We performed a comparison between Oracle Hyperion and Oracle Planning and Budgeting Cloud 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."Scalability isn't a problem for Hyperion."
"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."
"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."
"The latest cloud version is more efficient for financial implementations."
"The accuracy of data gathering and consolidation is very good."
"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."
"Oracle Hyperion has helped make things work faster in our company."
"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."
"The product has a direct plugin to Microsoft Excel."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"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."
"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."
"Beneficial analysis and easy to do management adjustments."
"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 most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."
"This solution's stability is a little problematic."
"I would like to see more integrations with third-party vendors such as BigSense and SAP. I'm looking forward to seeing more interface-related content."
"The reporting feature in Oracle Hyperion isn't the best. It needs improvement."
"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."
"I would love more comment capabilities so that you could put in little notes, cheat notes."
"The level of complexity of the implementation is always a challenge."
"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."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
"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."
"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."
"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."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"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."
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Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 16 reviews. Oracle Hyperion is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. 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 Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle HFM and OneStream XF, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, IBM Planning Analytics, IBM Cognos and CCH Tagetik. See our Oracle Hyperion vs. Oracle Planning and Budgeting Cloud report.
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