​Despite the equal importance of both operational and strategic planning, organizations all-too-often sacrifice requirements in one area due to high software acquisition costs, resource constraints, and/or numerous other priorities that arise in an ever-dynamic environment.

The good news is that the release of Oracle’s first Strategic Modeling within EPBCS (Enterprise Planning and Budgeting Cloud Service) now offers these organizations an opportunity to tackle both areas of need in a streamlined, cost-effective manner that adds value to the planning process and, ultimately, maximizes return on investment.

So…How Exactly Does EPBCS Do That?

To answer that question, let’s first discuss what true “Enterprise Planning” is supposed to be.

Enterprise Planning can be defined as a methodology (backed by technology) that assists an organization in creating and linking its strategic, financial, and operational plans into a single cohesive system. The process should be used to facilitate the setting of goals, the generation of plans guided by those goals, and the monitoring of results with the ability to update plans quickly as conditions on the ground change.

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