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Customer Satisfaction
5.9/10
5.9
User Experience
4.2/10
4.2
Functionality
5.3/10
5.3
Business Value
4.6/10
4.6

Oracle Cloud EPM

What is Oracle Cloud EPM?

Comprehensive performance management portfolio including a full suite of products and configurable applications covering all relevant EPM processes (e.g., planning, budgeting and forecasting, profitability and cost management, financial consolidation and close, account reconciliation, financial and management reporting, tax provision and reporting, transfer pricing, ESG/sustainability reporting, analytics and enterprise data management).

BI, Analytics & CPM
●● Reporting / Dashboards
● Analysis
– Advanced Analytics
●● Planning
●● Financial Consolidation

= Function covered, ●● = Functional focus

= Function covered
●●
= Functional focus

ESG
●● Reporting / Dashboards
● Analysis
●● Disclosure Management
●● ESG & KPI Management
● Data Management

= Function covered, ●● = Functional focus

= Function covered
●●
= Functional focus

About Oracle Cloud EPM

Self-description of the vendor

No vendor self-description available
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Oracle Cloud EPM User Reviews & Experiences

The information contained in this section is based on user feedback and actual experience with Oracle Cloud EPM.

The information and figures are largely drawn from BARC’s The BI & Analytics Survey, The Planning Survey, The Financial Consolidation Survey and The Data Management Survey. You can find out more about these surveys by clicking on the relevant links.

Why users buy Oracle Cloud EPM and what problems they have using it

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Full user reviews and KPI results for Oracle Cloud EPM

All key figures for Oracle Cloud EPM at a glance.

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Individual user reviews for Oracle Cloud EPM

Role
Project manager for planning from IT
Number of employees
More than 2.500
Industry
Media/Publishing
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

Progressiveness in empowering end user to manage data and processes. Drawing on further integration between ERP and BI analytics for end-to-end user experience.

What do you like least/what could be improved?

Performance and lack of scalability when size of data increases.

What key advice would you give to other companies looking to introduce/use the product?

Do a thorough understanding of process, data and system need assessment so that you are able to chose which EPM offerings to best adopt.

How would you sum up your experience?

Introduction to AI/ ML is great but need more front-end user ability to shape data for the 'human' analysis.

Role
Member of a cross-departmental BI team
Number of employees
More than 2.500
Industry
Retail
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

The ability to build custom planning models and the ability to run and compare various versions of plan that have different underlying assumptions.

What do you like least/what could be improved?

The prebuilt planning solution did not work for our use cases, but it is what we implemented with. We wound up building a custom planning application from scratch and we are happy with where we have landed.

What key advice would you give to other companies looking to introduce/use the product?

It has been worthwhile bringing in an experienced Hyperion/EPM developer to build the solutions that we need within the tool.

How would you sum up your experience?

I feel that it EPM is what you can make of it. The system is a flexible platform that can support many different planning and reporting use cases.

Role
Consultant
Number of employees
More than 2.500
Industry
Manufacturing
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

Fast and straight forward to implement. Was a practical step for the users to move to the cloud version of planning from on premises.

What do you like least/what could be improved?

The Web UI can sometimes be clunky to work with, e.g., doing ad-hoc analysis in the Web, so we usually push users to SmartView.

What key advice would you give to other companies looking to introduce/use the product?

More time in the design phase (and prototyping) can save you a world of pain later.

How would you sum up your experience?

It's a very good product and in the hands of the right development partner can be a great asset to any organization.

Role
Member of a cross-departmental BI team
Number of employees
More than 2.500
Industry
Process industry
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

Overall development of the software solution is strong, and the pipeline for enhancements is robust. Oracle is a known entity, and the tool will survive in any rationalization within the industry over time. The tool is also very flexible and scalable.

What do you like least/what could be improved?

Overall efficiency within the cloud for Oracle. They continue to improve, but there is still room for advancement in this area.

What key advice would you give to other companies looking to introduce/use the product?

The software will satisfy needs. In order to best leverage the software, work with a very strong consulting partner, and participate in user groups/events where you can share best practices.

How would you sum up your experience?

I am a big fan. I would recommend this solution to any company looking to advance their planning/budgeting capabilities.

Role
Project manager for planning from business department
Number of employees
More than 2.500
Industry
Transportation and logistics
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

The best of Oracle EPM are pre-build modules, Smart View, Flexibility.

What do you like least/what could be improved?

The integration aspect is still outdated in some aspects.

What key advice would you give to other companies looking to introduce/use the product?

Make sure if your metadata is diversified. Then controlling it from centrally may become quite a challenging. Ease of tool goes away in that case.

How would you sum up your experience?

Great tool.

Role
IT employee
Number of employees
More than 2.500
Industry
Transportation and logistics
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

SaaS - Stability is good, frequent updates. Functionality is good. You can use standard modules or build your own planning applications

What do you like least/what could be improved?

License cost.

What key advice would you give to other companies looking to introduce/use the product?

Base selection of modules on your specific needs.

How would you sum up your experience?

Functionality and flexibility is good, license cost is a bit high.

Role
Head of business department
Number of employees
More than 2.500
Industry
Manufacturing
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

Innovation and enhancement requests are great.

What do you like least/what could be improved?

mMre AI functionality.

What key advice would you give to other companies looking to introduce/use the product?

Start now, run fast with the project.

How would you sum up your experience?

Excellent product.

