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Oracle Cloud Enterprise Performance Management (EPM) description
Oracle Cloud Enterprise Performance Management (EPM) is a suite of cloud-based tools designed to help you analyze, plan, and report on your business's financial and operational performance. It offers a range of features, including financial planning, budgeting, forecasting, consolidation, reporting, and analysis. Oracle Cloud EPM is suitable for mid-sized to large companies across various industries. It helps you connect financial and operational data to get a complete view of your business, improve decision-making, and streamline financial processes. Oracle Cloud EPM is recognized as a leader in the market by top analyst firms.
Who is Oracle Cloud Enterprise Performance Management (EPM) best for
Oracle Cloud EPM helps mid-size to large businesses analyze, plan, and report on financial and operational performance. Users praise its cloud accessibility, automated reporting, and comprehensive features. Some find the interface complex and the cost high. It's ideal for finance teams needing robust planning and budgeting tools.
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Best fit for medium to large enterprises.
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Ideal for finance, retail, healthcare, manufacturing, and more.
Oracle Cloud Enterprise Performance Management (EPM) features
| Supported EPM offers robust reporting and analytics for various data, including project costs and resources. |
| Supported EPM offers budgeting, cost tracking, and control features applicable to projects. |
| Supported Oracle EPM offers AI features like anomaly detection and predictive planning, assisting with financial close. |
| Supported Oracle Cloud EPM provides a collaborative budgeting and planning tool accessible anytime, anywhere. |
We evaluate the sentiment that users express about non-functional aspects of the software
Ease of Use
Reliability and Performance
Oracle Cloud Enterprise Performance Management (EPM) reviews
We've summarised 190 Oracle Cloud Enterprise Performance Management (EPM) reviews (Oracle Cloud Enterprise Performance Management (EPM) G2 reviews) and summarised the main points below.
- Cloud-based accessibility: Access data and applications from anywhere with an internet connection.
- Automated reporting and consolidations: Streamlines financial processes and reduces manual effort.
- Powerful calculation engine: Enables complex financial modeling and analysis.
- Comprehensive features: Offers a wide range of functionalities for planning, budgeting, forecasting, and reporting.
- Integration with other Oracle products: Seamlessly integrates with other Oracle ERP and EPM solutions.
- Performance issues: The tool can be slow, lag, or freeze, especially with multiple users or large datasets.
- Complex user interface: Navigation can be challenging and non-intuitive, especially for users unfamiliar with Oracle products.
- Limited customization: Some users find the customization options for reports, templates, and other features restrictive.
- High cost: Licensing costs, especially for reporting users, can be prohibitive for some organizations.
- Data integration challenges: Integrating data from external sources or other systems can be complex and time-consuming.
Oracle Cloud Enterprise Performance Management (EPM) pricing
The commentary is based on 12 reviews from Oracle Cloud Enterprise Performance Management (EPM) G2 reviews.
Oracle EPM pricing is generally considered expensive, especially the initial cost. However, some users feel it's affordable given the comprehensive planning, budgeting, consolidation, and reporting capabilities. Licensing costs, particularly for reporting users, are a concern for some.
Users sentiment
Oracle Cloud Enterprise Performance Management (EPM) alternatives
TrintechMore focused on financial close and reconciliation processes. Has faster LinkedIn employee growth but slower website traffic growth. Users highlight ease of use for reconciliation but note slow performance.Read more
BoardBetter suited for organizations looking for an integrated platform combining planning, analytics, and reporting. Has broader industry coverage. More user-friendly, but less feature-rich for core EPM functionalities.Read more
PlaidCloudBetter for smaller businesses needing profitability and risk management solutions. Focuses on data harmonization and scalable integrations as an Oracle Cloud EPM competitor and alternative.Read more
Microsoft Power PlatformBetter for users less familiar with complex financial software. A suitable Oracle Cloud EPM competitor for those prioritizing integration with Microsoft products. Focuses on broader business process automation beyond financial planning. Caters to a wider range of industries, particularly mid-sized businesses seeking versatile tools and data analysis. Has more momentum in website traffic growth.Read more
ComplianceBetter for compliance and risk management. Not focused on financial planning and analysis. A broader approach addressing various compliance areas, not just financial reporting.Read more
Oracle Cloud Enterprise Performance Management (EPM) FAQ
What is Oracle Cloud Enterprise Performance Management (EPM) and what does Oracle Cloud Enterprise Performance Management (EPM) do?
Oracle Cloud Enterprise Performance Management (EPM) is a suite of cloud-based financial and operational planning tools. It helps businesses model, analyze, and report on financial performance, enabling better decision-making and streamlined processes. Key features include budgeting, forecasting, consolidation, and reporting.
How does Oracle Cloud Enterprise Performance Management (EPM) integrate with other tools?
Oracle Cloud EPM seamlessly integrates with other Oracle products, including Oracle ERP and HCM. It also offers pre-built integrations with third-party applications, enabling data sharing and streamlined processes. This allows for a comprehensive view of your business performance.
What the main competitors of Oracle Cloud Enterprise Performance Management (EPM)?
Top alternatives to Oracle Cloud EPM include OneStream, Board, Anaplan, and Vena. These competitors offer similar enterprise performance management functionalities such as financial planning, budgeting, forecasting, and reporting.
Is Oracle Cloud Enterprise Performance Management (EPM) legit?
Yes, Oracle Cloud Enterprise Performance Management (EPM) is a legitimate, comprehensive suite of cloud-based financial and operational planning tools. It's suitable for medium to large businesses, though some users find it complex and expensive.
How much does Oracle Cloud Enterprise Performance Management (EPM) cost?
I couldn't find specific pricing details for Oracle Cloud EPM. Contact Oracle sales for a personalized quote based on your enterprise performance management needs. Consider exploring alternative EPM solutions with transparent pricing.
Is Oracle Cloud Enterprise Performance Management (EPM) customer service good?
Oracle Cloud EPM customer service receives mixed reviews. While some users highlight the helpful and supportive nature of technical support, others express dissatisfaction with operational support. Some implementation issues were noted, but later resolved.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.