Jirav vs Oracle EPM

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Our analysts compared Jirav vs Oracle EPM based on data from our 400+ point analysis of EPM Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Jirav streamlines financial and analytical procedures with in-depth financial modeling. Efficient bookkeeping modules boost profitability. Construct growth predictions and gauge actuals against projections with more precision.

Centralize numerous KPIs to effectively craft budgets and predictions. It allocates plans, files and dashboards to specific editors and other users for simplified feedback. Budget, report, and dashboard and plan are top features.
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Oracle EPM is a comprehensive cloud-based suite of applications designed to automate and streamline core enterprise performance management processes. It caters to organizations of all sizes, particularly those seeking to gain deeper insights into financial data, improve budgeting and forecasting accuracy, and optimize operational efficiency. Key benefits include enhanced financial reporting, centralized data management, improved collaboration, and real-time visibility into performance metrics. Popular features include a user-friendly interface, advanced analytics capabilities, and integration with other Oracle Cloud applications. User reviews highlight the platform's scalability, robust functionality, and strong customer support. However, some users note the complexity of the software and the need for specialized training. Pricing varies based on the specific modules and deployment options chosen. On-premise implementations typically involve upfront licensing fees, while cloud-based subscriptions offer pay-as-you-go models.

Pros
  • Scalable
  • Robust functionality
  • User-friendly interface
  • Advanced analytics
  • Strong customer support
Cons
  • Complex software
  • Requires specialized training
  • High cost
  • Limited customization options
  • Integration challenges
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$20,000 Annually, Quote-Based
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Tailored to your specific needs
$250/User, Monthly
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Tailored to your specific needs
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Mobile
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Product Assistance

