Oracle just released details about the December 2019 update to the Oracle EPM Cloud (the recently-renamed Oracle Hyperion suite, which includes budgeting, forecasting, and planning, close and consolidation, profitability and cost management, narrative reporting, and data governance and integration capabilities). Features have been added or updated in all areas of the EPM Cloud, but we wanted to provide our “top five” list for what we think the most exciting updates include (in no particular order):
- Helpful New Videos
We particularly like two videos. The first video compares the EPM Cloud Standard versus EPM Cloud Enterprise offerings; we covered this in a recent blog post. The second is the User Assistance Assets for EPM Cloud, which offers an overview of all the ways to get help with using the EPM Cloud.
2. Enhanced Access Control Capabilities
Oracle EPM Cloud’s updated access control functionality allows you to assign a user to many groups at the same time. Currently, to add a user to more than one group, the administrator needs to edit every group individually to add the user to the group.
3. EPM Integration Agent Updates
The EPM Integration Agent solved a years-long need to allow the EPM Cloud to connect to on-premises sources, such General Ledger (GL) relational database backends that are usually behind a customer firewall.
This update permits the solution to directly load content from these sources into the application, as well as allowing for drill-through back to the transactions in the source, either from a report or form that a planner is using.
One other challenge with this tool was that it had to run in an active user session. One could not have this running on a server without an active console, which is how lights-out software usually runs. This change solves that challenge.
4. New Version of Smart View 220.127.116.11.910
A new version of Oracle Smart View for Office (Smart View) is now available, which is described by Oracle as providing, “a common Microsoft Office interface…you can view, import, manipulate, distribute and share data in Microsoft Excel, Word and PowerPoint interfaces. It is a comprehensive tool for accessing and integrating Oracle EPM and BI content from Microsoft Office products.” We will provide more details on cool new stuff in this update in a future blog post.
5. EPM Cloud Planning Read-Only Data Form Issue Fix
We have seen this issue many times, where planners are trying to enter data into a form, only to find the cell is read-only. This can happen for multiple reasons; common issues include security configuration, that the data cell is designed to be dynamic, or just the way the form is designed. A new “Show Reasons for Read-Only Cells” allows for a right-click menu item to “View Reasons for Read-Only Cells” that helps quickly address this issue.
We are looking forward to the release of the patch to test instances on the night of Friday, December 6, 2019, starting at 23:00 UTC, to give these changes a spin. We will release a follow-on post on what the experience is going to be when these changes reach production instances on the night of Friday, December 20, 2019.
Stay tuned for these updates! At the same time, if you have questions regarding anything mentioned here and would like our help, feel free to reach out to us here or post a note in the “Comments” section below.