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 […]
Posts Tagged ‘Planning and Budgeting Cloud Service’
EPBCS Deployment Considerations [Part 1]
Implementing a new financial planning suite introduces unfamiliar technologies and tools, and often significant changes to the planning processes as well. A solid change program is needed to ensure all stakeholders are engaged and capable of a smooth transition. Change management starts with executive sponsorship, but other key components are user training, communication plans, governance […]
EPBCS Administration – Key Areas of Interest
With regard to Enterprise Planning and Budgeting Cloud Service (EPBCS), topics such as master data, data management, security, and workflow are key areas of interest to administrators. Master Data EPBCS provides no less than four methods for administrators to add, modify, and delete master data (dimension members, attributes, hierarchies) in the applications. From a web […]
EPBCS Business Process Module: Projects
The Project module of Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS) is designed to support financial planning and forecasting for contract, capital, and indirect projects. The platform integrates project management systems and financial planning to support the complete project planning lifecycle. It has four components: Projects Summary Provides a full project view – both […]
EPBCS Business Process Module: Capital
Capital planning is an integral part of an organization’s annual planning and forecasting process and a key module in Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS). Capital planning considers the capacity of existing resources to support operations and the capital assets needed for expansion. The process flow is as follows: Existing Assets Recognize and […]
EPBCS Business Process Module: Workforce
Labor-related expenses are often the largest variable expense on the P&L, and consequently labor planning deserves its own detailed module on the Enterprise Planning and Budgeting Cloud Service (EPBCS) platform. Oracle’s Workforce module addresses four facets of the labor planning process: 1. Compensation Planning Configurable framework for compensation and benefits Plan by employee, by job […]
EPBCS Business Process Module: Financials
The Enterprise Planning and Budgeting Cloud Service (EPBCS) best practice planning framework begins with the Financials module. Recognizing that customers need flexibility when developing a bottoms-up plan/forecast, Oracle provides three methods for P&L planning: driver based, trend-based, or manual input. By selecting a few options for Balance Sheet and Cash Flow planning, customers can have […]
What is Oracle EPBCS?
The choice for larger organizations needing detailed, specialized models and real-time integration, Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS) extends the Planning and Budgeting Cloud Service (PBCS) platform. As the name suggests, it is a perfect fit for both corporate finance as well as operational planners. It enables operational planners to budget via several […]
EPBCS — Beyond Accounting and Finance
Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS) can be used to address needs beyond financial planning and analysis. Typical use cases in other corporate functions are: Sales: Sales and growth margins by customer, product line, and territory; collection and tracking of sales plans; price case modeling; compensation plans HR: Employee-related expense planning, integration with […]
How to Setup SAML v2 SSO on PBCS with ADFS as Identity Provider
SAML (Security Assertion Markup Language) is a XML-based open standard format to exchange authentication and authorization data between an identity provider (IdP) and a service provider (SP). A SAML-enabled web application allows browser single sign-on (SSO). We have had success implementing SSO for our clients with Active Directory Federation Services (ADFS) as the identity provider […]
Challenges in Financial Planning
It’s well known that many organizations invest a tremendous amount of time and energy preparing the annual operating plan. Mature finance organizations have moved beyond the annual plan to more useful monthly forecasts, rolling plans, and predictive analysis. Regardless of frequency, the budget and forecast cycle is often beset with the same issues: Errors manipulating […]
Elevate Your Budget Procedures with Oracle Cloud
I recently wrote a blog post on Perficient’s Healthcare blog about Healthcare Performance Management moving to the cloud and the impact the cloud is having on healthcare organizations. One of the components of my post was the reasons why CFO’s are considering the cloud. According to Gartner the issues driving CFO’s to consider the cloud are: […]