Role
Project manager for planning from IT
Number of employees
More than 2.500
Industry
Process industry
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

I love how easy it is to admin the tool, I'm not IT and I can even manage to write some code. FCCS/PBCS are very user friendly! Task lists are a great hit with end users. The audit/job functions, as well as cell history are great traceability tools.

What do you like least/what could be improved?

I love data management, but it's slowly moving onto data exchange and it's not so easy to figure out how to do things there. Also, I'd love to have visibility on what is scheduled via Data Management (like we do in Jobs, for example).

What key advice would you give to other companies looking to introduce/use the product?

Before implementing, be sure of what structure you really need. Do not just replicate existing processes, evaluate improvements and make the most of a fabulous tool! Our partners (Nova) are amazing at understanding how we run our business and that helps a great deal. Having a partner that knows your company.

How would you sum up your experience?

I'm very happy with the tool. We have great control of our processes. Finance is the owner of the tool and this enables us to have freedom to keep adding functionalities to the tool. We are always looking for improvements, and love how flexible PBCS is to our business needs.

Role
Head of business department
Number of employees
More than 2.500
Industry
Insurance
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

Ability to scale up.

What do you like least/what could be improved?

Good design and governance required to develop a well performing application.

What key advice would you give to other companies looking to introduce/use the product?

Importance of implementation partner and having setup strong planning processes.

How would you sum up your experience?

Market leading tool, great capability for large size companies. Especially when operating on a highly standardized environment.

Role
Member of a cross-departmental BI team
Number of employees
More than 2.500
Industry
Consulting
Source
BARC Panel, The Planning Survey 24, 04/2024
What do you like best?

Good continuity from the Hyperion planning and also the fact that EPM is part of the Oracle Cloud ERP eco-system.

What do you like least/what could be improved?

Not much analytics (reporting) tool build with it even in Oracle family like OAC or FAW.

What key advice would you give to other companies looking to introduce/use the product?

Limit the scope and number of drivers for the initial go-live.

How would you sum up your experience?

Overall powerful platform and well-integrated with consolidation platform.

Role
Member of a cross-departmental BI team
Number of employees
More than 2.500
Industry
Public sector
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

It's potential to be a very good tool.

What do you like least/what could be improved?

Unfriendly towards the developers, seems as built by people who never had to support users.

What key advice would you give to other companies looking to introduce/use the product?

Get a good, mid-size, implementer specialized in Oracle EPM. Sort out your planning processes on a business side - software will not solve the problem of disparate processes between the departments.

How would you sum up your experience?

Nice tool, developing in it (including Essbase and on-prem Hyperion Planning) since 1999, but seems that the development is always too busy delivering features that are easy on Oracle's marketing department, and not on the IT ones who are supposed to use it one day. Too many things that can't be (easily) automated, or changed in bulk. And this in the end translates in bad image with business. Stick to one tool per area (one ETL, one reporting), add mass code/configuration change features, stop changing names of modules - it confuses everyone. IT will then be able to pay more attention to better designs, smoother processes, and thus increased user satisfaction.

Role
Project manager for planning from IT
Number of employees
More than 2.500
Industry
Retail
Source
Invited by the vendor, The Planning Survey 24, 04/2024
What do you like best?

Pouvoir retriever les chiffres sur Excel et à venir sur Google Sheet. Les possibilités du multidimensionnelle, gestion des dimensions, axes.

What do you like least/what could be improved?

L'interface n'est pas sexy que ce soit en mode web ou en smartviex. L'utilisation des menus n'est pas simple également. C'est vraiment ce qui ressort des sondages utilisateurs : outil pas UX et pas joli. J'ai connu Essbase il y a plus de vingt et j'ai été surprise en retravaillant dessus l'an dernier de constater qu'il avait peu évolué et que des bugs d'il y a 20 ans (exemple : enfant unique dans une dimension pas pris en compte en niveau 0 pour une extraction) étaient toujours d'actualité. En mode cloud, l'automatisation d'interfaces entrantes (hors ERPC) et sortantes de EPM (ex pour alimenter la GCP de google) est compliquée, voire impossible dans notre cas. On reste sur du bricolage et du manuel. Ce serait bien de plugger facilement les données des cubes Essbase vers un outil de reporting plus facile à utiliser et joli (ex : Power BI, Looker).

What key advice would you give to other companies looking to introduce/use the product?

How would you sum up your experience?

Bien dans le sens où il répond aux besoins actuels de simulations prévisionnelles forecast et budget de l'entreprise. Mais il y a de plus en plus d'outils sur le marché qui sont en plus d'être performants, plus simple à utiliser (apparence + UX) et je pense qu'Oracle devrait travailler cette partie. Côté admin, ce serait bien d'avoir plus de possibilités dans le cloud au niveau des interfaces entrantes et sortantes et de faciliter l'utilisation de l'outil (ex Data Management en mode web revu il y a quelques semaines n'est pas très pratique). L'automatisation d'import et d'export de données avec l'extérieur n'est pas simple. C'est un frein car ça engendre beaucoup de tâches manuelles (perte de temps, pas de valeur ajoutée).

Survey Information
Number of reviews for Oracle Cloud EPM
29
Reviewed versions
100% Cloud
Peer groups in the survey
Large/Enterprise-Wide Implementations, Products for Planning, Budgeting & Forecasting, Integrated Products for Planning and Financial Consolidation, Worldwide Implementations
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