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Oracle EPM & BI Blog

FAQ: Business Intelligence Cloud Service (BICS)

Moving to the cloud? It’s a big step. Though the deployment is typically faster and the overhead cost is usually cheaper, you should still do all the research you would do with an on-premises tool.

Whether you’re looking for a quick business intelligence solution or you’re thinking of switching to Oracle’s Business Intelligence Cloud Service (BICS), this is the blog post for you. We’ll cover the questions we’re asked most often to give you an overview of this cloud-based tool.

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EPM Consulting: How to Save Time, Energy & Money

Before getting started, you know your EPM project will be costly, take time, and tie up valuable resources. However, whether you’re upgrading, implementing a new solution, or moving to the cloud, there are steps you can take to ensure your projects are successful and money is well spent.

Your EPM tools are an important investment that will help optimize your processes and improve data consistency. The following tips will help you get the most out of that investment and ensure that you’re fully using your EPM tools.

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6 Reasons EPM Projects Fail

Let’s be honest, EPM projects are expensive. It’s even more expensive when a project fails. These projects are intricate and require expertise that you can only get from an implementation partner. So, when the project fails, who’s to blame?

You probably want to place all the blame on the implementation partner. That might seem fair, especially if this is your first time venturing into the world of EPM. But, remember — you entered into a contract — so if certain parameters weren’t laid out, the partner can take your money and run.

But how can you tell when an implementation partner won’t live up to your expectations if you haven’t even started the project? In this blog post, we’ll cover the top five reasons EPM projects fail and the warning signs to look for while evaluating implementation partners.

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PBCS Crash Course for Planning Admins (Free Training)

If you’re moving from Hyperion Planning to Oracle’s Planning and Budgeting Cloud Service (PBCS), you’ll find that being on the cloud is just one of several major differences. If you bought PBCS after August 1, 2016, then you’re on the new simplified interface rather than what was previously referred to as “workspace.” If you purchased PBCS before then, you’ll be forced to adopt the simplified interface in December.

Because of the differences between the simplified interface and workspace, we often get questions from admins and users who are unfamiliar with where to click to accomplish the same thing. It may be a task, a setting, or how to see the result of the operation you just ran.

In this blog post, we’ll cover four examples of changes between the simplified interface and workspace.

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FCCS Updates (September 2017): Customizing Your Application Interface, Considerations for Working with Metadata, and More

The September updates for Oracle's Financial Consolidation and Close Cloud Service (FCCS) are here. This blog post outlines several new features, enhancements, fixed defects, and considerations.

The monthly update for FCCS will occur on Friday, September 15 during your normal daily maintenance window.

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ARCS Product Update (September 2017): Automation of Application Snapshot Uploads, Support for Single Sign-On, and More

The September updates for Oracle's Account Reconciliation Cloud Service (ARCS) are here. In this blog post, we’ll outline enhancements, updates, and considerations.

We’ll let you know any time there are updates to ARCS or any other Oracle EPM cloud products. Check the US-Analytics Oracle EPM & BI Blog every month.

The monthly update for Oracle ARCS will occur on Friday, September 15 during your normal daily maintenance window.

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PBCS and EPBCS Updates (September 2017): Integrated Business Process Navigation Flows, Simplified Provisioning Report, and More

The September updates for Oracle's Planning & Budgeting Cloud Service (PBCS) and Enterprise Planning and Budgeting Cloud Service (EPBCS) are here. This blog post outlines several new features for both applications, enhancements, removal of support, and fixed defects.

The monthly update for PBCS and EPBCS will occur on Friday, September 15 during your normal daily maintenance window.

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The Future of Oracle Financial Close Tools

There are a lot of possibilities for the future of your Oracle Financial Close tools. You could upgrade to 11.1.2.4, move to the cloud, or wait until 2019 to upgrade when 11.2 comes out. With so many different options, you’re bound to get overwhelmed, especially when you’re talking about tools to help with your integral finance operations.

In this blog post, we’ll cover new functionality and features as well as what’s coming soon to on-premises Hyperion Financial Management (HFM) and Oracle’s Financial Consolidation and Close Cloud Service (FCCS).

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5 Misconceptions About Managed Services

When we talk to finance and IT teams that don’t outsource support for Hyperion or Oracle EPM Cloud applications, it’s typically because:

1) They had a bad experience with a subpar managed services provider, and they aren’t sure a different MSP will be better.

OR

2) They haven’t tried managed services yet because they assume it costs too much, they won’t get the custom support they need, or other misconceptions.

It’s time to clear the air! In this blog post, we’ll cover the biggest misconceptions we’ve heard about managed services for EPM tools.

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The Best Account Reconciliation Tool? Oracle ARM (3 Reasons Why)

If you’re in the market for an account reconciliation solution, you’re probably feeling the pain points of manual processes. Fragmented data. Lack of visibility into progress. Time-consuming reconciliations that cause a major bottleneck in the financial close process.

The costly risks of manual methods — missing or lost reconciliations, unreconciled accounts, improper use of roll-forwards, and insufficient justification or documentation — can be prevented by automating your account reconciliation process. The question isn’t whether you should protect your organization with an account reconciliation tool, but which tool is best.

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