What is Oracle PBCS?

Oracle PBCS (Planning and Budgeting cloud service) is the first Hyperion EPM product on the cloud. The Oracle-based Hyperion Planning application is a subscription-based solution that supports enterprise-level planning, budgeting and forecasting with flexible deployment options. It is oracle’s flagship product and aims at making a workplace better. It is a go-to option for enterprises of all sizes.

What makes it an attractive choice for businesses is that it is flexible and modern. It is portable and expandable. It can build and install new apps or extend existing apps.

PBCS cloud servers are hosted and maintained by Oracle, which eliminates any capital expenditure. Its easy-to-use user interface and minimal requirement of IT resources make it affordable and a viable solution for a company of any size.

The key highlights of the Oracle PBCS are:

Planning: It initiates goal-oriented planning to achieve the business objectives with targeted revenue and impact analysis reporting. It is well versed in handling complex business logic with dynamic planning and forecasting.

Process & workflow: Its implementation initiates a flexible workflow process by allowing collaborative working among all teams within an enterprise by sharing information securely.

Integration: It is easy to integrate PBCS oracle with other oracle and non-oracle systems and leverage existing IT investments. It helps in reaching integrated financial decisions driven by multiple financial sources.

User experience: It increases user productivity with the role-based user interface. It has interactive dashboards across the system that allows analysing and managing activity in one place.

How is implementing Oracle PBCS cloud better than on-premises PBCS?

Sometimes the size of the architect solution and integration models make it an insubstantial option for an enterprise. Here are a few reasons for how it can be a better choice.

• It has lower operational expenses

• The implementation process is faster in cloud PBCS

• It has the potential to expand and increase innovation

• Regular upgrades are taken care of by the provider

Along with these benefits, there are some drawbacks too in the cloud solution compared to on-premises implementation. The cloud PBCS is controlled by Oracle therefore companies do not have control over it.Regular automatic updates could create discomfort for the users.

Oracle cloud PBCS is Hyperion planning at its core, which makes it a stronger and more efficient version of on-premises PBCS. It is more like choosing what you feel is correct for your company.

Challenges such as reliance on excel to build planning models, errors in data due to manual processes, and multiple data sources for planning and budgeting can be overcome by the PBCS system solutions. It simplifies the user experience with a modern planning system with support for the business, solid workflow and integration options. Apart from the classic workspace look, Oracle simplified the interface, especially for mobile and tablet use. To sum it up, oracle integrated cloud PBCS is a fantastic oracle cloud solution with powerful features, functioning capability, and easy implementation. It automates information from different data sources and enables comprehensive analysis, planning and forecasting. 

Oracle’s other solutions like Oracle ERP Cloud (enterprise resource planning) or Oracle IAM (identity and access management) are also excellent software programs for enterprises.

If you are looking to implement Oracle Cloud services for your organisation then drop them a line at www.Tangenz.com