Oracle Enterprise Performance Management Cloud vs Workiva Wdesk comparison

Oracle and Workiva are both solutions in the Financial Close Software category. Oracle is ranked #6 with an average rating of 7.0, while Workiva is ranked #8. Oracle holds a 4.6% mindshare in FCS, compared to Workiva’s 5.9% mindshare. Additionally, 100% of Oracle users are willing to recommend the solution, compared to 71% of Workiva users who would recommend it.

Oracle Enterprise Performan...

Read 6 Oracle Enterprise Performance Management Cloud reviews

1,657 Views
895 Comparison Views

100% willing to recommend

Workiva Wdesk

Read 7 Workiva Wdesk reviews

4,638 Views
881 Comparison Views

71% willing to recommend

Oracle Enterprise Performan...

Workiva Wdesk

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Oracle Enterprise Performance Management Cloud and Workiva Wdesk based on real PeerSpot user reviews.

Find out in this report how the two Financial Close Software solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed Oracle Enterprise Performance Management Cloud vs. Workiva Wdesk Report (Updated: June 2026).

Buyer's Guide

Oracle Enterprise Performance Management Cloud vs. Workiva Wdesk

June 2026

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Helped 908,834 peers since 2012

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

Oracle Enterprise Performan...

Ranking in Financial Close Software

6th

Average Rating

7.6

Reviews Sentiment

6.4

Number of Reviews

Ranking in other categories

Financial Performance and Strategy Management (5th), Tax Management Software (2nd)

Workiva Wdesk

Ranking in Financial Close Software

8th

Average Rating

7.0

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

Business Performance Management (16th), GRC (10th)

Mindshare comparison

As of August 2026, in the Financial Close Software category, the mindshare of Oracle Enterprise Performance Management Cloud is 4.6%, down from 6.2% compared to the previous year. The mindshare of Workiva Wdesk is 5.9%, down from 7.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Financial Close Software Mindshare Distribution
Product	Mindshare (%)
Oracle Enterprise Performance Management Cloud	4.6%
Workiva Wdesk	5.9%
Other	89.5%

Financial Close Software

Featured Reviews

Thanh_Nguyen

Solution Consultant at IERP JSC

Has supported effective budget planning but needs better data management and performance improvements

The problem with Oracle Enterprise Performance Management Cloud is that they use Essbase, causing the volume of data to increase rapidly. My customer has been using it for five years, and the database has increased to two or three terabytes, which is too big. Oracle has a limit on the database for each customer, notifying that the maximum is only three terabytes, requiring me to back it up elsewhere. The use of Essbase results in rapid database growth, which is an issue I think Oracle needs to improve. While the functions in Oracle Enterprise Performance Management Cloud are good, when I create formulas in the dimensions and refresh the data after making new dimensions, elements, or formulas, it takes a long time. I think this performance issue might be due to the large dataset, but since the system is on the cloud, the performance is still poor.

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Thomas Edward Biller

Senior Financial Analyst at Bakelite Synthetics

Allows multiple users, each responsible for specific sections, to collaborate efficiently

One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel. Sometimes, the features available in their versions of these applications fell short of the company's standards, which could be limiting. Having access to the latest versions might increase costs, but it is essential to keep up with the evolving technology landscape and meet the demands of companies that require faster reporting processes. This would make it easier to handle custom requests and adjustments, like creating specific data categories in Excel and seamlessly transferring them into Wdesk for presentations without the need for time-consuming manual adjustments.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"Purchasing this product indeed is a value addition; it's not going to be a bomb, it's not going to add any kind of liability, and it will have quite a positive impact on a company."

"The initial setup is pretty straightforward."

"Technical support is okay, and I find the technical support from Oracle to be good."

"The solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management."

"If you go in with that mindset and resource it properly, it's genuinely transformative for a finance function."

"The best features of Oracle Enterprise Performance Management Cloud are that it is customizable, allowing me to filter it really well to know exactly what I want."

"Oracle Enterprise Performance Management Cloud has impacted my organization by making everything clearer and more centralized."

"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."

"The cross-functionality between connectivity, whether through API connections between different software platforms or the connection of data collection to the actual written ESG report, is highly valuable. The connectivity of all these aspects significantly aids in data assurance, which I consider a bonus."

"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."

"It makes the compliance process more efficient and more effective."

"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."

"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."

"The collaboration within the platform is valuable."

Cons

"Integration of AI, IoT, and RPA-based automation and prediction features with the solution will be a great plus. Oracle is continuously investing efforts in this direction and new features are being released on a continuous basis."

"The problem with Oracle Enterprise Performance Management Cloud is that they use Essbase, causing the volume of data to increase rapidly."

"On the cloud, additional security is required."

"Oracle Enterprise Performance Management Cloud is definitely pretty old school and not as intuitive or user-friendly."

"Using Oracle Enterprise Performance Management Cloud has changed how my team works together and collaborates, though sometimes the interface feels unintuitive."

"The customer support for Oracle Enterprise Performance Management Cloud has been somewhat inconsistent. For critical issues, the response is reasonably fast; however, for more complex configuration questions, we often get passed around before finding someone who really understands the product deeply."

"Regarding the solution, reporting has certain areas that can be considered for improvement."

"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."

"The most critical issue is the need to shift between uppercase and lowercase."

"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."

"The tool's script encoding needs to be updated to make it more user-friendly and less of a manual process when changes are made to a company's program. Those changes happen frequently due to mandatory or voluntary reporting requirements, leading to lost linkage connections that must be manually reset each time a change is made. This aspect is not functional now, and I see it as an opportunity for improvement."

