We performed a comparison between Anaplan 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."It's highly flexible. If you've got a complex environment with complex calculations, you can build that out. So that's a really good positive."
"Anaplan provides 130 GB of cloud storage for organizations to use as part of their license."
"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility."
"Technical support has been good."
"Anaplan integrates well into my clients' core systems. The ability to aggregate the forms within the dashboarding is also useful. Only one of my clients has implemented workflow. Their usage has been very light. Dashboarding capability is probably the biggest one. My clients like having the ability to aggregate, slice and dice, and dynamically adjust things in the dashboards."
"The best thing is that it's very intuitive and user-friendly. You don't need coding skills to manipulate the platform."
"It's simple to use with a lot of functions."
"Anaplan's most valuable features are that it's a no-coding platform, everything can be scaled to your other functions, and it's easy to learn and use (especially because Anaplan provides excellent interactive training)."
"The most valuable features are around consolidations, eliminations, conversions."
"The tool is stable."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"Stability-wise, I rate the solution a ten out of ten."
"It is a very user-friendly software."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"There are so many business rules to set up in the system that as a business user it's hard to gauge what they're doing and it's possible to get lost."
"Automation needs to be built into this solution."
"Anaplan should come up with flexible options to connect to a data warehouse rather than an Anaplan hub."
"One area of improvement is conditional formatting. It's not very practical, and you need to specify additional formatting."
"The visualization tools in the product are limited in comparison to other reporting tools."
"Anaplan could be improved with a stronger consolidation module."
"There are workspace issues, like the limitation on model sizes."
"The dashboard could be better. Because within a dashboard or report, you have to do a lot of scrolling. You need to scroll down because the table doesn't fit in a single view. That's why even the users aren't happy with that kind of user experience. They need to scroll to see all the data, and it could be better if it fits in just one page. That way, you can see everything. In the next release, I want automation that's connected to Anaplan. For example, to load master data from SAP to Anaplan. I don't know if this already exists, but a log where you can see the progress and see if there's an error will also help. It would be better to give you the error message, for example, if there is an error within the automated process importing to Anaplan."
"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."
"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."
Anaplan is ranked 1st in Business Performance Management with 24 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Anaplan is rated 8.0, while Oracle HFM is rated 8.0. The top reviewer of Anaplan writes "Great for large-scale modelling, easy to learn, and very stable". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Anaplan is most compared with SAP ERP, Oracle Hyperion, SAP S/4HANA, IBM Planning Analytics and CCH Tagetik, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and IBM Cognos. See our Anaplan vs. Oracle HFM report.
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