Adaptive Insights vs Oracle HFM comparison

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755 views|512 comparisons
100% willing to recommend
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2,161 views|1,505 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Adaptive Insights and Oracle HFM based on real PeerSpot user reviews.

Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed Adaptive Insights vs. Oracle HFM Report (Updated: March 2024).
768,886 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"It helps develop a more unified work format throughout the company.""Automated reporting.""It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday.""Reports are allowed to be edited for aesthetic purposes, which is lacking in a lot of other dashboard tools.""The most valuable feature of the solution is its dashboard.""We utilize planning on a daily basis, therefore we find it to be the most valuable product for our organization.""The biggest feature is the source of truth for all of our budget and forecast versions.""Changes to corporate structure, account codes are updated in all versions including prior years, hence "one-version of truth" as claimed."

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"It is a very user-friendly software.""The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.""Stability-wise, I rate the solution a ten out of ten.""You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM.""Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination.""The most valuable features are around consolidations, eliminations, conversions.""The tool is stable."

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Cons
"Being able to drill down when using OfficeConnect needs work.""We tried Discovery and OfficeConnect at one point and found them too cumbersome, at the time.""Adaptive Insights could improve the data designer interface to make integrations easier to set up.""Users continue to become more advanced and are looking for more advanced solutions.""The upload feature exists, but isn't terribly useful.""It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that.""Adaptive Insights has a limit of 1,00,000 rows for HTML reports. It should be improved because we will have multiple dimensions that need to be populated to enhance the image.""The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."

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"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM.""If there could be data integration between HFM and the accounting software that would be ideal.""The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time.""The solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes.""Integration is an area where it lacks and can be improved.""The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible.""In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

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Pricing and Cost Advice
  • "Everything is negotiable, but this solution is low cost compared to others."
  • "Licensing seems to be worth the cost considering the efficiency Adaptive brings."
  • "Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."
  • "Ensure that you have the proper pricing plan in place."
  • "Adaptive Insights' pricing is reasonable."
  • "Pricing is in line with other cloud-based EPM tools. It is a subscription-based model based upon the number of users and site type if it's an admin or end-user type thing."
  • "Adaptive Insights' pricing is relative to its peer competitors. It's certainly competitive compared to a spreadsheet template that you build in Excel. It can be expensive if you need to have 100-500 budget holders giving input and building financial plans. However, in that case, it becomes an extremely good bargain. Compared to its competitors, it offers an excellent value."
  • "It's affordable."
  • More Adaptive Insights Pricing and Cost Advice →

  • "Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
  • More Oracle HFM Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Here are some of the pros and cons of OneStream XF and Adaptive Insights for FP&A in the professional services industry OneStream XF Pros: Unified platform for FP&A, budgeting, forecasting,… more »
    Top Answer: It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday.
    Top Answer:12 years ago, it was very affordable. Workday has definitely increased its price since it acquired Adaptive a few years ago. So, it's affordable. But there are other more affordable solutions that… more »
    Top Answer:The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
    Top Answer:In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions. Also, the transition from on-premises to the cloud can be… more »
    Ranking
    Views
    755
    Comparisons
    512
    Reviews
    5
    Average Words per Review
    656
    Rating
    8.2
    Views
    2,161
    Comparisons
    1,505
    Reviews
    4
    Average Words per Review
    431
    Rating
    8.0
    Comparisons
    Also Known As
    Workday Adaptive Planning, Adaptive Discovery , Workday Adaptive Planning
    HFM
    Learn More
    Overview

    Adaptive Insights is a cloud-based financial planning and analysis software that helps businesses streamline their budgeting, forecasting, and reporting processes. 

    With its intuitive interface and powerful analytics, it enables organizations to make data-driven decisions and drive business performance.

    Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.
    Sample Customers
    1. Cisco Systems 2. Coca-Cola Bottling Co. Consolidated 3. Deloitte 4. DocuSign 5. Dropbox 6. Electronic Arts 7. Fender Musical Instruments Corporation 8. Fitbit 9. Fossil Group 10. Groupon 11. Hilton Worldwide 12. HP Inc. 13. Intuit 14. Johnson & Johnson 15. LinkedIn 16. Lyft 17. McAfee 18. Medtronic 19. Netflix 20. Oracle 21. Pandora 22. PayPal 23. Pinterest 24. Red Hat 25. Salesforce 26. ServiceNow 27. Slack Technologies 28. Spotify 29. Symantec 30. Tableau Software 31. Twitter 32. Workday
    B&B Hotels, Goldwind, Drake & Scull
    Top Industries
    REVIEWERS
    Non Profit22%
    Mining And Metals Company11%
    Non Tech Company11%
    Financial Services Firm11%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Financial Services Firm9%
    Insurance Company6%
    Educational Organization6%
    REVIEWERS
    Construction Company22%
    Manufacturing Company22%
    Financial Services Firm11%
    Non Tech Company11%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Manufacturing Company11%
    Financial Services Firm10%
    Healthcare Company5%
    Company Size
    REVIEWERS
    Small Business24%
    Midsize Enterprise29%
    Large Enterprise48%
    VISITORS READING REVIEWS
    Small Business25%
    Midsize Enterprise18%
    Large Enterprise57%
    REVIEWERS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise69%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise12%
    Large Enterprise66%
    Buyer's Guide
    Adaptive Insights vs. Oracle HFM
    March 2024
    Find out what your peers are saying about Adaptive Insights vs. Oracle HFM and other solutions. Updated: March 2024.
    768,886 professionals have used our research since 2012.

    Adaptive Insights is ranked 9th in Business Performance Management with 18 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Adaptive Insights is rated 8.4, while Oracle HFM is rated 8.0. The top reviewer of Adaptive Insights writes "Facilitates leveraging the query reporting engine and modeling engine into Excel spreadsheets but there is room for improvement in terms of performance ". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Adaptive Insights is most compared with Tableau, Microsoft Power BI, Anaplan, SAP Business Planning and Consolidation and Planful, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and IBM Planning Analytics. See our Adaptive Insights vs. Oracle HFM report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.