Oracle EPM - Mandatory Groovy Update Coming in January 2026

Latest update on Groovy!

A new version of the Groovy engine is planned for the 26.01 update (January 2026). This version introduces stricter validation rules, which means some existing Groovy business rules that work today may fail after the update. 

To avoid issues, you should validate and test all your Groovy scripts prior to the January update.

The Groovy Script Validator, available since the 25.08 update, helps you check whether your rules will pass under the new Groovy version. It will flag any scripts that need changes and generate a report so you can fix them ahead of time.

Recommended Actions

• Run the Groovy Script Validator as soon as possible.
• Review and update any scripts listed in the validator’s report.
• Fully test your Groovy business rules to confirm they work as expected.

If you need extra time to complete these tasks, you can delay the Groovy engine update for up to three months by using the EPM Automate skipUpdate command.

Applies to: Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Planning, Tax Reporting

To validate Groovy scripts:

1. From the Home page, select Application, and then Overview.
2. Click Actions, and then select Groovy Script Validator.

After running the validation program, you can download the Groovy validation report from one of the following locations:

• On the Jobs page, under Recent Activity, click the Groovy validation report Job, to view the Download option.
• On the Inbox/Outbox Explorer page, look for the GroovyValidationReport.html file, and download it.

The Groovy validation report shows all the rules and templates that need to be modified. For a list of Groovy validation errors and recommended resolutions, see Resolving Groovy Business Rule Validation Issues in Designing with Calculation Manager.

Oracle Enterprise-Profitability-and-Cost-Management EPCM New Rule Designer

New Version of the Rule Designer

This release introduces a new Rule Designer user interface. You can select which version of the Rule Designer to use in the Profitability and Cost Management Application Settings. Designer 1.0 opens the older version of the Rule Designer. 

Designer 2.0 opens the new Rule Designer UI with enhanced features.

Business Benefit:  Rule Designer 2.0 provides a more modern and updated user interface with more streamlined actions.

About the Rule Designer

Use the Rule Designer to create and manage rules and rule sets.

To access the Rule Designer:

1. From the Home page, select Modeling, and then Designer.

2. Once you are in the Rule Designer, you can:

   • Use the Waterfall Setup tab to create, edit, delete, and copy rule sets and rules. The Waterfall Setup tab shows the full sequence of rule sets and rules for the model. See Using the Waterfall Setup Tab.

   • Use the Mass Edit tab to add and replace members, copy rules to rule sets and models, and enable and disable rules. See Using the Mass Edit Tab.

Oracle EDM - Working with Accelerator Applications !

Working with Accelerator Applications

Accelerator applications are application templates that enable you to create Universal applications in Oracle Fusion Cloud Enterprise Data Management for application types that do not have a dedicated application adapter.

The accelerator application helps expedite the application creation process in Cloud EDM by providing a template that contains the basic dimensions, node types, properties, and validations for an application so that you do not have to create all of those objects manually.

Accelerator application templates are available to create Universal applications for the following application types:

• Oracle Financial Services Accounting Foundation Cloud Service (AFCS) applications
• Oracle Financial Services Data Foundation Cloud Service (DFCS) applications.

Accessing the Accelerator Application Template

You access the accelerator application template by exporting it from the sample application. Follow these steps to create the sample application and access the accelerator application template.

Note

You access the sample application by recreating your service. Therefore, the following procedure details steps to back up your testing environment, recreate the service, create the sample application, export the template, and then restore your original testing environment. If you have another environment from which you can access the sample application then these steps may not be necessary.

1. In your testing environment, back up your service. See Backup Application in Administering Migration .
2. Recreate your service. See Recreating the Service.
3. Create the sample application. See Creating a Sample Application.
4. In the sample application, use the template feature to export one or both of the following accelerator applications.
   • AFCS: Accelerator application for Oracle Financial Services Accounting Foundation Cloud Service.
   • DFCS: Accelerator application for Oracle Financial Services Data Foundation Cloud Service.

Announcing De-Support of Cloud EPM Forms 1.0 & Dashboards 1.0 in Oct 2025 (25.10) *UPDATE*

*** EPM Cloud October 2025 Update ***

Oracle released Forms 2.0 along with Dashboard 2.0 in 2023 as the enhanced version of the legacy Forms 1.0 and Dashboard 1.0. 

Since its release, we have made significant incremental improvements to Forms 2.0 and Dashboard 2.0 based on feedback from Cloud EPM users across the globe, and over time, have seen a steady increase in the adoption of 2.0. 

