We performed a comparison between Board 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."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."
"All staff can now see their relevant scorecards online."
"With the combination of 24/7 global support and their community, there was great customer service, tech support, and community support."
"BOARD technical support is knowledgeable and helpful."
"My favourite feature of BOARD is the ability to write back to the OLAP DB, as well as the Rdb, and secure user data allowing databases to be flushed and rebuilt daily."
"The reporting part has been very valuable as the capabilities of the tool do not have to change graphs, change how grids are displayed, and can create reports on the fly."
"The benefits are getting the data in one spot, the ability to report dynamically, and version control."
"The ability to do write back and visualization, with minimal IT development orientation."
"It is a very user-friendly software."
"The most valuable features are around consolidations, eliminations, conversions."
"The tool is stable."
"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."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"It's very powerful, but there is also a big learning curve. It should be a little more intuitive."
"We are looking for ways to distinguish zeros versus nulls in BOARD."
"The product can be improved by making it possible to know where cubes are used."
"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."
"We have had some challenges with newer version of the rollout in terms of stability."
"I would like to see better relationships with the partners."
"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical."
"We would like to see better logging in the procedural world."
"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."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"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."
"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."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
Board is ranked 11th in Business Performance Management with 35 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Board is rated 8.6, while Oracle HFM 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 HFM writes "Offers flexibility and ease of configuration". Board is most compared with Anaplan, SAP Analytics Cloud, IBM Planning Analytics, Oracle Hyperion and Microsoft Power BI, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Microsoft Power BI. See our Board 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.
