With Oracle Planning and Budgeting Cloud – Makes your business easier, effective, dynamic, strategic plan

Oracle Hyperion Planning is used by more than 38,000 companies across the world to increase business predictability.

Contrary to popular belief, more than a third of major corporations and up to a third of medium-sized businesses still use spreadsheets or legacy systems to handle their planning needs.

Additionally, this procedure is time-consuming and inefficient, and it is prone to human mistake.  

Financial inefficiencies may be reduced by offering enterprises with a single application for budgeting, forecasting, reporting and analysis with Oracle Planning and Budgeting Cloud Service (PBCS).

This SaaS (Software-as-a-Service) solution, we make financial planning, budgeting, and reporting more transparent and secure. Moreover, you don’t need any upfront investment to use our service.

Choosing a Cloud-based Solution for Your Business Is a Smart Move 

For one thing, transferring Oracle Hyperion EPM solutions to the cloud, where they don’t require a large upfront expenditure, would help decrease the adoption hurdle.

cloud planning, shared services, financial reporting, and smart view provider are some of the currently accessible EPM solutions (Excel-Add-In) that you can use.

The following are some of the ways Oracle PBCS makes EPM systems more widely adopted: 

• Eliminates the need for a large upfront capital outlay.  
• Provides cloud-based services for a wide range of popular software.  
• Lower IT resource needs are achieved by using SaaS subscription models.  
• Fusion financials cloud solution provides stand-alone EPM cloud services. 

Oracle Planning and Budgeting Cloud’s advantages 

• Oracle Hyperion’s rapid adoption  
• rapid pace of implementation  
• A temporary place where development may begin while fresh hardware is procured and installed (can be switched to a traditional model)  
• Switching to a classic model is a snap. 

Customers may use Oracle PBCS to support new business sectors or elect to relocate their existing apps to the cloud. This option is especially useful for those who use the existing Oracle Hyperion Planning and need to execute large modifications. For instance, an upgrade from an earlier Hyperion release would benefit from this option.

Oracle PBCS provides several advantages over the old on-premises architecture for organizations that currently use Oracle Hyperion Planning, including: 

• Slightly shorter iteration times between upgrades and tests  
• With no hardware limitations, it is possible to expand the present model/dimensions  
• Testing sandboxes that require no additional resources  
• A classic on-premises solution is also an option. 

For PBCS, why should you choose Oracle Cloud? 

Providing cloud apps for over 13 years, Oracle is one of the few top providers that can successfully provide flexible, contemporary, and secure applications. These applications meet the different demands of small, medium, and big companies.

• Oracle’s application and platform portfolio is very broad.  
• Best-in-class: Oracle’s industry-leading cloud products serve as the foundation.  
• Integrated: Based on a single, unified platform.

Modern and adaptable  

• Standards-based: Based on industry best practices (Java, SQL, HTML5)  
• Build and publish new apps on the web, or enhance existing ones.  
• Portable: Migrate apps to and from on-premises environments.

Enterprise-Grade  

• Strict rules and policies to guarantee data security  
• Elastic: Self-service, on-demand capacity with a monthly subscription  
• Managed: Administration and management are fully automated. 

How Does Adopting Oracle PBCS Benefit Businesses? 

With the convenience of the cloud, Oracle Planning and Budgeting Cloud Service provides several benefits to enterprises:  

• There will be no capital infrastructure investments or depreciation (no hardware or software purchase)  
• Minimum IT resource demands  
• Lower overall cost of ownership (setup and maintenance)  
• It is simpler to transition to an on-premises deployment approach.  
• Rapid implementation and shorter time to benefit.

Oracle PBCS Fundamentals and Functional Advantages 

Oracle PBCS provides organizations with functional advantages that facilitate effective planning and budgeting. Here’s how it’s done:  

• Financial planning, budgeting, and forecasting that is best in class  
• Capability to integrate top-down and bottom-up models  
• Use of assumptions, computations, and allocations on a consistent basis  
• Web and Microsoft Office interfaces are used.  
• Workflow and process management systems that are extremely powerful  
• Oracle Essbase is used for advanced reporting and analysis.  
• Rolling forecast wizard, for example, is a flexible planning feature.  
• Examines Oracle’s EPMS for source integrations. 

In addition to the functional benefits of Oracle PBCS, businesses will benefit from quantifiable efficiency and financial benefits, such as: 

• Application testing  

• Pre-installed starter kits  
• Administration skills based on Microsoft Excel  
• There are no upfront hardware costs, hence there are no capital expenditure needs.  
• Monthly membership offers a predictable cost structure for planning and budgeting.  
• Shifting the emphasis away from technology and infrastructure and toward delivering actual business value  
• Automatic upgrades and fixes to guarantee that organizations are using the most up-to-date features  
• Common web browser and Microsoft Office interfaces to improve business user efficiency  
• Oracle’s hardware support ensures that the applications execute smoothly. 

Oracle PBCS Technical Specifications 

Differences (from a conventional on-premise approach) that organizations should be aware of before adopting or implementing Oracle’s PBCS:  

• Each cloud instance has one planning application.  
• There are up to four different sorts of plans (ASO or BSO)  
• EAS is not available (key features added to calc Manager)  

• Only traditional managed apps are supported (no EPMA)  
• Planning modules are on the PBCS roadmap, although they do not include: Workforce, capital assets, public sector budgeting, and project financials are all examples of project financials.  
• Flat file transfers are used to load data and metadata into PBCS.  
• Each environment has 150 gigabytes of storage.  
• A maintenance window must be set aside for patching and version updates.  
• Instead of shared services, single sign-on is managed using Oracle Cloud.  
• There is no integration of MSAD/LDAP user directories. 

Oracle PBCS is a powerful and flexible software for planning and budgeting software.

With strong workflows, process management tools, and single sign-on features, adopting Oracle PBCS for enterprise planning and budgeting requirements is a wise business option because it can streamline your processes and enhance your efficiency.

Furthermore, with Oracle’s commitment of 24/7 support and regular technological upgrades, organizations will see a strong return on their technology expenditures.