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01 Aug
Oracle Cloud EPM Updates: August 2025
The documentation for the August update to Oracle Cloud EPM has been released. As a reminder, these updates are applied in test during the first daily maintenance that occurs after Friday, August 1, 2025 at 22:00 UTC and in production two weeks later during the first daily maintenance that occurs after Friday, August 15, 2025 at 22:00 UTC. The data integration team has yet another major update this month along with many other notable updates.
Pipelines in Account Reconciliation
This is a pretty exciting update. Pipelines have been this amazing piece of new functionality for well over a year now, but for Account Reconciliation, it didn’t yet exist…until now. With this update, Account Reconciliation finally gets pipelines! Here are the job types direct from Oracle:
- Create Reconciliation: (Reconciliation Compliance) Copies all selected profiles to a period and return success or failure status.
- Generate Report for Account Reconciliation: Generates either a single predefined Reconciliation Compliance report, predefined Transaction Matching report or a custom report.
- Import Attribute Values: Imports attribute values into an existing list attribute or group attribute. In Transaction Matching, you can only import group attributes.
- Import Balances: (Reconciliation Compliance) Imports balances data using Data Integration from a previously created integration definition and returns a success or failure status.
- Import Pre-Mapped Balances: (Reconciliation Compliance) Imports pre-mapped balances and returns the success or failure status.
- Import Pre-Mapped Transactions: (Transaction Matching) Imports a file of pre-mapped transactions into Transaction Matching and returns the success or failure status.
- Import Rates: (Reconciliation Compliance) Imports rates for a particular period and rate type, and returns the success or failure status.
- Run Auto Match: (Transaction Matching) Runs the auto match process in Transaction Matching.
- Run Auto Alert: (Transaction Matching) Runs the auto alert process for the specified match type in Transaction Matching. This job processes the alert rules defined for the match type and then automatically creates alerts for unmatched transactions. You can monitor the status of an Auto Alert job through the Job History tab in Account Reconciliation.
- Set Period Status: (Reconciliation Compliance) Changes the status of a period (open, closed, pending, locked) and returns the success or failure status. When a period’s status is changed to Open, the returned job corresponds to the opening of reconciliations for the specified period. The job’s success or failure does not impact the period’s status because this change is made immediately. Even if there are failures while reopening, reconciliations, the period status still remains Open. If a period’s status is set to Closed or Locked, no job is returned.
New Java Version for EPM Automate
While the majority of customers run EPM Automate on a Windows-based server, those customers running EPM Automate on Linux/UNIX must manually update their Java version. With the latest EPM Automate, Java 17 must be installed. Windows-based servers will get this update as part of the update to EPM Automate as it includes the Java install.
New Groovy Validating Utility
Oracle is preparing to roll out a stricter version of the Groovy engine in the second half of 2025, which may cause some previously valid Groovy business rules to fail validation. To help users get ahead of these changes, Oracle has introduced the Groovy Script Validator—a tool designed to scan and flag scripts that won’t comply with the upcoming standards. It generates a detailed report so developers can proactively adjust their rules and avoid disruptions. This update affects several EPM modules, including Enterprise Profitability and Cost Management, Financial Consolidation and Close, FreeForm, Planning, and Tax Reporting, making early validation a smart move for any team relying on Groovy automation.
More AI in Cloud EPM
As with last month’s addition of IPM to FCCS, this month brings not one, but two new AI features to Oracle Cloud EPM. IPM now has a new Advanced Predictions functionality that utilize machine learning algorithms and OCI Data Science Cloud. With four algorithms to choose from and the ability to explain predictions, this could really change a lot of how we look at forecasting.
But the AI for August doesn’t stop there. We also have Generative AI notes summarization from to Narrative Reporting:
