We performed a comparison between Oracle Hyperion and Planful 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."Smart View is a really useful tool because we can have a good API with HFM."
"Oracle Hyperion is fairly user-friendly and not too complicated. The forecasting, it's really good. It's sometimes slow when there are a lot of users using it and we can have up to approximately 300 users using it. However, you can do it in Excel because there's an Excel add-in. This is a benefit because a lot of people do this way instead of having to go into the planning application itself."
"Scalability isn't a problem for Hyperion."
"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."
"Stable and scalable solution with a valuable data integration feature which allows the slicing and dicing of data. It also has a workforce planning feature that allows you to bring in your HR data."
"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."
"Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."
"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."
"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."
"Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model."
"There's something known as a data block that Hyperion generates for each and every transaction. Sometimes it does not generate and we need to identify those issues and fix them manually."
"We are still having some issues with the ASO Cube. It can take a long time to clear the data in the ASO Cube compared to BSO data-clearing operations. We don't have a specific calculation in the ASO, and we only have these aggregate options on the ASO side. If we need calculations, we have to calculate them in the BSO and pass the data to the ASO Cube for the reporting. That's one of the drawbacks. Oracle could also improve on the data logging side as well."
"The level of complexity of the implementation is always a challenge."
"The user interface is in need of improvement. The forms should be more user-friendly."
"Sometimes Oracle Hyperion is slow when there are a lot of users using it. However, we can have up to approximately 300 users using it."
"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 analytical side of the product could be better and needs to be improved."
"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 51 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 Oracle Hyperion vs. Planful report.
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