CXO Solutions, a top provider of integrated Strategic Performance Reporting Solutions for all leading Enterprise Performance Management (EPM) systems, has released CXO-Cloud for Oracle Planning and Budgeting Cloud Services (PBCS and EPBCS). As of June 20, 2017, the innovative CXO-Cockpit™ EPM reporting platform will be leveraging the benefits of Oracle Cloud to provide chief financial officers (CFOs), corporate finance managers, and IT administrators with cloud reporting software that combines the ease of use and security of Oracle Cloud with centrally governed strategic reporting planning processes at the CFO office.
Wouter Born, Chief Technology Officer of CXO Solutions, elaborates: "With CXO-Cloud for PBCS, we can now unite all the planning intelligence of Oracle PBCS and the financial intelligence of CXO into one single cloud platform to help FP&A teams boost collaboration, create dynamic planning dashboard visualizations, and effectively manage commentary."
Taking Advantage of Templates, Best Practices and Dashboards
The cloud-based performance reporting software embeds all commentary collection and team collaboration features of CXO-Cockpit™ using pre-built best practices templates and dashboards which guarantees a complete view and actionable insights. CXO-Cloud for Oracle PBCS and EPBCS enables centralized commentary management and narrative within a single platform managed by Finance, eliminating the error-prone Copy, Paste, Attach headache. CFOs may thus rest assured that all stakeholders get the same data through live EPM connectivity and can harness the power of integrated commentary workflows.
Use Cloud Reporting Software On-the-Go
Furthermore, users of CXO-Cloud can access the full set of features of CXO-Cockpit on mobile anywhere and at any time, taking advantage of Oracle Cloud's Target Service Availability Level of 99.9 percent. Additionally, the CXO-Cockpit app features mobile dashboards and enables financial and performance reporting on the go by generating links to the CXO-Viewer app. Finance team members can create and email links for sharing reports or export reports in multiple formats. CXO-Viewer can provide interactive analysis of key EPM data and distribute it to corporate divisions and departments or CEOs, CFOs, and CMOs.
Advantages of Oracle PBCS
Oracle Planning and Budgeting Cloud Service (PBCS) is designed to provide organizations of all sizes with options for quick deployment of world-class planning and budgeting applications. The adoption of finance solutions does not require CAPEX infrastructure investments. PBCS also provides flexible deployment options and does not have a steep learning curve.
CXO-Cloud provides all the relevant financial features offered by Oracle's Business Intelligence Cloud Service (BICS), Enterprise Performance Reporting Cloud Service (EPRCS), Financial Reporting Cloud Service (FRCS), and Data Visualization Cloud Service (DVCS).