Oracle HFM vs Software AG ARIS Process Mining comparison

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Executive Summary

We performed a comparison between Oracle HFM and Software AG ARIS Process Mining 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 Oracle HFM vs. Software AG ARIS Process Mining Report (Updated: March 2024).
765,234 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
"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM.""It is a very user-friendly software.""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.""The most valuable features are around consolidations, eliminations, conversions.""Stability-wise, I rate the solution a ten out of ten.""The tool is stable."

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"The interface is simplified and easy to use.""I have found Software AG ARIS Process Mining scalable.""One feature I found really cool was the Conformance Engine.""It is a stable solution...I rate the technical support a ten out of ten...On a scale of one to ten, where one is difficult, and ten is easy, I rate the setup a nine.""It is very easy to work on the way the ETL happens in ARIS Process Mining."

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Cons
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM.""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.""Integration is an area where it lacks and can be improved.""If there could be data integration between HFM and the accounting software that would be ideal.""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.""In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

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"Customizing KPIs and building dashboards were not as intuitive as other similar tools.""I guess we have many unnecessary steps within our processes. There is room for automation and room for enhancement within our application portfolio management...In short, I would like to eliminate unnecessary steps in some processes in this solution.""There should be a single site for modeling and mining.""The installation is straightforward, we didn't have any technical issues with installing. However, we needed support to complete the implementation.""When the process models are transferred back to the design environment for further optimization and simulations, we need to see some improvements in the way the models get created in the design."

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Pricing and Cost Advice
  • "Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
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  • "We pay for a license to use this solution."
  • "The pricing is based on licenses."
  • "It's highly-priced, so it's not exactly a cheap product...We are getting what we are paying for, so on a scale of one to ten, or one is low, and ten is a high price, I rate the pricing a nine out of ten."
  • "Looking at the value it gives, ARIS Process Mining's pricing is fair."
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    Questions from the Community
    Top Answer:The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
    Top Answer:In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions. Also, the transition from on-premises to the cloud can be… more »
    Top Answer:It is very easy to work on the way the ETL happens in ARIS Process Mining.
    Top Answer:Looking at the value it gives, ARIS Process Mining's pricing is fair. However, if you compare the product's price to others, you might possibly find it a little expensive. The licensing fee for ARIS… more »
    Top Answer:Process mining solutions present in the market give the process discovery perspective. ARIS Process Mining is the only product suite that goes beyond the process discovery and analysis part. After… more »
    Ranking
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    2,125
    Comparisons
    1,472
    Reviews
    4
    Average Words per Review
    431
    Rating
    8.0
    Views
    217
    Comparisons
    129
    Reviews
    4
    Average Words per Review
    767
    Rating
    8.8
    Comparisons
    Also Known As
    HFM
    ARIS Process Performance Manager
    Learn More
    Overview
    Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.

    Increasing digital products and services, new business models, challenger brands and competitors emerging virtually overnight—all are forever changing your market. To survive, your company—no matter its size or industry—must rethink your business models and processes. Problem is, with so many players and parts to your enterprise, where should you begin? How can you see where to optimize processes to improve the customer experience or operational efficiency? Should you rethink distribution of resources, or start first with improving processes for a specific region or product?

    Find your answers with ARIS Process Mining at Software AG. With a 360-degree view of your processes, you’ll gain intelligent insights into your processes and their dependencies to find patterns, anomalies and opportunities for improvement. Compare processes in theory to processes as they are in the real world. See if processes execute as designed. This gives you a solid basis for making process improvement decisions. You can evaluate changes before making them to avoid added costs later on—and you can simulate and analyze process scenarios so you know the best way to improve them.

    Sample Customers
    B&B Hotels, Goldwind, Drake & Scull
    AliCorp, Dubai Municipality, Encevo, PSA Groupe - ARIS serves customers across all industries and of every size worldwide. Companies trust ARIS as being named a market leader for Process Mining with more than 30 years of experience in the business process management market, serving users worldwide, from 1 user companies to the Fortune 500.
    Top Industries
    REVIEWERS
    Construction Company22%
    Manufacturing Company22%
    Financial Services Firm11%
    Non Tech Company11%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Manufacturing Company11%
    Financial Services Firm11%
    Retailer5%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Financial Services Firm13%
    Manufacturing Company10%
    Government9%
    Company Size
    REVIEWERS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise69%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise12%
    Large Enterprise66%
    REVIEWERS
    Small Business38%
    Midsize Enterprise25%
    Large Enterprise38%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise15%
    Large Enterprise69%
    Buyer's Guide
    Oracle HFM vs. Software AG ARIS Process Mining
    March 2024
    Find out what your peers are saying about Oracle HFM vs. Software AG ARIS Process Mining and other solutions. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    Oracle HFM is ranked 7th in Business Performance Management with 14 reviews while Software AG ARIS Process Mining is ranked 14th in Business Performance Management with 6 reviews. Oracle HFM is rated 8.0, while Software AG ARIS Process Mining is rated 8.8. The top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". On the other hand, the top reviewer of Software AG ARIS Process Mining writes "An easy-to-use interface with quite good learning center and documentation". Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Microsoft Power BI, whereas Software AG ARIS Process Mining is most compared with Celonis, SAP Signavio Process Intelligence, UiPath Process Mining, Anaplan and Oracle Hyperion. See our Oracle HFM vs. Software AG ARIS Process Mining 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.