May 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:

Overview

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Enterprise Performance Management

EPM Common

OCI Migration: Oracle-Managed Migration Continues; Customer-Managed Migration Not Available Any Longer

One of Oracle's latest advancements, Oracle Cloud Infrastructure (OCI), is the foundation of Oracle's second generation cloud. OCI, a purpose-built, best-in-class platform for running enterprise applications, is engineered from the ground up to run mission-critical databases, workloads, and applications while providing end-to-end security. Oracle's data centers around the globe are standardizing on the new OCI architecture which will deliver even greater performance and reliability. There are a lot of EPM Cloud features that are available only in OCI. See Features Available only in OCI EPM Cloud Environments in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Oracle plans to migrate all Classic Commercial environments to OCI by the end of 2023 using monthly migration waves. Oracle has started sending notifications for Oracle-managed migrations. When your environments are scheduled for migration, you will get notification specifying the migration schedule. Follow the instructions in the notification.

For customers whose environments were included in Wave 2 (February 2023 Migration Notification): The migration of application data and users from Classic to OCI environments and the DNS configuration change to route the existing Classic service URLs to OCI environments will occur in the 23.05 (May) monthly update. If you prefer not to have the migration take place in the 23.05  monthly update, please run the skipUpdate EPM Automate command to skip the 23.05 update.

• If your environments are included in Wave 3 (March 2023 Migration Notification), you must already have received your OCI instances. You should go through the optional migration steps, which include setting up SSO and IP Allowlist, and testing based on your requirements. See these information sources:
  • Oracle-Managed Migration in Oracle Enterprise Performance Management Cloud Operations Guide
  • Tasks to Perform After Cloning Environments in Administering Migration for Oracle Enterprise Performance Management Cloud

• If your environments are included in Wave 4 (April 2023 Migration Notification), you will receive your OCI instances in the beginning of May 2023.

• If your environments are included in Wave 5,  you will be notified in the beginning of May 2023.

For Migration waves schedule information, see EPM Cloud Classic to OCI Migration Schedule in Oracle Enterprise Performance Management Cloud Operations Guide.

Oracle is no longer accepting any service request for customer-managed migration. If only some of your environments were migrated using Customer-Managed Migration, the remaining environments will be migrated using Oracle-Managed Migration.

NOTE: At this time, the environments hosted in US-Gov and UK-Gov data centers are not eligible for migration to OCI.

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

New Look and Feel for Help Center Books and Tutorials

A new template for books and tutorials will be provided soon. The new template incorporates feedback from customers, follows industry standards, and adds new features.

Groovy Feature to Export Data with Alias Names

You can now use the Groovy DataExporter to export data with alias names by specifying the alias table name.  To enable this, you must first add an entry to the Alias table for each member and run a cube refresh. If the alias is not provided, or you do not run do a metadata refresh, the member name is included in the data export file. To use Groovy business rules, follow the steps to create a Groovy business rule in "Creating a Groovy Business Rule" in Designing with Calculation Manager for Oracle Enterprise Performance Management Cloud.

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

Integration with Custom SIEM Tools

The Getting Started Guide for Administrators now provides details on how you can satisfy the requirement of integration with SIEM (Security Information and Event Management) tool of your choice using Access Logs. Integration with SIEM tool provides you access to your EPM Cloud environments in the SIEM analysis and filtering capabilities.

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

Activity Report Now Includes Daily Maintenance Duration

The Activity Report now includes information about the duration of Daily Maintenance in your environment. This will help customers to schedule their jobs outside of the Daily Maintenance window.

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

Performing Calculations Without Having to Submit Your Changes (Calc on the Fly)

During ad hoc analysis you can now perform calc on the fly in your Financial Consolidation and Close and Tax Reporting business processes without having to submit changes to the database.

Applies to: Financial Consolidation and Close, Tax Reporting

New "Save As" Option for Forms While Editing in the Simplified Interface

A new "Save As" option in the simplified interface enables you to save a form with a new name while you are editing the form in the Form Designer.

Applies to:  Financial Consolidation and Close, FreeForm, Planning, Planning Modules, Tax Reporting

New Integration Type and Task Type in Task Manager

Task Manager is enhanced with a new end user integration called Reports that allows you to create tasks with embedded reports within Financial Consolidation and Close, Tax Reporting, and Planning.

