Oracle Fusion Cloud Enterprise Performance Management (EPM) delivers the most complete Cloud EPM suite. Unlike other niche or incomplete offerings, Oracle Cloud EPM provides prebuilt solutions for connected enterprise planning across finance, operations, and lines of business, including HR, supply chain, IT, and sales, while delivering the breadth and depth of capabilities for all other EPM business processes, including financial consolidation and close, account reconciliation, tax reporting, enterprise data management, and reporting. Oracle Cloud EPM also helps you manage your environment, social, and governance (ESG) practices.
Our latest value of EPM survey of more than 500 finance professionals reveals that digital transformations have helped organizations get more done. Now, by using automation and best practice processes in Oracle Cloud EPM, organizations have more time for strategic priorities, such as connecting financial planning with line-of-business planning and environmental, social, and governance (ESG) initiatives.
Find out why companies have moved to Oracle Cloud EPM, how they streamlined their business processes, and the business benefits they achieved. Download the ebook to read the latest survey.
Businesses around the world look to their finance teams to provide guidance about where to invest and grow–especially in times of uncertainty. Only Oracle provides a full suite of cloud-based enterprise performance management applications to help you analyze, understand, and report on your financial position.
Compare OneStream to Oracle Cloud EPM and see why Oracle is the better choice for you.
Business advantages |
OneStream |
Oracle Cloud EPM |
Why this matters |
|---|---|---|---|
| One complete, unified, and complete cloud EPM application suite | Claims to support various EPM processes, but the majority are based on their “Solution Exchange” applications, which customers may need to further custom develop and support.1 | Includes a complete purpose-built SaaS EPM applications suite for critical business processes including planning, profitability, cost management, financial consolidation and close, account reconciliation, tax reporting, narrative reporting, freeform, and enterprise data management. 2,3 | A complete solution integrates management processes across the organization, aligning strategy with execution. Provides improved visibility and insight into all aspects of the business. |
| Planning, budgeting, and forecasting | Listed on their “Solution Exchange” page. Unclear if further custom development is required to be fully functional.4 | Purpose-built with comprehensive and innovative capabilities integrated across finance, operations, and lines of business. 5 | Enables you to make better decisions with goal-oriented, driver-based plans. Gain immediate insights into performance and best path forward recommendations with predictive planning. |
| Integrated business planning and execution (IBXP) | “IBP” is listed on their “Solution Exchange” page. Nothing specific to “IBPx” is promoted publicly. IBPx-specific capabilities may require additional custom development of their IBP offering.6 | Provides end-to-end planning capabilities for manufacturing companies, enabling them to achieve their long-, medium-, and short-term performance goals.7 | Connect your planning, execution, finance and operations. Transform plans into execution and monitor activity to detect unexpected events using IoT, AI, and prescriptive analytics. Simulate and evaluate alternative response to maintain or improve business targets. |
| Profitability and cost management | Nothing specific to “profitability and cost management” is promoted publicly. Unclear if further custom development of “Solution Exchange” app is required to be fully functional.18 | Purpose-built profitability and cost management applications are included in Oracle Cloud EPM.9 | You can allocate resources more effectively with a deeper understanding of costs and profitability.10 |
| Connected enterprise planning | “eXtended Planning & Analysis” is listed on their “Solution Exchange” page. Unclear if further custom development is required across all connected planning use cases.11 | Purpose-built finance and line-of-business applications, including sales, workforce, supply chain, and integrated business planning and execution.12 | Gain planning alignment and accuracy by leveraging built-in best practice capabilities across finance, operations, and line of business.13 |
| Connected financial consolidation and close | Claims similar capabilities. Features may vary depending on specific customer requirements.14 | Purpose-built, end-to-end connected consolidation and close is natively part of Oracle Cloud EPM.15 | Enables you to efficiently manage the consolidation and close, end to end. Helps ensure processes are dependable, correct, timely, transparent, streamlined, efficient, compliant, and auditable.16 |
