Oracle EPM vs SAP Analytics Cloud

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Our analysts compared Oracle EPM vs SAP Analytics Cloud based on data from our 400+ point analysis of EPM Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Oracle EPM is a comprehensive cloud-based suite of applications designed to automate and streamline core enterprise performance management processes. It caters to organizations of all sizes, particularly those seeking to gain deeper insights into financial data, improve budgeting and forecasting accuracy, and optimize operational efficiency. Key benefits include enhanced financial reporting, centralized data management, improved collaboration, and real-time visibility into performance metrics. Popular features include a user-friendly interface, advanced analytics capabilities, and integration with other Oracle Cloud applications. User reviews highlight the platform's scalability, robust functionality, and strong customer support. However, some users note the complexity of the software and the need for specialized training. Pricing varies based on the specific modules and deployment options chosen. On-premise implementations typically involve upfront licensing fees, while cloud-based subscriptions offer pay-as-you-go models.

Pros
  • Scalable
  • Robust functionality
  • User-friendly interface
  • Advanced analytics
  • Strong customer support
Cons
  • Complex software
  • Requires specialized training
  • High cost
  • Limited customization options
  • Integration challenges
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SAP Analytics Cloud is an augmented analytics solution that uses machine learning technology to generate data visualizations and simulate predictive scenarios. It provides every member of an organization with access to automatic, interactive insights via natural language processing. Powered by artificial intelligence, it helps businesses make decisions with confidence by exploring what-if possibilities based on historical data.

There are multiple plans available with different functionality levels, so businesses can choose the subscription that provides the best fit for their needs.
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$250/User, Monthly
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$36/User, Monthly
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Tailored to your specific needs
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Windows
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Android
Chromebook
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Linux
Android
Chromebook
Cloud
On-Premise
Mobile
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Mobile

Product Assistance

Documentation
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Live Online
Videos
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Videos
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Email
Phone
Chat
FAQ
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Knowledge Base
24/7 Live Support
Email
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Knowledge Base
24/7 Live Support

