Oracle Cloud EPM – What to know!

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Oracle Cloud EPM (Enterprise Performance Management) is a comprehensive suite of cloud-based applications that helps organizations of all sizes manage their financial planning and reporting processes, while also providing powerful analytics and performance insights. Buchanan Technologies specializes in delivering talent in this area. Oracle Cloud EPM is considered to be a good product for several reasons:

  1. Robust functionality: Oracle Cloud EPM offers a wide range of functionality, including financial planning, budgeting and forecasting, financial consolidation, account reconciliation, tax reporting, and profitability and cost management. The platform also includes advanced analytics and reporting capabilities.
  2. Scalability: Oracle Cloud EPM is a cloud-based platform, which means that it can easily scale to meet the needs of growing organizations. It is designed to handle large volumes of data and complex financial processes, making it a suitable solution for enterprises and mid-sized businesses.
  3. Integration with other Oracle Cloud products: Oracle Cloud EPM is part of the larger Oracle Cloud suite of products, which includes Oracle Cloud ERP, Oracle Cloud HCM, and Oracle Cloud SCM. This means that it can easily integrate with other Oracle Cloud applications, allowing businesses to streamline their financial processes and improve their overall efficiency.
  4. User-friendly interface: Oracle Cloud EPM has a modern, intuitive user interface that makes it easy for users to navigate and perform tasks. The platform also includes powerful collaboration tools, such as threaded discussions and notifications, which can help teams work more effectively together.
  5. Security and compliance: Oracle Cloud EPM is built on a secure platform and is designed to comply with industry regulations, including SOC 1 Type 2, SOC 2 Type 2, and ISO 27001.

In summary, Oracle Cloud EPM is considered to be a good product that offers robust functionality, scalability, integration with other Oracle Cloud products, a user-friendly interface, and strong security and compliance features. Buchanan Technologies would be interested to partner with you to deliver quality consulting talent to implement these solutions.

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