Documentation
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Videos
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Videos
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Email
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FAQ
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Save Time: Initiate automatic investor bundles and critical files to eliminate time using spreadsheets. 
  • Leverage Instant Access: Obtain prompt KPI and metric authorizations on comprehensive dashboards for better evaluations. 
  • Pinpoint Plan Deviations: Monitor progress against established budgets and plans to detect and resolve discrepancies as they occur. 
  • Perform What-If Models: Craft and contrast various what-if scenarios to determine ideal growth tactics and make better choices. 
  • Drill Down Into Cash Flow: Find and understand garnered profitability while predicting no-profit days and other economic benchmarks to understand gained and lost revenue. 
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  • Enhanced financial reporting accuracy and transparency: Get a clear, accurate picture of your financial health with automated reporting tools and real-time data insights.
  • Improved budgeting and forecasting capabilities: Make better-informed decisions by leveraging data-driven forecasts, scenario planning, and collaborative budgeting tools.
  • Streamlined financial consolidation processes: Simplify and accelerate your financial close with automated consolidation workflows, centralized data management, and real-time reporting.
  • Increased operational efficiency and cost savings: Optimize resource allocation, identify cost reduction opportunities, and improve overall operational efficiency.
  • Enhanced collaboration and communication across departments: Break down silos and foster collaboration with a unified platform for sharing financial data, insights, and goals.
  • Real-time visibility into performance metrics and trends: Gain constant insights into key performance indicators and track progress towards strategic objectives.
  • Enhanced decision-making capabilities: Make data-driven decisions with access to actionable insights, real-time data visualizations, and predictive analytics.
  • Reduced risk of financial errors and fraud: Improve financial controls, strengthen compliance, and minimize the risk of financial errors and fraud.
  • Improved compliance with regulatory requirements: Efficiently comply with complex financial regulations with automated compliance tools and pre-built reports.
  • Scalability to accommodate future growth: Adapt to your evolving business needs with a flexible platform that can scale to accommodate future growth.
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  • Integrations: Link with systems like QuickBooks, NetSuite, Sage Intacct, Xero, Gusto, Excel and Google Sheets. 
  • Forecast
    • Centralization: Merge accounting, workforce and operational information in one financial hub to monitor progress and look ahead. 
    • Modeling: Develop simple sales forecasts or produce intricate industry-made models with tailored tables. 
    • Workforce Planning: Plot for specific new hires or roles linked to bookkeeping models. Add headcount costs, like benefits and taxes. 
  • Report and Dashboard
    • Detailed Reports: Create and exhibit interesting reports with the ideal information. 
    • User-Based Files: Tailor documents for all roles, such as employees, managers, investors and more. 
    • Collaborative Reporting: Package and allocate monthly accounting documentation to stakeholders, leaders and other vital team members. 
  • Plan
    • Custom Drivers and Formulas: Develop recipes and models to meet unique metrics. Utilize built-in drivers or make new ones. 
    • Department Budgeting: Go off of previous numbers or start brand new budgets for each budget. 
    • Expenditure Modeling: Establish capital purchase models and review associated depreciations. 
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  • Planning: Use dashboards to get insights into performance and predictive strategizing to understand how to drive the business ahead. Connect various aspects of the organization and understand how every decision impacts profitability. Verify assumptions and minimize risks with free-form modeling at scale. Structure multiple scenarios and implement accounting intelligence. 
    • Monte Carlo Simulations: Check the possibility of plots and make well-informed decisions. Automate asset-related expenses and plan efficiently for intangible assets. Review capital expenses and check impacts on cash flow, balance sheets, income statements and more. Track project performance with detailed metrics and minimize decision latency with real-time strategy and execution details. 
    • Integrated Business Planning And Execution: Establish a connection between finance, planning, execution and operation. Apply data science and machine learning to improve decision-making and speed up data analysis. 
  • Profitability and Cost Management: Invest in the right resources by analyzing which customers, products and other factors are boosting profit. Make better IT decisions by gaining insights into IT expenditure and shared services. See where money is allocated by providing shared-services prices to different departments. 
    • Automatic Price Recording: Model regulatory value by calculating and automatically recording price for overhead rate justification, jurisdiction profitability, negotiations and more. Create and maintain profitability and price structure without scripts or coding, but with point and click actions. Quickly transform assumptions and allocation methods without re-building layouts or relying on IT services. 
    • Optimization: Optimize profitability by modeling changes like adding new customers and products, changing delivery positions and more. Analyze and understand which drivers and methods affect the bottom line. Keep an eye on allocation details with money and profitability maps. 
    • Security: Make sure that only authorized people have access to data with cloud-based applications. Add new dimensions and segments as the company grows. Merge monetary data with metrics and business drivers while running step-by-step validation reports. 
    • Accessibility: Ensure accessibility with a mobile workforce and configure dashboards to analyze the most current data. Identify gaps and what is helping the bottom line with pre-built graphs and KPIs. Perform variance analysis and optimize profitability. 
  • Financial Consolidation and Close: Automatically calculate cash flow, balance sheets and reduce customization needs. Implement a pre-configured consolidation model to meet global requirements like IFRS and GAAP. Simplify complex consolidation and boost the precision of information by re-classifying, adjusting and eliminating data for accuracy and speed. Track KPIs by creating calculations for organization-specific requirements. 
    • Automate Consolidations: Minimize manual work by automating consolidations in the background. Add details to reports with a narrative commentary. Ensure transparency and compliance by enforcing segregation of duties, calculation and user-activity logging. Keep track of what changes have been made and by whom. 
  • Account Reconciliation: Automate and meet compliance requirements of high-volume transactional reconciliations. Match details of millions of transactions in minutes with an automatic engine. Speed up the matching process by confirming or declining auto-suggested matches. Develop flexible matching rules for a single or group of transactions. 
    • Automate Reconciliations: Simplify reconciliations by defining data sources and attributes for unlimited items. Save time by automatically creating journal entries. Increase accuracy by automating repetitive reconciliations like zero balance and low risk. Identify outliers that might be potentially slowing down the financial close. 
    • Compliance: Get global auditability and ensure compliance is being met with reconciliations logged in the application. Create separate profiles for each account with variances without any custom code. Control the entire process and keep the team on the same page with built-in workflows. Get the flexibility to meet specific business requirements with a pre-built format. Make intercompany reconciliations automatic and enhance close cycle effectiveness with operational and compliance dashboards. 
  • Tax Reporting: Directly access records from general ledgers and use the most current data to calculate correct tax provisions. Comply with GAAP and IFRS requirements. Minimize manual processes by directly importing tax-return details from the software. Add country-by-country data from the consolidation system. Analyze tax data from pre-built KPIs on the dashboard. Incorporate reporting details and collaborate with users around the world on local files. 
    • Provision Automation: Automate processes like research and development, tax position, compliance, provision. Develop and maintain a calendar for important tax processes like audit management and tax compliance. Evaluate price associated with transportation, handling and insurance to implement the most cost-effective shipping option. 
  • Native Reporting: Access data directly from Oracle and non-Oracle sources like spreadsheets or applications. Create a consistent and controlled process by making use of existing reports. Send a single report by combining statements and data with textual narrative. Provide authors with accurate data and add multiple writers to documents. Reuse common content by using previous reports and ensure centralized maintenance of dates, data and text. 
    • Tracking and Sharing Reports: Track report statuses on mobiles and the web. Develop reports with complete audit trails and insight into transformations. Collaborate on content and create conversational threads to carry into the entire review circle. Share reports with stakeholders at any point of development. Produce briefing books and financial record books that can be accessed via mobile, web or desktop interface. 
  • Enterprise Data Management: Establish connections between Oracle and non-Oracle applications using adapters. Import lists and save time spent validating data entry. Cross-check viewpoints to boost the quality of applications within the organization. Sign requests with shopping cart interfaces. Implement custom application validations to keep track of notes during requests. 
    • Tagging and Communication Threads: Make changes to existing items and submit new items with a single click. Tag participants and send real-time email notifications with @ references. Use communication threads to keep track of activities. Ensure security with detailed, permission-based access to applications. Compare and understand differences with a side-by-side layout. 
    • Drag and Drop: Make transformations to viewpoints within and across applications with drag and drop or fill out the details using an automated workflow. Download viewpoints to desktop files and reload to conduct mass updates. Script automated integrations with REST APIs. Boost transparency by configuring data access for external auditors. 
  • Enterprise Resource Planning: Use datasets to predict, detect and act on uncertain and unpredictable situations. Speed up overall response time by uncovering significant deviations and revealing otherwise hidden information and bias. Eliminate manual processes with automation and invest more time understanding the data instead of entering it. 
    • AI Digital Assistants: Simplify and boost common and repetitive tasks with AI-powered digital assistants. Clear approvals faster by customizing tasks and over budget notifications. Identify trends and launch models accordingly. Keep track of results in real time and refine the approach as the business progresses. 
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Product Ranking

