New Release of Oracle EPM System Provides Greater Functionality and Decision-Making Agility

Oracle Enterprise Performance Management (EPM) System Release incorporates key updates to the entire portfolio of EPM applications that enable organizations to engineer predictable performance, connect the enterprise, and further improve decision-making.

Oracle Enterprise Performance Management System comprises performance management applications, a suite of business intelligence (BI) applications, a common foundation of BI tools and services, and a variety of data sources – all integrated using Oracle Fusion Middleware. Businesses can choose among deployment options including cloud, on-premises, and hybrid models for the solution that best fits their needs.

The new release, Oracle EPM System Release, includes a major update to Oracle Hyperion Financial Management that delivers performance improvements as well as simplicity of deployment and administration. Oracle Hyperion Financial Management is now also available on Oracle Exalytics In-Memory Machine. With this addition, the entire Oracle Hyperion Financial Close Suite is available on Oracle Exalytics, offering simplified deployment, reduced TCO, and better performance through a close process with reduced errors. The release also adds new modules for supplemental data management and tax governance to give finance departments the ability to automate and streamline the end-to-end financial close process.

“As organizations become increasingly connected, the need for responsive planning and accurate reporting has expanded to a growing number of users beyond finance,” said Hari Sankar, group vice president of product management, Oracle. “The new release of Oracle Enterprise Performance Management applications is a significant step forward in our vision of helping our customers use best-in-class capabilities to plan and report with more certainty and flexibility across a wider base of users, improving their agility and business performance.”

For product datasheets, visit Oracle Hyperion Financial ManagementOracle Hyperion Financial Close Suite ,Oracle Hyperion Enterprise Financial Planning SuiteOracle Hyperion Financial Close ManagementOracle Hyperion Planning and Oracle Hyperion Tax Governance.