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Oracle Enterprise Performance Management Cloud vs ReconArt comparison

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Buyer's Guide
Financial Close Software
March 2024
Executive Summary

We performed a comparison between Oracle Enterprise Performance Management Cloud and ReconArt 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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768,740 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 →
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Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
  • "Its licensing covers support and maintenance infrastructure as well."

    • More Oracle Enterprise Performance Management Cloud 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   →
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    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
    16th
    out of 27 in Financial Close Software
    Views
    257
    Comparisons
    182
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Oracle EPM Cloud
    Learn More
    Oracle
    ReconArt
    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.

    • ReconArt is a single-solution technology company providing a modern, enterprise-class, fully web-based reconciliation platform to a diverse, global client base of all industries and sizes. With our headquarters in the United States and offices in Europe, we provide solutions to the market since 2011.

    ReconArt’s integrated functionality supports all aspects of the reconciliation lifecycle based on industry best practices, regulatory standards, trends, and compliance mechanisms. Our client community is our greatest asset and we are very proud of our diverse Customer & Industry Profile. We continue to expand our footprint while ensuring full customer success by reinvesting into our core software product and learning from customer’s experiences and challenges in the reconciliation space.

    Sample Customers
    Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
    Asos, Coca-Cola, Fujifilm, Expedia, Workday, FCA
    Top Industries
    VISITORS READING REVIEWS
    Educational Organization49%
    Financial Services Firm9%
    Computer Software Company7%
    Retailer5%
    VISITORS READING REVIEWS
    Retailer20%
    Financial Services Firm13%
    Computer Software Company11%
    Construction Company7%
    Company Size
    VISITORS READING REVIEWS
    Small Business6%
    Midsize Enterprise55%
    Large Enterprise39%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise16%
    Large Enterprise58%
    Buyer's Guide
    Financial Close Software
    March 2024
    Download Free Report
    Find out what your peers are saying about Blackline, Workiva, Oracle and others in Financial Close Software. Updated: March 2024.
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    768,740 professionals have used our research since 2012.

    Oracle Enterprise Performance Management Cloud is ranked 3rd in Financial Close Software with 2 reviews while ReconArt is ranked 16th in Financial Close Software. Oracle Enterprise Performance Management Cloud is rated 9.0, while ReconArt is rated 0.0. The top reviewer of Oracle Enterprise Performance Management Cloud writes "Straightforward to set up with good security and good design". On the other hand, Oracle Enterprise Performance Management Cloud is most compared with SAP Business Planning and Consolidation, BlackLine, Workiva Wdesk, Longview Analytics and CCH Tagetik, whereas ReconArt is most compared with BlackLine.

    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.