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Oracle adds data management services to EPM cloud

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Oracle is beefing up its Endeavor Efficiency Control (EPM) cloud with the release of a brand new cloud platform that gives control products and services for endeavor knowledge belongings.

Oracle mentioned the brand new Endeavor Knowledge Control Cloud brings enhancements to knowledge integrity and alignment to lend a hand enterprises reconcile monetary knowledge units after cloud adoption, mergers, acquisitions, reorganizations, and restructuring.

Adjustments to software metadata, dimensions, hierarchies, mappings and comparable attributes are regularly treated manually thru spreadsheets, electronic mail, and in-person conferences, Oracle mentioned in a press free up.

With the brand new addition to the Oracle EPM Cloud, the pitch is that finance groups can steer clear of handbook mistakes and inconstancies, and strengthen results, with centralized, self-service knowledge repairs and information sharing.

“As organizations develop and evolve, industry and finance leaders face an increasingly more complicated vary of demanding situations in managing and governing their endeavor knowledge belongings that can not be effectively addressed thru conventional approaches,” mentioned Hari Sankar, workforce vice chairman of EPM product control at Oracle.

“With OracleEnterprise Knowledge Control Cloud, we’re offering a contemporary platform that streamlines industry transformation efforts and permits organizations to take care of knowledge integrity, accuracy and consistency throughout all their programs.”

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