"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."

"The speed must be improved."

Pricing and Cost Advice

"Its licensing covers support and maintenance infrastructure as well."

"Our clients in Asia think that the solution is too expensive."

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908,834 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

24%

Comms Service Provider

Construction Company

Manufacturing Company

Financial Services Firm

16%

Manufacturing Company

Construction Company

Insurance Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

By reviewers
Company Size	Count
Small Business	3
Midsize Enterprise	1
Large Enterprise	3

By reviewers
Company Size	Count
Small Business	1
Midsize Enterprise	1
Large Enterprise	5

Questions from the Community

What is your experience regarding pricing and costs for Oracle Enterprise Performance Management Cloud?

My experience with pricing, setup cost, and licensing for Oracle Enterprise Performance Management Cloud is that it's not cheap. The licensing is subscription-based and scales with the number of us...

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What needs improvement with Oracle Enterprise Performance Management Cloud?

Using Oracle Enterprise Performance Management Cloud has changed how my team works together and collaborates, though sometimes the interface feels unintuitive. I do not wish Oracle Enterprise Perfo...

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What is your primary use case for Oracle Enterprise Performance Management Cloud?

My main use case for Oracle Enterprise Performance Management Cloud includes learning resources, user cards, and various other functionalities. The company handles forecasting, strategic modeling, ...

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Product Reports

Buyer's Guide

Oracle Enterprise Performance Management Cloud

July 2026

Oracle Enterprise Performance Management Cloud report

Download Oracle Enterprise Performance Management Cloud product report

Buyer's Guide

Workiva Wdesk

July 2026

Download Workiva Wdesk product report

Also Known As

Oracle EPM Cloud

Wdesk

Overview

Oracle Enterprise Performance Management Cloud enhances enterprise functions by offering predictive modeling, dynamic integration, and robust security. It supports both cloud and on-premises deployments with ease of setup, making it adaptable for strategic and operational planning.

Oracle Enterprise Performance Management Cloud integrates enterprise functions by providing tools for strategic planning, cost management, and operational analysis. Despite its powerful capabilities, improvements are needed in AI, IoT, and RPA integration. The platform handles security and vulnerability protection and accommodates substantial data with some database size limitations due to Essbase. This can lead to performance challenges during data-intensive operations. Familiarity improves usability, while automation enhances efficiency, although initial script configuration is required. Essential for industries seeking data-driven decision-making and strategic insight.

What are the key features of Oracle Enterprise Performance Management Cloud?

Predictive Modeling: Integrates predictive analytics for strategic insights.
Customization: Offers customizable filtering for precise data management.
Security Tools: Utilizes Burp Suite and Wireshark for vulnerability protection.
Deployment Flexibility: Supports cloud and on-premises deployment with ease.
Automation: Requires script configuration but optimizes operations.

What benefits and ROI should you expect?

Strategic Planning: Enhances decision-making and foresight.
Cost Management: Supports profitability analysis and cost controls.
Data Centralization: Facilitates centralized data handling for efficiency.
Compliance: Ensures secure coding and adherence to standards.

Businesses across sectors leverage Oracle Enterprise Performance Management Cloud for strategic planning and financial processing. Industries like aviation and finance utilize its automation capabilities for tasks such as flight data analysis and income statement processing, as seen with Vietnam Airlines. The platform supports strategic roadmaps and secure third-party integrations, essential in sectors that require rigorous data handling and compliance assurances.

Oracle

Workiva Wdesk specializes in updating financial results with seamless API connectivity and strong data assurance. Valued for its effective compliance processes, the platform enhances collaboration, making it efficient for financial data handling and reporting schedules.

Known for its integration with ERP tools, Workiva Wdesk supports standardized data flow, easing management and document replication for updates. Its user-friendly interface facilitates efficient collaboration for tasks like SOX, internal audit, and SEC filings. However, users point out the need for better compatibility with PowerPoint and Excel features, improved search functionality, and enhanced data linkage management. There are also concerns regarding encoding, data loss during server refreshes, and workflow inefficiencies.

What are the key features of Workiva Wdesk?

Seamless API Connectivity: Allows for easy integration with existing systems.
Data Assurance: Provides robust backup and security.
User-Friendly Interface: Simplifies navigation and task management.
ERP Integration: Supports standardized data flow and document updates.
Collaboration Tools: Enhances teamwork with multiple contributors on projects.

What benefits should users expect?

Improved Financial Reporting: Streamlined report generation for SEC filings and financial reporting.
Enhanced Compliance: Effective processes for SOX and internal audits.
Efficient Data Management: Standardized data flow and document handling.
Increased Productivity: User-friendly interface aids swift adoption and use.

Workiva Wdesk is extensively used across industries for creating and managing board deck presentations, aiding teams in generating annual reports and preparing detailed reports including data tables. It facilitates collaboration in financial settings, addressing needs in compliance, risk management, and audit preparation.

Workiva

Sample Customers

Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited

Noodles Company, eBay, Winnebago, American Assets Trust, AmericanEnterprise, Calpian, Capstone Infrastructure, Cascades, Circor International, Coeur Mining, Davey, Dr Pepper Snapple

Buyer's Guide

Oracle Enterprise Performance Management Cloud vs. Workiva Wdesk

June 2026

Free Report: Oracle Enterprise Performance Management Cloud vs. Workiva Wdesk

Find out what your peers are saying about Oracle Enterprise Performance Management Cloud vs. Workiva Wdesk and other solutions. Updated: June 2026.

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