Oracle Enterprise Performance Management Cloud vs Workiva Wdesk comparison

Oracle Enterprise Performance Management Cloud vs. Workiva Wdesk

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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

7th

Average Rating

7.8

Reviews Sentiment

6.4

Number of Reviews

Ranking in other categories

Financial Performance and Strategy Management (4th), Tax Management Software (2nd)

Workiva Wdesk

Ranking in Financial Close Software

6th

Average Rating

7.0

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

Business Performance Management (12th), GRC (8th)

Mindshare comparison

As of May 2026, in the Financial Close Software category, the mindshare of Oracle Enterprise Performance Management Cloud is 5.0%, down from 5.6% compared to the previous year. The mindshare of Workiva Wdesk is 6.1%, down from 6.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Financial Close Software Mindshare Distribution
Product	Mindshare (%)
Workiva Wdesk	6.1%
Oracle Enterprise Performance Management Cloud	5.0%
Other	88.9%

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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reviewer2510292

Corporate ESG Analyst at a university with 1,001-5,000 employees

Has cross-functional connectivity but improvement is needed in script encoding

The tool's deployment is quick. Once the program is set up, you're ready to collect data and connect it to your report. The deployment team's size depends on the size of the company and how many different data providers you're utilizing. Some companies have one person doing everything, while others have a huge team. We're on the latter end of it, with many people involved. One great thing about the platform is that everything is consolidated in one place, providing a single resource for everyone. This is a benefit. The maintenance of the solution depends on the experience of the person managing the company's program. The company might have a contractor handling the back end and software management if they're low-level and only analyzing the data. However, if you have someone experienced with software and script encoding, that person might be the analyst and managing the program. Generally, most people are just analysts and not managing the software. There's an opportunity for improvement in user management of their software, and I hope they address this gap before the year ends.

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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

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

"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."

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

"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."

"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."

"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 collaboration within the platform is valuable."

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

"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."

"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."

Cons

"On the cloud, additional security is required."

"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."

"On the cloud, additional security is required."

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

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

"The speed must be improved."

"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."

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

"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."

"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."

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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893,244 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

23%

Comms Service Provider

Manufacturing Company

Construction Company

Financial Services Firm

16%

Manufacturing Company

Construction Company

Computer Software Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

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?

I have no information about the pricing for Oracle Enterprise Performance Management Cloud.

What needs improvement with Oracle Enterprise Performance Management Cloud?

The learning curve in the beginning is a little difficult, but then it becomes easier. For a new user, it might be challenging, which I do not prefer. However, once you know the system, it can be r...

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

I use Oracle Enterprise Performance Management Cloud to pull financial information, income statement items, volume, and product pricing along with margin data. Oracle Enterprise Performance Managem...

What needs improvement with Workiva Wdesk?

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 mandat...

What advice do you have for others considering Workiva Wdesk?

I've been working with the tool's script encoding departments and top management to address gaps in their script encoding. They are working towards closing these gaps to ensure we can continue usin...

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Product Reports

Oracle Enterprise Performance Management Cloud

Download Oracle Enterprise Performance Management Cloud product report

Oracle Enterprise Performance Management Cloud report

Workiva Wdesk

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

Oracle Enterprise Performance Management Cloud vs. Workiva Wdesk