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Why did Gartner choose Oracle as a leader in Cloud FP&A Solutions?

Ed GrahamNov 21 2019

The short answer is that Oracle has the highest ability to execute, shown by leading market share and broad industry coverage.****Magic Quadrant - Cloud FP&A Solutions 2019.png

A more nuanced answer is that Oracle has domain knowledge covering the four components of this market, and reference customers choose Oracle due to its functional capabilities, ease of use and compatibility with Microsoft Excel.

1. Financial Budgeting and Planning

Oracle has built on its market leading on-premise Hyperion products to deliver a popular product for adoption in the cloud with best in class compatibility with Microsoft Excel

2. Integrated financial planning

Oracle has new Sales planning and Workforce planning solutions, applications for capital planning and project planning, and close integration with Oracle ERP Cloud and Oracle HCM Cloud.

3. Financial forecasting and modelling

Oracle has forecasting and modelling as standard, which now including predictive planning capabilities underpinned by machine learning.

4. Management and performance reporting

Oracle has management reporting including dashboards and analytics. Its product suite has the capabilities to support the transformation from ‘management reports’ into ‘performance playbooks’ incorporating operational results, financial results and narrative reporting.

You can download the full report from Oracle here -> https://go.oracle.com/LP=84658?elqCampaignId=220387

I would be keen to get feedback or additional Oracle advantages!

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