Oracle Hyperion Reviews

The most valuable feature in our experience is the user interface. We've found it really useful as an add-on for the financial part of Excel because it's functionality is geared towards finance users. Our finance users tend to like anything that can make their work inside Excel easier and more efficient.

It empowers users to perform ad hoc analyses themselves rather than having to go to IT or somewhere else. That makes it much more efficient for our users to do their jobs because they have access to data analysis in front of them instead of having to find that information elsewhere.

Oracle should have provided better documentation, and should update it more often. Right now, the documentation is not easy to understand and makes Hyperion that much less user-friendly.

We've had no issues with deploying it.

I think that Hyperion is, traditionally, very complex. It always seems to be buggy to a degree. We're always finding something that doesn't work quite the way we want and expect. But in terms of overall stability, it's very stable.

There are definitely certain limits. I'd say that it's not very scalable.

The initial setup wasn't not very straightforward. Installing Hyperion products requires a lot of effort and a lot of technical knowledge.

We implemented it with our in-house team.

The product itself, right now, especially on the Hyperion planning side, is the industry leading software for what it does. Although it's buggy, I think that's as far as you can get on the enterprise solutions. This is way better than anything else out there.

Our primary use case for the product involves supporting customers in constructing forecasting models within the Oracle Hyperion platform.

With this solution, logic, calculations, and other functionalities are centralized, eliminating reliance on specific personnel. Additionally, employees gain value from working with advanced products like Hyperion, enhancing their skill sets.

The cloud storage engine is the most valuable financial analysis feature, and it is highly powerful and has useful workflows.

They could support machine learning algorithms for the product. Such functionality would make operations easier for finance executives in the next five years. They are trying to edit the functions, but automation learning is moving at a fast pace. Oracle must quickly implement or provide these features as customers increasingly demand them. This is the biggest trend emerging from the customer side.

We have been using Oracle Hyperion for 15 years.

The stability of the on-premise versions is quite impressive.

We have more than 20 Oracle Hyperion users in our organization. It is a scalable product.

The initial setup is straightforward, particularly when working with a consultant company that has already explained its use case.

The deployment process typically starts with understanding customer requirements through a discovery phase. Once the scope and requirements are agreed upon, the solution is implemented. Data validation, especially for financial closure, is conducted to ensure accuracy. Finally, the solution is deployed to production.

The pricing model for the cloud setup is subscription-based, typically monthly. On the other hand, Oracle on-premise is user-based, meaning organizations pay upfront for an annual subscription, depending on the number of users they require. It might be considered relatively costly compared to some alternatives.

The platform's data integration is indeed powerful. We can collect data from various sources, which is very useful for budgeting and planning.

The impact on financial processes is significant. It dramatically reduces the time required. Without such solutions, financial consolidation or closure may take around ten days. However, with Oracle Hyperion, for instance, there are real use cases where customers can close their month or quarter within a maximum of five days.

One of the main challenges has been related to the requirements we receive from customers. Some of the features and functionalities they require are not available in the cloud version of Oracle Hyperion.

Besides recommending the product itself, it's crucial to emphasize the importance of aligning with a reputable consulting company with experience in multiple projects.

I rate the product an eight out of ten.

Our primary use case for Oracle Hyperion was planning and budgeting.

My role in the company is on the support side.

This is a customizable product. Our implementation was designed to fit our needs.

The user interface is in need of improvement. The forms should be more user-friendly.

Initially, we had some integration issues. However, these were solved after we submitted a couple of service requests.

We were using Hyperion for approximately eight years.

As of last week, we no longer use the original Oracle Hyperion. We have moved to the cloud version of the product.

Overall, the stability was okay. We did not have to raise many issues with support.

Scalability-wise, Oracle Hyperion is okay.

We did not have to raise many issues with support because we were only using the planning and budgeting features. We did initially have some integration issues and these were solved after we set up a couple of service requests.

Overall, the support is okay.

We were using Oracle Hyperion but have transitioned to the Oracle EPM Planning Cloud.

We switched because the support was ending and we decided to move to the latest version.

The deployment was done by a third-party implementation provider.

As of now, the Oracle Hyperion product is out of support, so I would not recommend it to anyone. Anybody that has it will not be supported by Oracle.

For anybody who is still planning to implement this product, my advice is to consider their needs during the initial implementation phase. The one that we were using was designed to fit our needs and anybody who plans to use this product should identify what forms and screens they will need. That is configurable at the beginning.

I would rate this solution a seven out of ten.

The ability to lock and send data as well as the flexibility of user security are two very important aspects of the product.

The partitioning option between databases allows for users to enter data one time, versus copying data lots of times from one cube to another. This has saved hours of maintenance and eliminates data integrity issues between the cubes.

