We performed a comparison between Oracle Hyperion and Workiva Wdesk 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."This product is very scalable and provides high ROI."
"Smart View is a really useful tool because we can have a good API with HFM."
"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."
"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."
"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."
"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."
"We have found there is excellent stability with Oracle Hyperion."
"Oracle Hyperion has helped make things work faster in our company."
"Workiva Wdesk has a flow diagram that is standardized, making it easy for people to file documents on ECDAs, which are in HTML format."
"Workiva Wdesk is pretty good in terms of getting the data from the system, automating the reporting schedules...It has a very good integration with ERP tools."
"The collaboration within the platform is valuable."
"The most valuable feature is its ability to easily upload and update financial results, creating a dynamic data sheet."
"It helps you to maintain a backup of your data, including the connectivity with the tables, which provides a user-friendly way to handle and access your files."
"It makes the compliance process more efficient and more effective."
"What I like is to have everything on one platform and not in different modules like Oracle Hyperion."
"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."
"I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget."
"Oracle Hyperion's scalability could be improved."
"The interface could be better. It could be more user-friendly, it is not very intuitive."
"From a technical perspective, the technical support could be improved and the price could be reduced."
"Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures."
"The user interface is in need of improvement. The forms should be more user-friendly."
"With this product, it's more about the integrated data model where you can have a one-to-many/many-to-one relationship between your policies and processes, risks, and controls. They need to showcase how you can put those pieces together."
"Regarding the solution, reporting has certain areas that can be considered for improvement."
"At this point, I don't see a compelling reason to invest in Workiva. It may be necessary for compliance and controlling the version of SCC, but not everyone needs its high-end capabilities."
"One area where Workiva Wdesk could improve is by ensuring that its cloud-based system is fully compatible with the most current versions of PowerPoint and Excel."
"The speed must be improved."
"The most critical issue is the need to shift between uppercase and lowercase."
Oracle Hyperion is ranked 2nd in Business Performance Management with 51 reviews while Workiva Wdesk is ranked 12th in Business Performance Management with 6 reviews. Oracle Hyperion is rated 8.0, while Workiva Wdesk is rated 7.0. 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 Workiva Wdesk writes "A user-friendly tool useful for data consolidation and automating the reporting schedules". Oracle Hyperion is most compared with Tableau, IBM Cognos, Anaplan, Oracle HFM and Oracle Planning and Budgeting Cloud, whereas Workiva Wdesk is most compared with AuditBoard, OneTrust GRC, RSA Archer, LucaNet and ACL Analytics. See our Oracle Hyperion vs. Workiva Wdesk report.
See our list of best Business Performance Management vendors.
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