The EPM Enterprise Cloud Service comprises the full suite of Oracle Enterprise Performance Management Cloud business processes supporting a comprehensive array of activities spanning planning and budgeting, consolidation and close, account reconciliation, profitability and cost management, tax reporting, enterprise data management, and narrative reporting.
The following image presents an overview of the business processes and modules available in the EPM Enterprise Cloud Service:
Watch this video Learn more about all of the value in EPM Standard Cloud Service and EPM Enterprise Cloud Service
An EPM Enterprise Cloud Service instance allows you to deploy and use one of the supported business processes. To deploy another business process, you must request another EPM Enterprise Cloud Service instance or remove the current business process. The business processes that you deploy share the same identity domain to facilitate user management and assigning of roles. Access to resources belonging to a business process is individually controlled for each business process.
The EPM Enterprise Cloud Service allows you to deploy the following business processes.
EPM Enterprise Cloud Service supports custom Planning, module-based Planning, and Free Form planning to deliver instant value and greater productivity for business planners, analysts, modelers, and decision-makers across all lines of business of an enterprise.
Custom Planning facilitates creation of a streamlined process-driven custom solution. Module-based Planning comes bundled with pre-packaged Capital, Financials, Projects, Strategic Modeling, and Workforce modules.
Free Form Planning helps you to create an unrestricted free form dimension solution using an Essbase outline file. Additionally, EPM Enterprise Cloud Service supports the use of the Groovy scripting language to customize business rules in the Planning business process.
Watch this video for an overview of Planning in EPM Enterprise Cloud Service.
You use the Account Reconciliation business process with transaction matching support to automate the process of validating your company's financial accounts by checking the account balances for accuracy. Transaction matching helps automate the process of reconciling high volume or labor intensive reconciliations and integrating results into the tracking features within reconciliation compliance.
Features such as reconciliations, including auto reconciliations, variance analysis, alerts and exception management, and auto-matching of transactions are available in the EPM Enterprise Cloud Service.
Watch this video for an overview of Account Reconciliation.
Financial Consolidation and Close
The Financial Consolidation and Close business process supports consolidation and close process tasks with default, prebuilt calculations. You can create custom calculations and complex ownership structures and automate consolidation and close tasks.
Financial Consolidation and Close comes bundled with Supplemental Data Manager and Close Manager modules. Supplemental Data Manager helps create and manage data set definitions, input templates, data collection, and value linking.
Financial Consolidation and Close also supports the integration of Close Manager with other services.
Watch this video for an overview of Financial Consolidation.
The Narrative Reporting business process with Disclosure Management provides a secure, process-driven approach for defining, authoring, reviewing, and publishing financial and management report packages.
Watch this video for an overview of Narrative Reporting.
Oracle Enterprise Data Management Cloud
The Oracle Enterprise Data Management Cloud business process helps you manage business viewpoints, govern changes across them, share and map data sets to accelerate deployment, and build an authoritative system of reference.
Watch this video for an overview of Oracle Enterprise Data Management Cloud.
Profitability and Cost Management
The Profitability and Cost Management business process helps you manage the cost and revenue allocations that are necessary to compute profitability for a business segment, such as a product, customer, region, or branch.
Watch this video for an overview of Profitability and Cost Management.
The Tax Reporting business process calculates your company’s global tax provision, effective tax rate, and deferred tax for tax provisioning purposes in accordance with the standards for accounting for income taxes under GAAP and IFRS.
Watch this video for an overview of Tax Reporting.