Friday Jul 15, 2016

What is the Missing Ingredient for the Successful EPM Recipe?

by Guest Blogger, Bart Stoehr

Practitioners have long been aware that Enterprise Performance Management (EPM) consists of a multidisciplinary set of processes. While EPM endeavors to meet multiple corporate objectives for a variety of business consumers, various software vendors have provided a wide array of tools to support the EPM journey. In an attempt to clarify the EPM landscape, Gartner recently announced that it is splitting its Corporate Performance Management (CPM) Magic Quadrant into two major categories. The new magic quadrants distinguish two CPM “recipes”:

+ Financial Corporate Performance Management (FCPM) has a primary focus on the processes for the preparation of external reports 2. It encompasses all the processes around the financial close activities, e.g., financial consolidations including intercompany transactions, reconciliations, disclosure management and regulatory reporting.

Strategic Corporate Performance Management (SCPM) is intended to provide management with tools to better manage and plan the organization’s activities3 . The tools include strategy articulation and management, financial and integrated financial planning, profitability modeling and improved performance reporting capabilities.

It is obvious that each CPM category has a different primary audience. FCPM’s processes are intended to gather results for external audiences; the results of the SPCM processes are most useful for internal audiences. But, the categories can also be distinguished by the timing of information that each supports.  FCPM tools help organizations better explain past performance, while SCPM tools provide information to help guide the organization’s future performance.

For the most part, specific accounting and finance processes naturally fall into one category or the other. But, Gartner’s CPM categorization shows “cost accounting and profitability analysis” in the FCPM category, and “profitability modeling” in their SCPM category.  Obviously, Gartner recognizes that each of its CPM recipes is improved through an understanding the operational causes of financial behavior. I call this universal discipline “operationally-based performance modeling” and it’s the common spice that provides the richness to each CPM recipe. Let me clarify.

Cost accounting and profitability analysis present results that help organizations explain past performance. These processes reveal answers to questions that cannot easily be obtained with traditional information available through the traditional financial close processes, e.g., “Which clients are profitable?”, “Which products are costing the most to produce?”. Most organizations find that these analytic processes are most powerful when used in conjunction with granular data from operational systems (like invoices, billing, customer support/sales/service, etc.) and operationally-based performance modeling techniques.

Similarly, profitability modeling uses operationally-based performance modeling techniques to help in planning and supporting business decisions for future direction. Profitability modeling supports the organization’s strategic planning by helping to answer questions like, “What is the organizational impact of selling more of Product X?”, “How would an improvement in client support processes impact the bottom line?”

Gartner’s new CPM categorizations recognize operationally-based performance modeling as an important spice in its recipes for financial corporate performance management and strategic corporate performance management. Now look at your own enterprise performance management. Is operationally-based performance modeling an important ingredient in your enterprise performance management recipes? If not, is time to add it to your organizational spice cabinet?

To learn more about how Oracle can help you with operationally-based performance modeling and Enterprise Performance Management,click here
1 Corporate Performance Management (CPM) and Enterprise Performance Management (EPM) are synonymous and used interchangeably in this article.
2 A complete description of Gartner’s Financial CPM can be found in Magic Quadrant for Financial Corporate Performance Management Solutions. 
3 A complete description of Gartner’s Strategic CPM can be found in Magic Quadrant for Strategic Corporate Performance Management Solutions.

Tuesday Jun 21, 2016

Oracle Enterprise Performance Management (EPM) Wins 2016 CFO Readers’ Choice Award

Directly on the heels of being named a leader in two of Gartner’s magic quadrants for the ability to execute - the first for Strategic Corporate Performance Management (Strategic CPM or EPM in our terms) and the second Financial Corporate Performance Management - Oracle Enterprise Performance Management (EPM) has now also received a prestigious 2016 CFO Readers’ Choice Award.

CFO Magazine Logo

CFO Magazine conducted their inaugural survey of readers to determine their preferred financial software products and service providers. Readers of the magazine were given the opportunity to vote for their favorite accounting firm, bank, consulting firm, 401(k) recordkeeper, insurer, EPM provider, and more.

