Oracle EPM: The Advantage for Strategic Success
Harness Strategic Insights and Drive Business Growth
What is Oracle EPM?
Oracle Enterprise Performance Management (EPM) empowers businesses to strategically model and plan across key domains like finance, HR, supply chain, and sales. By streamlining financial closing processes and enriching decision-making, it helps you excel in any market condition. Being cloud-based, Oracle EPM provides the benefits of scalability, accessibility, and reduced IT infrastructure costs.
Agile Planning Solutions
EPM’s agile planning capabilities. Engage in dynamic scenario modeling, long-range planning, and budgeting, all grounded in best practices and advanced technologies for comprehensive line of business planning.
Enhanced Financial Consolidation and Close
Adapt swiftly to evolving business and regulatory landscapes with our solutions for financial consolidation and close. Benefit from faster, more accurate reporting with functionality that spans the entire closing process.
Comprehensive Tax Reporting
Align tax reporting with corporate financial strategies for improved compliance and visibility. Facilitates transparent corporate tax processes, including tax provision and detailed country by country reporting.
Freeform Planning and Analysis
Unleash the potential of multidimensional analysis, planning, and reporting with Oracle Cloud Freeform. Leverage the familiar power of Essbase in a scalable, SaaS environment, and build solutions that meet your unique business needs.
Profitability and Cost Management Insight
Gain a clearer understanding of your financial landscape with our profitability and cost management tools. Identify your most lucrative products or business lines and manage costs effectively. Transparent allocation models for profitability analysis and strategic financial management.
Streamlined Account Reconciliation
Automate and streamline your account reconciliations and transaction matching. Enhance the efficiency and accuracy of your financial statements while managing security and risk.
Narrative Reporting for Comprehensive Insight
This tool aids in the collaborative creation and publishing of financial, management, and regulatory reports, ensuring you’re always prepared.
Enterprise Data Management Excellence
Manage and adapt to business changes effectively with enterprise data management solutions. This encompasses data governance, change visualization, and hierarchy management for comprehensive data oversight.
Enhanced Planning and Forecasting
Oracle EPM provides advanced tools for financial planning and analysis, enabling businesses to create more accurate and flexible budgets and forecasts. This leads to better resource allocation and financial management.
Streamlined Financial Close
The system simplifies and accelerates the financial closing process, improving efficiency and reducing the time and effort required to close books. This ensures timely and accurate financial reporting.
Improved Profitability Analysis
With its profitability and cost management capabilities, Oracle EPM helps businesses understand their most and least profitable segments. This insight is crucial for making informed decisions about where to focus resources.
Increased Operational Efficiency
By automating various processes such as account reconciliations and data management, Oracle EPM reduces manual effort and increases operational efficiency.
Better Compliance and Risk Management
The system aids in maintaining compliance with regulatory standards and helps in managing various types of risks, including financial, operational, and compliance risks.
Data-Driven Decision-Making
With integrated analytics and reporting tools, Oracle EPM provides valuable insights and data-driven recommendations, supporting strategic decision-making and business growth.
Challenges Oracle EPM Solves
Inefficient Sales Reporting
Optimizes reporting and forecasting.
Department Misalignment
Enhances inter-departmental collaboration.
Security Concerns
Ensures enterprise-grade security and compliance.
Manual Tasks
Reduces time on manual tasks, focusing on sales.
Non-Personalized Interactions
Improves customer engagement with personalized experiences.
Disconnected Sales Tools
Integrates tools for a unified approach.
Why Fusionworks
Expert Guidance
Fusionworks offers thorough guidance from the initial setup to the final deployment, ensuring a seamless transition for your business.
Customized Solutions
Recognizing the uniqueness of each business, Fusionworks tailors its solutions to meet specific business needs and objectives.
Ongoing Support and Training
Fusionworks delivers ongoing support and training, empowering your team with skills to maximize our technology solutions’ benefits, ensuring not just access to cutting-edge technology but also the expertise to fully utilize its potential.
Comprehensive Expertise
Our extensive knowledge and hands-on experience with Oracle EPM positions us as the go-to experts, adept at navigating the complexities from the private sector to the public sector. We understand the unique challenges and opportunities each sector presents, enabling us to deliver tailored solutions that transform data into actionable insights.
Resources
Integrations and Compatible Technologies
Oracle Cloud Enterprise Performance Management (EPM) offers a robust suite of integrations, enhancing its capability as a comprehensive tool for strategic planning and performance management. It seamlessly integrates with major ERP systems, including Oracle ERP Cloud and SAP, facilitating unified financial management and consistent data flow. Additionally, its compatibility with key cloud platforms like Oracle Cloud Infrastructure, AWS, Microsoft Azure, and Google Cloud Platform ensures scalability and flexibility in resource management. Oracle EPM also integrates with leading Business Intelligence tools such as Oracle Analytics Cloud, Tableau, and Microsoft Power BI, enabling advanced data visualization and in-depth business performance analysis.
In terms of database technologies, Oracle EPM is compatible with Oracle Database, Microsoft SQL Server, and others, providing robust data management and storage capabilities. It connects with data integration tools like Oracle Data Integrator and Informatica, aiding in comprehensive data consolidation and reporting. CRM system integration is also a key feature, with synchronization capabilities with systems like Oracle’s CRM solutions and Salesforce, enhancing customer data management.
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Achieve Peak Performance in Business with Fusionworks and Oracle EPM
Transform your financial planning, enhance operational efficiency, and make data-driven decisions that propel your business forward. Partner with us to navigate the complexities of today’s business environment and lead your organization towards a future of sustained growth and success. Take the first step in your journey to excellence with Fusionworks and Oracle EPM.
Juan Carlos Blanco
Director - Puerto Rico's Office of Management and Budget (PROMB)