Oracle Planning and Budgeting Cloud and Jedox compete in the field of cloud-based planning and budgeting solutions. Based on various feature sets, Oracle seems to hold an advantage in comprehensive ERP integration, while Jedox is stronger in dynamic reporting capabilities.
Features: Oracle Planning and Budgeting Cloud shines in cloud deployment, allowing quick implementation and seamless integration with existing systems. It excels in advanced planning features like workforce planning and offers strong ERP integration capabilities. Meanwhile, Jedox offers intuitive reporting features that allow users to create dynamic, adaptable reports. It provides a robust ETL structure for effective data management and integration across multiple platforms.
Room for Improvement: Oracle could benefit from enhancing performance, particularly in dynamic calculations and improving user-friendly design for large data forms. It needs better visualization options and simpler integration processes. Jedox needs to modernize its interface, improve report customization, and simplify the technical setup required for consistent reporting. It also requires improvements in visualization and more training resources to aid users.
Ease of Deployment and Customer Service: Oracle supports diverse deployment models, including on-premises, public cloud, and hybrid options, though customer support receives mixed reviews. Jedox provides deployment on public and on-premises platforms, with customer support rated variably, particularly regarding technical assistance and setup guidance.
Pricing and ROI: Oracle's pricing is considered high, based on organizational size and user count, though negotiable discounts may alleviate costs. Its pricing offers savings by reducing infrastructure needs and enhancing process efficiency. Jedox presents flexible pricing attractive to larger organizations, with ongoing maintenance costs and a tailored pricing structure providing value, albeit possibly less suitable for smaller businesses. Both solutions enhance efficiency and decision-making despite differing pricing strategies.
| Product | Market Share (%) |
|---|---|
| Oracle Planning and Budgeting Cloud | 5.0% |
| Jedox | 4.6% |
| Other | 90.4% |
| Company Size | Count |
|---|---|
| Small Business | 6 |
| Midsize Enterprise | 3 |
| Large Enterprise | 4 |
| Company Size | Count |
|---|---|
| Small Business | 4 |
| Midsize Enterprise | 6 |
| Large Enterprise | 17 |
Integrated Corporate Performance Management software provides reliable data, insights, and guidance to everyone in your company. Jedox delivers it all: Self-service budgeting, planning, and forecasting combined with intuitive analytics and BI dashboards in one integrated software platform. Users across the enterprise in any department from Finance to Sales, HR, and Procurement create integrated plans and reports based on the same data model and business logic. Integrate financial planning and analysis with operational plans and reporting to optimize processes, boost data quality, and slash planning cycles throughout the organization.
Oracle Planning and Budgeting Cloud Service enables organizations of all sizes to drive accurate, connected plans across your business and be prepared for what's next. Navigate uncertainty with scenario modeling. Leverage built-in best practices and predictive intelligence across finance, line of business, and operations.
· Create decision-oriented plans: Make better decisions by creating goal-oriented, driver-based plans. Get immediate insight to your performance with interactive dashboards and reports and leverage predictive planning to recommend the best path forward.
· Connect your business: Connect every part of your business with a plan that is fully integrated across finance, operations, and lines of business. With connected planning, you can immediately analyze the impact of changes across your business.
· Do freeform modeling at scale: With Oracle Cloud EPM Freeform, model multiple complex financial and operational what-if scenarios with large-scale, freeform ad-hoc modeling. Use predictive planning features to validate assumptions and reduce the risk in your decisions.
· Apply sophisticated financial intelligence: Leverage financial intelligence and other powerful, built-in features to rapidly model multiple scenarios to quickly deal with change.
· Support your decisions with Monte Carlo simulations: Use Monte Carlo simulations to determine the likelihood of various scenarios, giving you confidence in your decisions.
· Align strategy with plans: Understand the impact of strategic decisions across your bottom line, balance sheet, cash flow, and shareholder value before pushing to your operational plan.
· Optimize capital structure: Model different funding options and understand the impact your strategies will have on your credit rating and capital structure.
· Plan for compensation expenses: Plan compensation-related expenses by employee, job code, or at a level of detail that makes sense for your business using out-of-the-box, driver-based planning.
· Align finance and HR: Build the workforce you need to execute on your strategic goals. Collaborate more with HR with prebuilt integration to Oracle Cloud Human Capital Management (HCM) and integration with other third-party cloud HCM solutions.
· Leverage wizard-based planning for ease of use: Maintain complex employee expense calculations, such as benefits, tax expense, and others with easy-to-use planning wizards.
· Track the full lifecycle of capital investment: Create cashflow and funding plans for investments and leased assets. Also plan for new capital assets and take advantage of out-of-the-box calculations for depreciation and amortization during the lifespan of the asset.
· Plan asset-related expenses: Easily model asset-related expenses such as repairs and insurance. Automate processes such as retirements, transfers, and improvements.
· Plan for intangible assets: Plan for new and existing intangible assets, including amortization and cash flow planning and impairments.
· Review your capital expenses: Get an overall capital expense spending analysis, including asset summary reports, and actual versus plan variances. See the impact on cash flow, balance sheet, and income statement by asset class and business unit.
· Model all project types: Use out-of-the-box drivers to plan costs related to both short- and long-term projects. These include internal projects, such as IT, R&D, marketing campaigns, and contract-based projects or projects across more complex project-oriented industries, such as construction, engineering, and professional services.
· Plan detailed project costs and revenues: Understand the financial impact of your projects. Use drivers that help you plan for individual employee and asset-related costs, as well as expected revenues.
· Track project performance: Use prebuilt metrics to track project revenue, expenses, and cash flow. Leverage performance indicators such as net present value, payback, and return on investment.
· Optimize your revenue plan: Accurately plan revenue, sales, and gross margin by adding dimensions for specific drivers related to your business.
· Plan for all expenses: Plan for all of your expenses with prebuilt best-practice expense drivers. Include expenses from workforce and capital planning with prebuilt integration.
· Analyze the balance sheet: See the full picture by integrating balance sheets fully with income statements and cash flow. Configure for industry-specific requirements.
· Model your cash flow: Model cash from operations with fully integrated cash flow planning for short, medium, and long-term time horizons.
· Connect you planning, execution, finance and operations: Transform plans into execution and monitor activity to detect unexpected events using IoT, AI and prescriptive analytics. Simulate and evaluate alternative response to maintain or improve business targets.
· Reduce decision latency: Leverage real-time planning and execution details to act on negative trends faster and more effectively.
· Consolidated view across the entire process: Improve your short and long range strategic planning by seamlessly integrating planning and execution in to a single data model.
IPM applies data science and machine learning to enable finance professionals to be more data driven, impacting key areas of the business, and take advantage of potential missed opportunities.
· Improve decisions with predictive planning: Identify and leverage patterns in your financial and operational data to improve accuracy. Run predictions on the latest actuals and factor those into your plans for more timely, objective decisions.
· Speed up data analysis to take faster action with Insights: Use embedded AI and machine learning (ML) to continually monitor your plans, forecasts, and variances, so you’ll be alerted about any anomalies, biases—as well as hidden correlations. Relevant insights now come straight to you, empowering you to take the right action in time.
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