Oracle EPM Cloud
• Oracle Enterprise Performance Management (EPM) cloud is a complete and connected solution, based on configurable business processes.
• Allows your company adapting to change in a competitive and changing environment.
• Oracle EPM Cloud implies a complete solution integrating all processes within your organization.
• The clear trend over the past years, is the evolution of platforms from Windows-based client/server systems to cloud, web-based applications.
Moving to EPM Cloud… Why?
• Decrease costs of hardware and IT, eliminating the need of that investment.
• Faster implementation and upgrades, which also reduce costs.
• On-premises finance applications can be a barrier to process innovation.
• Cloud services can push new application features to users immediately, leading to faster upgrades. This allows users to work with the latest version of the software.
• Improves agility in financial and operational EPM processes.
• Ease integration and ability to expand, increasing flexibility to meet changing needs.
• Enhanced user experience through a user-friendly environment.
Moving to the cloud takes careful planning. Amarante Consulting helps your organization to make the best decision based on your business needs.
Planning
Planning & Forecasting
• Goal-oriented and easy to create dashboards and reports.
• Ability to check the state of your business plan in a specific time.
• In-memory calculations and aggregations to refresh and update instantly all your data.
• Create customized models and connect different processes to integrate your planning, forecasting and reporting within your entire organization.
•A d-hoc and What-If scenario modelling. Predictive capabilities with different versions based on several assumptions.
• Powerful calculation engine.
Scenario Modelling
• Built-in scenario modelling capabilities.
• Evaluate the impact of strategic decisions on different financial scenarios.
• Built-in financial statements and scenario analysis that allows adding complex what-if modelling.
Financial Consolidation and Close
Close and Consolidation
• Configured to meet individual requirements that your organization needs.
• Predefined dimensions for analysis in detail.
• Dynamic out-of-the-box calculations and quick deployments.
• Combination of pre-seeded and customizable content.
• Easily accommodation of complex calculations and requirements.
• Flexible solution avoiding the need of complicated scripting.
• Management of key performance metrics across your organization.
• Trusted and transparent calculations, in combination with auditing and task segregation result in a strong compliance solution.
• Powerful consolidation features:
- Intercompany and equity eliminations
- Journals with workflow
- Currency translations.
- Built-in foreign exchange and currency translation adjustment calculations.
- Automated cash flow reporting and detailed tracking of data source.
- Multi-GAAP reporting.
Extended Close
• Supplemental data gathering.
• Capacity to track information in detail through signoffs, validation and drill-back from source.
• Ability to improve the whole process by monitoring, tracking and analysing tasks.
• Easily reporting to stakeholders in a timely and accurate manner.
• Fast and accurate insights.
Tax Reporting
Tax Provision
• Automation of your tax processes through calculation directly from the source.
• Complete tax package and workflow engine to collect data from all your organization regions.
• Strong control over the data collection procedure.
• Check the status of your tax provision process in real time.
• Calculation addressing global accounting principles and standards (GAAP or IFRS).
• Integrated with Tax Compliance Software, allowing to import and export data easily.
Country-by-Country Reporting Template
• Full transparency by populating data from any ERP finance system.
• Web-based template to collect data both automatically and manually.
• Workflow engine ensures process to be controlled and completed in time.
• Dashboards with KPIs.
• Integration with Narrative Reporting.
Tax Schedules and Dashboards
• Automated data collection, calculation and analysis.
• Pre-defined and custom dashboards for any tax metric.
• Constant Tax process improvement.
Tax Calendar
• Ability to maintain important dates in a single system.
• Workflows for collaboration with approvals.
• Integration with Microsoft Office for daily tasks.
• Secure cloud-based application.
• Access and rights limited by roles.
Oracle EPM Cloud Data Integration
• Integration with ERP applications.• Integration with source systems such as spreadsheets or databases.
• Financial decisions based on multiple sources.
• Integration with Microsoft Office.
Narrative Reporting
Oracle Narrative Reporting provides a complete solution for management, narrative and regulatory reporting.
Information Access
• Ability to integrate with existing Microsoft Office or PDF reports.
• Integration of data from multiple sources such as spreadsheets, databases, EPM applications and bot Oracle and Non-Oracle sources.
• Web-based report designer to create charts and grids from multiple sources.
• Trusted and consistent data.
Authoring
• Easy and intuitive to use.
• Flexibility to create grids, charts, reports and narratives.
• Ability to configure access permissions and version control in order to track the document lifecycle.
