Planning, Budgeting and Forecasting
Modern planning and budgeting tools now enable the CFO to move beyond static forecasts and become a strategic partner across the business. Our solution connects finance, operations and business-units in one unified plan.
Futuresense helps you drive accurate, connected plans across your business. Powerful analytics, dashboards, what-ifs, and predictive capabilities give you unparalleled insight into your business, helping you to identify and leverage patterns in financial and operational data to forecast the most likely outcomes.
Accurate numbers that drive impactful business decisions
We enable financial decision-makers to analyse complex information and present it effectively,allowing them to make better business decisions.
Access and integrate data from source systems directly
Enable secure, collaborative, and process-driven workflows
Deliver timely, accurate insights to key stakeholders
to turn your data into insights to drive your business
Planning
Planning is one of the only corners of finance where the future is as important as the present, and it plays a crucial role in underpinning the outlook and direction of the business.Deploy configurable planning best practices for all lines of business: Finance, HR, Sales, Marketing, IT, Operations, and more.
EPM Planning Features
Integrated Business Planning
Connect financial and operational plans in a single platform
Driver-Based Planning
Create models based on business drivers for more accurate projections
Scenario Analysis
Develop and compare multiple planning scenarios
Rolling Forecasts
Move beyond static annual plans with continuous forecasting.
Pre-built Content
Leverage industry-specific templates and best practices
Self-Service Reporting
Enable stakeholders to access the information they need.
Forecasting
Forecasting is essential to making the right business decisions. Technology has enabled more stakeholders to participate in the process, advanced software has expanded the complexity and scope of forecasts, and finance professionals are rebalancing their skills as the requirements of their jobs change before them. Futuresense helps meet the demands of today’s fast-paced, agile business models, so organisations gain trust in their data.
EPM Forecasting Features
Predictive Planning
Utilise AI and machine learning to identify trends.
Statistical Analysis
Apply sophisticated statistical methods for improved accuracy.
Driver-Based Forecasting
Connect operational metrics to financial results.
Variance Analysis
Quickly identify and explain differences between forecasts and actuals.
What-If Scenarios
Test different assumptions to understand potential impacts
Automated Data Integration
Seamlessly incorporate data from multiple sources.
Budgeting
Budgeting can be a very time-intensive process. Instead of investing time in valuable analysis and sharing insights, teams must devote hours to data wrangling and managing manual processes. Futuresense helps you create automated goal-oriented plans that are continuously updated and analysed.
Built-in intelligence and best practice frameworks.
Capabilities that span finance, operations, and line-of-business.
EPM Budgeting Features
Top-Down and Bottom-Up Approaches
Support multiple budgeting methodologies.
Workflow Automation
Reduce manual effort with guided processes.
Version Control
Maintain multiple budget versions with full audit trails.
Allocation Management
Distribute shared costs using flexible allocation rules.
Excel Integration
Work in familiar interfaces while leveraging EPM capabilities
Collaborative Budgeting
Enable input from stakeholders across the organisation
Benefits of Using EPM for Budgeting, Forecasting & Planning
Oracle EPM planning and budgeting solutions deliver significant advantages:
- Access anywhere, anytime, any device
- Unlimited rolling forecast capability
- Unlimited budgets with version control
Improved financial forecasting and planning accuracy
Enhanced collaboration across finance and operations
Reduced reporting cycle times
Better compliance and audit readiness
Greater agility in decision-making
Scalable platforms that grow with your business
Frequently Asked Questions
What is EPM Planning?
EPM Planning is a comprehensive approach to business planning that integrates financial and operational plans using Enterprise Performance Management software. Oracle EPM planning solutions enable organisations to create connected plans across finance, sales, operations, and other departments, providing a unified view of business performance.
What is EPM Forecasting, and how does Futuresense support it?
EPM Forecasting uses advanced analytics and statistical methods to predict future business outcomes based on historical data and business drivers. Futuresense implements Oracle forecasting solutions that allow organisations to create accurate, rolling forecasts that adapt to changing business conditions.
Are EPM Planning and Budgeting suitable for businesses of all sizes?
Yes, EPM planning and budgeting solutions are scalable and can be configured to meet the needs of organisations of all sizes. Futuresense tailors implementations to fit your specific requirements, whether you’re a growing mid-market company or a large enterprise.
Can EPM Planning and Budgeting be customised to fit specific industry requirements?
Absolutely. Futuresense customises EPM planning platforms to address industry-specific challenges and planning requirements while incorporating best practices relevant to your sector.
How is EPM Forecasting different from Budgeting?
While EPM budgeting typically focuses on setting financial targets for a fixed period, EPM forecasting is a more dynamic process that predicts future outcomes based on current and historical data, allowing for more agile decision-making.
What benefits can organisations expect from implementing EPM for Budgeting, Forecasting, and Planning?
Organisations implementing EPM solutions typically experience reduced planning cycle times, improved forecast accuracy, enhanced collaboration between finance and operations, better resource allocation, and more informed decision-making.
How does EPM support financial performance management?
EPM platforms provide a comprehensive framework for financial performance management by connecting strategic goals with operational plans, monitoring performance against targets, and enabling corrective actions.
Does Futuresense offer ongoing support for EPM solutions?
Yes, Futuresense provides comprehensive support services for EPM planning solutions, including technical support, user training, system optimisation, and regular updates.
Are Futuresense's EPM solutions cloud-based or on-premise?
Futuresense offers both cloud-based and on-premise EPM solutions. Oracle EPM planning is available as part of Oracle Cloud EPM, providing the benefits of lower IT costs, automatic updates, and anywhere access.
How does Futuresense drive accurate, connected plans across businesses?
Futuresense implements EPM solutions that integrate data from multiple sources, connect planning processes across departments, and provide consistent planning frameworks, creating truly connected plans that reflect business realities.
What modules and frameworks does Futuresense offer for rapid planning deployment?
Futuresense leverages pre-built planning modules for Finance, Workforce, Capital, Projects, and Strategic Modeling, along with industry-specific planning templates that accelerate implementation.
How does Futuresense EPM contribute to improved accuracy, relevance, and speed of forecasts?
Futuresense EPM implementations automate data collection and consolidation, apply advanced statistical methods, and streamline approval workflows, significantly reducing forecast cycle times while improving the quality of forecasting outputs.
