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Are EPM solutions worth looking into for enterprises? As Nucleus Research points out in one of their reports, “...as organizations grow in size and complexity, they will need financial solutions that are cost-effective and easy to manage.” We believe that for many enterprises it means updating their legacy systems to save time and ensure data accuracy for FP&A. This is the difference we see between legacy systems and modern systems implemented by enterprises. Legacy systems: • Relying on a patchwork of systems to share, normalize, verify, and analyze siloed data • Having to gather, validate and cleanse complete data before making data-driven decisions • Having to spend time on consolidating data, verifying it and maintaining version control, not actual analysis • Lacking visibility across all lines of business and departments Modern systems: • Integrated platforms that enables teams to focus on analysis, reporting, and planning • Immediate access to the entire organization’s data • A single source of trusted information for planning, reporting, and analysis • Centralized access to real-time, automatically verified data across finance, operations, sales, and HR Read our e-book on the challenges of legacy systems and the ways in which modern EPM solutions like Oracle EPM Cloud can help enterprises unlock more value: https://lnkd.in/g59dBvnx #FinancialTransformation #EPM #EnterprisePerformanceManagement

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