#14

among all
EPM Software

#18

among all
EPM Software

Find out who the leaders are

Analyst Rating Summary

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100
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Cash Management
Project Planning
Workforce Planning
Profitability Modelling and Analysis
Reports and Dashboards
Capital Expenditure Planning
Cash Management
Financial Consolidation and Reconciliation
Integration and Extensibility
Planning, Budgeting,and Forecasting

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Jirav
Oracle EPM
+ Add Product + Add Product
Capital Expenditure Planning Cash Management Financial Consolidation And Reconciliation Planning, Budgeting,and Forecasting Platform Capabilities Profitability Modelling And Analysis Project Planning Reports And Dashboards Revenue Planning Sales Planning Workforce Planning 84 100 55 78 71 97 100 88 80 86 100 100 100 100 100 100 100 100 100 100 100 100 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Excellent User Sentiment 12 reviews
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97%
of users recommend this product

Jirav has a 'excellent' User Satisfaction Rating of 97% when considering 12 user reviews from 1 recognized software review sites.

we're gathering data
4.83 (12)
n/a

Awards

SelectHub research analysts have evaluated Jirav and concluded it earns best-in-class honors for Cash Management, Project Planning and Workforce Planning. Jirav stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Cash Management Award
Project Planning Award
Workforce Planning Award

SelectHub research analysts have evaluated Oracle EPM and concluded it deserves the award for the Best Overall EPM Software available today and earns best-in-class honors for Capital Expenditure Planning, Cash Management, Financial Consolidation and Reconciliation, Planning, Budgeting,and Forecasting, Platform Capabilities, Project Planning, Sales Planning, Workforce Planning and Integration and Extensibility.

