Raise your hand or nod your head (resist the urge to hit your screen) if any of these sound familiar to you:

  • Our close process takes so long…as soon as we finish this month we have to start next months’ process!
  • I spend way too much time hunting people down for their data and cleaning it up rather than doing any budgeting or forecasting!
  • We tried to implement a new system and it went nowhere. It was too complex and by the time we rolled it out it was already out of date!
  • Corporate will never upgrade our FP&A systems because there’s no money in the budget!

Often times, mid-market financial processes are just as complex, if not more complex than enterprise scale organizations. But without large scale IT departments and significant budget dollars to spend on financial system infrastructures most organizations are handcuffed in the way they perform their budgeting and planning. But not anymore! Oracle PBCS removes the barriers to adoption of on-premise applications allowing businesses of all sizes to implement world-class planning and budgeting. With Oracle PBCS you get the same industry-leading functionality as Oracle Hyperion Planning, but at a fraction of the cost. Additionally, Oracle PBCS can be implemented in a matter of weeks, just in time for your next forecasting and budgeting cycle. Oracle PBCS gives users the flexibility to manage business and financial processes directly through its intuitive web-based interface or from the comfort of Excel.

Oracle PBCS

Now you can manage your cost centers, products or accounts and load your source system data directly into your planning application via an interface through your desktop, without relying on IT. Oracle has developed a cutting edge interface via the web and has rolled out a new version of their MS Office add-in, Smart View, to facilitate Oracle PBCS:

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Oracle Smart View gives planners the ability to directly interface with their budgets in a secure manner right through Excel.  Budget administrators can edit the planning process and make changes on the fly without bringing the system down for maintenance.  In addition to interacting with your budget through Excel, Smart View is available across the MS Office suite. With the ability to create Smart View enabled PowerPoint decks, you can create your monthly close deck just once and refresh it with live data from Oracle PBCS anytime you want. Oracle PBCS is not only customizable to fit the planning process, but it also adapts to the growing needs of your business.  With Oracle managing your budgeting and planning application as well as hardware, any new features or functionality is released to your PBCS environment on your schedule with minimal downtime.

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(Copyright Oracle Corporation)

That means Oracle PBCS will provide you with more features and functionality as your company needs them over time using leading best practices from Oracle and the Oracle community. With no need for dedicated on-site hardware or IT resources, your company will save a significant part of your budget for your budgeting and planning application and still have consistent uptime for your monthly/quarterly close process. Imagine a planning and budgeting system that harnesses the power of Oracle and scales with the growth of your organization no longer reserved for large companies with server farms and hundreds of thousands of budget dollars. With Oracle PBCS, the power of a corporate FP&A planning system is now available to the mid-market securely, reliably and affordably right through your web browser in a matter of weeks!

At Cervello, we have been successfully implementing planning, budgeting and reporting systems in the cloud for over 5 years and we’ve helped clients across retail, manufacturing, financial services and life sciences industries to name  a few. If you’re interested in learning more about Oracle PBCS and/or would like to see a demo, send me an email at [email protected]. Anju RaoPOSTED BY: Anju Rao Cervello CloudExpress

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