We performed a comparison between IBM Cognos and Oracle HFM based on real PeerSpot user reviews.
Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools."Even while a user is using a cube for reporting, there will not be a situation as ' Cube file locked; unable to build or deploy'."
"Mapbox integration for geospatial analytics down to longitude/latitude layers."
"Cognos' most valuable features are the bundled studios, simple UI, and advanced features like the ability to create data modules."
"It is a stable product."
"The Report Studio that is aimed at professional report writers."
"It's enabled us to report directly from our main application systems. We're removing islands of data and we're removing inefficiencies, where people or small divisions had their own store of information."
"The solution's initial setup process is easy."
"IBM Cognos is an excellent solution for tax, planning, budgeting, profit and loss statements and balance sheets."
"It is a very user-friendly software."
"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"The tool is stable."
"The most valuable features are around consolidations, eliminations, conversions."
"Stability-wise, I rate the solution a ten out of ten."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"IBM Support can be slow at times, but they can usually deliver in a timely manner."
"We would like to see development of the product's UI function, to make it more of a UI tool that can be configured as required."
"The solution's support could be better."
"I think the GIS pieces maybe not as good as we would like."
"It could have more options for themes."
"Tableau and Power BI are faster than Cognos."
"Extending dynamic cubes aggregate awareness with calculated measures."
"There are many problems with the product's stability part, making it an area where improvements are required."
"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."
"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."
"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."
IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. IBM Cognos is rated 8.0, while Oracle HFM is rated 8.0. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, SAP BusinessObjects Business Intelligence Platform and Oracle Hyperion, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Adaptive Insights.
We monitor all BI (Business Intelligence) Tools 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.