The Artificial Intelligence Revolution for Finance Oracle stands at the forefront of innovation, harnessing the power of Artificial Intelligence (AI) to revolutionize its Cloud EPM platform. At CloudWorld, the EPMIcast crew had the honor to interview Matt Bradley, Oracle’s SVP of Development and understand how Oracle is seamlessly integrating AI into its finance solutions. The conversation defines the intricacies of Generative and Traditional AI, illuminating their crucial roles within Oracle’s environment. Additionally, the episode shares compelling segments on Oracle’s AI security and its c ..read more

The STX EPM Fall Event included an insightful agenda of cutting-edge sessions. The main focus was Artificial Intelligence and its emerging capabilities across the EPM platform. Additionally, the EPMI and Oracle teams collaborated on EPM product demonstrations and roadmaps for Allocations, Account Reconciliation, and Narrative Reporting. Please contact the EPMI team if you would like a copy of the event’s presentations. Allocations Demo Tulsi Sachde, EPMI’s Director of Solution Engineering led a demo journey that covered Profitability Analysis, Tracing, Rules, and Scenario Modeling. Tulsi ..read more

During the early phases of an EPM implementation project, it is crucial to establish a well-defined project plan. When dealing with an Oracle Cloud implementation in a cloud environment, there are specific factors to consider, distinct from on-premises implementations. While cloud environments simplify certain aspects of project management, project managers must remain vigilant in addressing potential challenges and pitfalls. Configuring the Cloud EPM Environment Without the on-prem IT team involved, there might be some ambiguity regarding the responsibility for this task. Additionally, the e ..read more

Unlocking Oracle Cloud Integration EPMIcast welcomes Oracle Cloud EPM Integrations’ Director of Product Management, Mike Casey. In this episode, Minie Parikh, Chian Lin, and Mike discuss the use cases for integrations across the Oracle Cloud Platform. The cast examines Cloud tools and features like Pipeline, Integration Agent, and EPM Automate. The episode expands into topics like pre-built capabilities, third-party adapters, REST APIs, integrations in the Cloud versus Hyperion, Oracle Data Integrator (ODI), Oracle Cloud Infrastructure (OCI), and Enterprise Data Management (EDM). Stre ..read more

Typically, our clients opt to utilize the robust automation options that Oracle’s EPM Automate offer. However, utilizing EPM Automate and its script solutions requires access to a client server for housing automation scripts and installing EPM Automate. If the client does not have access to the Groovy scripting available in the Enterprise Cloud, there is another solution available. Oracle Cloud EPM can utilize REST APIs for automating a variety of EPM processes. You can find a complete list of use cases for REST APIs in the Oracle Cloud EPM, however, this blog post will detail the use of RE ..read more

By Karissa Jones Smart Lists provide a convenient way for users to select items from drop-down menus instead of manually entering data. The items in a Smart List are primarily used for informational purposes to flag or identify properties of a member. Smart Lists offer several advantages, such as reducing the need for additional dimensions and dimension members, facilitating data integration between modules, and enabling the capture of custom informational data. These features make Smart Lists a popular choice among Oracle Cloud Planning users, streamlining their planning processes and ..read more

What is Task Manager? Included in Oracle Cloud EPM’s license, Task Manager is an EPM tool that organizes, executes, monitors, and reports tasks and activities. Additionally, it provides visibility and automation for daily and repeatable business processes. In terms of implementation and user experience, Oracle’s templates serve as the blueprints for the creation of dashboards and recurring tasks. Stream this EPMIcast episode on all platforms! Popular Use Case! EPMI’s customers’ most common use case for Task Manager is for month-end close procedures. However, we have seen clients levera ..read more

After a 3-year hiatus, the Oracle EPM users local to the Bay Area gathered for a day full of EPM sessions at Oracle’s Santa Clara campus. Sponsored by EPMI and with speakers Marc Seewald and Shaji Puthanveettil from Oracle Product Development. Attendees tuned in for product roadmap presentations and hands-on technical sessions to sharpen their acumen in EPM. With representation from PayPal, AirBnB, Uber, and more, we were certainly excited to get the band back together. Marc started us off with “Reporting in Oracle Cloud EPM: The right tool for the right job.” EPM is a robust solution for ma ..read more

In the Life Sciences industry, financial planning, profitability analysis, and lifetime cost analyses are critical functions across clinical trials, pharmaceutical development, manufacturing, and more. The process of bringing a drug or medical device to market involves significant R&D investments, facility, and equipment expenses, and regulatory hurdles. Managing these aspects efficiently and accurately capturing cost is critical to realizing the value of any product or service. Oracle Cloud EPM is an enterprise solution that addresses the specific needs of research heavy Life Sciences or ..read more

onsemi is one of the world’s leading semiconductor manufacturers and is based out of the Phoenix, AZ area. Leadership at onsemi sought to improve the accuracy of their planning processes and migrate complex allocations from a homegrown tool. EPMI collaborated with onsemi to migrate their legacy planning application (EPBCS) to Oracle Cloud EPM Enterprise Edition. Workforce Planning EPMI and onsemi determined that a white glove approach would deliver the highest value due to the complexities in their operations. The project teams created a custom workforce cube, which accounted for the variety ..read more