Enterprise Data Management (EDM)
EDM is a tool UCSB will use to administer the Common Chart of Accounts (CCOA) segment values, attributes, and hierarchies, and to synchronize these between all Oracle Financials Cloud modules and boundary systems. Additionally, it is used to map legacy COA segments to the new CCOA to reflect historical data in OFC.
Enterprise Performance Management (EPM)
EPM is a tool that enables budgeting, forecasting, financial modeling, and workforce planning. EPM houses the following business processes: Annual Budget (current year and ongoing), Project Forecasting, Long Range/Strategic Modeling, Core Revenue projections, Workforce Planning (WFP), and Campus Commitments tracking. It will originate budget adjustments and allocation of resources.