Latest news with #EPM
Business Wire
3 days ago
- Business
- Business Wire
Vena Recognized as a Leader Across All Categories in 2025 Dresner Wisdom of Crowds® EPM Market Study
TORONTO--(BUSINESS WIRE)-- Vena, the only Complete FP&A platform powered by agentic AI and purpose-built to fully amplify the Microsoft technology ecosystem, today announced that it has been named an Overall Leader in both the Customer Experience and Vendor Credibility models in the 2025 Dresner Wisdom of Crowds® Enterprise Performance Management (EPM) Market Study. Vena was also recognized for delivering high value with low total cost of ownership (TCO) and received a perfect recommendation score from customers. 'This recognition by Dresner Advisory Services reflects our commitment to delivering powerful, intuitive planning solutions that drive agility and resilience for our customers,' said Hugh Cumming, Chief Technology Officer at Vena. 'With our deep Microsoft integrations and AI-powered platform strategy, we're proud to empower FP&A and operations teams with the tools they need to lead through change.' According to the 2025 report, Vena stands out as best-in-class in areas such as sales professionalism, overall value, technology reliability and ease of upgrade or migration. The company also earned high marks for customization, technical support and integration with third-party technologies—capabilities that underpin Vena's strengths in extended and integrated business planning. 'Vena showed high marks across the board, with key improvements for product, technical support, overall value, and integrity,' said Howard Dresner, Founder and Chief Research Officer at Dresner Advisory Services. 'Ratings in our annual market assessment are driven solely from the voice of the customer, and we congratulate Vena on their excellent performance in this year's study.' This latest recognition builds on a series of recent honors that highlight Vena's leadership in the market: Ranked among the top two technological leaders for the second consecutive year in the QKS SPARK Cloud Financial Planning and Analysis 2025 report. Earned eight Outstanding and Excellent rankings in the 2025–2026 Performance Management Vendor Landscape Matrix (VLM) from BPM Partners, including top ranks in the Budgeting and Planning and Overall Customer Satisfaction categories. Achieved 55 top or leading rankings in The Planning Survey 25 from BARC. Recognized as a Niche Player in the 2025 Gartner® Magic Quadrant™ for Financial Close and Consolidation Solutions and a Challenger in the 2024 Gartner® Magic Quadrant™ for Financial Planning Software. Received TrustRadius Top Rated Award for Fifth Consecutive Year. To download a copy of the 2025 Dresner Wisdom of Crowds® EPM Market Study, visit here. About Vena Vena is the only agentic AI-powered FP&A platform purpose-built to harness the full power of the Microsoft technology ecosystem for finance teams everywhere. Vena amplifies Microsoft's world-leading productivity tools, cloud technology and AI innovation to make FP&A, operational planning and adjacent strategic processes more flexible, efficient and intelligent. Thousands of the world's leading companies rely on Vena to power their planning. For more information, visit
Time of India
01-07-2025
- Business
- Time of India
Exporters for early conclusion of trade pact talks with US, EU
NEW DELHI: Exporters have urged the government for early conclusion of talks for the proposed trade agreements with the US and European Union, stating it would help boost the country's shipments. This was suggested by exporters during their meeting with commerce ministry officials. It was chaired by Commerce and Industry Minister Piyush Goyal . "All the exporters talked about these trade agreements in the meeting particularly with the US and the EU. Everyone was inquiring about the progress of talks with the US" an industry official said. The minister said talks are on for the first phase of bilateral trade agreement with the US. The domestic industry and exporters have earlier expressed concerns that if the US will go ahead with its high tariffs on Indian goods after July 9, it will impact their margins. They are also worried about high US duties on steel and aluminium products as it may hurt India's engineering exports to America, which is one of the largest market for them. Live Events In the meeting, the commerce minister asked the industry to share issues, if they are facing any, in increasing utilisation of FTAs so far signed and implemented by India. India has implemented these agreements with countries, including Australia, the UAE, Japan, Korea, Asean, and Singapore. Further the ministry said soon they will bring an SEZ (special economic zone) amendment bill in Parliament. India has hardened its position on issues related to agriculture as negotiations with the US team in Washington have entered a crucial stage, an official said on Monday. "The export community is keenly looking forward to conclusion and fast-tracking actual implementation of trade pacts with the US and the EU, and FTAs with the UK and Latin America to ensure market access, so critical for planning export led growth," another exporter said. They also asked the ministry to fast-track announcement of the Export Promotion Mission (EPM), announced in the Union Budget 2025-26. Nearly four months have passed, and there is yet no formal launch or implementation roadmap. During the meeting, breakout sessions were also held with officials from the Department of Commerce, Department of Revenue, and Members of Trade. The representatives of Export Promotion Councils and Industry Associations from various sectors such as textile, apparel, engineering, gems and jewellery, medical devices, services sector, Federation of Indian Export Organisations (FIEO), Ayush, leather, Assocham participated in the meeting.
