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What is Oracle In-Memory Cost Management?

Oracle's In-Memory Cost Management Cloud Service provides sophisticated analytical tools that help businesses assess product costs, execute cost-volume-benefit analyses, and run what-if scenarios suitable for both discrete and process sectors. This powerful solution offers remarkable performance, granting near real-time insights into shifts within the business landscape. As a new Software as a Service (SaaS) offering built on a Platform as a Service (PaaS) model, the Oracle In-Memory Cost Management Cloud Service (IMCMCS) takes a holistic approach to improve profit margins by ensuring immediate visibility across all areas of cost management. Finance specialists, operations directors, and procurement executives can utilize this service to efficiently compute product costs, carry out cost-volume-benefit analyses, and visualize the impact of different scenarios on complex cost structures. Moreover, users are afforded the flexibility to modify a variety of parameters, which enhances the selection process for both intermediate and finished goods, thus further refining their cost management strategies. This tailored flexibility not only aids in precise decision-making but also equips organizations to respond swiftly to the demands of a dynamic business environment, ultimately driving sustained growth and profitability.

What is Oracle Essbase?

Make well-informed choices by effectively evaluating and modeling complex business assumptions, whether utilizing cloud services or on-premises solutions. Oracle Essbase equips organizations with the ability to quickly glean insights from multidimensional databases through various analytical techniques, including what-if analyses and data visualization tools. This capability makes it easy to forecast performance at both the company and departmental levels, facilitating the creation and management of analytic applications that utilize key business drivers to explore different what-if scenarios. Users can manage workflows for numerous scenarios from a single interface, which streamlines the processes of submissions and approvals. The sandboxing functionality allows for quick testing and assessment of models, helping to ensure that the most appropriate model is selected for production use. Furthermore, financial and business analysts can take advantage of over 100 pre-built mathematical functions that can be seamlessly applied to uncover new data insights. By employing this all-encompassing method, organizations can significantly enhance their strategic capabilities, which in turn leads to improved performance outcomes and greater decision-making efficiency. Ultimately, the integration of these advanced tools and features positions organizations to adapt to changing business environments more effectively.

Media

Media

Integrations Supported

Oracle Cloud Infrastructure
Adobe Marketo Engage
Docusign
Eventbrite
Gmail
Google Cloud Platform
Google Tasks
IBM Cloud
LinkedIn
Mailchimp
Microsoft 365
Microsoft Outlook
Oracle Sales
Oracle Service
SAP SuccessFactors
SQL Server
Salesforce
Slack
UiPath
Workday Extend

Integrations Supported

Oracle Cloud Infrastructure

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

docs.oracle.com/cloud/latest/cost-management-cloud/index.html

Company Facts

Organization Name

Oracle

Date Founded

1977

Company Location

United States

Company Website

www.oracle.com/business-analytics/essbase.html

Categories and Features

Cloud Cost Management

Not specified

Categories and Features

Data Visualization

Not specified

OLAP Databases

Not specified

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