We performed a comparison between Adaptive Insights 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."The important feature is integration with source data. It connects to various ERP systems, including Workday, Intact, and others. It can also import actuals and compare them to PlanPoint quite easily."
"Changes to corporate structure, account codes are updated in all versions including prior years, hence "one-version of truth" as claimed."
"The integration with our payroll system to complete staff modeling during our budget and forecast processes."
"Automated reporting."
"It's very stable."
"It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday."
"We utilize planning on a daily basis, therefore we find it to be the most valuable product for our organization."
"It helps develop a more unified work format throughout the company."
"The tool is stable."
"It is a very user-friendly software."
"Stability-wise, I rate the solution a ten out of ten."
"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"The most valuable features are around consolidations, eliminations, conversions."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"Adaptive Insights has a limit of 1,00,000 rows for HTML reports. It should be improved because we will have multiple dimensions that need to be populated to enhance the image."
"The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."
"Discovery (the data visualization module): Needs to catch up with BI leaders, such as MS and Tableau. E.g., sorting by amounts in column charts and page slicers to control all visuals."
"It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that."
"The upload feature exists, but isn't terribly useful."
"We tried Discovery and OfficeConnect at one point and found them too cumbersome, at the time."
"Being able to drill down when using OfficeConnect needs work."
"Their customer support team is slow to respond and not extremely confident."
"If there could be data integration between HFM and the accounting software that would be ideal."
"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."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"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."
"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."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
Adaptive Insights is ranked 9th in Business Performance Management with 18 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Adaptive Insights is rated 8.4, while Oracle HFM is rated 8.0. The top reviewer of Adaptive Insights writes "Facilitates leveraging the query reporting engine and modeling engine into Excel spreadsheets but there is room for improvement in terms of performance ". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Adaptive Insights is most compared with Tableau, Microsoft Power BI, Anaplan, Planful and Oracle Planning and Budgeting Cloud, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Workiva Wdesk. See our Adaptive Insights vs. Oracle HFM report.
See our list of best Business Performance Management vendors.
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