6, 2023.

Production Environments: Oracle will apply this monthly update during the first daily maintenance that occurs at or after 22:00 UTC on Friday, January 20, 2023.

NOTE: The monthly update will not be applied to any environment for which this monthly update is requested to be skipped using the EPM Automate skipUpdate command or service request to Oracle.

NOTE: Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle strongly recommends that you download the maintenance snapshot every day to a local server.

The Oracle Help Center provides access to updated documentation. The updates will be available in the Help Center on Friday, January 6, 2023.

NOTE: Some of the links to new feature documentation included in this readiness document will not work until after the Oracle Help Center update is complete.

Documentation Updates Available One Week After Readiness Documents

Updated documentation is published on the Oracle Help Center on the first Friday of each month, coinciding with the monthly updates to Test environments. Because there is a one week lag between the publishing of the readiness documents (What's New and New Feature Summary) and Oracle Help Center updates, some links included in the readiness documents will not work until the Oracle Help Center update is complete.

https://docs.oracle.com/en/cloud/saas/epm-cloud/index.html

Fixed Issues and Considerations

Software issues addressed each month and considerations are posted to a knowledge article on My Oracle Support. Click here to review. You must have a My Oracle Support login to access the article.

NOTE: Fixed issues for EPM Cloud Common components (Smart View for Office, EPM Automate, REST API, Migration, Access Control, Data Management/Data Integration, Reports, Financial Reporting, and Calculation Manager) are available in a separate document on the My Oracle Support “Release Highlights” page.

This provides visibility into EPM Cloud release contents.

Give Us Documentation Feedback

We welcome your comments and suggestions to improve the content of the What's New document and the product documentation.

Please send us your feedback at EPMdoc_ww@oracle.com. In the body or title of the email, state that you are inquiring or providing feedback, and indicate for which EPM Cloud service and the monthly update cycle.

Please Join Oracle Cloud Customer Connect

Please take a moment to join the Cloud Customer Connect forums for EPM Cloud services. Oracle Cloud Customer Connect is a community gathering place for members to interact and collaborate on common goals and objectives. This is where you will find the latest release information, upcoming events, or answers to use-case questions. Joining takes just a few minutes. Join now!

https://cloud.oracle.com/community

NOTE: The Settings and Actions menu now contains a link to Cloud Customer Connect. To access this link, from the Home page, click the down arrow next to the user name (in the upper right-hand corner of the screen), and select Cloud Customer Connect.

Follow Us on Social Media

Follow EPM Cloud on YouTubeTwitterFacebook, and LinkedIn.

These are great resources for the latest updates and information about EPM Cloud.

EPM Common

Announcing: New Guide to Create and Run an EPM Center of Excellence (CoE)

A new guide is available to help you create and run an EPM Center of Excellence (CoE). The guide describes best practices for creating and running an EPM CoE. It provides a checklist and a structured approach to help your organization successfully adopt Cloud EPM by leveraging a CoE. You can also access  overview videos and a Cloud Customer Connect session on EPM CoEs.

An EPM Center of Excellence (CoE) is a unified effort to ensure adoption and best practices, and to drive transformation in business processes related to performance management and the use of technology-enabled solutions. The EPM CoE team:

  • Ensures cloud adoption, helping your organization get the most out of your Cloud EPM investment
  • Serves as a steering committee for best practices
  • Leads EPM-related change management initiatives and drives transformation

EPM Center of Excellence (CoE)

Applies to: Account Reconciliation, Enterprise Data Management, Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Narrative Reporting, Planning, Planning Modules, Profitability and Cost Management, Tax Reporting

Business Benefit: Using a CoE oversees your cloud initiative, and it can help protect and maintain your investment and promote effective use. Learn about the business benefits of an EPM CoE.

Tips And Considerations

Key Resources

Maximum Session Duration in OCI (Gen 2) EPM Cloud

In OCI (Gen 2) EPM Cloud environments, you can set the maximum session duration in Oracle identity Console to log out users, even if they are actively using the environment.

Applies to: Account Reconciliation, Enterprise Data Management, Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Narrative Reporting, Planning, Planning Modules, Profitability and Cost Management, Tax Reporting

NOTE: The maximum session duration is not the same as the idle session timeout. Even if the session is active, EPM Cloud will log the users out after the maximum session duration is reached.

Set Maximum Session Duration in Oracle Identity Console

Business Benefit:

This EPM Cloud feature enhances security by forcing users to re-login periodically based on your security requirements.

Steps to Enable

An Identity Domain Administrator should use the Session Settings screen of Identity Cloud Services to configure this setting. For instructions, see Maximum Session Duration in OCI (Gen 2) Environments in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Key Resources

Updates to Root Cause Analysis Process For Resolved Issues

Oracle proactively publishes Event Summary and Root Cause Analysis (RCA) notifications and official documents for resolved issues. These notifications contain information related to a specific service outage or performance degradation.

Applies to: Account Reconciliation, Enterprise Data Management, Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Narrative Reporting, Planning, Planning Modules, Profitability and Cost Management, Tax Reporting

Event Summaries

Oracle makes available an Event Summary if an environment (production or test) experienced an outage or performance degradation for more than 15 minutes. The Event Summary, which provides a synopsis of a service outage or performance degradation, is created and distributed soon after the event is closed and the service is restored. You access the Event Summary from My Services. Event Summary includes the following information:

  • Brief description of the event
  • Type of event (outage, performance degradation, or other)
  • Event timeline, including impact start and service restoration time
  • Affected services, applications and systems

Root Cause Analysis

An RCA is made available if a production or test environment experienced an outage or performance degradation for more than 60 minutes. It is developed in the days following the event, after Oracle has completed a thorough technical investigation. The RCA describes what caused the issue and the corrective actions that Oracle identified to reduce the likelihood of recurrence. You access it from My Services. RCA includes the following information:

  • Detailed description of the event
  • Type of event (outage, performance degradation, or other)
  • Event timeline, including impact start and service restoration time
  • Services impacted
  • Affected applications and systems
  • Root cause analysis
  • Corrective and preventative actions

Business Benefit: Event Summaries and RCAs helps you understand what caused an outage or performance degradation and how Oracle resolved the issue.

Key Resources

Oracle-Managed OCI Migration Enhanced to Allow Additional Testing on Loaner Environments

Based on customer feedback, Oracle has enhanced the Oracle-Managed OCI Migration process to include optional additional test duration. Specifically, you  can request OCI loaner environments now before Oracle sends you the official notification regarding the migration of environments. You can keep the loaner environments for up to three months and test your applications by cloning your current environments.

Applies to: Account Reconciliation, Enterprise Data Management, Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Narrative Reporting, Planning, Planning Modules, Profitability and Cost Management, Tax Reporting

Business Benefit: Using loaner environments to perform test migrations to OCI helps you assess the performance of applications migrated to OCI.

Key Resources

  • Working with EPM Automate for Oracle Enterprise Performance Management Cloud