To help organizations harness the power of integrated financial planning and budgeting, business software maker Oracle has released Oracle Planning and Budgeting Cloud Service, democratizing access to world-class planning and performance management.
The company has announced the availability of its first enterprise performance management (EPM) solution offered in the cloud, Oracle Planning and Budgeting Cloud Service, which is part of the Oracle Enterprise Planning Cloud portfolio.
The 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, the Oracle Planning and Budgeting Cloud Service builds upon the 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.
?Since we previewed Oracle Planning and Budget Cloud Service to customers and partners last year, we?ve seen a tremendous interest in adopting cloud-based solutions to streamline budgeting and improve forecasting,? said Hari Sankar, vice president of product management at Oracle.
?Today?s general availability reflects our commitment to helping organizations of all sizes harness world-class enterprise performance management in the delivery model of their choice.?