Yahoo
28-06-2025
- Business
- Yahoo
Oracle Red Bull Racing Adopts Oracle Fusion Cloud to Boost Efficiency
Oracle Corporation (NYSE:ORCL) is one of the best software infrastructure stocks to invest in. On June 26, Oracle Red Bull Racing, which is the six-time world champion Formula One team, announced its adoption of the Oracle Fusion Cloud Applications Suite. This aims to accelerate operations by migrating finance and HR processes to the cloud, thereby increasing efficiency, reducing costs, and supporting compliance with Formula One's fixed annual cost cap. Previously relying on manual and spreadsheet-based financial planning, Oracle Red Bull Racing needed a unified view of its business data. The Oracle Fusion Cloud Applications Suite will connect finance, HR, and customer experience data on a single integrated cloud platform. A team of IT professionals meticulously crafting a large-scale enterprise performance management system. Some key components include the Oracle Fusion Cloud Enterprise Performance Management/EPM, which is part of Oracle Fusion Cloud Enterprise Resource Planning/ERP, and will enhance visibility, optimize planning & budgeting, and improve resource allocation. Oracle Fusion Cloud Human Capital Management/HCM will provide more detailed workforce insights, simplify HR processes & payroll, streamline talent recruitment, and boost the employee experience. The team already utilizes Oracle Fusion Cloud Customer Experience/CX to engage with fans through personalized content, members-only rewards, and a sophisticated loyalty program. Oracle Corporation (NYSE:ORCL) offers products and services that address enterprise information technology environments worldwide. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
TECHx
26-06-2025
- Automotive
- TECHx
Oracle Red Bull Racing Adopts Oracle Fusion Cloud Apps
Home » Top stories » Oracle Red Bull Racing Adopts Oracle Fusion Cloud Apps Oracle Red Bull Racing has announced its adoption of Oracle Fusion Cloud Applications Suite. The move is aimed at enhancing productivity, reducing costs, and improving both employee and fan experiences. The team will use Oracle Fusion Applications for finance, human resources, and customer experience. This integrated approach allows Oracle Red Bull Racing to manage operations more efficiently under Formula One's strict cost cap rules. The team reported that it previously relied on manual, spreadsheet-based financial planning. To address this challenge, it needed a single view of its business data. Oracle Fusion Applications now connects its finance, HR, and customer experience data on one platform. Matt Cadieux, Chief Information Officer at Oracle Red Bull Racing, stated that the team is leveraging cloud technologies and advancements in predictive, generative, and agentic AI. These tools are expected to optimize financial planning, deliver faster business insights, and improve resource utilization. Oracle Fusion Cloud Enterprise Performance Management (EPM), a component of Oracle Fusion Cloud ERP, will improve visibility, budgeting, and planning. Meanwhile, Oracle Fusion Cloud Human Capital Management (HCM) will simplify payroll and HR tasks, enhance recruitment, and generate deeper workforce insights. Additionally, the team continues to use Oracle Fusion Cloud Customer Experience (CX) to connect with fans. Features include content personalization, loyalty programs, and exclusive rewards. Steve Miranda, Executive Vice President of Applications Development at Oracle, revealed that the cloud suite will help the team drive efficiency and innovation on and off the track. Oracle Consulting will oversee the implementation Oracle Customer Success Services (CSS) will provide ongoing support Oracle Red Bull Racing emphasized the importance of speed, efficiency, and innovation to stay ahead in Formula One, both technically and operationally.
