Oracle Profitability and Cost Management Solution: Introduction and Differentiators
SummaryIn this blog post I am explaining what is PCMCS, referencing the product history as well as its main strengths
What is Oracle Profitability and Cost Management?
Organizations with world class finance operations generally can close in a minimal number of days (2-3 in an ideal organization) and have frequent and efficient budget and forecast cycles while also visiting different ‘what if’ scenario analysis along the way. These organizations often deliver in-depth profitability and cost management analysis reports at fund, project, product, and/or customer level, completing the picture of an accurate close cycle.
Oracle offers packaged options in support of all these finance processes, but the focus of this post will be Profitability and Cost Management (PCM).