Whether the reader has worked directly with the products or providers in a category or not, they were encouraged to vote for nominees based on their perception of how well they satisfy customers’ needs. The survey started in March 2016, and Chief Financial Officers and other finance executives were invited to cast their votes via email. The returned ballots listed more than 250 nominees in 20 categories.

“This is the first year of our awards program, and we are pleased by the response from our readers,” said CFO editor-in-chief Edward Teach. “The winners are all outstanding companies, but the vote was close in several categories, which speaks to the overall quality of the nominees.”

Oracle Enterprise Performance Management (EPM) is a constantly evolving group of solutions for budgeting, planning, and forecasting; financial close and consolidation; financial and management reporting and disclosure; profitability modeling; and strategic planning and forecasting, and now, with the advantage of also being available in the cloud, are even more convenient, secure and cost effective.

According to Gartner, Oracle’s EPM suite provides all this and more, in on-premises, software-as-a-service, and hybrid cloud versions, and according to CFO Magazine, “it won our readers’ nod, too”.

For more information on Oracle Enterprise Performance Management (EPM), click here.

If you're interested in learning about the latest in EPM trends, we invite you to read our paper, Enterprise Performance Management Top Trends for 2016.

Tuesday Jun 07, 2016

Gartner Positions Oracle as a Leader in Both Gartner Magic Quadrants for Financial and Strategic EPM

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

[Read More]

Friday Apr 10, 2015

Gartner Positions Oracle as a Leader in CPM Suites

On April 2, Gartner released its 2015 Magic Quadrant for Corporate Performance Management Suites report. In the report, Oracle was recognized as a Market Leader for the ninth consecutive year.

Gartner’s Magic Quadrant reports position vendors within a particular quadrant based on their completeness of vision and ability to execute. In this year’s report, among the market leaders, Oracle is positioned with the highest ability to execute and the strongest in completeness of vision.

Gartner has the following observations about the Corporate Performance Management space this year:

“Each year, Gartner emphasizes the most impactful market factors when considering each vendor's scores. This Magic Quadrant stresses capabilities in three primary areas of market evolution. The first is the cloud. The CPM suite market is shifting toward cloud-based solutions that deliver a shorter time to value and improved ease of use. The ability to provide cloud-based solutions and vendor experience with supporting these solutions factored heavily in this market study. The second primary area of market evolution reflects vendor ability to provide more comprehensive strategic financial planning support. The third primary area of market evolution is analytics.”

Oracle enterprise performance management applications are an integrated, modular suite that supports a broad range of strategic and financial performance management processes and helps organizations drive digital transformation and generate value for the business. 

Click here to learn more:  Report

For more information about Oracle’s Enterprise Performance Management Applications please go to

Tuesday Feb 03, 2015


2014 was a busy year for Oracle EPM, with new product launches, research studies, as well as customer events like Oracle OpenWorld. Let’s look back at the top highlights.

1. Oracle released Planning and Budgeting Cloud Service (PBCS). No longer are organizations constrained by their hardware and IT resources – organizations embraced the idea of SaaS for company-wide planning and budgeting in 2014. With Oracle Planning and Budgeting Cloud Service, companies can access world-class planning with the simplicity of the cloud. Find out more about PBCS in this ebook or get details here.

2. Oracle released its 2014 EPM Trends report
. Oracle surveyed hundreds of IT and finance decision makers to learn about their Enterprise Performance Management plans for 2014—both within the Oracle customer base and the industry at large. Respondents provided specific feedback on their current use and plans for financial planning, budgeting, forecasting, costing, financial close, use of technology and the cloud, sustainability reporting and more. From this data set we compiled the following trends link.

Oracle was again recognized as a Market Leader in the 2014 Gartner Magic Quadrant for Corporate Performance Management Suites .  For the eighth consecutive year, Gartner recognized Oracle as a Market Leader in its 2014 Magic Quadrant for Corporate Performance Management Suites.  In this year’s report, among the market leaders, Oracle is positioned with the highest ability to execute and the farthest in completeness of vision. To view the report, click here.

