Tuesday, October 12, 2004
Oracle Enterprise Planning and Budgeting exists next to Public Sector Budgeting
Oracle Enterprise Planning and Budgeting is released and is the successor of the Financial analyzer and the Sales analyzer. According to the frequently asked questions, there is still room for a PSB implementation.
Does EPB replace Oracle Public Sector Budgeting (PSB)?
No. The initial release of EPB is a generic product and does not include some of the Public Sector market specific features (i.e. Position Budgeting, Integration with HR Position Control, Posting Budget Journals and Budget Revision) available in PSB.
Will a future version of EPB support PSB features?
The strategic direction of EPB is to provide industry templates and extensions on top of the generic functionality. For the Public Sector market the extensions will leverage Public Sector market specific features (i.e. Position Budgeting, Integration with HR Position Control, Posting Budget Journals and Budget Revision) available in PSB today. This will be achieved by tightly integrating EPB and PSB to provide a comprehensive Planning, Budgeting, Analysis and Reporting solution for the Public Sector market.
We have bought PSB but not yet implemented. Should we implement?
PSB currently incorporates line item-based budgeting and position-based budgeting. If you are planning to incorporate PSB for position-based budgeting as part of your HR and GL implementation, and are going to leverage the two way integration between both (HR for position budgeting, and GL for budget journals and budget revisions), then you should continue with PSB. If your requirements are more around line item based budgeting, long range planning, and complex analysis then you may want to evaluate EPB to see if there is a fit.