Data Management Feature Replacement by Data Integration

As feature parity between Data Integration and Data Management becomes complete, Data Management features will gradually be turned off in future updates, and users will use the new Data Integration user interface instead.

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

Account Reconciliation

New Search Options and Filters in the Transaction Matching Jobs List

In Transaction Matching, you can now search the Jobs list using the account ID, data source ID, and match type ID.

New Governor Limits for Transaction Matching Objects

Various artifacts in Transaction Matching now have governor limits.

Enterprise Data Management

There are no new features in this update except for the applicable features listed in the EPM Common section.

Financial Consolidation and Close

Calculation Process for Movement Dimension Members

You now have the option to include Movement dimension members that are created outside of the FCCS_Movements hierarchy in the translation and consolidation process.

Enhancements to Application Recommendations

The Recommendations page now includes a System Rescan feature, which creates a job that runs in the background to update the database with the latest recommendations.

Change in Solve Order for Ratio Accounts in DSO Applications

In applications that use the Dense/Sparse Optimization (DSO) option, the Solve Order of some Account members has changed. The Solve Order values for Ratio Account members should now be set to 58.

Performance Substitution Variables

The OptimizeConcurrency, OptimizePelimCalculation, EnableYearlyConsol, ParallelCustomDimDSO, and ParallelCustomDimTranslation substitution variables can be enabled to improve performance.

FreeForm

There are no new features in this update except for the applicable features listed in the EPM Common section.

Narrative Reporting

There are no new features in this update except for the applicable features listed in the EPM Common section.

A New Persistent Message in the Report Package

After executing a data source refresh at the Report Package level, a new persistent message is shown on any linked Report Reference doclet, when a report object that was designated as available content is not found. This can occur when the report object has been deleted or renamed within the linked report.

The persistent message appears as a warning icon applied to the Report Reference doclet icon within the Report Center. Clicking on the warning icon displays the message to the user. Inspecting the doclet will show which Available Content has been impacted. The warning icon is removed once the impacted available content has been remapped or removed.

Business Benefit: This feature provides an easy way to troubleshoot processing errors in the report package.

Updated Narrative Reporting Extension for Smart View

An updated Narrative Reporting extension for Oracle Smart View for Office is now available to download and install. This updated includes general improvements and defect fixes.

Planning

Enabling Task Manager within Existing Planning Applications

If you are currently using task lists in Planning or if you selected the Task List task flow type during Planning application creation, you can enable Task Manager within the Planning application.

Enhancements for Change Job Feature in Workforce

There are several enhancements in the Change Job feature in Workforce.

Workforce Transfer Headcount Rule Now Calculates Compensation Automatically

in a Job Only model, compensation data is now automatically calculated for the source job when you run the Transfer Headcount rule. You are no longer required to run the Calculate Job Compensation rule.

New Custom Template in Workforce for Easier Customization and Updates

Workforce now provides a custom template, OWP_Custom Template, with two blank script blocks for each supported rule, which allows you to customize the supported rules. For example, use the script blocks to include custom employee properties when you transfer an employee or change an employee's job.

Effective Date Option Added to Change Requisition in Workforce

When you change a hiring requisition Hiring Status to Closed, you can now specify an Effective Date for the change. The End Date is updated based on the Effective Date.

Profitability and Cost Management

There are no new features in this update except for the applicable features listed in the EPM Common section.

Enterprise Profitability and Cost Management

Ability to Find and Replace Members That No Longer Exist in a Dimension

The Mass Edit tab now allows you to find and replace members used in rules that are not present in a dimension. Once you find a member not used in a dimension, you can then replace that member reference with another member selected from the dimension hierarchy.

New Default Form for Rule Balancing

A default form for Rule Balancing is now available to use when generating a Rule Balancing report.

Tax Reporting

Support for Configurable Dimensionality and Optimizing the Application Model for Hybrid Aggregation

In Tax Reporting, when you create an application, you can configure up to two custom dimensions. Also, the application model is now optimized for Hybrid aggregation. You can convert an existing application to a Hybrid-optimized application model.

Enhanced Actual Regional Deduction

Tax Reporting is now enhanced to allow users to deduct actual taxes paid in P13 to derive a Return to Accrual (RTA) adjustment.