A new paradigm, we said: this is how we see Oracle EPM Cloud applications from our experience in cloud projects.
Looking at FCCS, one of the strengths, compared to HFM on premise, is data integration.
FCCS can live between SDM (Supplemental Data Management) and FDM (Financial Data Management).
With SDM we can map a large number of attribute / text / descriptive informations to the measures or other dimensions of FCCS. We upload data with CSV files or SDM Web Forms. All FCCS metadata, which is the final information from Financial Close, has a drill-through to a large number of source related information.
With FDM we can map the statutory and managerial Financial Statements of FCCS to destination information, and thus make the data importable in other accounting and / or EPM systems, maintaining the detail of the FCCS source.