Author: Melanie Mathews, Performance Architects
You may have missed the notice Oracle released this week… Oracle Profitability & Cost Management Cloud (PCMCS) is now generally available! This is Oracle’s latest addition to their EPM Cloud suite of products and it delivers a comprehensive allocation solution designed to be owned by business users.
PCMCS addresses critical business process challenges such as product, customer, and market profitability, shared service allocations, IT service costing and chargeback, management allocations, cost transparency, and transfer pricing. PCMCS improves financial decision making, empowers business users with flexibility, and creates a culture of profitability & accountability.
PCMCS is a perfect complement to the Oracle ERP and EPM Clouds. The solution includes certified integration to both EPM Cloud and ERP Cloud, and shares capabilities such as Smart View and Financial Reporting.
PCMCS at a Glance:
- Discover drivers of cost and profit
- Empower users with flexibility
- Create a culture of profitability and accountability
- Improve financial decision Making
- Discover and act on hidden profit and loss
If you would like to learn more about the highlights and benefits of PCMCS, email us here and we will set up a time to chat.