Planning is essential to business success as it better equips leaders to prepare for the future.

A business plan intensifies focus and allows companies to utilize resources efficiently.

With Oracle Enterprise Performance Management (EPM) Cloud, you can now expand your plans, budget, and forecast your reports with the ease of cloud technology.

With its new features, sophisticated financial intelligence, intuitive performance management, and optimized interfaces, you can create models of business expectations that will not only improve your company’s performance but also enhance your competitive edge.

Learn more about Oracle EPM (Enterprise Performance Management) !

• Overview
• Planning, Budgeting, and Forecasting
• Prepare for anything with Scenario Modeling
• Retain top talent with workforce planning
• Plan your capital asset expenses
• Understand the financial aspects of your projects
• Plan across all financial statements 
• Make better decisions with predictive planning
• Prepare for Uncertainty

Overview of Oracle EPM cloud

Cloud computing is perhaps the greatest technological innovation for businesses.

This is largely due to the ever-increasing number of mobile technologies and market digitalization used by consumers and businesses.

Therefore, its adoption is necessary as it provides the needed flexibility and strategic edge to companies in today’s marketplace.

Many companies have already adopted cloud systems in handling their long-running business needs.

But what cloud computing features and functions are companies looking for?  

Oracle EPM Cloud, is a platform designed to empower businesses and organizations with flexibility, scalability, and dynamics, all the same offering the transparency and control needed for corporate finance.

The cloud system tool includes a suite of performance management applications and offers integration with Microsoft Excel, Word, Outlook, and PowerPoint. Gain the facts and agility your business needs to rise above any market challenges with Oracle EPM cloud.

Planning, Budgeting, and Forecasting

According to experts, planning helps a business identify its goals and optimal ways to achieve them.

Oracle EPM Cloud helps you create plans based on previous outcomes and the road maps of significant events and relevant information.

It also allows users to develop free-form modeling at scale, making it a dynamic and scalable tool in preparing your company from the uncertainties in the future.

Connect your business to a consolidated and fiber cloud network that links directly to your organizations and beyond.  

Prepare for anything with Scenario Modeling

Adapting to the constant changes in the market is a significant challenge for any businesses.

Brainstorming efficient and well-planned ideas and approaches to business challenges is crucial to innovation. Hence with Oracle EPM cloud’s sophisticated financial intelligence and built-in features, you can now instantly project multiple scenarios in addressing these changes.

The cloud system also predicts different outcomes and supports your decisions by using Monte Carlo simulations. This allows you to align your business strategies with organizational plans and optimize your business’ capital structure for maximized market value.

Retain top talent with workforce planning

Workforce planning strategy involves implementing specific steps in the workforce to reduce the employee turnover rate. It is key to retain top talent.

Oracle EPM cloud provides the ideal features in helping your business to address ongoing and unexpected changes in your workforce.

This includes planning for compensation expenses and streamlining the flow of information between your Finance and Human Resources departments.

It also records and calculates standard and unique expenses from employees (including benefits and tax expenses) by leveraging wizard-based planning.

Plan your capital asset expenses

Effective finance management enables organizations to have the means to carry out and implement its objective as satisfactorily as possible.

With Oracle EPM cloud, you can now track the full lifecycle of your capital investment.

Because the cloud does it all, it allows organizations to plan asset-related expenses and add new intangible resources efficiently.

It also reviews your capital expenses to keep track of your company expenditures in detail.

Understand the financial aspects of your projects

Essential in building up a business is having a sense of the overall market that you are entering.

Before agreeing to a major project, management needs to conduct a proper analysis to ensure that the total benefits generated from the project are more than its total costs.

Oracle EPM cloud is the ideal tool platform for understanding the financial aspects of a project by planning detailed project costs and revenues in addition to other features.

It models all project types and plays a critical role in assessing and managing plans and ideas

Plan across all financial statements

Wise and continuous investments in assets are vital to your company’s success.

Therefore, it is important to optimize your revenue plan and model your cash flow using this cloud system.

By adopting this framework, you can boost your business profits and enhance your organization’s capabilities. This is because the framework enables you to implement Intelligent Performance Management (IPM), which is a powerful tool for optimizing your processes and outcomes.

The cloud displays its flexible features by developing plans for all expenses.

The platform also rapidly analyzes balance sheets making it a practical tool for finance and management.

Improve decisions with predictive planning

A vision without a strategy is considered an illusion.

Business Forecasting requires having an accurate picture of the present market to predict future conditions for businesses.

Hence the necessity for strategic planning in the business context remains steadfast, even contributing to the foundation for innovation.

In improving business accuracy, Oracle EPM cloud identifies and leverages patterns in financial reports and operational data.

It simulates possible outcomes and acquires immediate performance insights in providing better decisions for companies. 

Prepare for Uncertainty

Planning is the first and the most crucial function of management.

No one can predict the future; however, preparedness and a strategic organization can help your company strive and develop through uncertainties.

Companies are looking for an efficient, flexible, and cost-effective cloud computing system capable of preparing businesses from the uncertainties of the future.

Oracle Corporation is committed to well- equipping your business with efficient methods and state-of-the-art technology.

With Oracle EPM Cloud, you can now implement well-designed plans, accurately monitor your existing financial aspect, and predict possible future outcomes for effective project management; and isn’t that what financial management is all about?