As of result, effective June 2025 (25.06 release), Oracle plans to de-support Forms 1.0 and Dashboard 1.0.  

All newly deployed environments starting from June 2025 and thereafter will only contain the option to use Forms 2.0 and Dashboard 2.0. 

Oracle will continue to review the usage of forms and the dashboard and officially communicate future plans for 1.0 as they evolve.

While customers with existing applications created before 25.06 can continue using Forms 1.0 and Dashboard 1.0, we will discontinue bug fixes and enhancements on 1.0 effective October 2025. 

*** All fixes and enhancement requests raised by customers on 1.0 will be addressed as fixes in 2.0 or taken up as enhancements in the 2.0 roadmap.

Oracle EPM - Updated Narrative Reporting Extension for SmartView !

Updated Narrative Reporting Extension for Smart View

An updated Narrative Reporting extension for Oracle Smart View for Office is now available to download and install. This update includes general improvements and defect fixes.

Business Benefit: Downloading and installing the latest Narrative Reporting extension for Smart View gives you access to the latest improvements and defect fixes.

Steps to Enable

To take advantage of the improvements and defect fixes in the Narrative Reporting extension, choose an option to install the extension update:

From within Smart View, click the Check for Updates, New Installs, and Uninstalls link in the Options dialog, Extensions tab, select your Narrative Reporting instance, then follow the prompts.

From the Narrative Reporting web interface, Downloads page, download the "Smart View Extension for Cloud EPM Narrative Reporting" SVEXT file, then double-click the file to install.

To install the Narrative Reporting extension from Smart View:

From the Smart View ribbon, select Options, and then Extensions.

- Click the Check for Updates, New Installs, and Uninstalls link.

- In Select Location for Extension Updates, select the connections to check for extension updates, and then click Get Updates.

- Smart View checks for all extensions that your administrator has made available to you.

- To check for available extensions in all your connections, check Select All, and then click Get Updates.

- The dialog box expands to display a message window providing you with the progress and status of the extension query.

- Locate the extension named Narrative Reporting and click the Install link. The Install link with the red arrow next to it, to launch the installer.

Note

In release 25.100+, a message alerts you if a minimum version of Smart View is required and the current Smart View installation is not at the minimum version.

EPM Narrative Reporting - Notes Summarization with GenAI

Notes Summarization with GenAI

This feature leverages Generative AI (GenAI) to automatically summarize Notes sourced from either a Note Segment or a Note Text Box. Notes summarization is available either in a text box (designer setup) or as an end-user action.

• Text Box: Using either the Notes or GridNotes text function (with an additional parameter) or the SummarizeGridNotes text function, the report designer can specify to have Notes summarized.

• End User Action: While previewing a report, a user can select Summarize Notes from the Actions menu to display a pop-up window with the summarized Notes.

Using the Action menu, click Summarize Notes

Summarize Notes Dialog

When using the SummarizeGridNotes function or the end user Summarize Notes action, you can choose to Use Context, which will include the data value for the member associated with the Note segment.

Set Use Context to True or False

For example, the main driver of higher other purchases and supplies expenses was additional contractor services, resulting in a 0.53% variance in Fees Outside Services. Finally, a minor decrease in facilities maintenance costs led to a 0.12% variance in Facilities Expenses.

Business Benefit: This feature allows you to create an executive summary and enhances the decision-making processes.

Oracle EPM New Audit and Jobs Application Roles

New Audit and Jobs Application Roles

This update introduces new application roles that enable audit and job management operations to be performed from the application screens or by executing EPM Automate commands and REST APIs. Previously, only Service Administrators were authorized to perform these tasks. 

With the addition of these roles, users who are not Service Administrators can now be granted access to perform these operations.

Audit - Manage: Enables users to view and delete the audit records in the environment. Also enables users to import audit records into the environment using the importAppAudit EPM Automate command.

Audit View: Enables users to view audit records. Also enables users to export audit records from the environment using the exportAppAudit EPM Automate command and the Export Audit REST API.

Jobs - Manage: Enables users to view and delete the job status records in the environment. Also enables users to import job console records using the importJobConsole  EPM Automate command.

Jobs - View: Enables users to view the job status records in the environment.  Also enables users to export job Console records from the environment using the exportJobConsole EPM Automate command and the Export Job Console REST API.

Applies to: Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Planning, Tax Reporting

Business Benefit: These new application roles enable more users to manage the import and export process of jobs and audit data and facilitate the delegation of duties.