Oracle announced the release of Profitability & Cost Management Cloud Service (PCMCS). PCMCS is a cloud based SaaS that enables business users to gain insight into hidden profit and cost across key business dimensions—such as products, customers, sales channels, and more—and take action to improve profitability and lower costs. Oracle Profitability and Cost Management Cloud provides actionable insight into allocation-based business processes by seamlessly combining data from the general ledger and other financial systems with data from operational systems. The solution provides the transparency needed to support analysis within today’s complex enterprises.
Rapidly Build Profit and Cost Models
Gain laser focus on profitability and costs across your business. With Oracle’s solutions for profitability and cost management, it’s never been easier—or more powerful.
- Perform faster, easier, multidimensional analysis and scenario modeling
- Leverage industry-leading technology to create, maintain, and deploy business models
- Drive rapid application design with a business rules engine and intuitive user interface
- Get transparency into cost and revenue allocations via traceability maps
AdvancedEPM is very excited about the intuitive cloud interface that makes it easy to analyze costs and profit. With PCMCS you can rapidly build, maintain, change, and analyze allocations. With useful built-in and ad hoc reporting business users can model opportunities by changing assumptions.
If your organization currently uses Oracle Hyperion Profitability and Cost Management, and you have built your model using the management ledger style, it is easy to migrate to the cloud solution.
Contact AdvancedEPM Consulting today for more information on getting started, or migrating to, Profitability & Cost Management Cloud Service.