Oracle EPM & BI Blog

Oracle EPM Cloud Financial Consolidation and Close Updates (August 2019): Scenario Override Option for Opening Balance, Simplified Seeded Balance Sheet and Movements Option & More

The August updates for Financial Consolidation and Close in the Oracle EPM Cloud have. This update includes new troubleshooting information, a scenario override option for opening balance, various considerations, and much more.

The monthly update for Financial Consolidation and Close in Oracle EPM Cloud will occur on Friday, August 16 during your normal daily maintenance window.

Oracle EPM Cloud Financial Consolidation and Close Updates (July 2019): Tracing Users in Task Management Workflows, Export Expanded Reports to Excel & More

The July updates for Financial Consolidation and Close in the Oracle EPM Cloud are here. This is the first set up updates since Oracle changed the structure of the EPM Cloud and pricing plans.  In this set up updates, you can look forward to tracing users in Task Management Workflows, exporting expanded reports to Excel, and much more.

The monthly update for FCCS will occur on Friday, July 19 during your normal daily maintenance window.

Oracle EPM Cloud: A New Direction

Oracle has made a lot of changes to both their EPM and Analytics solutions, making the updates difficult to keep up with as well as causing confusion. This blog post will help clarify the new direction of the Oracle EPM Cloud as well as what to expect with future updates.

Below you’ll find information on…

• Changes to product names and pricing plans
• How the changes affect current customers
• Terminology changes
• The EPM Cloud Roadmap

FCCS Updates (June 2019): Script Available for Maintaining a Snapshot Library, Updated to Seeded Configurable Consolidation Rules & More

The June updates for Oracle's Financial Consolidation and Close Cloud Service (FCCS) are here. This month you can look forward to updates for showing or hiding financial reporting annotations, updates to the connections interface, considerations for using FCCS, and much more. 

The monthly update for FCCS will occur on Friday, June 21 during your normal daily maintenance window.

FCCS Updates (May 2019): Improvements to Task Manager, On-Demand Rules, Support for Additional Essbase Functions & More

The May updates for Oracle's Financial Consolidation and Close Cloud Service (FCCS) have arrived. After the lack of an update for April, Oracle has provided an assortment of updates, including improvements to Task Manager, the creation of on-demand rules, and support for additional Essbase functions in configurable calculations.

The monthly update for FCCS will occur on Friday, May 17 during your normal daily maintenance window.

FCCS Updates (March 2019): EPM Cloud's New Look & Feel, Removal of XLS Report Export Option & More

The March updates for Oracle's Financial Consolidation and Close Cloud Service (FCCS) have arrived. There are no new features in this update, however, several upcoming changes were announced, including the EPM Cloud's New Look and the removal of XLS report export option.

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

FCCS Updates (February 2019): Changes to Translations, Email Notifications for Rejected, Submitted Journals & More

The February updates for Oracle's Financial Consolidation and Close Cloud Service (FCCS) have arrived. Read the blog post to see the considerations and new features coming to FCCS, including changes to Translations, notifications for rejected journals, submitted journals, and more. 

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

Finance Leaders: Solve your Tribal Knowledge Problem

There’s been a lot written about tribal knowledge and how it can stunt your organization’s growth and progress. Most recently, Oracle published a post in their Modern Finance Leader blog about how tribal knowledge can leave your growing company “floundering.”

One thing all these articles have in common is pointing out the issues caused by tribal knowledge — that it creates dependency and inaccuracies. This can be especially true and dangerous for the finance office. So, what specific actions can finance leaders take to solve their tribal knowledge problem? That’s what we’ll be exploring in this blog post.

How Financial Controllers Add Value

As the financial controller, you’re focused on managing the accounting department while ensuring transactions are collected or paid. You also must ensure financial reporting is accurately completed, and that your organization is compliant with reporting requirements.

These are the responsibilities you knew when you took the job and the responsibilities that you’ve grown used to completing. But you’re in the position to make valuable changes and improve processes for you, your team, and even the entire organization. In this blog post, we’ll cover five ways in which you can add value.

FCCS Updates (January 2019): Proposed Changes to Application-level Access Control, Renaming Close Manager Feature Set & More

The first updates of 2019 are here for Oracle's Financial Consolidation and Close Cloud Service (FCCS). Though there aren't any new features in this update, there are many new considerations for using the tool as well as come upcoming changes you should be aware of.

The monthly update for FCCS will occur on Friday, January 18 during your normal daily maintenance window.