Oracle Hyperion vs Planful comparison

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3,349 views|2,170 comparisons
86% willing to recommend
Planful Logo
875 views|501 comparisons
100% willing to recommend
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Executive Summary

We performed a comparison between Oracle Hyperion and Planful based on real PeerSpot user reviews.

Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management.
To learn more, read our detailed Business Performance Management Report (Updated: April 2024).
769,630 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
"Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard.""Oracle Hyperion has helped make things work faster in our company.""Since it is an enterprise-capable solution, people are not worried about security, giving data, the ability to manage complex consolidation, and its ability to modify reporting.""One can see that it's a mature product because it addresses all the requirements that you must need for financial consolidation and for budgeting and planning. It's really easy to use.""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.""Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other.""This is a customizable product. Our implementation was designed to fit our needs.""It's basically the same as the other budgeting solutions."

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"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."

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Cons
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model.""The initial setup of Oracle Hyperion is very difficult.""The analytical side of the product could be better and needs to be improved.""It is challenging to do reporting on Oracle Hyperion if you're not an expert.""Oracle Hyperion generally it's quite a complex architecture that is hard to maintain.""Oracle Hyperion's scalability could be improved.""From a technical perspective, the technical support could be improved and the price could be reduced.""The Oracle technical support in our area is terrible."

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"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."

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Pricing and Cost Advice
  • "As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
  • "Compared with MSBA, it is quite reasonable."
  • "To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
  • "We pay for licensing yearly."
  • "Oracle Hyperion is not an inexpensive solution."
  • "The licenses cost approximately $1,000."
  • "The solution is affordable."
  • "Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
  • More Oracle Hyperion Pricing and Cost Advice →

  • "Right now, everything is on a three-year term contract, and that is our main cost."
  • More Planful Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting.
    Top Answer:Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures.
    Top Answer:We use the solution for partition planning, HCM, and financial reporting.
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    Ranking
    Views
    3,349
    Comparisons
    2,170
    Reviews
    9
    Average Words per Review
    630
    Rating
    8.0
    Views
    875
    Comparisons
    501
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Anaplan logo
    Compared 57% of the time.
    Adaptive Insights logo
    Compared 11% of the time.
    Vena logo
    Compared 9% of the time.
    Board logo
    Compared 8% of the time.
    Prophix logo
    Compared 6% of the time.
    Also Known As
    Hyperion
    Host Analytics
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    Overview
    Oracle Business Analytics Suite.

    You need a financial planning solution that meets the structured demands of standardized financial planning and reporting requirements and regulations. Structured Planning with Planful automates labor-intensive planning activities in a complete cloud-based platform – giving your finance team control, consistency, and confidence in corporate financial plans.

    Sample Customers
    ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
    Tandem Diabetes Care, Reed Exhibitions, SkyGolf, Zep Inc., Thule, Stylesight, Schumacher Group, Parsons Electric, Nextag, Groupon
    Top Industries
    REVIEWERS
    Manufacturing Company18%
    Retailer15%
    Financial Services Firm12%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company12%
    Financial Services Firm11%
    Retailer6%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Manufacturing Company11%
    Healthcare Company11%
    Financial Services Firm8%
    Company Size
    REVIEWERS
    Small Business28%
    Midsize Enterprise11%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise12%
    Large Enterprise68%
    VISITORS READING REVIEWS
    Small Business38%
    Midsize Enterprise16%
    Large Enterprise46%
    Buyer's Guide
    Business Performance Management
    April 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: April 2024.
    769,630 professionals have used our research since 2012.

    Oracle Hyperion is ranked 2nd in Business Performance Management with 50 reviews while Planful is ranked 16th in Business Performance Management. Oracle Hyperion is rated 8.0, while Planful is rated 8.0. 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". On the other hand, the top reviewer of Planful writes "It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve". Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and IBM Planning Analytics, whereas Planful is most compared with Anaplan, Adaptive Insights, Vena, Board and Prophix.

    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.