We performed a comparison between CCH Tagetik and Oracle Planning and Budgeting Cloud 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."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."
"The most valuable feature of CCH Tagetik is form creation."
"Has an APM, which deals with the details of data and has calculation functions included."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"Beneficial analysis and easy to do management adjustments."
"The product has a direct plugin to Microsoft Excel."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"Once you do the budget in Oracle ERP, you can upload it, but it's easier to create and manage budgets in the Oracle budgeting tool itself. For example, if you have a shortfall in the budget, it's easier to manage that and the forms, too, especially if you also have Oracle Forms Management. You can get the forms from somewhere and then transform those forms into budget heads."
"We faced difficulties while uploading data."
"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."
"There is room for improvement, especially on the settings side of the solution."
"The tool's major drawback is the ETL process, which is not up to par with other solutions."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
"There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless."
"The tool's interface is outdated. However, OneStream is easier to navigate."
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CCH Tagetik is ranked 13th in Business Performance Management with 6 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 16 reviews. CCH Tagetik is rated 7.6, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of CCH Tagetik writes "User-friendly performance management with intuitive approach". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". CCH Tagetik is most compared with SAP Business Planning and Consolidation, Oracle HFM, Oracle Hyperion, Anaplan and OneStream XF, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and Adaptive Insights. See our CCH Tagetik vs. Oracle Planning and Budgeting Cloud report.
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