Reflections of a decade in the cloud: Celebrating significant progress
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Rich Wilkie Rich Wilkie
Reflections of a decade in the cloud: Celebrating significant progress

As we celebrate 10 years for Oracle Cloud EPM, I am very pleased to look back on the progress we have made on the consolidation and close side over the years. Oracle Cloud EPM Financial Consolidation and Close was always designed to build on our many years of experience with Hyperion Financial Management (HFM) and Hyperion Enterprise. We chose to keep what works well and innovate where appropriate. That meant moving away from a heavy dependency on VBScript coding and moving toward a more out-of-the-box content-driven solution. We have always been held to the HFM standard for performance and functionality, and in all fairness, we were not measuring up to that high bar at times in the earlier years. Through hard work and innovation, the team has taken Oracle Cloud EPM for the complete financial close to a point where we now win that comparison every time.

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