Product Insights

  • Enhanced financial reporting accuracy and transparency: Get a clear, accurate picture of your financial health with automated reporting tools and real-time data insights.
  • Improved budgeting and forecasting capabilities: Make better-informed decisions by leveraging data-driven forecasts, scenario planning, and collaborative budgeting tools.
  • Streamlined financial consolidation processes: Simplify and accelerate your financial close with automated consolidation workflows, centralized data management, and real-time reporting.
  • Increased operational efficiency and cost savings: Optimize resource allocation, identify cost reduction opportunities, and improve overall operational efficiency.
  • Enhanced collaboration and communication across departments: Break down silos and foster collaboration with a unified platform for sharing financial data, insights, and goals.
  • Real-time visibility into performance metrics and trends: Gain constant insights into key performance indicators and track progress towards strategic objectives.
  • Enhanced decision-making capabilities: Make data-driven decisions with access to actionable insights, real-time data visualizations, and predictive analytics.
  • Reduced risk of financial errors and fraud: Improve financial controls, strengthen compliance, and minimize the risk of financial errors and fraud.
  • Improved compliance with regulatory requirements: Efficiently comply with complex financial regulations with automated compliance tools and pre-built reports.
  • Scalability to accommodate future growth: Adapt to your evolving business needs with a flexible platform that can scale to accommodate future growth.
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  • Increase Efficiency: Automatically generates relevant explanations and insights, saving time for those who would otherwise spend it slicing and dicing data to find that information.
  • Smarter Analytics: Digs deeper and thinks smarter with data thanks to machine learning technology that powers its Smart Predict, Smart Insights and Smart Discovery modules.
  • No IT Training Needed: Discover insights through natural-language processing which eliminates the need for cryptic queries. Easily access augmented analytics, irrespective of skill levels in data science or visualization.
  • Anticipate Problems: Detect risks and avoid issues before they happen through predictive forecasting and alerts.
  • More Informed Decisions: Determine the best course of action through AI-powered capabilities that take the uncertainty and guesswork out of decision-making.
  • Visualize Impact: Software algorithms identify key influencers and make it easier to see what drives business and what impacts the bottom line the most.
  • Work Better Together: Collaborate through the cloud, keeping in constant communication to get the job done together.
  • Free Trial: Download a 30-day free trial version from the vendor's website.
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  • Planning: Use dashboards to get insights into performance and predictive strategizing to understand how to drive the business ahead. Connect various aspects of the organization and understand how every decision impacts profitability. Verify assumptions and minimize risks with free-form modeling at scale. Structure multiple scenarios and implement accounting intelligence. 
    • Monte Carlo Simulations: Check the possibility of plots and make well-informed decisions. Automate asset-related expenses and plan efficiently for intangible assets. Review capital expenses and check impacts on cash flow, balance sheets, income statements and more. Track project performance with detailed metrics and minimize decision latency with real-time strategy and execution details. 
    • Integrated Business Planning And Execution: Establish a connection between finance, planning, execution and operation. Apply data science and machine learning to improve decision-making and speed up data analysis. 
  • Profitability and Cost Management: Invest in the right resources by analyzing which customers, products and other factors are boosting profit. Make better IT decisions by gaining insights into IT expenditure and shared services. See where money is allocated by providing shared-services prices to different departments. 
    • Automatic Price Recording: Model regulatory value by calculating and automatically recording price for overhead rate justification, jurisdiction profitability, negotiations and more. Create and maintain profitability and price structure without scripts or coding, but with point and click actions. Quickly transform assumptions and allocation methods without re-building layouts or relying on IT services. 
    • Optimization: Optimize profitability by modeling changes like adding new customers and products, changing delivery positions and more. Analyze and understand which drivers and methods affect the bottom line. Keep an eye on allocation details with money and profitability maps. 
    • Security: Make sure that only authorized people have access to data with cloud-based applications. Add new dimensions and segments as the company grows. Merge monetary data with metrics and business drivers while running step-by-step validation reports. 
    • Accessibility: Ensure accessibility with a mobile workforce and configure dashboards to analyze the most current data. Identify gaps and what is helping the bottom line with pre-built graphs and KPIs. Perform variance analysis and optimize profitability. 
  • Financial Consolidation and Close: Automatically calculate cash flow, balance sheets and reduce customization needs. Implement a pre-configured consolidation model to meet global requirements like IFRS and GAAP. Simplify complex consolidation and boost the precision of information by re-classifying, adjusting and eliminating data for accuracy and speed. Track KPIs by creating calculations for organization-specific requirements. 
    • Automate Consolidations: Minimize manual work by automating consolidations in the background. Add details to reports with a narrative commentary. Ensure transparency and compliance by enforcing segregation of duties, calculation and user-activity logging. Keep track of what changes have been made and by whom. 
  • Account Reconciliation: Automate and meet compliance requirements of high-volume transactional reconciliations. Match details of millions of transactions in minutes with an automatic engine. Speed up the matching process by confirming or declining auto-suggested matches. Develop flexible matching rules for a single or group of transactions. 
    • Automate Reconciliations: Simplify reconciliations by defining data sources and attributes for unlimited items. Save time by automatically creating journal entries. Increase accuracy by automating repetitive reconciliations like zero balance and low risk. Identify outliers that might be potentially slowing down the financial close. 
    • Compliance: Get global auditability and ensure compliance is being met with reconciliations logged in the application. Create separate profiles for each account with variances without any custom code. Control the entire process and keep the team on the same page with built-in workflows. Get the flexibility to meet specific business requirements with a pre-built format. Make intercompany reconciliations automatic and enhance close cycle effectiveness with operational and compliance dashboards. 
  • Tax Reporting: Directly access records from general ledgers and use the most current data to calculate correct tax provisions. Comply with GAAP and IFRS requirements. Minimize manual processes by directly importing tax-return details from the software. Add country-by-country data from the consolidation system. Analyze tax data from pre-built KPIs on the dashboard. Incorporate reporting details and collaborate with users around the world on local files. 
    • Provision Automation: Automate processes like research and development, tax position, compliance, provision. Develop and maintain a calendar for important tax processes like audit management and tax compliance. Evaluate price associated with transportation, handling and insurance to implement the most cost-effective shipping option. 
  • Native Reporting: Access data directly from Oracle and non-Oracle sources like spreadsheets or applications. Create a consistent and controlled process by making use of existing reports. Send a single report by combining statements and data with textual narrative. Provide authors with accurate data and add multiple writers to documents. Reuse common content by using previous reports and ensure centralized maintenance of dates, data and text. 
    • Tracking and Sharing Reports: Track report statuses on mobiles and the web. Develop reports with complete audit trails and insight into transformations. Collaborate on content and create conversational threads to carry into the entire review circle. Share reports with stakeholders at any point of development. Produce briefing books and financial record books that can be accessed via mobile, web or desktop interface. 
  • Enterprise Data Management: Establish connections between Oracle and non-Oracle applications using adapters. Import lists and save time spent validating data entry. Cross-check viewpoints to boost the quality of applications within the organization. Sign requests with shopping cart interfaces. Implement custom application validations to keep track of notes during requests. 
    • Tagging and Communication Threads: Make changes to existing items and submit new items with a single click. Tag participants and send real-time email notifications with @ references. Use communication threads to keep track of activities. Ensure security with detailed, permission-based access to applications. Compare and understand differences with a side-by-side layout. 
    • Drag and Drop: Make transformations to viewpoints within and across applications with drag and drop or fill out the details using an automated workflow. Download viewpoints to desktop files and reload to conduct mass updates. Script automated integrations with REST APIs. Boost transparency by configuring data access for external auditors. 
  • Enterprise Resource Planning: Use datasets to predict, detect and act on uncertain and unpredictable situations. Speed up overall response time by uncovering significant deviations and revealing otherwise hidden information and bias. Eliminate manual processes with automation and invest more time understanding the data instead of entering it. 
    • AI Digital Assistants: Simplify and boost common and repetitive tasks with AI-powered digital assistants. Clear approvals faster by customizing tasks and over budget notifications. Identify trends and launch models accordingly. Keep track of results in real time and refine the approach as the business progresses. 
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  • Data Preparation: Alerts as to possible errors and automatically cleans data through machine learning technology to enhance data for deeper insights. Offers context-based suggestions for better data preparation and data visualizations through Smart Transformations.
  • Chat With Data: Type questions into the Search to Insight bar in natural language to instantly create visualizations — no syntax mastery necessary. Analyze data easily, similar to using a search engine.
  • Instant Data Visualization: See the full picture in seconds; the solution generates interactive charts and graphs automatically upon query.
  • Predictive Forecasting: Generates prediction models that learn from historical data to automatically detect risks and predict what is likely to happen in the future.
  • What-If Analysis: Create what-if simulations through the power of self-service machine learning. Plan for the next steps by fine-tuning prediction scenarios based on confidence levels.
  • Highlight KPIs: Answer the “why” and “what” questions through augmented analytics. Identify the top contributors to business performance — the people, products and processes that contribute to the overall story.
  • Analyze Anomalies: Take corrective action aided by Smart Discovery, which automatically points out outlying data.
  • Hybrid Analytics: Protect technology investments by continuing to manage on-premise systems and existing data infrastructure, while simultaneously moving towards the future by leveraging the cloud. Supports a wide range of data connections, ensuring import and access to data from any source to maintain a 360-degree view of the business.
  • Partners: Over 100 partners offer upwards of 430 analytical extensions in the SAP App Center that provide additional value and industry specific applications to the platform.
  • Built-In Collaboration: Create discussions, assign tasks and deadlines and comment on data points. Share information and interact with each other continuously on screen.
  • Mobile App: Stay connected to the Cloud via a responsive, interactive iOS app.
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Product Ranking

