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Oracle Hyperion pros and cons

Vendor: Oracle
4.0 out of 5
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Oracle Hyperion Pros review quotes

GH
Jul 29, 2022
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.
DL
Sep 16, 2020
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.
EF
Jan 13, 2022
It's basically the same as the other budgeting solutions.
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,857 professionals have used our research since 2012.
GK
Jan 28, 2022
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.
TW
Apr 27, 2022
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.
Jorge Flores Hernandez - PeerSpot reviewer
Jun 23, 2022
Oracle Hyperion has helped make things work faster in our company.
DH
Feb 16, 2022
It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that.
DEVINDRA SINGH CHAUHAN - PeerSpot reviewer
Jun 2, 2022
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.
Jerome Cobers - PeerSpot reviewer
Sep 13, 2022
We have found there is excellent stability with Oracle Hyperion.
MK
Dec 30, 2021
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 Hyperion Cons review quotes

DL
Sep 16, 2020
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.
EF
Jan 13, 2022
I would love more comment capabilities so that you could put in little notes, cheat notes.
GK
Jan 28, 2022
The reporting feature in Oracle Hyperion isn't the best. It needs improvement.
Learn what your peers think about Oracle Hyperion. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,857 professionals have used our research since 2012.
TW
Apr 27, 2022
All the planning systems out there are great. It doesn't matter which company you use. They're all great. I've seen demonstrations on a number of them, but it all boils down to the culture within the organization itself to use that functionality, understand it, and help drive it. I've had Oracle salespeople do demonstrations, and it looked really good. We get it on board, and everybody still sticks to their Excel spreadsheets because companies are a lot more complex than what you could deliver on the planning system. So, there should be more education on the capabilities, and there should be more understanding of organizations in terms of the way they access the data in order to plan.
Jorge Flores Hernandez - PeerSpot reviewer
Jun 23, 2022
It is challenging to do reporting on Oracle Hyperion if you're not an expert.
DH
Feb 16, 2022
Their documentation could be a little bit more descriptive at places. They don't really do a lot of How-Tos because that gets pushed through to the consulting groups. There have been some books. There is a real good one out there about how to look smarter than you are with Hyperion Planning that some people at a company called ArganoInterRel wrote. Those things do exist, but that's not in their documentation. It's basically like they'll say, "This is the field. This is what it's used for," but they don't tell you how to particularly use it in your case environment.
DEVINDRA SINGH CHAUHAN - PeerSpot reviewer
Jun 2, 2022
Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage.
Jerome Cobers - PeerSpot reviewer
Sep 13, 2022
What I like is to have everything on one platform and not in different modules like Oracle Hyperion.
MK
Dec 30, 2021
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.
AM
Jan 5, 2022
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.