Oracle Enterprise Data Management (EDMCS)
Oracle Enterprise Data Management Cloud (EDMCS) is a modern, agile data management solution that enables organizations to respond quickly and effectively to change and adapt in a targeted manner. Oracle Enterprise Data Management Cloud (EDMCS) helps you manage your master data centrally – whether migrating an application to the cloud, managing the impact of mergers and acquisitions, or reconciling metadata differences between business functions and applications
The definition of Enterprise Data
Enterprise data is both transactional and analytical data, including application-specific metadata, alternative business perspectives, enterprise dimensions, mappings, reference data, and master data sets. Examples of enterprise data include charts of accounts, organizational or cost center structures, legal entity and ownership hierarchies, market segments, product categories, and more.
Purchases of any kind are referred to as business transactions. By definition, this means that a supplier and a customer come together to meet a need. Most retail transactions are accompanied by a receipt. This receipt contains details of the products or services purchased, the location of the store, you as the buyer, your payment terms, the transaction date, etc. When such point-of-sale transactions are reflected in the general ledger, they are posted to revenue accounts.
Costs associated with creating and fulfilling requirements are recorded in expense reports. Cost centers record the expenses of companies and organizations within the company that supported this transaction. Products and market segments are aggregated based on business taxonomies that make the most sense for you, the business owner, to track and report business performance. All of these data elements that describe and structurally inform the transaction represent enterprise data and can be managed using Oracle Enterprise Data Management Cloud.
Key Features
- Application and master views
- Simple, comprehensive user interface
- Requirement-driven, documented actions
- Change Visualization
- Hierarchy management
- Optical comparison display
- Change Audit
- Cloud App Integration
- Complex data types
Connect disparate enterprise applications
Easy connection with application adapters
Connect both Oracle and non-Oracle enterprise applications with a dedicated application or universal adapters. Use simple wizards to introduce applications to the
Import dimensions
Import lists or hierarchies from contributing applications. Save time without having to check data as you enter it, even with “dirty” data.
Validate views
Improve data quality within an application or business domain by validating separate perspectives called viewpoints.
Synchronize with the REST APIs
Synchronize enterprise data by integrating with applications via full-featured, standards-based RESTful interfaces.
Manage changes to enterprise master data elements
Optimize requests
Create new or modify existing company data, relationships, and attributes with requirements in an easy-to-understand shopping cart interface.
Validate data immediately
Verify nodes and hierarchies during the request process using configurable system checks and packaged or custom application checks.
Visualize the impact of changes
Oracle Enterprise Data Management (EDMCS) helps you see the impact of changes before you make them – by modeling and visualizing each change request and its associated actions against the target structure(s).
Simplify submissions
Ensure consistent submissions and a determination against target viewpoints with a single request for new item submissions and changes to existing items.
Optimization of differences across business perspectives
Visualize with side-by-side comparisons
Visually compare alternative business perspectives, lists, or hierarchies in a side-by-side layout. Understand issues such as missing nodes and relationships or property differences by comparing alternative hierarchies.
Use drag and drop to make changes
Harmonize alternative hierarchies and optimize differences using drag-and-drop changes to views within and between applications. Create a change request or automatically populate a comparison request based on the comparison results.
Save time with subscriptions
Use subscriptions to automatically copy changes made in a business context to a downstream application. Save time with changes that require no human intervention.
Real-time collaboration and creation
Involve co-authors
Enhance a request by inviting collaborators as needed. Alerts keep everyone informed by notifying co-authors of changes.
Track activity with conversation threads
Collaborate using conversation threads to discuss topics, communicate viewpoints, and provide feedback, either at the item or request level.
Tag participants
Accelerate collaboration and direct an employee’s attention as needed with Oracle Enterprise Data Management (EDMCS) by using @-references to tag participants and issue real-time email notifications.
Grant detailed permissions for data access
Ensure security with granular, permission-based access to applications, dimensions, and associated data objects.
Optimizations with automated workflow
Invite the right stakeholders to participate at the right time using an intelligent engine that combines knowledge of the requirement content, user permissions, authorized approvers, and the requirement phase
Make changes to downstream applications
Export dimensions
Provide dimensions and mappings for consuming applications with Oracle Enterprise Data Management (EDMCS). Integrate one or more connections for registered applications or download them to a file for use in target applications.
Viewpoints download
Promote collaboration, sharing, or performing offline maintenance by downloading any viewpoint to a desktop file with Oracle Enterprise Data Management (EDMCS). Perform collective updates by reloading.
Automate integrations
Save time through Oracle Enterprise Data Management (EDMCS) with the full-featured REST API or Oracle Cloud EPM Automate utility to script automated integrations with consuming applications.
Provide a seamless audit trail
Provide visibility with the ability to search, filter, and download detailed change histories for completed requests. Easily configure access for external auditors.
Overview: Tour of Enterprise Data Management Cloud (EDMCS)
Other Oracle EPM Cloud components:
- Financial Consolidation and Close (formerly FCCS)
- Planning (formerly EPBCS)
- Account Reconciliation (formerly ARCS)
- Profitability and Cost Management (formerly PCMCS)
- Tax Reporting (formerly TRCS)
- Enterprise Data Management (formerly EDMCS)
- Narrative Reporting (formerly EPRCS)
- The BLUEBIRD EPMViewer for Cloud applications
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