Unleash the Power of EPM Cloud and OAC for Double the Success

Table of Contents

1. Introduction
2. Pemco: An Overview
3. Pemco's Journey with Planning Cloud and OAC
   • 3.1 Why Pemco Uses Planning Cloud and OAC Together
   • 3.2 When to Combine Planning Cloud and OAC
   • 3.3 The Implementation Process
   • 3.4 Integrating the Two Solutions
4. Issues with the Prior On-Prem Solution
5. Transitioning from Excel to On-Prem and Cloud
6. Moving to the Cloud: Is it the Right Decision?
7. The Full Scale of an Oracle BI and EPM Cloud Solution
8. Overview of Planning Cloud Features
9. Benefits of Using Planning Cloud and OAC Together
10. Pemco's Phased Approach to Cloud Migration
11. Lessons Learned and Project Goals
12. Using OneCloud as the Integration Solution
13. Managing Data Structures in Planning Cloud and OAC
14. The Size of Pemco's Internal Admin Team
15. Why Pemco Chose OneCloud over Other Tools
16. The Easiest and Most Difficult Parts of the Migration
17. Conclusion

Pemco's Journey with Planning Cloud and OAC

Pemco, an insurance company located in Seattle, Washington, embarked on a journey to migrate from their prior on-prem solution to the cloud. This article will Delve into Pemco's experience with implementing Planning Cloud and Oracle Analytics Cloud (OAC), and how they have successfully integrated the two solutions for their planning, reporting, and analytics needs.

1. Introduction

In today's rapidly evolving business landscape, organizations are realizing the importance of embracing digital transformation and leveraging cloud-Based solutions. Pemco is no exception, as they sought to address the challenges they faced with their prior on-prem solution. This article will explore the benefits, challenges, and best practices associated with Pemco's journey to Planning Cloud and OAC.

2. Pemco: An Overview

Before diving into Pemco's journey with Planning Cloud and OAC, let's take a moment to understand Pemco as a company. Pemco is an insurance provider specializing in property and casualty insurance. With their headquarters in Seattle, Washington, Pemco serves customers across Washington and Oregon.

3. Pemco's Journey with Planning Cloud and OAC

Pemco recognized the need to modernize their planning, reporting, and analytics processes to overcome the limitations of their prior on-prem solution. This section will provide insights into why Pemco decided to use Planning Cloud and OAC together, the implementation process they followed, and how they integrated the two solutions.

3.1 Why Pemco Uses Planning Cloud and OAC Together

Pemco understood the value of combining Planning Cloud and OAC to achieve optimal results. This combination allowed them to leverage the strengths of each solution and enhance their planning, reporting, and analytics capabilities. By using Planning Cloud for planning and OAC for reporting and analytics, Pemco was able to provide accurate and Timely data to their consumers and facilitate better decision-making.

3.2 When to Combine Planning Cloud and OAC

Determining the appropriate time to combine Planning Cloud and OAC is crucial. Pemco shares their insights on when it makes Sense to integrate the two solutions. Factors such as old servers, limited IT support, the need for a new solution, and compatibility issues can indicate that it's time to consider moving to the cloud.

3.3 The Implementation Process

Pemco provides valuable insights into the implementation process they followed to transition from their prior on-prem solution to Planning Cloud and OAC. They Outline the phased approach they adopted, the modules they deployed, and how they utilized pre-built functionalities to save time and future-proof their solution.

3.4 Integrating the Two Solutions

Integrating Planning Cloud and OAC is crucial to maximize their benefits. Pemco shares the steps they took to integrate the two solutions seamlessly. They discuss the tools they used, such as OneCloud, to facilitate data movement between Planning Cloud, OAC, and other systems. This integration enabled Pemco to provide a unified experience to their users and leverage multiple data sources for reporting and analysis.

4. Issues with the Prior On-Prem Solution

Pemco faced various challenges with their prior on-prem solution, which necessitated the move to Planning Cloud and OAC. This section explores the limitations and pain points they encountered with their old system, such as manual processes, cumbersome user interfaces, and restrictive security measures. By understanding these issues, organizations can better assess the benefits of transitioning to cloud-based solutions.