#18

among all
EPM Software

#19

among all
EPM Software

Find out who the leaders are

Analyst Rating Summary

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81
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96
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80
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Capital Expenditure Planning
Cash Management
Financial Consolidation and Reconciliation
Integration and Extensibility
Planning, Budgeting,and Forecasting
Reports and Dashboards
Sales Planning
Workforce Planning
Profitability Modelling and Analysis
Cash Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Oracle EPM
SAP Analytics Cloud
+ Add Product + Add Product
Capital Expenditure Planning Cash Management Financial Consolidation And Reconciliation Planning, Budgeting,and Forecasting Platform Capabilities Profitability Modelling And Analysis Project Planning Reports And Dashboards Revenue Planning Sales Planning Workforce Planning 100 100 100 100 100 100 100 100 100 100 100 81 96 80 87 92 97 73 100 80 100 98 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

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Great User Sentiment 834 reviews
we're gathering data
85%
of users recommend this product

SAP Analytics Cloud has a 'great' User Satisfaction Rating of 85% when considering 834 user reviews from 4 recognized software review sites.

n/a
4.2 (274)
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4.3 (72)
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4.1 (148)
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4.3 (340)

Awards

SelectHub research analysts have evaluated Oracle EPM and concluded it deserves the award for the Best Overall EPM Software available today and earns best-in-class honors for Capital Expenditure Planning, Cash Management, Financial Consolidation and Reconciliation, Planning, Budgeting,and Forecasting, Platform Capabilities, Project Planning, Sales Planning, Workforce Planning and Integration and Extensibility.

Analysts' Pick Award
Capital Expenditure Planning Award
Cash Management Award
Financial Consolidation and Reconciliation Award
Planning, Budgeting,and Forecasting Award
Platform Capabilities Award
Project Planning Award
Sales Planning Award
Workforce Planning Award
Integration and Extensibility Award

SelectHub research analysts have evaluated SAP Analytics Cloud and concluded it earns best-in-class honors for Sales Planning.

