CCH Tagetik vs Oracle Hyperion comparison

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Wolters Kluwer Logo
1,000 views|844 comparisons
85% willing to recommend
Oracle Logo
3,349 views|2,170 comparisons
87% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between CCH Tagetik and Oracle Hyperion 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 CCH Tagetik vs. Oracle Hyperion 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
"The most valuable feature of CCH Tagetik is form creation.""I appreciate its user-friendliness, especially for business users who may not be very tech-savvy.""I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage.""Has an APM, which deals with the details of data and has calculation functions included."

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"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.""We like the reporting and tracking of financials.""The stability is fine and quite user friendly.""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.""It's a very good program and it's useful for consolidation.""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.""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 accuracy of data gathering and consolidation is very good."

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Cons
"The tool's major drawback is the ETL process, which is not up to par with other solutions.""We faced difficulties while uploading data.""Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity.""There is room for improvement, especially on the settings side of the solution."

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"The interface could be better. It could be more user-friendly, it is not very intuitive.""They could support machine learning algorithms for the product.""The reporting feature in Oracle Hyperion isn't the best. It needs improvement.""The analytics could be improved.""Hyperion has much room for improvement, especially disaster recovery. You don't have the option to choose the proper disaster recovery method. We have Hyperion and an SQL server on the backend. We have active solutions for the backend database server, which aren't working for our people. They've asked us to remove the high availability to increase application performance.""It is challenging to do reporting on Oracle Hyperion if you're not an expert.""Oracle Hyperion generally it's quite a complex architecture that is hard to maintain.""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."

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Pricing and Cost Advice
  • "The solution's pricing is affordable."
  • "The solution is quite expensive."
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  • "As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
  • "Compared with MSBA, it is quite reasonable."
  • "To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
  • "We pay for licensing yearly."
  • "Oracle Hyperion is not an inexpensive solution."
  • "The licenses cost approximately $1,000."
  • "The solution is affordable."
  • "Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
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    Questions from the Community
    Top Answer:I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure… more »
    Top Answer:The solution's pricing is affordable.
    Top Answer:The tool's major drawback is the ETL process, which is not up to par with other solutions.
    Top Answer:We can collect data from various sources, which is very useful for budgeting and planning.
    Top Answer: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… more »
    Top Answer:Our primary use case for the product involves supporting customers in constructing forecasting models within the Oracle Hyperion platform.
    Ranking
    Views
    1,000
    Comparisons
    844
    Reviews
    3
    Average Words per Review
    362
    Rating
    7.0
    Views
    3,349
    Comparisons
    2,170
    Reviews
    9
    Average Words per Review
    630
    Rating
    8.0
    Comparisons
    Also Known As
    Tagetik
    Hyperion
    Learn More
    Wolters Kluwer
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    Overview

    CCH Tagetik goes beyond basic CPM. By aligning financial and operational data in a unified platform, our software ensures you're working with a single version of the truth. The result is faster financial processes and a complete view of your entire organization.

    Oracle Business Analytics Suite.
    Sample Customers
    Daimler, Randstad, Rabobank, Metro Group
    ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm14%
    Manufacturing Company13%
    Computer Software Company12%
    Retailer8%
    REVIEWERS
    Manufacturing Company18%
    Retailer15%
    Financial Services Firm12%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company12%
    Financial Services Firm11%
    Retailer6%
    Company Size
    REVIEWERS
    Small Business57%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise10%
    Large Enterprise71%
    REVIEWERS
    Small Business28%
    Midsize Enterprise11%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise12%
    Large Enterprise68%
    Buyer's Guide
    CCH Tagetik vs. Oracle Hyperion
    May 2024
    Find out what your peers are saying about CCH Tagetik vs. Oracle Hyperion and other solutions. Updated: May 2024.
    772,649 professionals have used our research since 2012.

    CCH Tagetik is ranked 13th in Business Performance Management with 6 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews. CCH Tagetik is rated 7.6, while Oracle Hyperion is rated 8.0. The top reviewer of CCH Tagetik writes "User-friendly performance management with intuitive approach". On the other hand, 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". CCH Tagetik is most compared with SAP Business Planning and Consolidation, Oracle HFM, Anaplan, IBM Cognos and IBM Planning Analytics, whereas Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and Jedox. See our CCH Tagetik vs. Oracle Hyperion 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.