Tansy Brook, Director of Product Marketing at Oracle, shared the financial management success story of SRAM, a Chicago-based global manufacturer of high-end bicycle components. After many years of using Hyperion, SRAM decided to make the move to Oracle Financial Consolidation and Close Cloud (FCCS)—part of the Enterprise Performance Management (EPM) Cloud suite.

Montefiore Health System is an academic health system located in the Bronx, a borough of New York City. Over the years, it has also expanded in Westchester County and the Hudson Valley. It consists of 11 hospitals, a primary and specialty care network of more than 180 locations across Westchester County, the lower Hudson Valley and the Bronx, an extended care facility, the Montefiore School of Nursing, and the Albert Einstein College of Medicine.  

In Oracle’s fifth annual Enterprise Performance Management (EPM) Trends Report, more than half of the respondents (62 percent) have moved or will move their EPM processes to the Cloud within the next year. The report identified nine trends that have emerged within EPM.

Los Angeles Lakers Controller, A.J. Harris, shared how the Lakers utilized Oracle ERP Cloud and Oracle EPM Cloud to support the organization during a period when they were facing significant growth. The LA Lakers decided to use Oracle ERP Cloud shortly after Harris joined the team. They realized that their legacy system couldn’t support them through the growth phase that they were in. They knew that it was time to move to a Cloud platform that had Financials, Fixed Assets, and a BI tool in the EPM system that could assist them in building out their departments—including the basketball team.

You may find yourself asking, “What is Oracle EPM Cloud and how can it help my business?” EPM stands for Enterprise Performance Management, and it can help you analyze, understand and report on your business. EPM is critical for managing all types of organizations. It can link financial and operational metric and provide insights that ultimately drive strategies, plans and execution.

If you’re interested in moving to the Oracle Cloud but you’re not sure about Oracle Cloud pricing, you can calculate your potential cost savings on Oracle Cloud Infrastructure and get a personalized report today. Find the right Cloud and the right Cloud pricing for you.

The world of today’s workforce is quickly changing because of technology and the Cloud. New technology like AI, Machine Learning, Blockchain, and Internet of Things are emerging, becoming more popular, and changing business applications forever. Apps help organizations automate, process, and collaborate, and they are becoming more intelligent and adaptive.