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Oracle Enterprise Performance Management Cloud vs Planful comparison

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Financial Close Software
March 2024
Executive Summary

We performed a comparison between Oracle Enterprise Performance Management Cloud and Planful based on real PeerSpot user reviews.

Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software.
To learn more, read our detailed Financial Close Software Report (Updated: March 2024).
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767,847 professionals have used our research since 2012.
Featured Review
Prasad Bagaregari
Straightforward to set up with good security and good design
In 2019, a very big conglomerate in the energy sector used this solution. In this use case, the data was extremely dynamic in nature, due to the... Read more →
Anonymous User
It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the...
Our planning cycle used to take about six months, and a part of that was just having to develop templates in Excel, send them out to our various... Read more →
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management.""The initial setup is pretty straightforward."

More Oracle Enterprise Performance Management Cloud Pros →

"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."

More Planful Pros →

Cons
"Integration of AI, IoT, and RPA-based automation and prediction features with the solution will be a great plus. Oracle is continuously investing efforts in this direction and new features are being released on a continuous basis.""On the cloud, additional security is required."

More Oracle Enterprise Performance Management Cloud Cons →

"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."

More Planful Cons →

Pricing and Cost Advice
  • "Its licensing covers support and maintenance infrastructure as well."

    • More Oracle Enterprise Performance Management Cloud Pricing and Cost Advice →

  • "Right now, everything is on a three-year term contract, and that is our main cost."

    • More Planful Pricing and Cost Advice →

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    Questions from the Community
    What do you like most about Oracle Enterprise Performance Management Cloud?
    Top Answer:The solution offers well-integrated platforms for all disciplines of enterprise performance management.
    Read all 2 answers   →
    What is your experience regarding pricing and costs for Oracle Enterprise...
    Top Answer:The solution's licensing covers everything, including a basic number of users, monthly releases and upgrades to the system, complete support hosting infrastructure, system maintenance, and high system… more »
    Read all 2 answers   →
    What needs improvement with Oracle Enterprise Performance Management Cloud?
    Top Answer:Integration of more AI, IoT, and RPA-based automation and prediction features with the solution will be a great plus. Oracle is continuously investing efforts in this direction and new features are… more »
    Read all 2 answers   →
    Ask a question

    Earn 20 points

    Ranking
    3rd
    out of 27 in Financial Close Software
    Views
    686
    Comparisons
    315
    Reviews
    2
    Average Words per Review
    977
    Rating
    9.0
    15th
    out of 27 in Financial Close Software
    Views
    284
    Comparisons
    160
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Oracle EPM Cloud
    Host Analytics
    Learn More
    Oracle
    Planful
    Overview

    Gain the agility and insights you need to outperform in any market condition. Oracle Fusion Cloud Enterprise Performance Management (EPM) helps your mid to enterprise level company model and plan across finance, HR, supply chain, and sales, streamline the financial close process, and drive better decisions.

    Why Customers Choose Oracle Fusion Cloud EPM:

  • Gain value with the most complete cloud

    Comprehensively address your needs with functional breadth and depth across financial and operational planning, consolidation and close, master data management, and more

  • Use embedded intelligence to make better decisions

    Drive better decisions with scenario modeling and built-in, advanced analytics. AI and machine learning bring you data-driven insights to help you take action faster

  • Plan continuously across your business

    Seamlessly connect data across your entire organization so you can build forecasts and scenarios that update automatically as your bottom line changes.

  • Trust the acknowledged leader in Enterprise Performance Management

    Oracle EPM consistently tops analyst rankings; thousands of customers gain more value from running their EPM processes with Oracle in the cloud.

    • You need a financial planning solution that meets the structured demands of standardized financial planning and reporting requirements and regulations. Structured Planning with Planful automates labor-intensive planning activities in a complete cloud-based platform – giving your finance team control, consistency, and confidence in corporate financial plans.

    Sample Customers
    Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
    Tandem Diabetes Care, Reed Exhibitions, SkyGolf, Zep Inc., Thule, Stylesight, Schumacher Group, Parsons Electric, Nextag, Groupon
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization49%
    Financial Services Firm9%
    Computer Software Company7%
    Retailer5%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Manufacturing Company11%
    Healthcare Company11%
    Financial Services Firm8%
    Company Size
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise55%
    Large Enterprise38%
    VISITORS READING REVIEWS
    Small Business37%
    Midsize Enterprise16%
    Large Enterprise47%
    Buyer's Guide
    Financial Close Software
    March 2024
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    Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
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    767,847 professionals have used our research since 2012.

    Oracle Enterprise Performance Management Cloud is ranked 3rd in Financial Close Software with 2 reviews while Planful is ranked 15th in Financial Close Software. Oracle Enterprise Performance Management Cloud is rated 9.0, while Planful is rated 8.0. The top reviewer of Oracle Enterprise Performance Management Cloud writes "Straightforward to set up with good security and good design". On the other hand, the top reviewer of Planful writes "It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve". Oracle Enterprise Performance Management Cloud is most compared with SAP Business Planning and Consolidation, BlackLine, Workiva Wdesk, CCH Tagetik and Longview Analytics, whereas Planful is most compared with Anaplan, Adaptive Insights, Vena, Board and Prophix.

    See our list of best Financial Close Software vendors.

    We monitor all Financial Close Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.