4. Oracle published The OVUM EPM ROI Study.
This comprehensive study of large, experienced EPM customers provided very tangible best practices and results. For example, Oracle Enterprise Performance Management delivers >200% return on investment. Oracle Enterprise Performance Management delivers +NPV by the end of Year 1. For more details and results, click here

5. Oracle published the CFO Research Report: Modern Finance in the Digital Age.

In the new era of cloud, social, mobile, and big data technologies, the CFO is uniquely positioned to create modern, technology-enabled business models and stronger C-suite collaboration. Learn more about the best practices CFOs must apply to create an effective modern finance organization. Click here.

6. Oracle announced B/E Aerospace as the 2014 EPM Innovation Award Winner.
In just nine months, B/E Aerospace completed a full-scale implementation that was delivered on time and under budget. As a result, they were able to reduce by 80 percent the amount of time it takes to mine data from more than 30 sources, plus, they can acquire new companies and integrate their financials in three to four weeks instead of six months—dramatically speeding assimilation and reinforcing their acquisition strategy. All strategic and financial goals were met on time and, in some cases, under budget. To learn more about our winner, watch this video
7. EPM goes Mobile!
Today’s businesses need to identify business performance insights and optimize decisions anywhere, anytime. The mobile capabilities in Oracle’s EPM System deliver these insights and unlock productivity gains and business value across the enterprise. View EPM Mobile capabilities in this video or click here for details.

8. Oracle announced its new Operational Transfer Pricing solution.
Operational Transfer Pricing is a profit allocation methodology required of multinational corporations. Specifically, the ultimate goal of transfer pricing is to ensure that intercompany allocations result in true economic profitability by legal entity. In today’s global economy, profitability can be significantly impacted by goods and services exchanged between the related divisions within a multinational company. For more information, listen to this podcast, or click here for more details.

9. Oracle OpenWorld video series published on YouTube.
There are so many excellent presenters at Oracle OpenWorld each year, but it is impossible for some to attend the event, and impossible for those that do attend to get to every session. Many of our Business Analytics speakers agreed to share some of the highlights of their presentations so that everyone would have a chance to learn. To view videos, click here.

Collaborate 2014 video series published on YouTube.
Collaborate is a North American conference comprised of the three major Oracle User groups – IOUG, OAUG and Quest. For those that missed a session or the conference, several speakers shared their Business Analytics presentation stories with us on video, and they were published on our Business Analytics YouTube channel. To view videos, click here.

As we move into 2015, there are many exciting developments in store, and you can expect to see us talking more about cloud and new digital technologies in EPM.

Monday Feb 25, 2013

Gartner Positions Oracle as a Leader in CPM Suites

On February 14th Gartner released their 2013 Magic Quadrant for Corporate Performance Management Suites report. In the report, Oracle was recognized as a Market Leader for the sixth consecutive year.

Gartner’s Magic Quadrant reports position vendors within a particular quadrant based on their completeness of vision and ability to execute. In this year’s report, among the market leaders, Oracle is positioned with the highest ability to execute and the strongest in completeness of vision.

Here’s an excerpt from the report with some comments about Oracle from Gartner:

“Oracle is a Leader in CPM suites, and the Hyperion brand is respected by finance executives worldwide. Oracle has a very broad and deep CPM product suite, which employs a multiproduct approach with different applications for each of the major CPM processes; however, these products employ a common foundation and administrative components. The vendor has a well-established partner channel and Hyperion skills are plentiful among the consultant community, given the well-established products.”

Oracle Hyperion Performance Management Applications are part of Oracle Business Analytics, which combine market-leading enterprise performance management applications with business intelligence tools and technology and analytic applications to help organizations strategize, plan and optimize business operations and achieve better business outcomes.

Click here to learn more:  reportpress release

For more information about Oracle’s Hyperion Performance Management Applications please go to


This blog will highlight key EPM market trends, recent events and other news of interest to our field, customers and partners.


« July 2016