Oracle EPM June 2024 Updates
This was a long wait for me. I was waiting for the June updates and it wasn't showing up. Finally, there are here. Here are a few that I love. And this is a pretty long post. So keep your coffe or tea or your favorite drink and enjoy!!
I am also including links to few new blog posts and videos that were published recently. Here is the link to Oracle's documentation about the June 24 Updates.
Spotlight Features
Let me know which one you like the most and why in the comments!!
Security and Access
Here are some interesting changes and enhancements to security in EPM.
Multiple Password Policies
You will have the option to create multiple password policies and assign them to various IDCS groups. Users belonging to a specific IDCS group adhere to the password policy designated for that group. This will satisfy the requirement for distinct password restrictions across different users, groups, and roles.
I think this is a welcome addition.
New Application Role - "Access Control - Manage"
A new application role, Access Control - Manage, will be available in EPM Cloud. Users with this role will have the following privileges:
You don't need to have System Administrator role to manage security in EPM Cloud.
I wonder why the role is not named "Manage Access Control". Would have been easier to remember!!
New Versions of REST APIs
There will be a V2 version of the following REST APIs available in the June updates.
What is the difference you may ask. Well, the REST API request is synchronous now, meaning, the REST API response will include the report content. You don't have to download a file later.
I hope the response is in JSON format. Will try this out and let you all know!!
Enhancements to Narrative Reporting Extension
When working with Narrative Reporting in Smart View, a new Search field in the Embed Contents dialog facilitates in locating content when the list of available content is long.
Make sure to update the Narrative Reporting Extensions for SmartView.
Collaborate with Users in IPM Insights
Now this is one update I am excited to check out. You can now collaborate with your colleagues more effectively and leverage the power of automated analysis with IPM Insights using tags.
领英推荐
Then, filter your Insights dashboard to see tagged insights. You add tags in the Comments box for an insight.
You can enter Tags in the comment box from the Insights Dashboards and/or Insights Details page. Here are a few images that might get you excited about this collaboration feature.
I will make a video about this one for sure. Good job, Oracle!! Are you excited about this feature??
EDM Updates
There are a ton of EDM Updates in the June updates. I will let the experts Kate Helmer and Abhinav Anand share about those. But here is one that I wanted to highlight.
New Application Type for TRCS
Tax Reporting applications can be registered on the Applications page in EDM. Mapping bindings and viewpoints can also be created for Tax Reporting applications after registration.
Management Approval Hierarchies
Approval policies can be configured with the Management Hierarchy approval method to invite approvers based on a hierarchy of users defined in a Users type application. Users who are ancestors of the request owner in the management hierarchy are individually invited to approve their requests in a sequential manner.
Blogs and YT Videos
Here are a few blog posts or YT videos I have consumed during the last few weeks.
And Kate's latest blog post on ESG Reporting is on my reading list.
What blog posts did you read in the last few weeks? Let me know in the comments.
Other Updates
EPM Podcast
As promised, I have been working with my fellow Toronto EPM User Group admins to start a podcast on Oracle EPM. We should have the 1st episode out in June. I am looking forward to it. Watch out for a separate post about the Podcast. Shout out to Harsh Dave Fred Mamadjanov and Azmat Bhatti work with with me on this initiative.
We are planning to invite guests as well to future episodes.
I hope this edition of the Newsletter was useful to you. Please leave your comments.
Close, Consolidation & Reporting | Finance transformation
9 个月Tristan Stuart-Hill Viraj Moghe interesting read. New Access control role created and some enhancements to Narrative reporting capabilities. Keep in mind when talking to clients.
Solution Architect at Deloitte Canada Delivery Centre
9 个月Thanks for sharing
Intrapreneur | Product Management | #AI in Finance | Startup Mentor | Larger mission: Supporting people in realizing their dreams to grow and be successful
9 个月Check out #Tags in IPM Insights, am sure you will love it, especially if you are a social media geek using @ & # often :)
Senior Software Engineer at Euclid Innovations
9 个月Good to know!
Manager at Deloitte Canada- Oracle Enterprise Technology & Performance. EPBCS/FCCS/ARCS/EDMCS/NARRATIVE REPORTING
9 个月Very helpful. Thanks for keeping us all updated