The product could be improved with a better front end and user experience.

The solution has been in place for 12 years.  

We currently use the product for Financial Reporting, and from a functionality perspective, I would rate the product an 8/10 (once you understand it). As an intuitive, user friendly, GUI application, I would rate it a 4/10.

We have encountered no issues to date with deployment.

At one point, a data package had corrupted, causing our cube refreshes to fail. Having to restore from the backup but losing all the data inputs caused some business issues, but we were able to overcome them.

The Essbase engine does not start up automatically when the server reboots, causing users to log connection complaints.

To date, we have had no issues with an increase in data by date, or as we get newer version.

The initial set up was complex, as we were actually migrating from version 9 to version 11. The upgrade version path was not clear, and it was easier to recreate it.

We implemented it in-house.

We have a corporate global licensing agreement.

Finding highly qualified technical consultants for this application is difficult. There are other products with a larger community available for support and development.

We used It was used for budgeting, monthly management reporting, and forecasting.

Oracle Hyperion is an engine allowing you to build whatever you want on it.

Oracle Hyperion generally it's quite a complex architecture that is hard to maintain.

In our case, the issue was with the lack of people in Kazakhstan who know the product. there is a very limited number of resources available on the market.

I have been using Oracle Hyperion for approximately 11 years.

I have found Oracle Hyperion to be stable.

The scalability of Oracle Hyperion is not that simple. However, for our usage, we do not have any performance issues. We didn't try to scale it that much.

Previously to using Oracle Hyperion we were using Excel.

The installation is at a medium difficulty level. It is similar to Oracle E-Business Suite.

Oracle Hyperion was implemented with the help of an integrator.

Oracle Hyperion is not an inexpensive solution.

I would advise others to use a cloud solution if there is one available.

I rate Oracle Hyperion a seven out of ten,

Essentially, we use Hyperion for financial reporting and tracking.

We like the reporting and tracking of financials.

I think the user interface could be made a bit easier and user-friendly.

The initial setup could be easier, and there could be more integration with more ERPs.

There is always room for improvement. 

There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration.

I have been working with Oracle Hyperion for two years.

We are using the financial management version.

It's a stable solution.

It's a scalable product.

There are more than 40 users in our organization who are working with this solution.

Technical support has been good.

Previously, we did not work with similar products.

As an administrator, I don't find it to be very difficult, but from the user's perspective, It could be simplified.

We don't need much maintenance because it's a stable product.

If the group is large enough, then I would recommend going ahead with this solution. It's a very good tool for reporting and consolidation.

I would rate Oracle Hyperion an eight out of ten.

The fact that you can handle and process a lot of data in a very short time is the most valuable feature.

We showed a lot of demos of these solutions, and a lot of clients that we demonstrated to are very much impressed. It has increased our clientele, so we have a lot more of clients in my company for this application.

It's way ahead of the competition. IBM Solutions have gone down a lot in the last few years and the future is Oracle. So, for now, I don't see any features in IBM that should be improved. It's very good for now.

I don't think that this product needs any improvement for now. I am quite satisfied with the application that we have, it is working just fine. For clients who have a good understanding of the product, it is enabling them meet their deadlines. So for now, I don't think it is necessary for me to consider.

I have used this solution for five years.

Stability is good.

Nine out of 10.

Previously, we were using IBM.

The setup was very straightforward, it is easy to use.

This was the only option that was given to us.

I would always recommend this solution.

It is very versatile, it is easy to use, easy to access, and easy to set up.

I am very satisfied with and keen on this solution.

The entire ETL function is of great value and no feature on its own will function alone. So in my eyes there is not one feature that really stands out on its own.

I work in a consulting role but I believe that by implementing it a lot of organizations’ manual processes have been automated.

FDM has become redundant and is being replaced by FDMEE. FDM will not be supported in the near future anymore and no further development/improvements are done on this product.

It is a manual setup of the type of data that you want to load. To build the application you have to setup and create various locations, maps, categories, etc. You also need to define your input data structure to a certain extent. There is allot of manual work when it comes to creating an application but once the application is created there shouldn’t be any issues when it comes to loading data.

I've been using Oracle Hyperion Financial Quality Data Manager for four years.

There were no issues with the deployment.

We've experienced no issues with performance.

It's been able to scale for our needs.

99% of the time we do our own troubleshooting.

I started with this product.

The initial setup was rather complex but I knew what I needed to do to achieve the end result. There are also allot of reading material on these products if you get stuck.

We used an in-house team. My advice would be to know what you want to achieve with the tool because it is very flexible.

I would not recommend implementing FDM as it is falling away and will not be supported in the near future.