EPMI, a Centroid Company is a systems integrator with an exceptional reputation for implementing enterprise software in a variety of industries. Incorporated with a single purpose, EPMI's core focus is to provide leaders of mission-critical management processes with Oracle cloud solutions for enterprise or corporate performance management - financial close, planning and budgeting, reporting, and more.
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He laughed but it’s not very uncommon to use multiple ERP, in fact it’s common to have different ERP systems for HR and Finance. Even within Finance complex modules with better solutions in different ERPs is implemented, but usually for GL there will only be one parent ERP, a feed for EPM
these guys are clearly biased in favor of Oracle. It would have been nice to see a real objective analysis. No data or comparisons were presented here, just opinions
would be good to see a walkthrough of the Task Manager, like how tasks are added in the list, creating an OU hierarchy, and setting up conditional rules, otherwise, we are just listening to you with no relevant reference.
That's was a great discussion .. can you please share some clear case studies of different companies who were successful in implementing or the journey.. I tried to come up with a connected planning setup at my role in ge appliances but could not succeed with the erp system not fully implemented and users are not ready yet for that kind of setup as they are more comfortable in planning silos for each of their finance functions..
Hi Santhosh, thanks for your comment. We have several customers who have connected their planning process e.g. Project Plans to Financial Plans, Workforce Plans in detail by employee, to overall cost center plan, Sales Forecast done at detailed territory level to overall financial revenue plan etc. Yes your point that each department wants to do their plans with their own independence, but at some level they would like to get that to overall financial plan. think in the ERP context at transaction level, where you have detailed sub ledgers connected to overall General ledger, its very similar approach to that. You probably should speak to your CFO and get this really pushed across the org as the CFO will see a huge value with the connected planning approach. Thanks Muthu Ranganathan
What would have been handy and useful is use a historic cube of numbers and generate groovy based on variates so no developers or.business don't have to spend new technologies and also setup costs. This is amazing though as a first step.