Undoubtedly, enterprise performance management system helps organizations achieve desired results by helping them establish an impressive performance from all the aspects of business processes that take place within the enterprise premises. We all know that managing the performance of the organization requires a lot of things, including gathering data in the enterprise, analysis the gathered data and making sure that results are placed in real-time practice.
Oracle has been at the forefront of providing world-class enterprise performance management systems and solutions. Many of us might not be aware about Oracle EPM 11. In this post, we will see a detailed discussion on what is Oracle EPM 11 and what kind of benefits organizations can leverage from it.
What is Oracle EPM 11???
Oracle enterprise performance management (EPM) unifies conventional EPM and business intelligence (BI) while supporting a wide range of strategic, financial and operational management processes within the organization. It offers a complete and integrated system that help organizations manage and optimize the enterprise-wide performance, which at the end enable them to achieve a high level of management excellence by being smarter, agile and aligned towards the goals of the organization.
Apart from all new data integration capabilities, Oracle EPM solutions brings expanded locationization features for Asia Pacific, Latin America and other European Markets. Let’s see what kind of components EPM 11 suite bring for you.
EPM 11 is a great mssixture of Oracle EPM 11 BI+, an extensive business intelligence platform that incorporates financial, reporting, dashboards and analysis and is accessed via a thin client interface, with Oracle applications, a bunch of highly advanced integrated financial management applications for planning and modeling, consolidation and score carding and at last, Oracle EMP 11 Foundation services, which allows ease in managing EPM, scaling and deployment within all the departments, application, business units and locations.
What are the benefits of Oracle EPM 11?
EPM 11 comprises of tons of components starting from Heperion planning, Hyperion Strategic Finance to the Hyperion profitability and cost management. This enables it to offer plenty of benefits to the organizations including:
• It centralizes all the master data in a single and complete solution, which helps organizations minimize the business risk as data is secured and streamlined.
• It aligns corporate resources, improves financial controls and eliminates spreadsheets while ensuring timely and precise information accessible at the fingertips.
• It helps organizations increasing the end-user productivity while significantly changing the way EPM related information accessed, navigated and managed with all Microsoft Office software not just Excel.
• By empowering IT to maintain a licensed structure and the ability to deploy important capabilities in a single, modern and integrated EPM system, it helps enterprises reduce the cost of ownership.
• Offers more flexibility for the consumers in change management by enabling them to get benefit from what’s already created as well as the ability track compliance a significant feature for the organizations concerned.
With the help of the features, Oracle can deliver breakthrough performance management, and there is no doubt in that. What’s you thought on this? Share it with us!
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