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Oracle Profitability and Cost Management Application Type Statement of Direction (Doc ID 2955235.1)

Last updated on JUNE 14, 2023

Applies to:

Oracle Hyperion Profitability and Cost Management Cloud Service
Oracle Enterprise Profitability and Cost Management Cloud
Information in this document applies to any platform.

Details

 

This document in any form, software or printed matter, contains proprietary information that is the exclusive property of Oracle. Your access to and use of this confidential material is subject to the terms and conditions of your Oracle software license and service agreement, which has been executed and with which you agree to comply. This document and information contained herein may not be disclosed, copied, reproduced, or distributed to anyone outside Oracle without prior written consent of Oracle. This document is not part of your license agreement, nor can it be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates.
This document is for informational purposes only and is intended solely to assist you in planning for the implementation and upgrade of the product features described. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described in this document remains at the sole discretion of Oracle. Due to the nature of the product architecture, it may not be possible to safely include all features described in this document without risking significant destabilization of the code.

 

Purpose

This document provides an overview of the strategic plans and future direction of Oracle Profitability and Cost Management Cloud Service and Oracle Enterprise Performance Management Enterprise Cloud Service Profitability and Cost Management Business Process. Included is information about the change in Development focus to the newer Enterprise Profitability and Cost Management Application Type available exclusively with Enterprise Performance Management Enterprise Cloud Service.

 

Introduction

Oracle Profitability and Cost Management Cloud provides a cloud-based modeling and calculation platform that supports financial modeling and allocation transformation processes in support of Oracle ERP and Oracle EPM. Profitability and Cost Management allows you to perform allocations and transformations of financial and operational data to support costing and assess profitability of business offerings, markets, and channels.
Oracle Profitability and Cost Management Cloud Service was introduced in 2016. In 2018 Oracle Enterprise Performance Management Enterprise Cloud Service was introduced (EPM Enterprise). EPM Enterprise includes Profitability and Cost Management (PCM) Business Process along with the full complement of EPM Business Processes. In June, 2022 Oracle released a new application type, Enterprise Profitability and Cost Management (EPCM) for all EPM Enterprise customers.

Oracle’s Product Strategy

The release of EPCM represents a major upgrade with significant enhancements. The following capabilities are available only with EPCM. They are unavailable with the Profitability and Cost Management Application Type:

Going forward Oracle Development will focus future innovation efforts on EPCM. For the Profitability and Cost Management Application Type Oracle development will provide updates for 3rd party component compliance, security, and limited functional enhancements.

 

Actions

While Oracle will continue to support the existing Profitability and Cost Management Application Types in accordance with the Oracle Cloud Hosting and Delivery Policies (link), future enhancements to the Profitability and Cost Management Application Type are not planned. Profitability and Cost Management application type customers are advised to migrate their applications to EPCM. Please contact your account representative to obtain the environments necessary for migration. A migration utility has been made available to assist. Refer to the tutorial available at the PCM Help Center:

Migrate from Profitability and Cost Management to Enterprise Profitability and Cost Management (link).

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