Retire legacy FCC solutions with Oracle Fusion Cloud EPM

March 30, 2022 - Research W47

Though BlackLine is a leader in the financial consolidation and close (FCC) solutions market, Nucleus interviewed several companies to understand why they had replaced their BlackLine deployments with Oracle Cloud EPM. We found that organizations that have selected Oracle Fusion Cloud ERP as their central ERP system could supplement their Oracle contract by including Oracle Cloud EPM. In doing so, these customers gained additional FCC and FP&A functionality at a lower total cost of ownership. Customers also accelerated their audit cycles by up to 20 percent by unifying their finance and accounting processes under Oracle. Leveraging Oracle Cloud EPM, interviewed companies were able to reduce operational costs while improving financial visibility and accounting productivity from the native integration between Oracle Cloud ERP and Oracle Cloud EPM.