What is Oracle EPM Cloud and which solutions does it provide?
Oracle EPM Cloud is Oracle’s Enterprise Performance Management Suite in the Cloud, formerly known as Hyperion. Data Integration and Automation are two essential disciplines for.
It contains the following business solutions:
- Connected Planning
- Planning (PBCS/EPBCS)
- Profitability and Cost Management (PCMCS)
- Financial Close
- Financial Consolidation and Close (FCCS)
- Account Reconciliations (ARCS)
- Tax Reporting (TRCS)
- Enterprise Data Management (EDMCS)
- Narrative Reporting
Oracle EPM Cloud Integration and Automation
Here are the most common options to automate Oracle EPM Cloud applications:
( Credits: Photo by Ilya Pavlov on Unsplash – fyi: this is not a script for Oracle EPM Cloud automation)
EPM Automate
EPM Automate is a command line utility which allows to automate EPM Cloud tasks. After setting up the tool and configuring environment parameters, simple routines can be created. EPM Automate is a good solution because it helps customers reduce the number of manual tasks they have to perform manually. Especially when it comes to scheduling processes, EPM Automate is a quick way to set up automation processes.
Difficulties arise when processes become more complex which is often the case as projects evolve. This is due to the fact that error handling and monitoring are complex the implement. Also integration with other applications is complicated unless only standard Oracle applications (like Oracle E-Business Suite, ERP Cloud, NetSuite etc.) are involved.
Click HERE to learn how to set up EPM Automate – Step by Step!
REST APIs
REST APIs are a powerful alternative to EPM Automate as they allow developers to integrate automation tasks from any application that can connect to REST APIs provided by the Oracle EPM Cloud. Unlike EPM Automate it does not require a client to be downloaded as it connects directly to the REST API which is available via the HTTPS protocol.
Leveraging REST APIs is relatively easy using a REST client (like Postman or ARC), but the use of REST APIs without programming experience is not as simple. While there are some templates available, it is not an easy project for someone without web programming experience.
ICE Cloud
ICE Cloud is a powerful alternative as its basic functionality provides the best features of EPM Automate (ease of use) and REST APIs (flexibility). In addition, it simplifies integration, fulfills the audit and compliance needs and increases productivity.
Do you want to get on the fast track to automate EPM Cloud tasks? Read more
ICE Cloud allows to develop even the most complex integration and automation processes. ICE Cloud’s Application Intelligence (AppIntel) modules for Oracle EPM Cloud reduce the efforts for development, operations and maintenance by up to 50-80%. This platform reduces the time and effort for tedious activities by leveraging best practices and enables finance innovators to deliver successful finance transformation projects – in time, budget and embedded in a vision of Modern Finance.
