We performed a comparison between Board and Oracle Hyperion 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."It is useful for self-analysis regarding company data and helps to find areas where we can improve."
"BOARD technical support is knowledgeable and helpful."
"Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system."
"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT."
"All staff can now see their relevant scorecards online."
"The support from the BOARD team and their consultants is great. Whenever I use technical support, they are good."
"The most valuable features are the reporting and the charts. The reporting functionality is handy for aggregation, when it comes to planning. That ability is fascinating and our users are very happy with it. The charts and the reporting allow our users to see all the data and to see how things are going this year or in the COVID situation. They're seeing everything. Instead of having to check data line by line, they're seeing it in a graph and they're seeing it in charts."
"Now, we have only one version of the truth."
"The stability is fine and quite user friendly."
"The latest cloud version is more efficient for financial implementations."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"We can integrate with any system and pull data from SAP or SQL Server. We can also design our own role files to establish how we pull the file data and store it in our database."
"The most valuable features are those associated with modules and SP, IT in this space, planning, HFM, and PME."
"The roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting."
"The accuracy of data gathering and consolidation is very good."
"The implementation has been simplified now that it's deployed in the cloud. Also, Hyperion is tightly integrated with Oracle products because Oracle owns it now."
"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."
"We are looking at ways to improve how we deal with security in BOARD and other similar things. "
"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."
"We have had some challenges with newer version of the rollout in terms of stability."
"What could be better is the manual... nowadays, most people use a web client, but on the Board manual website, a lot of the information is only about the Windows client. If they could update that, it would be helpful."
"I would like to see better relationships with the partners."
"One of the things that I would like to see is the ability to have a rule directly referenced on the cubes."
"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical."
"All the planning systems out there are great. It doesn't matter which company you use. They're all great. I've seen demonstrations on a number of them, but it all boils down to the culture within the organization itself to use that functionality, understand it, and help drive it. I've had Oracle salespeople do demonstrations, and it looked really good. We get it on board, and everybody still sticks to their Excel spreadsheets because companies are a lot more complex than what you could deliver on the planning system. So, there should be more education on the capabilities, and there should be more understanding of organizations in terms of the way they access the data in order to plan."
"Hyperion has much room for improvement, especially disaster recovery. You don't have the option to choose the proper disaster recovery method. We have Hyperion and an SQL server on the backend. We have active solutions for the backend database server, which aren't working for our people. They've asked us to remove the high availability to increase application performance."
"The analytics could be improved."
"The initial setup of Oracle Hyperion is very difficult."
"The user interface is in need of improvement. The forms should be more user-friendly."
"Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage."
"From a technical perspective, the technical support could be improved and the price could be reduced."
"Their documentation could be a little bit more descriptive at places. They don't really do a lot of How-Tos because that gets pushed through to the consulting groups. There have been some books. There is a real good one out there about how to look smarter than you are with Hyperion Planning that some people at a company called ArganoInterRel wrote. Those things do exist, but that's not in their documentation. It's basically like they'll say, "This is the field. This is what it's used for," but they don't tell you how to particularly use it in your case environment."
Board is ranked 11th in Business Performance Management with 35 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews. Board is rated 8.6, while Oracle Hyperion is rated 8.0. The top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". On the other hand, the top reviewer of Oracle Hyperion writes "A world-class solution that provides a lot of functionality out of the box and also allows you to customize it to meet your needs". Board is most compared with Anaplan, SAP Analytics Cloud, IBM Planning Analytics, Microsoft Power BI and CCH Tagetik, whereas Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle HFM and Jedox. See our Board vs. Oracle Hyperion report.
See our list of best Business Performance Management vendors.
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