Board vs Oracle Hyperion comparison

Board

Read 35 Board reviews

1,514 Views
1,027 Comparison Views

94% willing to recommend

Oracle Hyperion

Read 51 Oracle Hyperion reviews

3,272 Views
2,140 Comparison Views

87% willing to recommend

Board

Oracle Hyperion

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Board 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 Board vs. Oracle Hyperion Report (Updated: May 2024).

Buyer's Guide

Board vs. Oracle Hyperion

May 2024

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Helped 787,061 peers since 2012

Categories and Ranking

Board

Ranking in Business Performance Management

11th

Average Rating

8.6

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (23rd), Reporting (19th)

Oracle Hyperion

Ranking in Business Performance Management

2nd

Average Rating

8.0

Number of Reviews

Ranking in other categories

No ranking in other categories

Market share comparison

As of June 2024, in the Business Performance Management category, the market share of Board is 6.5% and it increased by 12.5% compared to the previous year. The market share of Oracle Hyperion is 14.8% and it increased by 0.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Unique Categories:

BI (Business Intelligence) Tools

0.6%

Reporting

0.5%

No other categories found

Featured Reviews

it_user858351

Strategy and Performance Analytics Director at a government

Apr 18, 2018

Helps us produce a cross-functional dataset from disparate sources and produce reports

The one thing that I think we would like to see in terms of improvement of the application is the ability to print. It's fantastic to have all of these graphic visualization of data, but we're not able to very easily just print. I'm not a developer, I'm an end user, but from my perspective, if you can have a little "print" button and then you just click it and it would produce what's on the screen, or anything like that that would be easy to do, that would be very helpful. When we built the Track Stat, we had a focus on getting that out onto the Web and having it available for everyone. But some folks just need the print copy, so that's really been a stumbling block for us, and a pretty serious one at this point. We just need the ability to print.

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GurkanONAY

Director - Data Analytics / EPM at Constellation Consulting Group

Apr 19, 2024

Provides efficient data integration functionality and has a valuable feature for financial analysis

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.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"It has definitely saved us time, especially in our budget and planning processes."

"The ease of being able to get the data into BOARD is what makes it nice for people with a semi-IT background."

"Primary valuable features are its flexibility and versatility and, obviously, functionality goes along with that. Plus, it does that at a small footprint in the file servers, and does it very efficiently."

"Our data is now more structured. Between our data warehouse and BOARD, which are both brand new, we now have a more structured data view with more accurate, timely data."

"Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance."

"Now, we have only one version of the truth."

"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."

"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."

More Board pros

"The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting."

"It's basically the same as the other budgeting solutions."

"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."

"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."

"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."

"Scalability is one of this solution's big plus points."

"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."

"It's very easy to use and the functionality is quite complete."

More Oracle Hyperion pros

Cons

"I would like an eLearning platform for BOARD."

"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."

"We are looking for ways to distinguish zeros versus nulls in BOARD."

"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."

"The one thing that I think we would like to see in terms of improvement of the application is the ability to print. It's fantastic to have all of these graphic visualization of data, but we're not able to very easily just print... From my perspective, if you can have a little "print" button and then you just click it and it would produce what's on the screen, that would be very helpful."

"If we could upload other data, e.g., pivot tables which can be done in BOARD already, that we have pre-existing and have that data distribute to more complex spreadsheets, I would like that going forward."

"What could be better is the manual... nowadays, most people use a web client, but on the Board manual website, a lot of the information is only about the Windows client. If they could update that, it would be helpful."

"Sometimes, the data disappears from the product."

More Board cons

"From a technical perspective, the technical support could be improved and the price could be reduced."

"The interface could be better. It could be more user-friendly, it is not very intuitive."

"The Oracle technical support in our area is terrible."

"I found the initial setup to be complex."

"Sometimes Oracle Hyperion is slow when there are a lot of users using it. However, we can have up to approximately 300 users using it."

"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."

"I would like to see more integrations with third-party vendors such as BigSense and SAP. I'm looking forward to seeing more interface-related content."

"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."

More Oracle Hyperion cons

Pricing and Cost Advice

"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."

"Find a partner who will take responsibility for the implementation, and be available for support."

"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."

"The solution is affordable."

"We pay for licensing yearly."

"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."

"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."

"It might be considered relatively costly compared to some alternatives."

"Compared with MSBA, it is quite reasonable."

"The licenses cost approximately $1,000."

More Oracle Hyperion pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

14%

Financial Services Firm

10%

Manufacturing Company

Wholesaler/Distributor

Computer Software Company

12%

Manufacturing Company

12%

Financial Services Firm

11%

Retailer

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?

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 simu...

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What do you like most about Board?

All the reports are prepared automatically.

See all answers

What needs improvement with Board?

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 convenien...

See all answers

What do you like most about Oracle Hyperion?

We can collect data from various sources, which is very useful for budgeting and planning.

See all answers

What needs improvement with Oracle Hyperion?

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,...

See all answers

What is your primary use case for Oracle Hyperion?

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

See all answers

Comparisons

Anaplan vs Board

Compared 29% of the time

SAP Analytics Cloud vs Board

Compared 16% of the time

IBM Planning Analytics vs Board

Compared 9% of the time

Microsoft Power BI vs Board

Compared 7% of the time

CCH Tagetik vs Board

Compared 6% of the time

More Board Competitors

Tableau vs Oracle Hyperion

Compared 23% of the time

IBM Cognos vs Oracle Hyperion

Compared 16% of the time

Anaplan vs Oracle Hyperion

Compared 13% of the time

Oracle HFM vs Oracle Hyperion

Compared 10% of the time

CCH Tagetik vs Oracle Hyperion

Compared 3% of the time

More Oracle Hyperion Competitors

Product Reports

Buyer's Guide

Board

June 2024

Download Board product report

Buyer's Guide

Oracle Hyperion

May 2024

Download Oracle Hyperion product report

Also Known As

No data available

Hyperion

Learn More

Board International

Oracle

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 Business Analytics Suite.

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB

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.

Buyer's Guide

Board vs. Oracle Hyperion

May 2024

Free Report: Board vs. Oracle Hyperion

Find out what your peers are saying about Board vs. Oracle Hyperion and other solutions. Updated: May 2024.

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