We performed a comparison between CCH Tagetik 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 most valuable feature of CCH Tagetik is form creation."
"I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage."
"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."
"Has an APM, which deals with the details of data and has calculation functions included."
"The tool is stable."
"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."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"It is a very user-friendly software."
"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."
"We faced difficulties while uploading data."
"The tool's major drawback is the ETL process, which is not up to par with other solutions."
"There is room for improvement, especially on the settings side of the solution."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"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."
"Integration is an area where it lacks and can be improved."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"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."
CCH Tagetik is ranked 13th in Business Performance Management with 6 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. CCH Tagetik is rated 7.6, while Oracle HFM is rated 8.0. The top reviewer of CCH Tagetik writes "User-friendly performance management with intuitive approach". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". CCH Tagetik is most compared with SAP Business Planning and Consolidation, Oracle Hyperion, Anaplan, IBM Cognos and Board, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, Microsoft Power BI and Anaplan. See our CCH Tagetik vs. Oracle HFM report.
See our list of best Business Performance Management vendors.
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