Oracle Fusion Cloud Enterprise Performance Management vs. PowerPlan

It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured success It is less appropriate where you have a single office environment with a single finance department working together. It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.

Incentivized

[PowerPlan is well suited for] Any Utility who handles their own Fixed Asset Accounting and Reporting. There are very few specialized solutions in this space that can handle this out of the box. Core functionality and support with PowerPlan are excellent. If you have a firm or service that handles a portion or the majority of your Fixed Asset Accounting and Reporting than this solution is overkill and costly for what you need. There may be other options also if you have a robust internal technology team that is comfortable developing another major fixed asset solution into what you need. Cloud Hosting is also not available at this time and will likely be several releases out and be a major redesign (unstable) at first.

Incentivized

• Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
• We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
• We don't need to upgrades every year and saved a lot on Hardware.

Incentivized

• Allow the use of retirement units for unitization out of the box.
• Align with Ferc Account and Reporting Standards
• Provide Dashboards that can be configured for different users or groups
• Functions well in a Project Centric Accounting Environment.

Incentivized

• The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
• Smartview interface is cumbersome for many.
• The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
• It is very costly in terms of licensing unlike other Oracle products.

Incentivized

• The backend technology is dated and requires specialized skills or PowerPlan assistance to develop on.
• UI is also outdated and not as visually appealing as users are now accustomed to.
• Reporting is basic in functionality and appearance.

Incentivized

We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.

Incentivized

It produces consolidated multi currency reports faster and more accurately whilst adding additional pivotal functionality. The Smartview reporting is a key for us and a flagstone of the application

Incentivized

EPM has been so far available all the time

Incentivized

The product performance is so far very good

Incentivized

Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!

Incentivized

I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.

Incentivized

Oracle Planning and Budgeting Cloud fared very well against Adaptive, Anaplan, and Host Analytics. We ultimately decided on Oracle due to its reputation and strength of existing customers. We are happy with our decision.

Incentivized

Oracle Financials (E-Business Suite) is a very Robust ERP solution that has better integration, reporting and functionality than PowerPlan. It also operates on a more Robust Technology Stack. The Fixed Assets Module is a great solution but lacks support for Utility Specific features and functionality, so much so that we chose PowerPlan to take over this specific functionality while still utilizing Oracle for the Majority of our Project and other Accounting Functions.

Incentivized

The product is scalable

Incentivized

• Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
• We now need less employees to manage the configurations of Oracle EPM Cloud.
• There have been many time savings as a whole to apply to more productive causes.

Incentivized

• Better Fixed Asset Reporting to Provide to Rate Commissions.
• Allowed us to embark on a major Unitization initiative and re-design of our retirement catalog.
• Focus the Support team on other technologies due to the stable nature and good vendor support.

Incentivized