The Growing Need for Enterprise Performance Management
Businesses are increasingly focusing on innovation rather than just cost-cutting, necessitating alignment between internal objectives and external stakeholder goals. Oracle's Enterprise Performance Management (EPM) system facilitates this transition by offering tools for collaboration and compliance, ensuring accurate financial results and forecasts.
Oracle’s Enterprise Performance Management System
Oracle provides an integrated performance management system that offers a unified view of data across financial and operational processes. This system includes performance management applications, business intelligence (BI) applications, and Oracle Fusion Middleware, delivering a comprehensive and flexible solution.
Challenges Addressed by EPM
Oracle's EPM system tackles challenges such as aligning goals, achieving compliance, and providing critical business information access for various organizational roles.
Comprehensive Suite of Performance Management Applications
Oracle's Hyperion applications support the entire management cycle, from goal-setting to reporting, enhancing decision-making and corporate performance. These applications integrate data from multiple sources and can be tailored to specific needs.
Business Intelligence Applications
Oracle's BI applications provide a single, integrated view of enterprise information, supporting various functions and industries. These prebuilt solutions enable rapid deployment and customization, enhancing insight and alignment across the business.
Business Intelligence Foundation
Oracle's BI foundation offers a scalable, web-native architecture that supports a wide range of reporting and analysis needs. It provides consistent metrics and efficient access to diverse data sources, supporting self-service BI.
Oracle Fusion Middleware
Supporting Oracle's EPM system, Fusion Middleware enables service-oriented architectures in diverse environments, enhancing business agility and insight.
Overview of Oracle's Enterprise Performance Management System
Oracle's EPM system is supported by Oracle Fusion Middleware and database technologies, providing a comprehensive software foundation for corporate growth, insight, and control. It integrates with existing systems to enhance decision-making, secure information, streamline compliance, and mitigate risks.
Benefits for Businesses
The EPM system offers consistent visibility into business operations, enabling improved performance and alignment with shareholder expectations. It enhances compliance, reduces risks, and improves forecast accuracy by eliminating spreadsheet errors. The system links strategies to plans and monitors execution for better decision-making and resource optimization.
Business Intelligence Capabilities
Oracle's business intelligence (BI) foundation and tools provide a comprehensive set of capabilities for reporting and analysis, integrating seamlessly with Microsoft Office. This allows for improved transparency, visibility, and decision-making through timely and accurate financial and operating results.
IT Advantages
Oracle's EPM system reduces total cost of ownership by simplifying systems management and support. It integrates with existing IT infrastructure, reducing costs by eliminating redundant tools and controlling software license and maintenance costs. Its modular architecture allows for a "start anywhere" approach, addressing immediate needs first.
Comprehensive Solution and Support
Oracle's EPM system is backed by a global team of experts providing implementation, support, and education services to accelerate ROI. Technical consultants design and deploy solutions, while support analysts and instructors ensure optimum performance and productivity.
Contact Information
For more information, visit oracle.com/bi or call +1.800.ORACLE1. Outside North America, visit oracle.com/corporate/contact for local office numbers.