Tag Archives: EPM Cloud

Oracle Financial Consolidation and Close Cloud (FCCS) – September 2018 Updates

The following announcements and considerations are outlined in the upcoming Oracle Financial Consolidation and Close Cloud (FCCS) update:

Oracle Financial Consolidation and Close Cloud (FCCS)
September 2018

Monthly Update Schedule:

Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, September 7, 2018 and to your production environment on Friday, September 21, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance.

Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server. Refer to Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

NOTE: You can import backup snapshots into environments with the same, the preceding or the next update versions. For example, you can import backup snapshots from release 17.08 into releases 17.07 and 17.09. For more information about migration, see Administering Migration for Oracle Enterprise Performance Management Cloud.

Announcements and New Features:

  • Security for Users to Run Consolidation Process
  • Data Load - Reverse Year-to-Date Value for Accounts Loaded in Replace Mode
  • Integrated, Comprehensive User Preferences
  • System Settings and Defaults Moved to Application Settings
  • Uniform Time Zone Settings
  • Supplemental Data Set Governors
  • Close Manager Support for Viewer Users
  • Toolkit for Hyperion Financial Management Migration to EPM Cloud
  • New EPM Automate Utility Version
  • Loading Data Using an Incremental File Adapter
  • Drilling Down from Summary Members
  • Provisioning Changes to Simplify Role Usage

Upcoming Changes:

  • Proposed Changes to Application-Level Access Control
  • Classic Dimension Editor
  • Ability to Create New Composite Forms
Defects Fixed:
  • Software issues addressed each month will be posted to Enterprise Performance Management Cloud Release Highlights (Doc ID 2055579.1)

Considerations:

  • Simplified Dimension Editor and Metadata Validation
  • Translation Override Rule Redirection
  • Consolidation Operator for Children of Dimension Name Members
  • Calculation Status
  • Reconsolidating Data After Upgrading
  • Ownership Management Enablement
  • Copying Data
  • Self Service Upgrade
  • Editing Dates in a Data Collection Period
  • Entity Member Names / Aliases with ICP Property
  • Working with Metadata
  • Smart View Summary Dialog Display

 

Refer to the following links and documents for further information:

  • Oracle Cloud Release Readiness - Get up to speed on the latest cloud release and ensure your upgrade is a success with Oracle's Release Readiness assets. To access this broad range of assets, locate your service on the left, then choose a release from the service's drop-down menu. Learn and how to plan your upgrade by reviewing expanded discussions of new features,including capability overviews, business benefits, setup considerations and usage tips.
  • My Oracle Support (MOS) Knowledge Article: Enterprise Performance Management Cloud Release Highlights Doc ID 2055579.1

 

 

Oracle Enterprise Performance Reporting Cloud (EPRCS) – September 2018 Updates

The following announcements and considerations are outlined in the upcoming Oracle Enterprise Performance Reporting Cloud (EPRCS) update:

Oracle Enterprise Performance Reporting Cloud (EPRCS) September 2018

Monthly Update Schedule:

Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, September 7, 2018 and to your production environment on Friday, September 21, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance.

Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server. Refer to Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Announcements:

  • No announcements
Considerations:
  • Report Packages
  • Management Reporting
  • Smart View
  • Disclosure Management
  • Only for Smart View for Office with Microsoft Office 365 ProPlus

 

Defects Fixed:

  • Software issues addressed each month will be posted to Enterprise Performance Management Cloud Release Highlights (Doc ID 2055579.1)
Refer to the following links and documents for further information:
  • Oracle Cloud Release Readiness - Get up to speed on the latest cloud release and ensure your upgrade is a success with Oracle's Release Readiness assets. To access this broad range of assets, locate your service on the left, then choose a release from the service's drop-down menu. Learn and how to plan your upgrade by reviewing expanded discussions of new features,including capability overviews, business benefits, setup considerations and usage tips.
  • My Oracle Support (MOS) Knowledge Article: Enterprise Performance Management Cloud Release Highlights Doc ID 2055579.1

Oracle Enterprise Data Management Cloud (EDMCS) – September 2018 Updates

The following announcements and considerations are outlined in the upcoming Oracle Enterprise Data Management Cloud (EDMCS) update:

Oracle Enterprise Data Management Cloud (EDMCS)
September 2018

Monthly Update Schedule:

Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, September 7, 2018 and to your production environment on Friday, September 21, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance.

Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server.  Refer to Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators.