| Account reconciliation | Listed on their “Solution Exchange” page. Unclear if further custom development is required to be fully functional.17 | Purpose-built account reconciliation is natively part of Oracle Cloud EPM.18 | Close faster by automating account reconciliations and transaction matching. Improve the efficiency and accuracy of your financial statements while addressing security and risk typically associated with the process.19 |
| Comprehensive tax reporting | Listed on their “Solution Exchange” page. Unclear if further custom development and 3rd party support is required to be fully functional. 20,21 | Purpose-built tax application is natively part of Oracle Cloud EPM.22 | Align tax with corporate financial reporting for better visibility and compliance. Helps you deliver transparent corporate tax processes—including tax provision and country by country reporting (CbCR).23 |
| Narrative reporting | Claims similar capabilities that may require additional setup,24 configuration and administration.25 | Purpose-built Narrative Reporting is natively part of Oracle Cloud EPM.26 | Helps you meet internal and external reporting needs. Collaborate across the report creation process to define, author, review, and publish management and regulatory reports.27 |
| Enterprise data management | No known native solution specific to “Enterprise Data Management” is promoted publicly. May promote 3rd party tools, which may cost extra and be based on a different platform.29 | Purpose-built and part of the Oracle Cloud EPM platform. However, enterprise data management is not limited to the EPM environment.30 | Respond and adapt to change faster by accelerating digital transformations, modeling potential M&A, chart of accounts redesign, and more. Pull or push enterprise data (e.g., master data, reference data, and hierarchies) to and from various systems, such as ERP, EPM, HCM, and data warehouses, whether they are cloud, on-premises, Oracle, or non-Oracle.31 |
| Next-generation technologies | |||
| Comprehensive Microsoft Office integration (Oracle Smart View for Office) | Provides some Excel integration. Unclear if integration with Oracle ERP/EPM and bi-directional data manipulation with Microsoft Office tools is supported.32 | Extensive Microsoft Office integration and comprehensive functionality provided by Oracle Smart View for Office.33 | Integrate ERP, EPM, and business intelligence data into Microsoft Word, PowerPoint, Excel, and Outlook. View, import, manipulate, distribute, and share data in Office-based interfaces.34 |
| Data integration | Claims some availability of integration options that are intended for technical “administrators and IT professionals” to setup.36 | World-class integration platform and services.37 | Easily integrate your critical sources into your Oracle Cloud EPM application, regardless of whether the source is on-premises, in the cloud, Oracle, or third party.38 |
| Advanced analytics and BI | Claims some availability that seems to be based on “Power BI”. Unclear what is purpose-built vs requiring Analytics & BI custom development.39 | Available in the industry-leading Oracle Analytics Cloud platform.40 | Oracle Analytics empowers business users, data engineers, and data scientists to access and process relevant data, evaluate predictions, and make quick, accurate decisions.41 |
| Embedded AI and machine learning | Claims availability42 but may be based on separate tools listed in their “Solutions Exchange”.43 Unclear what is embedded vs requiring custom development and if there are additional usage costs. | Native, comprehensive AI and ML infrastructure embedded in Oracle Cloud EPM Intelligent Performance Management Insights.44 | Empowers finance to become data driven, speed up data analysis to take faster action, and improve decisions with predictive planning.45 |
| Digital assistants (Chatbots) | Claims availability46 within their “SensibleAI Agents”47 tool listed in their “Solutions Exchange”. Unclear what is embedded vs requiring custom development and if there are additional usage costs. | Oracle Cloud EPM features an embedded, AI-guided digital assistant and advanced capabilities.48 | Helps teams work better and faster with instant responses, recommendations, and updates on critical tasks.49 |
| Cloud platform technology provider | Does not have its own Cloud infrastructure and is hosted by Microsoft® Azure. Unclear if additional licensing or usage fees apply. 50 | Natively managed by Oracle on Oracle Cloud Infrastructure.51 | Oracle Cloud EPM is fully developed and managed by Oracle delivering best-in-class security, scheduled updates, and uptime reliability. |
Customers are choosing Oracle for our purpose-built, best-in-class cloud EPM applications instead of a narrowly focused EPM development platform. Oracle Cloud EPM is fully connected, with AI-embedded capabilities, and built for flexibility with business users, not application coders, in mind.
Why settle for buying products from different vendors to fill incomplete EPM application gaps in order to get all the functionality you need? Or waiting for a costly, time-consuming, customized development effort? Take the next step and contact us to explore the vast benefits thousands of Oracle Cloud EPM customers are experiencing today.
See a side-by-side-comparison of why Oracle Cloud EPM leads where it matters.
1 https://www.onestream.com/solutions/
2 https://www.oracle.com/performance-management/
3 https://www.oracle.com/a/ocom/docs/applications/epm/oracle-epm-suite-solution-brief.pdf
4 https://www.onestream.com/solutions/planning-budgeting-forecasting/
5 https://www.oracle.com/performance-management/planning/#rc30p1
6 https://www.onestream.com/solutions/integrated-business-planning/
7 https://www.oracle.com/performance-management/planning/#rc30p8
8 https://www.onestream.com/solutions/profitability-analysis/
9 https://www.oracle.com/performance-management/profitability-cost-management/
10 https://www.oracle.com/a/ocom/docs/cfo-epm-planning-infographic-five-reasons.pdf
11 https://www.onestream.com/solutions/extended-planning-and-analysis-xp-and-a/
12 https://www.oracle.com/performance-management/planning/connected-planning/
13 https://www.oracle.com/a/ocom/docs/applications/epm/oracle-epm-suite-solution-brief.pdf
14 https://www.onestream.com/solutions/financial-close-and-consolidation-software/
15 https://www.oracle.com/performance-management/financial-consolidation-close/
16 https://www.oracle.com/a/ocom/docs/applications/epm/oracle-financial-consolidation-and-close-ds.pdf
17 https://www.onestream.com/solutions/account-reconciliations/
18 https://www.oracle.com/performance-management/account-reconciliation/
19 https://www.oracle.com/performance-management/account-reconciliation/
20 https://www.onestream.com/solutions/partner/enterprise-tax-reporting-inlumi/
21 https://www.onestream.com/solutions/tax-provision/
22 https://www.oracle.com/performance-management/tax-reporting/
23 https://www.oracle.com/performance-management/tax-reporting/
24 https://documentation.onestream.com/1375907/Content/ONC/Narrative%20Reporting/Narrative%20Reporting%20Overview.html
25 https://documentation.onestream.com/1375907/Content/ONC/View%20and%20Run%20Reports.html
26 https://www.oracle.com/performance-management/narrative-reporting/
27 https://www.oracle.com/performance-management/narrative-reporting/
28 https://www.onestream.com/partners/epmware/
29 https://blog.epmware.com/epmware-becomes-a-onestream-software-technical-partner
30 https://www.oracle.com/performance-management/enterprise-data-management/
31 https://www.oracle.com/a/ocom/docs/applications/epm/oracle-enterprise-data-mgmt-cloud-ds.pdf
32 https://documentation.onestream.com/8.4.0/Content/Design%20and%20Reference/Excel%20Add%20In/Getting%20Started%20with%20the%20Excel%20Add%20In.html
33 https://www.oracle.com/performance-management/smart-view-for-office/
34 https://www.oracle.com/performance-management/smart-view-for-office/
35 https://documentation.onestream.com/1375907/Content/SIC/Setup%20and%20Installation.html
36 https://documentation.onestream.com/1375907/Content/SIC/Overview.html
37 https://www.oracle.com/performance-management/platform/#rc30p3
38 https://www.oracle.com/performance-management/platform/#rc30p3
39 https://documentation.onestream.com/1388457/Content/PDFs/Power%20BI%20Connector_Instructions.pdf
40 https://www.oracle.com/business-analytics/
41 https://www.oracle.com/business-analytics/analytics-platform/capabilities/
42 https://www.onestream.com/ai/
43 https://www.onestream.com/solutions/onestream/
44 https://www.oracle.com/performance-management/platform/#rc30p5
45 https://www.oracle.com/a/ocom/docs/applications/epm/oracle-cloud-epm-insights-sb.pdf
46 https://www.onestream.com/blog/how-artificial-intelligence-helps-with-accounting/
47 https://www.onestream.com/solutions/sensibleai-agents/
48 https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cgsda/dig_asst_overview.html
49 https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/cgsda/dig_asst_introduction_110x6247eb86.html
50 https://www.onestream.com/resources/onestream-software/
51 https://www.oracle.com/cloud/