Enterprise Performance Management (2024)

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Gain the agility and insights you need to outperform in any market condition. Oracle Fusion Cloud Enterprise Performance Management (EPM) helps you model and plan across finance, HR, supply chain, and sales, streamline the financial close process, and drive better decisions.

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Enterprise Performance Management (2)

  • Oracle is a Leader in the 2023 Gartner® Magic Quadrant for Financial Planning Software

    Evaluating EPM vendors? Make an informed decision with the 2023 Gartner® Magic Quadrant for Financial Planning Software.*

    Access the financial planning report

  • Oracle is Leader in the 2023 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions

    Evaluating EPM vendors? Make an informed decision with the 2023 Gartner Magic Quadrant for Financial Close and Consolidation Software.**

    Access the financial close report

  • Oracle Fusion Cloud EPM 15-minute demos

    See how EPM provides organizations visibility and control of their business, from sales to supply chain to the workforce. See the lineup of live and on-demand demo sessions.

    See the full lineup

Oracle Fusion Cloud Enterprise Performance Management

EPM Platform

Oracle Cloud Enterprise Performance Management (EPM) Platform is a framework of the technical and functional components shared among Cloud EPM processes. It enables you to have a more unified user experience and simplified administration across different business functions.

See EPM Platform details

Truly connect all planning

Drive agile, connected plans—from scenario modeling and long-range planning to budgeting and line of business planning—that are built on best practices and advanced technologies.

See Planning product details

Gain a deeper understanding of costs and profitability

Understand your most profitable products or lines of business and, inversely, your biggest costs, to make more informed decisions about where to take the business. Build transparent allocation models for profitability analysis, shared service costing, IT financial management, tax transfer pricing.

Close your books faster

Adapt quickly to changing business and compliance requirements while delivering faster, more accurate, and transparent reporting. Leverage built-in functionality that covers the full spectrum of end-to-end close tasks.

See Financial Consolidation and Close product details

Streamline account reconciliation

Automate account reconciliations and transaction matching. Improve the efficiency and accuracy of your financial statements while addressing security and risk typically associated with the process.

See Account Reconciliation product details

Bring together tax and finance

Align tax with corporate financial reporting for better visibility and compliance. Deliver transparent corporate tax processes—including tax provision and country by country reporting (CbCR).

See Tax Reporting product details

Analytics and reporting, reinvented

Stay ahead of internal and external reporting requirements with narrative reporting for collaboratively authoring and publishing financial, management, and regulatory report packages.

See Narrative Reporting product details

Create planning and reporting applications to meet all your needs

Drive better decisions with the multidimensional analysis, planning, modeling, and reporting in Oracle Fusion Cloud Enterprise Performance Management (EPM). Oracle Cloud Freeform delivers the familiar power and flexibility of Essbase with the scalability and governance of SaaS. If you can imagine it, you can build it.

See Freeform product details

Take charge of your enterprise data

Manage business change with enterprise data management, including enterprise data governance, change data visualization, and hierarchy management.

See Enterprise Data Management product details

Agile Finance Transformation Training

Oracle + AICPA & CIMA created a new certificate series designed to teach you how to transition to the cloud and drive better business results while preparing your career for the future.

See how to save 15%

How Oracle Enterprise Performance Management helps you outperform with agility

Gain value with the most complete cloud

Comprehensively address your needs with functional breadth and depth across financial and operational planning, consolidation and close, master data management, and more.

See the value of the Oracle Cloud EPM suite (PDF)

Use embedded intelligence to make better decisions

Drive better decisions with scenario modeling and built-in, advanced analytics. AI and machine learning bring you data-driven insights to help you take action faster.

The future of finance is data driven. Are you ready?

Plan continuously across your business

Seamlessly connect data across your entire organization so you can build forecasts and scenarios that update automatically as your bottom line changes.

Get your Cloud EPM guide (PDF)

Trust the acknowledged leader in Enterprise Performance Management

Oracle EPM consistently tops analyst rankings; thousands of customers gain more value from running their EPM processes with Oracle in the cloud.

Get the EPM value report (PDF)

Enterprise performance management solutions

Connected enterprise planning

Today’s most successful companies are moving from siloed to connected planning—and seeing better business performance as a result. By providing a unified view of financial, operational, and line of business planning, Oracle Cloud Enterprise Performance Management (EPM) improves planning accuracy and makes your company more agile. Advanced technologies, such as AI, machine learning, and predictive analytics, enable finance teams to integrate real-time data into planning, eliminating delays in decision-making.

Connect. Align. Outperform.