• Reusability of content in order to ease the maintenance.
• Powerful reports combining data with narrative content to produce actionable insights.
Review and Commentary
• Flexibility by performing review cycles.
• Comments for report packages or individual report sections.
• Robust framework for creating and editing comments.
Publishing and Delivery
• Easy to access reports and Ad Hoc analysis by mobile, web or Microsoft Office.
• Ability to create books of financial data by grouping reports.
• Narrative reports allow to reach financial decisions and insights.
• Ability to distribute reports at any point in a secure and auditable manner.
Regulatory Reporting
• Ability to manage XBRL taxonomies.
• Produce XBRL reports by tags in Microsoft Word and Excel.
• Validate XBRL tagging and check data by rules and calculations to generate accurate and compliant results.
• Ability to publish reports in multiple formats.
Oracle EPM Cloud Collaboration and Workflow
• Groups of users can work together in a report by distributing sections among them.
• Create notifications for users with task deadlines.
• Ability to check the report status and create process and approval flows by sections.
Enterprise Data Management
Oracle Narrative Reporting provides a complete solution for management, narrative and regulatory reporting.
Collate Enterprise Data from Contributing Applications
• Connect with business applications through adapters in an easy way.
• Import and export from connected applications.
• Ability to importing dimensions, lists an hierarchies.
• No need to validate data on entry level.
• Improve data quality by validating viewpoints.
• Record any change request for audit.
• REST API to automation and integration.
• Ability to configure different business perspectives to align changes.
Curate Changes to Enterprise Data Elements
• All changes can be made by users through requests.
• Create or change data, relationships,… by using requests.
• Use validations during requests.
• Visualize each request item, model it and associate actions.
• Use requests to submit new items or change them.
• Automated change orchestration.
Conform Changes Across Different Business Perspectives
• Ability to validate a request or the entire viewpoint in real time.
• Comparison and rationalization of different perspectives to analyse differences.
• Visual and rich user interface.
Consume Changes Among Downstream Business Applications
• Integration with connected applications with the ability to export dimensions and mappings.
• Ability to export files and download viewpoints.
• Collaborate and share, maintain files offline.
• Automated integrations via REST API.
• Available history for audit purposes.
Account Reconciliation
Reconciliation Compliance
• Manage account reconciliation processes at any level required by the business.
• Track the preparer and approver assignments for each reconciliation.
• Design workflows to distribute the account reconciliation process among teams.
• Use pre-defined or custom reconciliation formats.
• Flexible environment.
• Rule-based thresholds for automated certification and risk assessments.
• Check the progress and status of the process by using signoffs and approvals.
Transaction Matching
• Automated performance of high volume reconciliation.
• Save time, improve quality and reduce risk of reconciliation.
• Flexible rules for matching with custom thresholds.
• Suggested and custom matching.
• Manage variance and resolution of adjustments.
• Period-end balancing reports accomplishing compliance requirements.
Conform Changes Across Different Business Perspectives
• Ability to validate a request or the entire viewpoint in real time.
• Comparison and rationalization of different perspectives to analyse differences.
• Visual and rich user interface.
Consume Changes Among Downstream Business Applications
• Integration with connected applications with the ability to export dimensions and mappings.
• Ability to export files and download viewpoints.
• Collaborate and share, maintain files offline.
• Automated integrations via REST API.
• Available history for audit purposes.
Profitability and Cost Management
Allocation Engine
• Multiple source data combined with operational metrics and dimensions.
• Ability to execute complex requirements through enterprise quality.
• Detailed step validation reports, bringing transparency and control to your data.
• Integrity of data through a scalable solution.
• Secure application with role-based access and rights.
Model Builder
• Intuitive and simple to use and maintain, create or alter complex allocation rules using the best practice framework.
• Empower users by giving them ownership for rule building and data acquisition.
• Enterprise profitability analysis evolve as business evolves.
• Complete audit history by a secure repository and the auto-documenting feature.
• Changes can be made by business users.
• Drivers can be re-used across different business processes.
• Ability to use for the entire organization, divided by departments, products,…
Conform Changes Across Different Business Perspectives
• Ability to validate a request or the entire viewpoint in real time.
• Comparison and rationalization of different perspectives to analyse differences.
• Visual and rich user interface.
Consume Changes Among Downstream Business Applications
• Integration with connected applications with the ability to export dimensions and mappings.
• Ability to export files and download viewpoints.
• Collaborate and share, maintain files offline.
• Automated integrations via REST API.
• Available history for audit purposes.
