
- January 20, 2022
- Subramanyam Sripada
- 0
Pre-built Modules of Oracle EPM Cloud
Oracle EPM Cloud Planning includes pre-built modules that cater to your unique planning needs.
Strategy – This module is used for scenario modeling and includes rich features for side-by-side financial and operational analysis of several business scenarios. It is helpful for both corporate users and users in the business units.
Financials – This module is a fully integrated financial statement planning solution across the income statement, balance sheet, and cash flow. It includes four sub-processes – Revenue, Expense, Balance Sheet, and Cash Flow – that can be enabled incrementally.
Workforce – This module is designed for the planning related to employees and addresses the needs of both HR and Finance. It integrates with your HCM systems for a complete solution to manage employee budgets, skills, and talent.
Projects – This module is designed to be suitable for multiple use cases. Project-oriented industries can leverage the detailed project financial planning process that supports granular planning associated with large-scale projects. It is also well-suited for departments in any organization that need a more streamlined approach to planning projects.
Capital – This module is well-suited for businesses with significant capital assets. It addresses the planning needs associated with capital assets and accounts for the impact of these assets across your income statement, balance sheet, and cash flow.
Benefits of Oracle EPM Cloud
- Build custom planning and forecasting models or deploy pre-built planning models that include calculations, dashboards, and reports
- Highly scalable and suitable for both operational and financial planning processes
- Adapt your planning processes as your business needs evolve
- Get actionable insights into your business with advanced dashboards, analytics, what-if, and predictive capabilities
- Eliminate the need for upfront capital expenditure
Features of Oracle EPM Cloud
Out-of-the-box Capabilities
Out-of-the-box planning modules can be tailored to your specific requirements using configuration. It allows you to combine configured processes with a growing library of pre-built planning components such as KPIs, models, dashboards, reports, and process accelerators.
Fast And Easy Deployment
Connect Enterprise Planning Processes
Planning should not be limited to the finance department. Organizations must seamlessly connect their operational and financial planning processes to be truly successful at enterprise planning. Oracle Enterprise Performance Management Cloud Planning helps you achieve this through a flexible architecture that helps connect and align planning processes across the organization while allowing individual planners to operate independently.
Predictive Modeling And Analytics
Oracle EPM Cloud Planning provides advanced modeling and predictive analytical capabilities, enabling businesses to create models for volatility and financial and operational changes. Users can create and analyze different what-if scenarios, and the rolling forecast wizard simplifies the forecasting process and makes it more accurate.
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