Dave Roberts (Oracle product manager) shared the announcement to remove Financial Reporting. All of the Financial Reporting references, user interfaces, and content will be removed in the 27.02 (February 2027) release. This will include the repository (where the reports are stored) and FR studio (the report editor/builder). So these Navigator links and the Financial Reports tab in the Reports screen will be gone.
The worthy successor to Financial Reporting, simply called Reports, has been in the Cloud EPM suite since 2021 and has built on and exceeded the capabilities of Financial Reporting in many ways. When I worked at Hyperion I saw beta versions of Financial Reporting starting a year before it was released and saw how it out-performed the previous report writer (Hyperion Enterprise Reporting). Now it's time for Financial Reporting to move on as well.
There were a few clarifications in the announcement where Financial Reporting is not quite disappearing yet. This sunsetting does not impact Fusion Cloud ERP, legacy Profitability and Cost Management, and the Hyperion on-premise solutions. There are no plans to move Reports to on-premise and my guess is that Fusion and PCMCS will eventually get Reports.
The Reports module has been in the suite since 2021 and is a great successor. If EPM customers haven't been using it and are still using Financial Reporting, this announcement should be enough of a reason to finally migrate. For details on how to do the migration, refer to my blog post from February 2025 - link provided here: https://ericerikson.blogspot.com/2025/02/financial-reporting-another-nail-in.html
And for Oracle documentation on the differences between Reports and Financial Reporting and the migration, go to this link: https://docs.oracle.com/en/cloud/saas/enterprise-performance-management-common/dmepr/appendix_b_migration_of_reports_from_financial_reporting.html