Techday NZ
24-06-2025
- Business
- Techday NZ
Enterprise-grade planning is now accessible for mid-market teams
Over the past few years, finance teams have made serious moves towards smarter, more connected planning - improving day-to-day tasks like budgeting and forecasting - while also rethinking how decisions get made across the business. Now that sophisticated planning tools are more accessible and affordable, a growing number of mid-market organisations are asking - what should planning look like today? Real planning transformation takes more than plugging in a slick new platform. Many teams are still working around long-standing disconnects - between systems and spreadsheets, finance and operations, data and decisions. Even today, it's rare for finance to have a live, financial view of what's happening across the business. If a sales target slips or a hiring plan changes, the impact might not be visible until weeks later by which point, the moment to act has passed. The most advanced teams are solving for this by embedding smarter planning directly into their core systems. The aim is to create one connected environment where finance can guide both strategic direction and day-to-day decisions with speed and confidence. And to do that, you need an ERP-native Enterprise Performance Management (EPM) solution. What is Enterprise Performance Management (EPM)? EPM isn't new. For years, large enterprises have used EPM systems to support strategic planning, budgeting, forecasting and reporting. But traditionally, these tools have been too complex, too expensive - or too removed from the day-to-day systems mid-market businesses rely on. A new wave of cloud-based EPM tools is bringing these capabilities to the mid-market. Designed to work natively within cloud ERP systems like NetSuite, these tools eliminate the need for standalone platforms, extra data wrangling or a steep learning curve. The difference is accessibility but it's also in capability. These new planning tools allow finance teams to plan, model and forecast inside the same system they already use to run the business. Some of the most powerful features available include: Predictive planning: AI uses historical data to suggest values for budgets and forecasts, helping teams get started faster and forecast with more confidence. Anomaly detection: As numbers are entered, unusual patterns are flagged in real time - reducing the risk of errors making it through to final plans. Scenario modelling: With just a few changes, teams can create and compare multiple 'what if' scenarios without copying data into a spreadsheet or building fragile formulas. How finance teams are using EPM in practice With the right planning tools now embedded inside their ERP, mid market finance teams no longer have to rely on backwards-looking data or scattered spreadsheets to guide the business. EPM gives them the visibility and control to make planning a part of the day-to-day rhythm of business. Here's how that looks in practice: Headcount is often a business's biggest cost but also one of the hardest to model accurately. With EPM, finance teams can plan by role, team or location, account for on-costs, model hiring delays or restructures, and instantly see the downstream financial impact. Rather than using flat assumptions or manual spreadsheets, teams can forecast revenue by channel, product, customer or region. Adjust inputs like volume, pricing or FX, and instantly test new growth strategies or pricing models. Budget owners can input and manage department-level expenses directly without finance chasing spreadsheets or losing version control. Templates, approvals and commentary keep the process structured and auditable. When the board asks, 'what happens if revenue drops 15% next quarter?', EPM tools make it easy to duplicate base plan, adjust key drivers, and compare the impact without rewriting the entire forecast from scratch. NetSuite EPM - enterprise-grade planning for mid markets Built on Oracle's enterprise-grade technology, NetSuite's Enterprise Performance Management (EPM) suite is designed to bring advanced planning and forecasting capabilities to finance teams already running on NetSuite ERP. It removes the friction of disconnected tools by embedding planning directly into the system you already use to manage finance, operations and reporting. In Australia and New Zealand, the core NetSuite EPM modules now available include: NetSuite Planning & Budgeting (NSPB) A powerful planning engine that lets teams build budgets, rolling forecasts and financial models tied directly to NetSuite data. NSPB supports everything from workforce and OPEX planning to revenue modelling, scenario testing and demand forecasting - including built-in AI for predictive planning and anomaly detection. NetSuite Account Reconciliation (NSAR) NSAR automates and streamlines the account reconciliation process, helping finance teams speed up month-end close and reduce risk. With rules-based automation, real-time visibility and built-in controls, it ensures accuracy without the spreadsheet sprawl. These EPM modules can be adopted individually or as a suite, depending on the business's maturity and planning needs. Most organisations start with NSPB as the entry point - replacing static budgets and spreadsheet processes with more accurate, real-time and collaborative planning. What to explore next If your team is starting to feel the strain of spreadsheet-led planning - or if you've outgrown basic budgeting inside your existing accounting solution - it might be time to take a closer look at NetSuite and NetSuite EPM. These planning tools give you the structure to move fast, the visibility to stay on track and the intelligence to plan for what's next. And because they work inside the systems you already use, the leap to smarter planning might be closer than you think. Read The beginners guide to NetSuite Enterprise Performance Management (EPM) >