Announcements and New Features:

  • Provisioning Changes to Simplify Role Usage
  • New EPM Automate Utility Version

Upcoming Changes:

  • Proposed Changes to Application-Level Access Control

Defects Fixed:

  • Software issues addressed each month will be posted to Enterprise Performance Management Cloud Release Highlights (Doc ID 2055579.1)

Considerations:

  • Subscription Notifications
  • Float Value Validation Error in Non-English Locales
  • Import and Export Artifacts in Non-English Locales

 

Refer to the following links and documents for further information:

  • Oracle Cloud Release Readiness - Get up to speed on the latest cloud release and ensure your upgrade is a success with Oracle's Release Readiness assets. To access this broad range of assets, locate your service on the left, then choose a release from the service's drop-down menu. Learn and how to plan your upgrade by reviewing expanded discussions of new features,including capability overviews, business benefits, setup considerations and usage tips.
  • My Oracle Support (MOS) Knowledge Article: Enterprise Performance Management Cloud Release Highlights Doc ID 2055579.1

 

Oracle Account Reconciliation Cloud (ARCS) – September 2018 Updates

The following announcements and considerations are outlined in the upcoming Oracle Account Reconciliation Cloud (ARCS) update:

Oracle Account Reconciliation Cloud (ARCS)
September 2018

Monthly Update Schedule:

Oracle will apply the latest updates to your test environments starting at 22:00 UTC (15:00 PDT) on Friday, September 7, 2018 and to your production environment on Friday, September 21, 2018, also starting at 22:00 UTC. The updates will be applied to your environments during the first subsequent daily maintenance.

NOTE: Account Reconciliation Cloud does not support migration of snapshots from the latest service version to an earlier service version (for example, when moving snapshots between test and production pods during the window when test is upgraded before production.) Migration between the same versions will still be supported.  Some objects, such as Profiles, may still be moved from the latest to an earlier version outside of migration snapshots by exporting them from the latest service version and importing them into the earlier version.

Backing up the daily maintenance snapshot and restoring the environment as needed are self-service operations. Oracle recommends that you download the maintenance snapshot every day to a local server. Refer to Backing Up and Restoring an Environment Using the Maintenance Snapshot in Getting Started with Oracle Enterprise Performance Management Cloud for Administrators

Announcements

  • Ability to Save Lists on Unmatched Transactions in Transaction Matching
  • Clarification of Transaction Matching Support for Numbers up to 15 Digits
  • Provisioning Changes to Simplify Role Usage

Defects Fixed

  • Software issues addressed each month will be posted to Enterprise Performance Management Cloud Release Highlights (Doc ID 2055579.1)

Considerations

  • Academy - In the Academy, some pages and icons may appear different in the video and the Cloud service.

  • Using Refresh - It is a best practice to use Refresh within the Account Reconciliation Cloud user interface rather than performing a browser refresh.

 

Refer to the following links and documents for further information:
  • Oracle Cloud Release Readiness - Get up to speed on the latest cloud release and ensure your upgrade is a success with Oracle's Release Readiness assets. To access this broad range of assets, locate your service on the left, then choose a release from the service's drop-down menu. Learn and how to plan your upgrade by reviewing expanded discussions of new features,including capability overviews, business benefits, setup considerations and usage tips.
  • My Oracle Support (MOS) Knowledge Article: Enterprise Performance Management Cloud Release Highlights Doc ID 2055579.1

Financial Consolidation Cloud Service (FCCS) – Consolidation Performance and Failure Diagnosis

How to self diagnose consolidation failures and performance issues in Financial Consolidation Cloud Service (FCCS)? Thank you to the following people for the presentation on this topic.

Prasad Tungaturthy, Director, EPM
Shailesh Kumar, Senior Director, EPM
Vinay Gupta, Consulting Member of Technical Staff

Below are the causes of Consolidation Performance and Functional Issues:

1. Bad application design:

2. Unnecessary calculations:

  • The consolidation process and steps are clearly documented in FCCS.
  • By default, FCCS performs many calculations during the consolidation process that may not be needed for the customer.
  • Turning some of these calculations off could improve performance:
    • Balance Sheet Calculation - If the Balance Sheet is out of balance, a balancing amount is calculated and posted to a seeded account called "Balance". This is a predefined miscellaneous liability account which is used solely for the purpose of keeping the Balance Sheet balanced. You have the option to disable this calculation if you do not want the system to automatically balance the Balance Sheet for you.
    • Ratios Calculations - Disabling the Ratios Calculations will also give a boost in performance. You cannot disable Ratios on an existing app; therefore, the app will have to be recreated with Ratios unchecked when specifying the creation application options.

3. Poorly written configurations/extensions:

  • The default consolidation logic can be extended by the customer or partner.
  • The customer specific logic is inserted as part of the overall consolidation process and can be written as:
    • Member formulas
    • Calculation logic
    • Translation/consolidation overrides
  • Poorly written logic in these extensions/configurations can severely cause performance degradation

4. Lack of needed house keeping:

  • Clearing Empty Blocks - Keeping the Essbase engine tuned by removing unnecessary data blocks and ensuring the structure is efficiently stored is important for optimal consolidation performance.
  • Dense restructure
  • Doing the necessary house keeping can improve consolidation performance.

5. Software bug/issue:

6. Consolidation Functional Issues:

  • After performing step 1-5 and making the necessary corrections, the consolidation performance may have improved but you may still see some functional issues. Check the Presentation for more information.

 

References: