Scaling up with Oracle Cloud EPM

December 12, 2022 - Research W203

Nucleus interviewed several end-users to understand why they replaced their Anaplan deployments with Oracle Cloud EPM. The most common reasons were to enable scenario modeling initiatives or to modernize the entire finance and accounting software stack. Specifically, organizations choose Oracle Cloud EPM for its modeling flexibility, out-of-the-box functionality, and comprehensive suite of financial planning and analysis, consolidation, and close tools. One company decreased its software licensing costs by $270,000 annually while simultaneously increasing its financial modeling output with Oracle Cloud EPM. Another organization realized $1.2M in productivity savings by replacing Anaplan with Oracle Cloud EPM as it could manage its workload with a 30 percent smaller FP&A team.