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Oracle’s Recent Enterprise Data Management Updates

The recent updates for Oracle’s Enterprise Data Management platform offers a few new features to be aware if considering implementing the tool. Inclusion of Financials Cloud General Ledger Users can now manage descriptive flexfields (DFFs) for Financials Cloud General Ledger. Descriptive flexfields can be registered for Financials Cloud General Ledger applications and/or segments. The registration […]

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Top 3 Enhancements for EPM Automate

The May 2019 update for Oracle’s EPM Automate utility includes some key features to be aware of… Support for Mac OS — The utility can now be installed on Mas OS computers. Execute multiple instances from the same directory — The utility now supports executing multiple instances against a cloud environment from the same directory. […]

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Oracle Removes Ability to Create Composite Forms in EPBCS

Oracle had previously delayed the removal of the Composite Form creation in EPBCS, but starting in May 2019 the feature will officially be retired. The ability to edit pre-existing composite forms will remain. Additionally, users will still be able to migrate Composite Forms when moving from on-prem applications to the cloud. For more in-depth information, […]

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Resolving Essbase Error 1005000 in PBCS Business Rules

Using substitution variables to store folder directories and then referencing the variables in calc scripts/business rules has long been a best practice in the world of on-prem applications. For example, using a variable to store the path to a shared folder for a dataexport command. DATAEXPORT “File” “|” “&ExportServer/Sample.TXT” “#mi”; But cloud applications do not […]

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Oracle EDMCS Key Enhancements

Oracle’s commitment to rapidly expanding Enterprise Data Management Cloud Service (EDMCS) features can be seen in the latest updates to the SaaS offering. The enhancements outlined below represent a significant advancement in EDMCS’s ability to simplify dimension and hierarchy administration facing many organizations today.   Subscriptions Systematically applying dimension alignment across target systems is a […]

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EPM Automate’s Capabilities Are Expanding

Oracle continues to update EPM Automate on a regular basis. Today, we’re going to take a look at what some of recent updates have to offer Oracle Enterprise Performance Management Cloud customers.   What is EPM Automate? Before we touch on the latest enhancements, let’s explain EPM Automate’s purpose. EPM Automate is a command line […]

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Upcoming PBCS Updates You Need to Know

Update: As of the September update from Oracle, it’s been decided to postpone these updates until sometime in 2019. However, we still advise Oracle Planning & Budgeting Cloud customers to follow the recommendations outlined in this post.     If you are like me and read the updates listed in the What’s New document released […]

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Enterprise Data Management Cloud – Built for Business Users

Oracle’s latest Enterprise Performance Management (EPM) cloud offering, Enterprise Data Management Cloud Service (EDMCS), is the next generation application for interacting with enterprise data domains such as master data, reference data, dimensions, hierarchies, mappings, etc. What makes EDMCS so exciting? The answer lies in Oracle’s approach to provide a data management application that caters specifically to […]

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Data Relationship Management Versioning (Part 2)

In the first part of this series we covered the purpose of versioning and how easy it is to create new versions to provide periodic snapshots of hierarchies. Today, we’re going to discuss the typical life cycle of a version. The following image will help illustrate the concept. When a version is first created, it […]

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Data Relationship Management Versioning (Part 1)

The ability to create different versions of hierarchies within Oracle Data Relationship Management (DRM) is one of the tool’s biggest benefits. The definition of a version is simply the grouping of hierarchies. This simple, yet effective, function allows organizations to create versions for several different types of scenarios: Grouping of hierarchies based on time periods […]

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Why Oracle DRM is Essential for Managing Master Data (Part 5)

Every organization has a process for managing its data. It’s a must in today’s digital world. We all know this, but we also know that many organizations struggle with their data management processes. Especially those organizations that rely on common, multipurpose tools to do so. Email, phone calls, Excel spreadsheets, and ticketing systems can help facilitate the […]

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Why Oracle DRM is Essential for Managing Master Data (Part 4)

We’ve covered exports and validations so far in this blog series. Our next topic is centered on the ability to create attributes, or properties, in DRM. Some examples of properties include: – Address information for branch offices – FEIN numbers and currencies for legal entities – Account type for accounts in EPM and/or EBS applications […]

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Why Oracle DRM is Essential for Managing Master Data (Part 3)

Link to Part 1 Link to Part 2 One of our clients’ favorite features of DRM is the ability to configure custom governance rules for their dimensions. Without DRM, many organizations are forced to use manual enforcement coupled with inadequate tools such as Excel, Access, and SQL procedures. Simply maintaining these processes becomes a job […]

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DRM Quick Tip: Ordering Hierarchy Groups

Hierarchy groups providing a mechanism for managing hierarchies within DRM. In the simplest of terms, hierarchy groups are essentially folders of similar hierarchies. DRM administrators can create, modify, delete groups as needed. Below is an example of hierarchy groups from the hierarchy pane of the Browse task within DRM.

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Why Oracle DRM is Essential for Managing Master Data (Part 2)

This is a follow-up to the Part 1, which can be found here. In the previous post, we examined the three major components directly impacting MDM, specifically enterprise dimensions. People, Process and Tools (PPT). We’ll now expand on those components and how DRM solves many of the challenges associated with PPT. To help simplify things […]

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Why Oracle DRM is Essential for Managing Master Data (Part 1)

At a recent user conference, I was asked, “why do I need DRM in my organization?” A very interesting question with both a short and long answer. Let’s cover the short answer first… DRM (Data Relationship Management) provides organizations the ability to centralize the governance of enterprise dimensional master data while ensuring the data is […]

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