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

8th

Average Rating

7.8

Reviews Sentiment

6.4

Number of Reviews

Ranking in other categories

Financial Performance and Strategy Management (3rd), Tax Management Software (4th)

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 (11th), GRC (8th)

Mindshare comparison

As of January 2026, in the Financial Close Software category, the mindshare of Oracle Enterprise Performance Management Cloud is 5.2%, up from 4.8% compared to the previous year. The mindshare of Workiva Wdesk is 6.0%, up from 5.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Financial Close Software Market Share Distribution
Product	Market Share (%)
Workiva Wdesk	6.0%
Oracle Enterprise Performance Management Cloud	5.2%
Other	88.8%

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 initial setup is pretty straightforward."

"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 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."

"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."

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

"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."

"The collaboration within the platform is valuable."

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

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."

"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 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."

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

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

"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 speed must be improved."

"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."

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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Top Industries

By visitors reading reviews

Financial Services Firm

28%

Manufacturing Company

Government

Comms Service Provider

Financial Services Firm

15%

Manufacturing Company

Computer Software Company

Insurance 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

Gain the agility and insights you need to outperform in any market condition. Oracle Fusion Cloud Enterprise Performance Management (EPM) helps your mid to enterprise level company model and plan across finance, HR, supply chain, and sales, streamline the financial close process, and drive better decisions.

Why Customers Choose Oracle Fusion Cloud EPM:

Gain value with the most complete cloud

Comprehensively address your needs with functional breadth and depth across financial and operational planning, consolidation and close, master data management, and more

Use embedded intelligence to make better decisions

Drive better decisions with scenario modeling and built-in, advanced analytics. AI and machine learning bring you data-driven insights to help you take action faster

Plan continuously across your business

Seamlessly connect data across your entire organization so you can build forecasts and scenarios that update automatically as your bottom line changes.

Trust the acknowledged leader in Enterprise Performance Management

Oracle EPM consistently tops analyst rankings; thousands of customers gain more value from running their EPM processes with Oracle in the cloud.

Oracle

Wdesk is used across the enterprise to support hundreds of data collaboration, reporting, and compliance processes. Use Wdesk to:

Optimize your structured and composite reports
Improve trust in your data, reports, and presentations
Transform processes to enable insight

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