Oracle Planning and Budgeting Cloud Valuable Features
The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford.
When employees in Mexico input their budget and forecasts, they only see the relevant products and processes applicable to their location. Similarly, employees in Kentucky have access to data pertinent to their operations. This functionality streamlines the user interface experience by dynamically filtering information based on relevance. It eliminates the need for users to sift through irrelevant options, akin to the inconvenience of scrolling through a lengthy dropdown menu to select a state when a simple text entry could suffice. Having that capability essentially means that the system recognizes your location, like being in New York, and automatically presents relevant information.
I think it's pretty powerful for where they are right now. It fits the bill for people seeking a solution for planning and budgeting. And it probably fits the bill better than most products out there. One of the nice things about it is its power and versatility. Anything you can do in a spreadsheet, you can do in this product. It has all the power of a spreadsheet and fixes issues like security, data integrity, and the standard errors in spreadsheets. So, taking away the drawbacks of Excel and replacing them with good features is a fantastic capability they have. Most people who get these products previously created all their budgets and forecasts in Excel. The fact that it's the next step in evolution speaks volumes about their development.
The tool incorporates AI functions encompassing budgeting, forecasting, and transactions at the macro and micro levels. On the other hand, OneStream seems more focused on reporting, planning, and budgeting functionalities. Oracle Planning and Budgeting Cloud's approach seems more holistic, leveraging its ERP products, while OneStream focuses more on specific functionalities relevant to its product offerings.
View full review »The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud. It makes creating reports much faster, and I find it convenient, especially for managing prepaid options, like getting another prepaid phone from QVC and easily integrating it into the system.
SH
Syed-Hassan
General Manager IT at Chase Up
The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides.
View full review »Buyer's Guide
Business Performance Management
March 2024
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MM
reviewer1806768
Functional Hyperion Administrator at a non-profit with 10,001+ employees
The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting.
View full review »RA
reviewer1699905
Regional Systems Manager (CIO) at a retailer with 5,001-10,000 employees
We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance.
We have a lot of Oracle systems that we are planning on bringing to the Oracle cloud. It is going to be easier for us to keep them updated and use the latest functionality.
View full review »RG
Ricardo Giampaoli
EPM/BI certified Consultant, Oracle ACE and TeraCorp Consulting CEO at TeraCorp Consulting
Well, the PBCS is almost the same as Hyperion Planning, with the exception that you don't have access to Essbase and to the relational repository. What you got is access to a web page where you can do your development. For me, as a developer, the most valuable feature is the Smart View Administrator add-in that allows me to load metadata very easy and very fast.
View full review »GK
Ghulam Khalid
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees
The workforce, the cube database, is the most valuable feature where you do planning for your headcounts. There is a direct connection now with the cloud that you can connect to the Workday system, which is HR. Most of the planning and budgeting is done around headcount. That is now available to you with the live data from HR.
View full review »JM
reviewer1760457
Hyperion Lead and Reporting Manager at a energy/utilities company with 201-500 employees
The product has a direct plugin to Microsoft Excel. The ease of pulling in data and reporting and ease of getting quickly at data at different levels is great.
The solution can scale.
The initial setup isn't too difficult.
The stability and performance are good.
View full review »MG
Michelle Gerberman
Hyperion Suite Manager at a construction company with 10,001+ employees
Beneficial analysis and easy to do management adjustments.
View full review »The most valuable features are the Planning forums, the ability to do all sorts of translation, and the ability to move data about with relative ease if the coding isn't too difficult.
View full review »I think the biggest value of the Oracle Planning & Budget Cloud Service is to accelerate a client to bring up their planning and budgeting solution online, because it is a cloud deployment option. Therefore, IT departments don't have to ramp up on strategies as they relate to infrastructure, training, and skills.
For an organization considering an EPM planning solution, they'll want a quick cloud deployment of P&BCS and run with it. They'll need an implementation partner if they don't have the skills to onboard that type of system. The quickness of the implementation is really where the value is.
View full review »It makes it easy for users to get through and see what they have to do next. There are caveats though, and it’s not all positive. Things happen behind the scenes with the input forms that are riddled with negatives.
View full review »We have labor queues and workforce planning as well as our complete budget and focus for different business areas in the company. It is adding so much value.
View full review »We find it valuable that all the features are combined into one system.
View full review »From a standardized input perspective, we’re very happy with it.
View full review »Buyer's Guide
Business Performance Management
March 2024
Find out what your peers are saying about Oracle, Workday, SAP and others in Business Performance Management. Updated: March 2024.
767,847 professionals have used our research since 2012.