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."The latest cloud version is more efficient for financial implementations."
"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."
"This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place."
"The stability is fine and quite user friendly."
"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."
"This product is very scalable and provides high ROI."
"Scalability is one of this solution's big plus points."
"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."
"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."
"The initial setup of Oracle Hyperion is very difficult."
"It is challenging to do reporting on Oracle Hyperion if you're not an expert."
"I found the initial setup to be complex."
"Oracle Hyperion generally it's quite a complex architecture that is hard to maintain."
"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."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"The Oracle technical support in our area is terrible."
"The solution is about to cease to exist, so it doesn't really matter if they add anything to it. It's at end-of-life."
"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."
Earn 20 points
Oracle Hyperion is ranked 2nd in Business Performance Management with 49 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, Anaplan, IBM Cognos, Oracle HFM and IBM Planning Analytics, whereas Planful is most compared with Anaplan, Adaptive Insights, Vena, Board and Prophix.
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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.
