Board vs Oracle HFM comparison

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Board International Logo
1,538 views|1,041 comparisons
94% willing to recommend
Oracle Logo
2,161 views|1,505 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Board 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.
To learn more, read our detailed Board vs. Oracle HFM Report (Updated: March 2024).
768,857 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
"The aesthetics of it are really nice. That is what attracted us to BOARD: the ease and functionality of it.""BOARD technical support is knowledgeable and helpful.""With the combination of 24/7 global support and their community, there was great customer service, tech support, and community support.""I think it's flexible. I chose this solution because, even though it wasn't out-of-the-box, you can customize it, and the long-term growth potential of the software is where I see the value.""All staff can now see their relevant scorecards online.""We can build reports super fast.​""​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.""By using Board we can do a lot of free analysis. We can change the layout of a table and even the end-user can change the layout of a table. And in Board 11.2 you can save the layout. That's very useful for the customer, it's a very good function."

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"The most valuable features are around consolidations, eliminations, conversions.""You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM.""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 tool is stable.""It is a very user-friendly software.""Stability-wise, I rate the solution a ten out of ten."

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Cons
"The product can be improved by making it possible to know where cubes are used.""It would be nice to have more connectors for other data sources. BOARD is a great tool to become the single source of the truth. Making it easier to connect data sources for niche software tools will make it easier to keep everything in one place.""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.""Sometimes, the data disappears from the product.""It would be huge in the future if BOARD offered a lot more graphs and presentations, and it was a lot easier to use.""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.""It needs more export to Excel functionality. Right now, we're having to build within the cloud-based platform, as well as build within the Excel add-in, because the export to Excel is somewhat ugly.""We can't delete entities and cubes in Boards because it interrupts our whole data model."

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"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM.""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.""Integration is an area where it lacks and can be improved.""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 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."

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Pricing and Cost Advice
  • "Find a partner who will take responsibility for the implementation, and be available for support."
  • "​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."
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  • "Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
  • More Oracle HFM Pricing and Cost Advice →

    report
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    768,857 professionals have used our research since 2012.
    Questions from the Community
    Top Answer: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… more »
    Top Answer:All the reports are prepared automatically.
    Top Answer: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 convenient… more »
    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 »
    Ranking
    Views
    1,538
    Comparisons
    1,041
    Reviews
    3
    Average Words per Review
    470
    Rating
    7.3
    Views
    2,161
    Comparisons
    1,505
    Reviews
    4
    Average Words per Review
    431
    Rating
    8.0
    Comparisons
    Anaplan logo
    Compared 29% of the time.
    SAP Analytics Cloud logo
    Compared 15% of the time.
    IBM Planning Analytics logo
    Compared 8% of the time.
    Oracle Hyperion logo
    Compared 7% of the time.
    Microsoft Power BI logo
    Compared 7% of the time.
    Also Known As
    HFM
    Learn More
    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 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.
    Sample Customers
    Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
    B&B Hotels, Goldwind, Drake & Scull
    Top Industries
    REVIEWERS
    Government20%
    Healthcare Company20%
    Hospitality Company10%
    Pharma/Biotech Company5%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Financial Services Firm10%
    Manufacturing Company8%
    Wholesaler/Distributor7%
    REVIEWERS
    Construction Company22%
    Manufacturing Company22%
    Financial Services Firm11%
    Non Tech Company11%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Manufacturing Company11%
    Financial Services Firm10%
    Healthcare Company5%
    Company Size
    REVIEWERS
    Small Business37%
    Midsize Enterprise40%
    Large Enterprise23%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise16%
    Large Enterprise62%
    REVIEWERS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise69%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise12%
    Large Enterprise66%
    Buyer's Guide
    Board vs. Oracle HFM
    March 2024
    Find out what your peers are saying about Board vs. Oracle HFM and other solutions. Updated: March 2024.
    768,857 professionals have used our research since 2012.

    Board is ranked 11th in Business Performance Management with 35 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Board is rated 8.6, while Oracle HFM is rated 8.0. The top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Board is most compared with Anaplan, SAP Analytics Cloud, IBM Planning Analytics, Oracle Hyperion and Microsoft Power BI, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Microsoft Power BI. See our Board vs. Oracle HFM 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.