Board vs Oracle HFM comparison

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Board International Logo
1,529 views|1,031 comparisons
94% willing to recommend
Oracle Logo
2,148 views|1,498 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Board and Oracle HFM 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.
To learn more, read our detailed Board vs. Oracle HFM Report (Updated: May 2024).
772,649 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT.""We have better reporting and have been able to better track performance.""All staff can now see their relevant scorecards online.""What is very valuable is the ability to customize. We didn't see a solution out there that really matched exactly what our functional requirements would be. So we were able to work with New Brain, our integrator, and we were able to build from the ground up what we wanted, and I think that's pretty unique to BOARD.""The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background.""The drill down is good for people who have that high level view, because they can do some analysis based on it.""The aesthetics of it are really nice. That is what attracted us to BOARD: the ease and functionality of it.""we are able to easily export data. When directors need financial information, we can go in the system and export the data, then send it out so they have it ready and available. If they are not in the office, we can email it to them. In addition, all the managers are now more on top of their expenses and their budget."

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"The tool is stable.""Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination.""It is a very user-friendly software.""The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.""You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM.""Stability-wise, I rate the solution a ten out of ten.""The most valuable features are around consolidations, eliminations, conversions."

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Cons
"We can't delete entities and cubes in Boards because it interrupts our whole data model.""I would like to see better relationships with the partners.""I would like to see a better Web client, where the controls work the same way as in the Windows client. I do think that the focus is now on the Web, so it should be improved upon.""​We are looking for ways to distinguish zeros versus nulls in BOARD.""​One of the things that I would like to see is the ability to have a rule directly referenced on the cubes.​""We are looking at ways to improve how we deal with security in BOARD and other similar things. ​""​My analysts have used the technical support. Sometimes they have felt like they did not receive the answer that they needed, or you have to go and upgrade in order to address a problem. ​""The product can be improved by making it possible to know where cubes are used."

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"The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible.""The solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes.""If there could be data integration between HFM and the accounting software that would be ideal.""The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time.""Integration is an area where it lacks and can be improved.""It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM.""In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

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Pricing and Cost Advice
  • "Find a partner who will take responsibility for the implementation, and be available for support."
  • "​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
  • "It is not the cheapest product on earth, but you get so much. It provides good value for money."
  • "The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
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  • "Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
  • More Oracle HFM Pricing and Cost Advice →

    report
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    772,649 professionals have used our research since 2012.
    Questions from the Community
    Top Answer:We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS generated, the focus is generally on compiling input from various sources and… more »
    Top Answer:All the reports are prepared automatically.
    Top Answer:Sometimes, the data disappears from the product. We have had a few such cases. When I added my comments to the data, it disappeared. A technical specialist tried to restore it. It was not convenient… more »
    Top Answer:The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
    Top Answer:In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions. Also, the transition from on-premises to the cloud can be… more »
    Ranking
    Views
    1,529
    Comparisons
    1,031
    Reviews
    3
    Average Words per Review
    470
    Rating
    7.3
    Views
    2,148
    Comparisons
    1,498
    Reviews
    4
    Average Words per Review
    431
    Rating
    8.0
    Comparisons
    Anaplan logo
    Compared 29% of the time.
    SAP Analytics Cloud logo
    Compared 15% of the time.
    IBM Planning Analytics logo
    Compared 9% of the time.
    Oracle Hyperion logo
    Compared 9% of the time.
    Microsoft Power BI logo
    Compared 7% of the time.
    Also Known As
    HFM
    Learn More
    Overview

    BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

    BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

    Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.
    Sample Customers
    Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
    B&B Hotels, Goldwind, Drake & Scull
    Top Industries
    REVIEWERS
    Government20%
    Healthcare Company20%
    Hospitality Company10%
    Pharma/Biotech Company5%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Financial Services Firm10%
    Manufacturing Company8%
    Wholesaler/Distributor7%
    REVIEWERS
    Construction Company22%
    Manufacturing Company22%
    Financial Services Firm11%
    Non Tech Company11%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company11%
    Financial Services Firm10%
    Healthcare Company5%
    Company Size
    REVIEWERS
    Small Business37%
    Midsize Enterprise40%
    Large Enterprise23%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise17%
    Large Enterprise60%
    REVIEWERS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise69%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise13%
    Large Enterprise66%
    Buyer's Guide
    Board vs. Oracle HFM
    May 2024
    Find out what your peers are saying about Board vs. Oracle HFM and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    Board is ranked 11th in Business Performance Management with 35 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Board is rated 8.6, while Oracle HFM is rated 8.0. The top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Board is most compared with Anaplan, SAP Analytics Cloud, IBM Planning Analytics, Oracle Hyperion and Microsoft Power BI, whereas Oracle HFM is most compared with Oracle Hyperion, Oracle Planning and Budgeting Cloud, OneStream XF, CCH Tagetik and Microsoft Power BI. See our Board vs. Oracle HFM report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.