We performed a comparison between IBM Cognos and Oracle Planning and Budgeting Cloud based on real PeerSpot user reviews.
Find out what your peers are saying about Microsoft, Tableau, SAP and others in BI (Business Intelligence) Tools."A positive feature is Report Studio, where we create beautiful, complex reports."
"Previously, we were doing static reporting. Management would request a report, and it would take staff a week or more to provide it. With Cognos, we have dynamic reporting, and it has reduced both reporting and decision making times significantly. With the solution's dashboard, the company's management team has updated records at their fingertips. This means that they can directly access the data they need to make decisions."
"It's enabled us to report directly from our main application systems. We're removing islands of data and we're removing inefficiencies, where people or small divisions had their own store of information."
"The dashboarding offered by this solution is very valuable to us."
"The basic platform comes with several meta-modelling tools."
"IBM Cognos improves the effectiveness of the sales team."
"Using custom controls, it is possible to extend the application with even more functionality and make the application intuitive and attractive."
"Self-service is possible through the use of dashboards, which are also very intuitive. Stories can be used to pin snapshots, tell the story for meetings, etc."
"Beneficial analysis and easy to do management adjustments."
"It gives you an end-to-end solution from integrating data from the source system to reporting. So it's a highly recommended tool."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"The product has a direct plugin to Microsoft Excel."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"I don't like that when we use Colab packages, we get less functionality. For example, you can make groups of data with Excel or with the data sets from the packages, but when you use the Colab packages directly, you can only group the data when you analyze it with Analysis Studio. I think Cognos needs to improve more on this functionality."
"IBM Support can be slow at times, but they can usually deliver in a timely manner."
"There are some problems with how Cognos handles huge data sets and when connecting with multiple sources and searching the data."
"Compared to Tableau and PowerBI, the IBM interface is easier to use. However, the drag-and-drop functionality isn't as straightforward. Formatting is also more challenging in the cloud than in other applications, like Power BI. Also, if you encounter an issue, it takes more time to resolve it on the formatting side."
"The tool needs to improve the connectivity since I see that, at times, there is a need to increase the memory in the database."
"Cognos charts are not as fast as those of the other tools, even with DQM (dynamic query mode)."
"The technical support team’s response time is slow and needs to be improved."
"Extending features on dashboards so it becomes a real dashboard building application, not only a data exploration tool."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
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IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 17 reviews. IBM Cognos is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes " Budgeting scenarios and versions helps us migrate data, visualize data, and do variant reporting". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, Oracle Hyperion and SAP BusinessObjects Business Intelligence Platform, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and CCH Tagetik.
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