Oracle EPM Cloud updates and What they mean ?

What Are Oracle Updates?

Oracle Cloud Apps are a widely used suite of enterprise applications. Available as SaaS (software-as-a-service), these apps streamline essential business functions, including Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Human Capital Management (HCM). Oracle works on the principle of continuous innovation, constantly unveiling new features, functionalities, bug fixes, and enhancements. 

These new updates are called Oracle releases, updates, or upgrades.  

Oracle Updates Release Cycle

Oracle Cloud follows a systematic quarterly update schedule, with each update being assigned a sequential name. 

The update for the first quarter of 2023 is referred to as 23A, the update for the second quarter as 23B, the update for the third quarter as 23C, and the Oracle release update for the fourth quarter as 23D. 

It’s important to note that these updates are staggered at different times, so various companies are in-process of upgrading at different stages. 

You may be finalizing 23B while the company next door works on 23C. 

Companies choose from three cycles of quarterly updates:

• January/April/July/October
• February/ May/ August/ November
• March/ June/ September/ December

Oracle EPM Cloud updates for 2023 !!

In 2023, the following EPM spotlight features were introduced:

EPM Cloud Platform

• Operational Dashboards for Tasks, Alerts, Supplemental Data, and Enterprise Journals
• Reports Support for Valid Intersections
• Forms 2.0 and Dashboard 2.0
• Pipeline Feature in Data Integration
• Direct Drill From Summary Members Enabled For Agent Drill Type URLs
• Announcing: New Guide to Create and Run an EPM Center of Excellence (CoE)

Account Reconciliation

• Custom Dashboards for Reconciliation Compliance and Transaction Matching

Enterprise Data Management

• Time Labeled Viewpoints
• Time Labels
• Policy Execution Plan
• Private and Public Queries for Viewpoints
• Extract Packages
• Ownership Approvals

Enterprise Profitability and Cost Management

• Ad Hoc Analysis Available in Rule Designing and Rule Balancing

Financial Consolidation and Close

• Ability to Create Unbalanced Consolidation Journals
• Application Roles for Consolidation Journals

Narrative Reporting

• Report Reference Doclets Now Support Adding Report Text and Note Boxes as Available Content in the Report Package

Planning

• Enabling Task Manager within Existing Planning Applications
• Support for Calendars and Events in IPM Insights, Auto Predict, and Predictive Planning
• Enhanced Connected Planning with Sales Planning and Strategic Workforce Planning - New Application Types in Planning

Tax Reporting

• Enabling Pillar Two in Tax Reporting

• Support for Configurable Dimensionality and Optimizing the Application Model for Hybrid Aggregation

Introduction to Forms 2.0 in Cloud EPM

This overview introduces you to the new features and functionality in Forms 2.0 in Cloud EPM. 

You’ll learn about the new technology underpinning the new grids and the new application-level setting to enable the functionality. In the demonstrations, you’ll notice more vertical spacing, faster cell-to-cell navigation, and the quick scrolling across the data grid. 

You’ll also notice these usability improvements: reduced clicks and removed popups, clean new icons and dialogs, POV dropdown and selection and Search, tree-based member selector and search, built in line-item detail, and wizard-based Run Time Prompt Rule Drawers.

https://www.youtube.com/embed/naDI1TlHyy0?rel=0&autoplay=1

Oracle Hyperion EPM 11.2 Grace Period and End Date

Oracle Enterprise Performance Management (EPM) Release 11.2 Grace Periods for Error Correction (Doc ID 2627593.1)

Oracle Hyperion EPM Certification Matrix for 11.2.15

 The latest EPM Certification Matrix (which includes 11.2.15.0) is now available here:

https://lnkd.in/gnaGdPKf

Hyperion Migration Considerations to 11.2.15 release

 Migration Considerations

Currently, Oracle Hyperion Enterprise Performance Management System does not support application and artifact migration from Release 11.2.12, 11.2.13, and 11.2.14. You must use Apply Update in these environments to make their snapshots compatible with Release 11.2.15.  

You cannot directly migrate artifacts and snapshots taken from existing Release 11.2.12, 11.2.13, and 11.2.14 deployments of Oracle Hyperion Enterprise Performance Management System to a newly deployed Release 11.2.15 deployment.

Oracle plans to offer support for direct application and artifact migration for new deployments from Release 11.2.12, 11.2.13, and 11.2.14 to Release 11.2.15 by the end of CY 2023.  

At that time, customers can migrate applications to new deployments on Linux release 8 and Windows Server 2022.

Hyperion 11.2.15 is out ! Migration path from 11.2.x

 Oracle released 11.2.15 today Nov 1.  Here is the migration path from the readme doc: