Oracle delivers budgeting cloud

Oracle has announced the general availability of its first enterprise performance management (EPM) solution offered in the cloud, Oracle Planning and Budgeting Cloud Service, part of the Oracle Enterprise Planning Cloud portfolio.

As the most robust financial planning application in the cloud, Oracle Planning and Budgeting Cloud Service opens up opportunities for organizations of all sizes to quickly adopt a world-class planning and budgeting solution with no CAPEX infrastructure investments, driving alignment beyond finance across the enterprise, with flexible deployment options and virtually no learning curve.

"Oracle Planning and Budgeting Cloud Service will provide tremendous value to our customers, by removing obstacles such as IT hardware and software requirements associated with implementing a world-class planning and budgeting application," said Chris Boulanger, vice president, EPM Practice, Cervello.