Jedox vs Oracle HFM comparison

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Comparison Buyer's Guide
Executive Summary

We performed a comparison between Jedox 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 Jedox vs. Oracle HFM 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
"The Excel interface is designed to retrieve data from the database and send it back, which is a significant advantage.""The ETL itself was pretty useful and it's integrated in the tenant itself. So the Olap service technology was impressive to me. In order to extract that and load it in the tube in the same tenant or the same tool that was something magnificent because I actually missed this in SEB. SEB requires another tool, and you have to integrate all the tools together. But for Jedox, it was in the one tool.""The ETL function simplifies many tasks.""We use the tool for performance management and planning.""The data entry point is most valuable. The way we can customize our report or do data entry is very good.""We can configure and have complete freedom while creating solutions.""The solution is quick with analysis and calculation. The tool offers high digitalization which helps us to run the controlling department with less number of people. If the software wasn't there, I would need two to three people extra to run the department.""The solution is very versatile."

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"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.""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 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
"Visualization is something they need to improve. We have already told them about this, and they should be working on it.""Jedox should improve the design and server issues.""I don't find it particularly user-friendly.""More emphasis is needed on the availability of the learning aspect of the solution. Because unless you take up their course that enables you to be an expert in creating the report, you must seek help.""Online pixel-perfect reporting is an aspect that has room for improvement.""Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there.""The tool has changed its pricing and it's now too expensive for small and medium organizations. I miss the open-source version which was free and we could do a lot of things with it.""The solution needs to improve its support. The visualization in Microsoft BI is more modern and comfortable than Jedox's. I would expect something similar with the solution."

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"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.""If there could be data integration between HFM and the accounting software that would be ideal.""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 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.""The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."

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Pricing and Cost Advice
  • "If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."
  • "We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
  • "Excellent value for money."
  • "The solution's pricing is specific to your requirements."
  • "The product’s pricing will not be suitable for setting up a small solution."
  • "Jedox was a bit cheaper compared to Calumo."
  • More Jedox 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."
  • More Oracle HFM Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The ease of reporting is one of Jedox's most valuable features.
    Top Answer:The solution's pricing is specific to your requirements.
    Top Answer:There is not much training for Jedox. There was no training available in the beginning at all. I had to reach out to them so they would give us something. I think they're getting better, though. The… 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
    1,096
    Comparisons
    826
    Reviews
    11
    Average Words per Review
    521
    Rating
    8.2
    Views
    2,125
    Comparisons
    1,472
    Reviews
    4
    Average Words per Review
    431
    Rating
    8.0
    Comparisons
    IBM Planning Analytics logo
    Compared 25% of the time.
    Microsoft  Power BI logo
    Compared 24% of the time.
    Tableau logo
    Compared 13% of the time.
    Anaplan logo
    Compared 8% of the time.
    Oracle Hyperion logo
    Compared 5% of the time.
    Also Known As
    Jedox EPM
    HFM
    Learn More
    Overview

    Integrated Corporate Performance Management software provides reliable data, insights, and guidance to everyone in your company. Jedox delivers it all: Self-service budgeting, planning, and forecasting combined with intuitive analytics and BI dashboards in one integrated software platform. Users across the enterprise in any department from Finance to Sales, HR, and Procurement create integrated plans and reports based on the same data model and business logic. Integrate financial planning and analysis with operational plans and reporting to optimize processes, boost data quality, and slash planning cycles throughout the organization.

    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
    BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
    B&B Hotels, Goldwind, Drake & Scull
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company18%
    Retailer11%
    Comms Service Provider7%
    Financial Services Firm7%
    REVIEWERS
    Construction Company22%
    Manufacturing Company22%
    Financial Services Firm11%
    Non Tech Company11%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Manufacturing Company11%
    Financial Services Firm11%
    Retailer5%
    Company Size
    REVIEWERS
    Small Business46%
    Midsize Enterprise23%
    Large Enterprise31%
    VISITORS READING REVIEWS
    Small Business27%
    Midsize Enterprise15%
    Large Enterprise57%
    REVIEWERS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise69%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise12%
    Large Enterprise66%
    Buyer's Guide
    Jedox vs. Oracle HFM
    March 2024
    Find out what your peers are saying about Jedox vs. Oracle HFM and other solutions. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    Jedox is ranked 3rd in Business Performance Management with 13 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Jedox is rated 8.0, while Oracle HFM is rated 8.0. The top reviewer of Jedox writes "Powerful BI tool for analyzing financial performance and stable performance". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Jedox is most compared with IBM Planning Analytics, Microsoft Power BI, Tableau, Anaplan and Oracle Hyperion, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Microsoft Power BI. See our Jedox 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.