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Advice and Information for Finance Professionals

What’s New for EPM Customers at Oracle OpenWorld?

By Jennifer Toomey, Senior Director, Cloud Business Group, Oracle

As my colleague Anne Ozzimo recently wrote, “The role of finance is being disrupted… with finance operating models and skill sets evolving to support customer-first strategies and dynamic new business models.” New operating models, emerging technologies and skill sets will be a focus next week at Oracle OpenWorld, along with a wealth of information and customer stories for those involved in enterprise performance management (EPM).

Where should you start? We recommend beginning with the big picture: the ERP/EPM keynote, “Thriving in the Age of Business Model Disruption” (Monday, Oct 22, 11:00 a.m. - 12:15 p.m. at Moscone South - Room 153/155). Speakers from Office Depot, Dropbox, and Oracle will be discussing how EPM can help enable business model change and blaze the trail toward the intelligent enterprise.

How Do I Move from On-Premises to Cloud?

This year’s agenda is filled with case studies of customers who have successfully moved from Hyperion on-premises applications to EPM Cloud. Gather insights and strategies from other customers by attending our Customer Panel on Migrating to Oracle EPM Cloud. This practical session explores performance and migration considerations through two successful Oracle EPM Cloud migration and implementation case studies.

Oracle Financial Consolidation and Close Cloud is ready for prime-time, and many customers are moving from Hyperion Financial Management (HFM). Hear the Avis story in Ride Along with Avis on Its Journey to Oracle EPM Cloud. The session entitled Oracle Hyperion Financial Management to Oracle EPM Cloud: Financial Close explores the process in detail with a customer case study and helps dispel the myths and uncertainty.

On the planning side, hear how Hertz moved from Hyperion Planning to Oracle EPM Cloud and worked with Deloitte to build a depreciation engine for its entire fleet—something that would not have been possible in the on-premises world—in the session, Improved Business Outcomes: Moving from Oracle Hyperion to Oracle EPM Cloud.

There are many paths from on premises to the cloud, and you can hear about a few of these at The Modern Office of the CFO: Shared Tales from On-Premises to the Cloud. For example, Blue Cross Blue Shield of Michigan initially planned to migrate just its on-premises planning to Oracle Cloud and instead decided to improve processes including strategic modeling, financial close, and data management functions across the enterprise—and adopted other Oracle SaaS offerings. Dexcom approached its cloud journey as an opportunity to undergo a financial transformation: in addition to migrating Oracle E-Business Suite to Oracle ERP Cloud, Dexcom implemented Oracle EPM Cloud, including financial consolidation and close, account reconciliation, profitability and cost management, and enterprise planning and budgeting.

What’s New with Oracle EPM Solutions?

Emerging technologies like artificial intelligence, machine learning, and robotic process automation are on everyone’s minds. When you’re making a major investment in EPM, you want to know what you’re getting, now and in the future. To get the long-term view, come to Emerging Technologies in EPM. In this session, experts discuss how emerging technologies are opening up exciting new opportunities in EPM. The presenters will provide a forward-looking overview of innovation and automation across the full spectrum of EPM business processes, including planning and forecasting, financial consolidation and close, process orchestration, account reconciliation, and performance reporting.

For a more comprehensive overview, global VP of product management, Hari Sankar, will present the Oracle EPM Strategy and Roadmap. This session will cover functionality such as planning and budgeting, profitability and cost management, financial consolidation, financial close, external and internal reporting, and master data management.

If you’re not ready to migrate your on-premises EPM solution, make sure to attend Overview and Update: On-Premises EPM Applications and Roadmap. This session explores in detail the strategy and solution delivery roadmap for EPM on-premises applications, so you’ll know what to expect from your continued investment.

Got questions? Head to the Product Development Panel Q&A: Oracle EPM Applications. Here, the Oracle EPM Cloud development team will address your questions on product capabilities, release plans and roadmap, and related topics.

What Stories Will Customers Be Sharing?

One of the best things about Oracle OpenWorld is the opportunity to hear customers’ real-world success stories. This year we’re pleased to offer stories on virtually every topic area, in every industry.

Want to know how Oracle's latest EPM cloud solutions support the needs of enterprise organizations in healthcare and beyond? Come to Modern Healthcare in Oracle EPM Cloud to hear how Harvard Pilgrim Health Care went live with an integrated reporting, planning, and allocation solution powered by Oracle EPM Cloud.

If you’re in a government organization of any scale, get insight from Customers Present: EPM in the Public Sector. You can also learn about the City of Detroit’s experience of Improving Government Operations with the Cloud.

Here how Hilton Grand Vacations recently went through a divestiture that resulted in the need for new and improved close and reporting processes during Journey to the Cloud: Enabling Oracle EPM Cloud for Hilton Grand Vacations.

In another opportunity to learn from and with your peers, current Blackline users shouldn’t miss Case Study for Migration from Blackline to Oracle Account Reconciliation Cloud. You’ll learn how Tribune Publishing increased efficiency and successfully migrated a highly complex transaction matching solution, as well as its overall close and reconciliation solution, from Blackline to Oracle Account Reconciliation Cloud.

Finally, hear from customers about the newest EPM Cloud offering, Oracle Enterprise Data Management. Attend Customers Present: Oracle Enterprise Data Management Cloud Service to learn from Oracle Data Relationship Management and Oracle Enterprise Data Management Cloud Service customers about how they are solving challenges of migrating to or coexisting core information assets across hybrid, multi-cloud environments.

Why Not Create Your Own Agenda?

In addition to presentations, our popular Hands-On Lab sessions offer specific guidance on capabilities for financial close, enterprise planning, enterprise data management, account reconciliation, and more. Build your OpenWorld 2018 schedule and learn more here.

Register now for Oracle OpenWorld 2018.

 

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