4 big corporate finance strategy moves you should make now

CFOs and their teams are seeking innovative ways to spark business growth in a rapidly changing environment—and experts agree that their next moves should be big ones. This means pivoting to new business models; capitalizing on mergers and acquisitions or divesting underperforming assets; automating processes; or putting a stop to manual risk management that can compromise security and compliance. See how digital strategies and cloud solutions can prepare finance teams and their companies for whatever comes next.

How to make your move

Scenario planning—forecast beyond a crisis

As companies address ongoing disruption, they're faced with massive uncertainty. Forward-thinking CFOs and their teams are using scenario planning to eliminate some of the guesswork. This type of planning allows them to run faster, more frequent scenarios to examine potential impacts on the business.

Find your path forward

Is your IT organization an active partner with your business?

Oracle’s cloud-based IT financial management solution empowers CIOs to effectively run IT as a business, with capabilities that enable greater transparency into IT shared services and more insight to support IT investment decisions.

Read the solution brief (PDF)

Move Hyperion to the cloud for greater agility

To stay on top of innovation and remain agile, Oracle Hyperion customers are moving to a cloud-based EPM solution.

Move to Cloud EPM

What is enterprise performance management?

EPM software helps you analyze, understand, and report on your business. It provides management insights about your operational and transactional data.

What is EPM?

  • On-demand webinar: Pacific Life—Transform Finance and Data for Business Growth

    Hear about Pacific Life's ongoing finance transformation and growth story. from decision to execution. Gain insights and get tips for managing your own transformation.

    Watch the webinar now

  • Enterprise Performance Management (7)On-demand webinar: onsemi—Turn Your Finance Function into a True Business Partner

    Discover how planning and forecasting in cloud EPM improved decision-making and boosted collaboration at onsemi. Hear how they built an agile finance function to meet business needs.

    Watch the webinar now

EPM customer successes

See all customer stories

Learn why almost 10,000 leading corporations worldwide trust Oracle to run their mission-critical business functions.

Oracle Named a Leader in 2023 Gartner® Magic Quadrant Reports for Financial Planning Software and Financial Close and Consolidation Solutions

Jennifer Toomey, VP, EPM Product Marketing, Oracle

Oracle has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Financial Planning Software and the 2023 Gartner® Magic Quadrant™ for Cloud Financial Close and Consolidation Solutions. In both reports, Oracle was recognized as a Leader for its Ability to Execute and Completeness of Vision for Oracle Fusion Cloud Enterprise Performance Management (EPM).

Read the full article | Subscribe to the blog

Featured blogs

  • February 23, 20245 reasons companies switch to Oracle for automating the close
  • December 13, 2023Why Oracle closes its books twice as fast as SAP and Workday
  • November 13, 2023Oracle named a Leader for fifth time in 2023 Gartner® Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises
  • August 22, 2023Exploring the benefits of replacing SAP BFC with Oracle Cloud EPM Financial Consolidation and Close

View all

Resources

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Learn what's new in the latest EPM release

Review Cloud update readiness material to learn what's new in your EPM cloud service and plan for quarterly updates.

  • Readiness materials
  • Find out why Oracle has the best performance management applications
  • Learn why and how to build an EPM center of excellence (CoE)

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Access a library of documentation

Oracle Help Center provides detailed information about our products and services with targeted solutions, getting started guides, and content for advanced use cases.

See documentation

Enterprise Performance Management (26)

Join a community of your peers

Cloud Customer Connect is Oracle's premier online cloud community. With more than 200,000 members, it's designed to promote peer-to-peer collaboration and sharing of best practices, product updates, and feedback.

Join today

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Develop your Oracle Cloud EPM skills

Oracle University provides learning solutions to help build cloud skills, validate expertise, and accelerate adoption. Get access to free basic training and accreditation with the Oracle Learning Explorer program.

Start learning for free

Learning resources

  • Cloud EPM Training
  • Oracle Guided Learning
  • Cloud EPM Learning Subscription
  • Cloud EPM Certification

Enterprise Performance Management (28)

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On-premise products

Oracle Hyperion Planning, an agile planning solution that supports enterprise-wide planning, budgeting, and forecasting, provides a robust modeling framework to help businesses develop reliable financial forecasts and produce cost-effective enterprise alignment.

See Hyperion Planning

Pages

  • eBook: a business manager's guide to next generation cloud applications (PDF)
  • What is EPM?
  • Compare Oracle's SaaS applications vs. the competition
  • Close the books faster with Oracle Fusion Cloud ERP and EPM

The Oracle Playbook series

We've compiled the secrets to our people, process, and systems strategy. And we want to share them with you.