5. Transitioning from Excel to On-Prem and Cloud

Before moving to the cloud, Pemco started their planning journey in Excel. This section highlights the timeline and process of transitioning from Excel to an on-prem solution, specifically Hyperion. It sheds light on the factors that prompted Pemco to choose on-prem solutions initially and the subsequent decision to migrate to the cloud.

6. Moving to the Cloud: Is it the Right Decision?

Moving to the cloud is a significant decision for any organization. Pemco shares valuable insights into the factors organizations should consider when contemplating a move to the cloud. They emphasize the importance of assessing old servers, the need for support, the viability of existing solutions, and compatibility issues.

7. The Full Scale of an Oracle BI and EPM Cloud Solution

To provide a comprehensive understanding of the Oracle BI and EPM Cloud solution, Pemco outlines the various components and applications that comprise the platform. This section explores the data sources, platform-as-a-service applications, and software-as-a-service applications that organizations can leverage to address their business process needs.

8. Overview of Planning Cloud Features

Planning Cloud offers a range of features and functionalities that enable organizations to enhance their planning and forecasting processes. Pemco provides an overview of the key features of Planning Cloud, including its web interface, predictive planning capabilities, what-if modeling, and customizable role-based navigation flows. This section also highlights the additional features available on Planning Cloud that are not present in the on-prem version.

9. Benefits of Using Planning Cloud and OAC Together

Combining Planning Cloud and OAC offers numerous benefits, as Pemco discovered in their journey. This section explores the advantages of using the two solutions together, such as the ability to reach a wider audience, provide self-service analytics, leverage high-quality visualizations, and improve decision-making across the organization.

10. Pemco's Phased Approach to Cloud Migration

Pemco adopted a phased approach to their cloud migration, allowing them to gradually implement different components and functionalities. This section outlines the phases they undertook, starting with migrating Planning Cloud from on-prem to the cloud, followed by the implementation of OAC, and finally integrating other systems, such as Oracle Financials Cloud.

11. Lessons Learned and Project Goals

Throughout their journey, Pemco encountered various challenges and learned valuable lessons. This section shares the insights Pemco gained, such as the importance of a phased approach, the necessity of understanding the differences between on-prem and cloud solutions, and the significance of user adoption. Pemco also highlights their project goals and the achievements they have made in terms of streamlined data movement, enhanced security, and improved reporting capabilities.

12. Using OneCloud as the Integration Solution

Pemco explains why they chose to adopt OneCloud as their integration solution and the benefits it provides. They emphasize the user-friendly nature of OneCloud, which enables business users to build integrations and automations without any technical knowledge. Pemco discusses how they utilize OneCloud for data movement between Planning Cloud, OAC, and other systems, enhancing their data integration processes.

13. Managing Data Structures in Planning Cloud and OAC

Managing data structures is a crucial aspect of utilizing Planning Cloud and OAC effectively. Pemco shares their approach to managing data structures, including hierarchies and Roll-up trees. They highlight the importance of maintaining consistency across Planning Cloud and OAC and the challenges they faced when customizing the hierarchies.

14. The Size of Pemco's Internal Admin Team

Pemco provides insights into the size of their internal admin team responsible for managing Planning Cloud and OAC. They discuss the number of team members involved and the collaboration between the finance team, IT team, and other stakeholders.

15. Why Pemco Chose OneCloud over Other Tools

Pemco explains why they decided to adopt OneCloud as their integration solution instead of other Oracle data integration tools. They discuss the ease of use, lack of coding requirements, and the ability to manage data movement independently without relying on the IT team. Their choice of OneCloud was driven by their desire for a user-friendly and intuitive tool.

16. The Easiest and Most Difficult Parts of the Migration

In this section, Pemco reflects on the easiest and the most difficult parts of their migration to Planning Cloud and OAC. They acknowledge that rebuilding dashboards in OAC was relatively easy due to the enhanced functionalities available. On the other HAND, transitioning from the on-prem planning solution to Planning Cloud posed challenges due to differences in elements and data structures.

17. Conclusion

Pemco's journey with Planning Cloud and OAC serves as a valuable example for organizations considering a move to the cloud. By leveraging the benefits of cloud-based solutions and adopting a phased approach, Pemco successfully modernized their planning, reporting, and analytics processes. Their experience highlights the importance of understanding the strengths of each solution, managing data structures effectively, and utilizing integration tools like OneCloud to streamline processes and enhance efficiency.