We performed a comparison between IBM Cognos and Oracle Planning and Budgeting Cloud based on real PeerSpot user reviews.
Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools."The product is a very good reporting tool and is very flexible. It allows for the users to get a scheduled report."
"I have worked on the features like dashboards and stories, and I do like them a lot."
"A positive feature is Report Studio, where we create beautiful, complex reports."
"The initial setup is very straightforward."
"Using custom controls, it is possible to extend the application with even more functionality and make the application intuitive and attractive."
"Previously, we were doing static reporting. Management would request a report, and it would take staff a week or more to provide it. With Cognos, we have dynamic reporting, and it has reduced both reporting and decision making times significantly. With the solution's dashboard, the company's management team has updated records at their fingertips. This means that they can directly access the data they need to make decisions."
"Mapbox integration for geospatial analytics down to longitude/latitude layers."
"We are able to generate quality reports easily which allows us to decrease response time."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"Beneficial analysis and easy to do management adjustments."
"Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"The product has a direct plugin to Microsoft Excel."
"Extending dynamic cubes aggregate awareness with calculated measures."
"I would like to see the introduction of mapbooks for supporting some geographical information."
"Chart quality: many other competitors have charts and graphics that look much better and that provide dynamic effects. Cognos doesn't."
"Cognos is quite slow - it's missing the performance of the PowerPlay cubes."
"IBM Support can be slow at times, but they can usually deliver in a timely manner."
"It would be nice to offer free online training on the tool for end-users."
"It would be good if the solution had conditional formatting."
"There are many problems with the product's stability part, making it an area where improvements are required."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless."
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IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 16 reviews. IBM Cognos is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, SAP BusinessObjects Business Intelligence Platform and Oracle Hyperion, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and CCH Tagetik.
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