Oracle Offers Free Financial Planning And Scenario Modeling Tools To Help Customers Adapt To Changing Market Conditions
Oracle News, May 13th, 2020
May 13, 2020,
Volume 266, Issue 2

No one knows what a post COVID-19 world will look like and no two industries or geographies are experiencing the same reality, but the one certainty is that every organization needs to balance urgent and critical short-term needs with long-term strategic priorities

"In this environment, scenario planning and strategic modeling have become essential to finance teams as they assess a wide array of possible outcomes, forecast revenues and liquidity, and make iterative short- and medium-term forecasts. And that's why we're providing free access to Oracle Financial Statement Planning, including Strategic Modeling, to all existing Oracle Planning Cloud customers for the next 12 months.

Oracle Financial Statement Planning will help our customers run detailed 'what-if' scenarios for a wide array of possible economic situations, including payment delays, inventory fluctuations, and supply disruptions. It will also help increase the accuracy of revenue and cash flow forecasting and capital structure scenario modeling, and assist with bank covenant compliance, funding compliance, and credit rating calculations..."

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