Get the details

Get started with Oracle Cloud EPM

Request a live demo

Get a live demo with an Oracle Cloud EPM expert.

Request a live Oracle EPM demo

Take a tour

Take a tour of Cloud EPM.

Start the EPM product tour

Contact sales

Talk to a member of our team about Oracle Cloud EPM.

Contact EPM sales

* Gartner, Inc., Magic Quadrant for Financial Planning Software, Regina Crowder, Matthew Mowrey, Vaughan Archer, December 8, 2023.

GARTNER is a registered trademark and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document.

Enterprise Performance Management (2024)

FAQs

What is enterprise performance management? ›

Enterprise performance management, or EPM, software specializes in budgeting, forecasting, and financial management. It provides data analytics, reporting, and forecast modeling so organizations can analyze, understand, and plan strategically for the business.

What is the ultimate goal of EPM? ›

The ultimate goal of any EPM strategy is to understand business performance. Automated, AI-driven data processes executed by modern EPM systems provide this insight in real time, meaning users can be confident they're looking at an accurate, up-to-date snapshot of company performance any time they access the data.

What is the difference between EPM and CPM? ›

The main difference is that CPM focuses specifically on providing a corporate-wide application of performance management for finance teams, while EPM addresses the performance of the entire enterprise, extending beyond the finance departments to sales, human resources (HR), marketing, and more.

What is the EPM process model? ›

EPM refers to the processes designed to help organizations plan, budget, forecast, and report on business performance as well as consolidate and finalize financial results (often referred to as “closing the books”).

What is EPM vs ERP? ›

ERP activities include manufacturing and customer relationship management. EPM systems focus on financial and operational processes. This makes them simpler and cheaper to deploy. Also, they coordinate financial planning and ensure financial consolidation.

What is the EPM framework? ›

EPM is a continuous cycle of management from the planning of business activities, by considering strategic objectives and options, through to allocating business resources to the most profitable areas, and then monitoring performance and taking corrective action.

What is EPM strategy? ›

EPM • a form of business planning that involves evaluating and managing an enterprise's performance to reach goals, enhance efficiency, and maximize business processes. It sounds simple enough, but there's a lot involved when trying to develop your own EPM strategy.

What is EPM principle? ›

The first and the most important principle of EPM systems development is the principle of a system. This means considering the object being examined as a holistic system which consists of certain components and interrelationships between them.

What are the responsibilities of EPM? ›

Job Description:

Provides solutions to complex business problems for area(s) of responsibility where analysis of situations requires an in depth knowledge of organizational objectives. Involved in setting strategic direction to establish near term goals for area of responsibility.

What is EPM in workday? ›

Enterprise performance management (EPM) software enables organizations to forecast, budget, plan, report, and analyze. Workday EPM software delivers flexibility, speed, and scalability to help organizations drive growth.

Is OneStream an EPM? ›

Onestream has proven itself as a wide range EPM platform. Besides financial consolidation, it can be used for many other reporting purposes because of it is a platform.

What is the difference between EPM and PPM? ›

EPM supports day-to-day project management whereas PPM supports overarching management of current and pending projects.

What are the basics of EPM? ›

Enterprise performance management (EPM) is the set of business practices, processes and tools that allow organizations to better plan and evaluate their strategic goals, including the following management processes: Budgeting, planning, forecasting. Modeling the value creation of a company.

What is EPM techniques? ›

Q9: Efficient portfolio management (“EPM”) techniques

A fund disclosing under Article 9 SFDR may include investments or techniques used for hedging purposes or relating to cash as ancillary liquidity, provided that they align with the sustainable investment objective of the fund.

What is EPM objective? ›

Implementing EPM in your organization is a strategic move to streamline financial processes, align strategic goals across departments, and enhance decision-making capabilities. It offers a holistic view of business performance, enabling leaders to make informed, data-driven decisions that drive growth and efficiency.

What is the EPM role? ›

The EPM (Enterprise Project Management) team is primarily responsible for aligning projects with strategic organizational goals, managing the project portfolio, optimizing resource allocation across the enterprise, and overseeing risk at an enterprise level.

What is performance management in ERP? ›

Individual performance management

It provides a real-time view of the company's key business drivers with the flexibility to define operational goals, targets and deadlines at an individual, role or organizational level.

What is the e performance management system? ›

E-performance management is the planning, implementation, and application of information technology in managing the PMS. E-performance management is a part of e-HRM or HR information system (HRIS).

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