With the Oracle EPM Cloud, you can look forward to new updates every month — from fixed defects to significant new features. It’s great to know your tool is constantly being improved, but it still leaves you wondering, “what will it be like in a few years?”
Fortunately, Oracle has given us an update of what’s to come. This is great news for current EPM cloud users planning for the future, and those considering a move to the cloud.
In this blog post, we’ll look at…
First, let’s clarify. Each application in the Oracle EPM Cloud has a separate per user per month subscription fee. It’s set up on a SaaS model, which you can read more about here.
Currently, the Oracle EPM Cloud encompasses five main topics:
The Oracle EPM Cloud addresses these topics in eight applications…
You also get an EPM Cloud Foundation Layer that includes...
Without getting into the capabilities and features, that’s the current Oracle EPM Cloud in a nutshell. In the next sections, we’ll go into more details about what features are coming to these applications.
EPRCS is an integrated reporting platform for the Oracle EPM Cloud. This solution allows you to build a narrative with your data and utilize external reporting.
You should think of it like a unified EPM Cloud reporting hub. It supports the full reporting lifecycle…
EPRCS allows you to leverage existing documents and reporting sources. These sources can be on-prem or in the cloud; Oracle or non-Oracle. With EPRCS, you can leverage values, tables, graphs, charts, images, and more.
EPRCS can deploy five dimensional models. You can also access EPRCS via Management Reporting and/or Smart View.
Management Reporting is included in EPRCS. It’s management reporting hub for Oracle EPM and Oracle Analytics Cloud (OAC). Management Reporting supports grids and charts, multiple sources, and is completely integrated with the narrative reporting process.
This feature will automate manual and menial tasks that are integral to finance and tax across cloud and on-premises applications to reduce risk and increase efficiency.
Intelligent Process Automation will include these types of Intelligent Tasks…
Oracle has given us a general roadmap to look at what we have currently, what’s coming next, and see the future of the EPM Cloud applications. There aren’t dates attached to what’s next and in the future, but this is functionality you should know is coming (eventually).
Enterprise Planning & Budgeting (EPBCS)
Enterprise Performance Reporting (EPRCS)
Financial Consolidation & Close (FCCS)
Profitability & Cost Management (PCMCS)
Tax Reporting (TRCS)
EPM Cloud Infrastructure
Enterprise Planning & Budgeting (EPBCS)
Enterprise Performance Reporting (EPRCS)
Profitability & Cost Management (PCMCS)
Account Reconciliation (ARCS)
Tax Reporting (TRCS)
Enterprise Data Management
EPM Cloud Infrastructure
Enterprise Planning & Budgeting (EPBCS)
Enterprise Performance Reporting (EPRCS)
Financial Consolidation & Close (FCCS)
Account Reconciliation (ARCS)
Profitability & Cost Management (PCMCS)
Tax Reporting (TRCS)
Enterprise Data Management
EPM Cloud Infrastructure
As we learn more from Oracle, we’ll post updates on key dates for what’s next and the future functionality of Oracle’s EPM Cloud tools. To learn about frequent updates in the Oracle EPM Cloud, subscribe to our blog, where we post the updates monthly.