Oracle Planning and Budgeting Cloud vs Sage Intacct comparison

Oracle Planning and Budgeting Cloud Service enables organizations of all sizes to drive accurate, connected plans across your business and be prepared for what's next. Navigate uncertainty with scenario modeling. Leverage built-in best practices and predictive intelligence across finance, line of business, and operations.

Planning, Budgeting, and Forecasting

· Create decision-oriented plans: Make better decisions by creating goal-oriented, driver-based plans. Get immediate insight to your performance with interactive dashboards and reports and leverage predictive planning to recommend the best path forward.

· Connect your business: Connect every part of your business with a plan that is fully integrated across finance, operations, and lines of business. With connected planning, you can immediately analyze the impact of changes across your business.

· Do freeform modeling at scale: With Oracle Cloud EPM Freeform, model multiple complex financial and operational what-if scenarios with large-scale, freeform ad-hoc modeling. Use predictive planning features to validate assumptions and reduce the risk in your decisions.

Prepare for anything with Scenario Modeling

· Apply sophisticated financial intelligence: Leverage financial intelligence and other powerful, built-in features to rapidly model multiple scenarios to quickly deal with change.

· Support your decisions with Monte Carlo simulations: Use Monte Carlo simulations to determine the likelihood of various scenarios, giving you confidence in your decisions.

· Align strategy with plans: Understand the impact of strategic decisions across your bottom line, balance sheet, cash flow, and shareholder value before pushing to your operational plan.

· Optimize capital structure: Model different funding options and understand the impact your strategies will have on your credit rating and capital structure.

Retain top talent with workforce planning

· Plan for compensation expenses: Plan compensation-related expenses by employee, job code, or at a level of detail that makes sense for your business using out-of-the-box, driver-based planning.

· Align finance and HR: Build the workforce you need to execute on your strategic goals. Collaborate more with HR with prebuilt integration to Oracle Cloud Human Capital Management (HCM) and integration with other third-party cloud HCM solutions.

· Leverage wizard-based planning for ease of use: Maintain complex employee expense calculations, such as benefits, tax expense, and others with easy-to-use planning wizards.

Plan your capital asset expenses

· Track the full lifecycle of capital investment: Create cashflow and funding plans for investments and leased assets. Also plan for new capital assets and take advantage of out-of-the-box calculations for depreciation and amortization during the lifespan of the asset.

· Plan asset-related expenses: Easily model asset-related expenses such as repairs and insurance. Automate processes such as retirements, transfers, and improvements.

· Plan for intangible assets: Plan for new and existing intangible assets, including amortization and cash flow planning and impairments.

· Review your capital expenses: Get an overall capital expense spending analysis, including asset summary reports, and actual versus plan variances. See the impact on cash flow, balance sheet, and income statement by asset class and business unit.

Understand the financial aspects of your projects

· Model all project types: Use out-of-the-box drivers to plan costs related to both short- and long-term projects. These include internal projects, such as IT, R&D, marketing campaigns, and contract-based projects or projects across more complex project-oriented industries, such as construction, engineering, and professional services.

· Plan detailed project costs and revenues: Understand the financial impact of your projects. Use drivers that help you plan for individual employee and asset-related costs, as well as expected revenues.

· Track project performance: Use prebuilt metrics to track project revenue, expenses, and cash flow. Leverage performance indicators such as net present value, payback, and return on investment.

Plan across all financial statements

· Optimize your revenue plan: Accurately plan revenue, sales, and gross margin by adding dimensions for specific drivers related to your business.

· Plan for all expenses: Plan for all of your expenses with prebuilt best-practice expense drivers. Include expenses from workforce and capital planning with prebuilt integration.

· Analyze the balance sheet: See the full picture by integrating balance sheets fully with income statements and cash flow. Configure for industry-specific requirements.

· Model your cash flow: Model cash from operations with fully integrated cash flow planning for short, medium, and long-term time horizons.

Integrated Business Planning and Execution (IBPx)

· Connect you planning, execution, finance and operations: Transform plans into execution and monitor activity to detect unexpected events using IoT, AI and prescriptive analytics. Simulate and evaluate alternative response to maintain or improve business targets.

· Reduce decision latency: Leverage real-time planning and execution details to act on negative trends faster and more effectively.

· Consolidated view across the entire process: Improve your short and long range strategic planning by seamlessly integrating planning and execution in to a single data model.

Empower finance to become data driven with IPM

IPM applies data science and machine learning to enable finance professionals to be more data driven, impacting key areas of the business, and take advantage of potential missed opportunities.

· Improve decisions with predictive planning: Identify and leverage patterns in your financial and operational data to improve accuracy. Run predictions on the latest actuals and factor those into your plans for more timely, objective decisions.

· Speed up data analysis to take faster action with Insights: Use embedded AI and machine learning (ML) to continually monitor your plans, forecasts, and variances, so you’ll be alerted about any anomalies, biases—as well as hidden correlations. Relevant insights now come straight to you, empowering you to take the right action in time.

Sage Intacct offers comprehensive accounting solutions suitable for VAT, salary schedules, and intercompany transactions. It serves as a main ERP for financial reporting in healthcare, retail, and non-profits.

Sage Intacct is leveraged as a robust ERP system catering to diverse sectors by providing a wide range of essential accounting functions. Its cloud-based platform ensures seamless data consistency across any device, supporting multi-location reporting and complex integrations. Industries such as healthcare, retail, and non-profits benefit from sub-ledger tools, approval workflows, and API integrations, all playing roles in enhancing financial performance management. Challenges persist in mobile integration and localization outside key regions like the US and UK.

• Cloud-Based Accessibility: Access from any device for flexible financial management.
• Multi-Entity Structure: Facilitates seamless transactions and comprehensive reporting.
• Flexible Reporting: Custom and standard reporting capabilities to suit business needs.
• Grant Tracking: Efficiently manage and report on available resources.
• Channel Management: Speeds up project turnarounds with quick execution.

• Enhanced Integration: Streamlined connectivity across components reduces operational gaps.
• Effective Accounts Payable Management: Simplifies invoice handling and reduces processing time.
• Data Importing Ease: Facilitates the transition to more efficient processes.
• Automation in Reporting: Saves time and increases accuracy during due diligence.

In healthcare, Sage Intacct facilitates the management of different service lines and patient billing, enhancing operational efficiency. Retailers benefit from its robust financial reporting and VAT calculation capabilities, while non-profits utilize grant tracking and financial transparency features supported by API integrations. Industry players express a demand for more advanced tools to meet specific market requirements such as automatic budgeting and role-based account setups.