Sales Planning Award

Synopsis of User Ratings and Reviews

Streamlined processes: Users appreciate how EPM automates manual tasks and provides real-time insights, improving efficiency and accuracy.
Enhanced collaboration: Users value EPM's ability to facilitate seamless collaboration across departments, leading to better decision-making.
Increased visibility: Users find EPM's consolidated view of financial data across the organization invaluable for better planning and forecasting.
Improved compliance: Users appreciate how EPM helps them comply with complex financial regulations and standards.
Scalability and flexibility: Users are satisfied with EPM's ability to adapt to their changing needs and grow with their business.
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Data Visualization: Approximately 91% of users who reviewed visualization said that they can customize dashboards effortlessly with the solution’s wide range of templates and graphics libraries.
Ease of Use: Citing the platform’s modern and intuitive interface, around 89% of users said that the platform makes it easy to develop stories without technical knowledge thanks to Smart Discovery.
Data Analysis: Mentioning its forecasting and predictive analysis capabilities, approximately 87% of users said that the solution enables collaborative enterprise planning via statistical and predictive analysis.
Web and Mobile Accessibility: Discussing its easy accessibility on multiple browsers, around 72% users said that the platform works well on a wide range of devices.
Data Connectivity: Approximately 70% of the users who mentioned integration said that the tool, with strong live data connections, integrates well with other applications and data sources.
Functionality: Around 55% of the users who discussed features said that the tool is scalable and quite versatile, with frequent updates.
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Complexity: Users find the initial setup and configuration of EPM to be complex and time-consuming.
Cost: EPM can be expensive, especially for smaller businesses, due to licensing fees and implementation costs.
Learning curve: EPM has a steep learning curve, requiring users to invest time and resources in training.
Limited customization: While EPM offers some customization options, it may not be flexible enough for all businesses.
Integration challenges: Integrating EPM with other systems can be complex and require additional resources.
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Performance: Approximately 85% of users who reviewed performance said that some features do not work well at the enterprise level.
Reporting: Around 58% of users who mentioned reporting said that report creation with the tool is complicated and needs IT support.
Data Management: Approximately 52% of users who discussed data preparation said that the platform needs more ubiquitous data modeling capabilities.
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User reviews for Oracle EPM paint a mixed picture, highlighting both its strengths and weaknesses. Many users praise its ability to automate tasks, streamline processes, and provide real-time insights, leading to improved efficiency and accuracy. They also value its ability to facilitate collaboration across departments and its centralized view of financial data, which fosters better decision-making. One user commented, "EPM has completely transformed our financial close process, reducing our closing time by 50%." Others appreciate how EPM helps them comply with complex regulations, with one user stating, "EPM has saved us countless hours and resources by automating our compliance reporting." However, some users find EPM's initial setup and configuration to be challenging and time-consuming. The cost can also be a barrier for smaller businesses. Additionally, the steep learning curve requires users to invest significant time and resources in training. Some users also expressed frustration with EPM's limited customization options and the challenges they faced integrating it with other systems. One user noted, "While EPM offers a lot of features, it can be inflexible at times and doesn't always meet our specific needs." Another user commented, "Integrating EPM with our existing ERP system was a major headache." When comparing EPM to similar products like SAP BPC and Anaplan, users often highlight EPM's comprehensive feature set, robust security measures, and seamless integration with other Oracle applications as its main differentiating factors. However, some users find SAP BPC to be more user-friendly and Anaplan to be more agile and adaptable. Ultimately, the best choice for individual users and businesses depends on their specific needs and priorities.

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SAP Analytics Cloud is a powerful data visualization tool that helps users explore data in an easy-to-understand format and discover metrics that help them make informed decisions. Many users who reviewed visualization said that the platform has rich graphics libraries and a range of templates for story presentation of business metrics. Citing its aesthetic design, a majority of users said that the solution’s interface is intuitive for programmers and non-technical users alike. Mentioning its strong predictive and augmented analysis capabilities, a lot of users said that the platform is a strong planning tool and helps them gain business insights easily. Many users said that the tool works well on a plethora of devices, including mobile, and is accessible on multiple browsers, though some users said that its offline mode capabilities are limited. Most of the users who reviewed data integrations said that the tool handles large amounts of data seamlessly, though quite a few users said its compatibility with live connection data sources is limited to other SAP products. Reviewing functionality, a majority of users said that the tool is versatile and scalable to ensure a great end-to-end user experience, though some said that it needs more features, such as improved live data analytics. The solution does have its limitations, though. Around 85% of users who reviewed its performance said that it struggles at the enterprise level, though quite a few users said that it performs exceedingly well within the SAP ecosystem. A majority of the users who mentioned reporting said that the solution lacks automatic report distribution and broadcasting capabilities, though some said that it has excellent analytical and data-oriented report creation. Many users who discussed data management complained that the process for updating an existing data model needs a lot of rework, and that the solution needs more versatile modeling features. Overall, SAP Analytics Cloud is a planning tool with strong BI capabilities that brings the power of cloud computing to self-service data analysis for gaining actionable insights into business metrics.

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Screenshots

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