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Enterprise Performance Management has evolved far beyond spreadsheets and static models. In this episode of the EPM Intelligence Podcast, Mike Russell from Oracle joins the conversation to unpack how Excel, Essbase, and Oracle EPM work together in the modern cloud and AI era. Mike shares his journey from finance and FP&A into EPM solution engineering and explains why so many organizations are still constrained by legacy Excel processes. We break down what Essbase really is, why it remains one of the most powerful technologies in finance, and how Smart View allows finance teams to keep Excel while gaining the scale, performance, and governance of EPM Cloud. We close with a practical discussion on ROI, total cost of ownership, and how organizations justify EPM investments through efficiency, automation, and reduced complexity. Whether you are an Excel power user, an Essbase practitioner, or evaluating EPM Cloud and AI, this episode provides a clear and grounded view of where enterprise finance is heading. TIMESTAMPS 3:43 What is Essbase 5:47 Smart View and how Excel connects to EPM 12:27 Moving Essbase from on-prem to the cloud 15:30 What’s new with AI in EPM 20:30 Measuring ROI and total cost of ownership for EPM