Press Release (ePRNews.com) - Atlanta, GA - Apr 18, 2017 - CXO Solutions® has announced the pre-launch of the CXO-Cloud for Oracle Planning and Budgeting Cloud Services (PBCS and EPBCS). Bringing the financial intelligence of the CXO-Cockpit™ enterprise performance (EPM) reporting platform to the Oracle Cloud. CX0-Cloud for Oracle PBCS offers the CFO office a centrally governed strategic reporting planning processes. Facilitating commentary collection and team collaboration, integrated in a pre-built and configurable platform through best practices out of the box dashboarding functionality and templates.
CXO-Cloud for Oracle PBCS combines years of experience in finance and Enterprise Performance Management (EPM) industry, together with the accumulated knowledge from the CXO Solutions experts and the fast-growing global CXO-Cockpit User community. The CXO-Cloud platform is designed specifically for the finance office and has pre-built reporting functionalities for dynamic financial planning and analysis such as specific best practice templates for rolling forecast dashboards. CXO-Cloud offers the insights needed by the CFO office, without the dependency and costs of IT and consultancy.
In financial planning and reporting process, it is vital to have the commentary from various business partners and other stakeholders as relevant context to the data. The CXO-Cloud platform enables FP&A teams to centrally govern the complete process of commentary collection and narrative management, including functionality such as commentary roll ups in hierarchies, commentary locking, commentary audit trails and pre-configured templates for consistent narratives.
With CXO-Cloud finance team members can interact and collaborate effectively and securely without ever leaving the reporting platform. CXO-Conversations™ is an intuitive and fast way to discuss specific reports and KPI’s with multiple team members in a specific state of that report regarding drill down levels, dimensional point of view and selected scenarios. This eliminates the confusion and delay of multiple versions of the data, the report or the view. Additionally, CXO-Designer™ allows finance teams to create share and distribute planning dashboards and reports securely from any web-browser while simultaneously managing reporting packs.
Wouter Born, Chief Technology Officer of CXO Solutions comments: “With CXO-Cloud for PBCS we are now able to unite all the planning intelligence of Oracle PBCS and the financial intelligence of CXO into one single cloud platform to help FP&A teams to Boost their Team Collaboration, Create Dynamic Planning Dashboard visualizations and effectively manage commentary.”
CXO-Cloud for Oracle PBCS launch is scheduled for June 2017, but CXO Solutions has announced to award 5 complete pre-launch trail installations to the equivalent of $10.000.
For more Information and to register for a free trial installation of CXO-Cloud for Oracle PBCS please go to http://www.cxo-cloud.com/
ABOUT CXO SOLUTIONS
CXO Solutions BV, provider of the CXO-Cockpit Digital Performance Reporting Platform, is an independent software company founded in 2007 by a team of Finance and Enterprise Performance Management (EPM) professionals with the aim of helping finance teams overcome the limits of Excel-based reporting processes and generic Business Intelligence (BI) tooling, optimize their processes and unleash the full potential of their organizations’ EPM systems, information and human talent. Thanks to prebuilt financially-intelligent EPM connectors, fully integrated commentary/narrative and strong reporting process governance, the HTML5 mobile and web-based CXO-Cockpit Strategic Performance solution ensures a true, shared and trusted single point of insight for fast and secure decision-making with full financial control, anywhere and at any time. CXO-Cockpit has an exclusive global customer base of over 80 multinational corporations and provides integrated Strategic Performance Reporting Solutions for all leading Enterprise Performance Management (EPM) systems, including Oracle Hyperion (Enterprise, HFM, Essbase and PBCS) SAP (BPC, BW, HANA), Tagetik and IBM (TM1 and Cognos Controller). More information: http://www.cxo-cockpit.com
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