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Recurring Revenue Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Elizabeth White, Zakia Bouachraoui

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Oracle Delivers Enterprise Financial Planning and Budgeting in the Cloud

Oracle planning and budgeting cloud service helps organizations adopt world-class planning with the simplicity of the cloud

Organizations that align operational resources with strategic priorities through integrated planning, budgeting and forecasting can substantially improve productivity and profitability. Yet adopting these best practice planning processes has been a challenge for businesses that rely on spreadsheets or disconnected point solutions. To help organizations harness the power of integrated financial planning and budgeting quickly and cost-effectively, Oracle has released Oracle Planning and Budgeting Cloud Service, democratizing access to world-class planning and performance management.

Oracle on Tuesday announced the general availability of its first enterprise performance management (EPM) solution offered in the cloud, Oracle Planning and Budgeting Cloud Service, part of the Oracle Enterprise Planning Cloud portfolio.

As the most robust financial planning application in the cloud, Oracle Planning and Budgeting Cloud Service opens up opportunities for organizations of all sizes to quickly adopt a world-class planning and budgeting solution with no CAPEX infrastructure investments, driving alignment beyond finance across the enterprise, with flexible deployment options and virtually no learning curve.

Part of Oracle Cloud, Oracle Planning and Budgeting Cloud Service builds upon the robust and proven functionality of Oracle Hyperion Planning, which includes agile forecasting, predictive planning, rich scenario analysis and interactive dashboards, by incorporating cloud-specific enhancements that:

  • Accelerate Deployments: Pre-built starter kits, intuitive application creation wizards, best practice design guides, interactive online help/tutorials and migration tools allow organizations to deploy robust planning applications in weeks, accelerating time-to-value.
  • Enable Adoption: With role-based interfaces and powerful Microsoft Office integration, users can perform planning, reporting and analysis via the Web interface or in Microsoft Excel, leveraging existing user competencies.
  • Simplify Administration and Maintenance: Built-in run time diagnostics for optimal design, automated scaling based on user demand, scheduled maintenance and managed software updates add operational efficiency and simplify application administration.

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