Analysts' Pick Award
Capital Expenditure Planning Award
Cash Management Award
Financial Consolidation and Reconciliation Award
Planning, Budgeting,and Forecasting Award
Platform Capabilities Award
Project Planning Award
Sales Planning Award
Workforce Planning Award
Integration and Extensibility Award

Synopsis of User Ratings and Reviews

Flexible Reporting and Dashboards: Users praise Jirav for its customizable dashboards and reports, which allow them to visualize financial and operational data in ways that suit their specific needs. This flexibility makes it easier to track key performance indicators (KPIs) and gain insights into business performance.
Intuitive User Interface: Many users find Jirav's interface easy to navigate and use, even for those without extensive finance or technical backgrounds. The platform's intuitive design simplifies tasks like creating budgets, generating reports, and collaborating with team members.
Strong Integration Capabilities: Jirav integrates seamlessly with various other business applications, such as QuickBooks, Xero, and NetSuite. This connectivity streamlines data flow and reduces manual data entry, saving time and improving accuracy.
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Streamlined processes: Users appreciate how EPM automates manual tasks and provides real-time insights, improving efficiency and accuracy.
Enhanced collaboration: Users value EPM's ability to facilitate seamless collaboration across departments, leading to better decision-making.
Increased visibility: Users find EPM's consolidated view of financial data across the organization invaluable for better planning and forecasting.
Improved compliance: Users appreciate how EPM helps them comply with complex financial regulations and standards.
Scalability and flexibility: Users are satisfied with EPM's ability to adapt to their changing needs and grow with their business.
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Reporting Limitations: Some users have expressed frustration with limitations in Jirav's reporting capabilities, particularly when it comes to complex or highly customized reports.
Learning Curve: A few users have mentioned that Jirav can have a steep learning curve, especially for those who are new to FP&A software or those accustomed to more traditional spreadsheet-based methods.
Limited Integrations: While Jirav integrates with popular accounting software, some users have pointed out that it lacks integrations with certain other business tools they use.
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Complexity: Users find the initial setup and configuration of EPM to be complex and time-consuming.
Cost: EPM can be expensive, especially for smaller businesses, due to licensing fees and implementation costs.
Learning curve: EPM has a steep learning curve, requiring users to invest time and resources in training.
Limited customization: While EPM offers some customization options, it may not be flexible enough for all businesses.
Integration challenges: Integrating EPM with other systems can be complex and require additional resources.
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Is Jirav a jarring experience or a smooth ride for businesses seeking EPM solutions? User reviews from the past year suggest that Jirav is a user-friendly platform that excels in financial forecasting and reporting. Many users praise its intuitive interface, making it easy to navigate and find the features they need. They also highlight its robust reporting capabilities, allowing them to generate insightful financial reports with ease. For example, users have found Jirav particularly helpful in creating detailed cash flow forecasts and budget versus actual reports, providing valuable insights into their financial performance. However, some users have pointed out limitations in Jirav's workforce planning capabilities. While it offers basic features for managing employee data, it lacks the depth and sophistication found in dedicated HR management systems. For instance, Jirav may not be suitable for organizations with complex workforce planning needs, such as those requiring detailed skills tracking or succession planning. Overall, Jirav appears to be a strong contender in the EPM market, particularly for businesses that prioritize financial planning and reporting. Its user-friendly design and robust reporting features make it a valuable tool for finance teams. However, organizations with complex workforce planning requirements may need to consider alternative solutions.

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User reviews for Oracle EPM paint a mixed picture, highlighting both its strengths and weaknesses. Many users praise its ability to automate tasks, streamline processes, and provide real-time insights, leading to improved efficiency and accuracy. They also value its ability to facilitate collaboration across departments and its centralized view of financial data, which fosters better decision-making. One user commented, "EPM has completely transformed our financial close process, reducing our closing time by 50%." Others appreciate how EPM helps them comply with complex regulations, with one user stating, "EPM has saved us countless hours and resources by automating our compliance reporting." However, some users find EPM's initial setup and configuration to be challenging and time-consuming. The cost can also be a barrier for smaller businesses. Additionally, the steep learning curve requires users to invest significant time and resources in training. Some users also expressed frustration with EPM's limited customization options and the challenges they faced integrating it with other systems. One user noted, "While EPM offers a lot of features, it can be inflexible at times and doesn't always meet our specific needs." Another user commented, "Integrating EPM with our existing ERP system was a major headache." When comparing EPM to similar products like SAP BPC and Anaplan, users often highlight EPM's comprehensive feature set, robust security measures, and seamless integration with other Oracle applications as its main differentiating factors. However, some users find SAP BPC to be more user-friendly and Anaplan to be more agile and adaptable. Ultimately, the best choice for individual users and businesses depends on their specific needs and priorities.

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Screenshots

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