Is Oracle’s EPM Cloud Service a worthwhile upgrade? Let’s explore the advantages of Oracle’s latest offering – Oracle Planning and Budgeting Cloud Service (“PBCS”).
The most significant change from traditional Hyperion Planning is that PBCS requires no onsite hardware, and can be entirely served from the cloud. This means there is zero infrastructure investment, and IT considerations such as patching and server updates are removed from financial planning. This cloud-based infrastructure reduces IT involvement, helping organizations to move finance forward.
Oracle PCBS also offers peace of mind through built-in disaster recovery and automated regular backups. PCBS’ backup solutions can be customized to meet organization data retention requirements, without interrupting budget office processes.
Best of all, there is no learning curve for existing Hyperion Planning users. Oracle PCBS replicates existing Hyperion Planning functionality including: Financial Reporting, configurable data input forms with rolling forecasts, and Excel ad-hoc analysis via the Smart View Excel Add-In. These features help integrate PBCS into existing workflows, for quick time-to-value and process continuity.
With a Bakerfield Solutions implementation, migration from existing Enterprise Performance Management applications couldn’t be simpler. Our experienced developers will help compress the implementation process in our OPBCS Quick Start Offering. The Bakerfield approach ensures business needs are fulfilled effectively and efficiently.
So, Why Upgrade to Oracle Planning and Budgeting Cloud Service?
- Enable finance teams to focus on finance
- Simplify IT considerations and eliminate infrastructure investment
- Easy migration for existing users, no retraining required
- Utilize the latest planning functionality including rolling forecasts, automated financial reporting, and more!
Are you ready to upgrade to PBCS? Please reach out through our contact page.
Or, give us a call today! 1.844.EPM.PROS