Jedox vs Oracle Planning and Budgeting Cloud comparison

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Jedox Logo
1,073 views|795 comparisons
100% willing to recommend
Oracle Logo
2,109 views|1,572 comparisons
94% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Jedox 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.
To learn more, read our detailed Jedox vs. Oracle Planning and Budgeting Cloud Report (Updated: March 2024).
767,995 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 ease of reporting is one of Jedox's most valuable features.""The main strength of Jedox lies in mastering the navigation, especially the Excel add-in.""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 system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning.""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.""We use the tool for performance management and planning.""The ETL function simplifies many tasks.""The solution is very versatile."

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"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts.""The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud.""Beneficial analysis and easy to do management adjustments.""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.""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.""The product has a direct plugin to Microsoft Excel.""The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."

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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.""There is room for improvement in the scalability. It is a very massive tool. It's not easy to just build everything yourself.""Jedox should improve the design and server issues.""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 solution should enable a modern look and feel in the front end.""There is not much training for Jedox.""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.""I don't find it particularly user-friendly."

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"The tool's interface is outdated. However, OneStream is easier to navigate.""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.""Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating.""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.""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.""One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective.""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."

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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 →

  • "The price of Oracle Planning and Budgeting Cloud is expensive. However, it solves a lot of issues at the company. Having a better price could make us think about using more cloud products for Oracle and increase usage."
  • "The solution is free."
  • "There is an annual subscription for this solution and it is priced high."
  • More Oracle Planning and Budgeting Cloud 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:There is an annual subscription for this solution and it is priced high.
    Top Answer:The tool's interface is outdated. However, OneStream is easier to navigate.
    Top Answer:As a company grows and expands into multiple regions with different currencies, the level of complexity increases. At that point, Oracle Planning and Budgeting Cloud becomes a better solution. Based… more »
    Ranking
    Views
    1,073
    Comparisons
    795
    Reviews
    11
    Average Words per Review
    521
    Rating
    8.2
    Views
    2,109
    Comparisons
    1,572
    Reviews
    5
    Average Words per Review
    407
    Rating
    9.2
    Comparisons
    Also Known As
    Jedox EPM
    Oracle PBCS, Oracle Enterprise Business Planning
    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 Planning and Budgeting Cloud Service enables organizations of all sizes to drive accurate, connected plans across your business and be prepared for what's next. Navigate uncertainty with scenario modeling. Leverage built-in best practices and predictive intelligence across finance, line of business, and operations.

    Planning, Budgeting, and Forecasting

    · Create decision-oriented plans: Make better decisions by creating goal-oriented, driver-based plans. Get immediate insight to your performance with interactive dashboards and reports and leverage predictive planning to recommend the best path forward.

    · Connect your business: Connect every part of your business with a plan that is fully integrated across finance, operations, and lines of business. With connected planning, you can immediately analyze the impact of changes across your business.

    · Do freeform modeling at scale: With Oracle Cloud EPM Freeform, model multiple complex financial and operational what-if scenarios with large-scale, freeform ad-hoc modeling. Use predictive planning features to validate assumptions and reduce the risk in your decisions.

    Prepare for anything with Scenario Modeling

    · Apply sophisticated financial intelligence: Leverage financial intelligence and other powerful, built-in features to rapidly model multiple scenarios to quickly deal with change.

    · Support your decisions with Monte Carlo simulations: Use Monte Carlo simulations to determine the likelihood of various scenarios, giving you confidence in your decisions.

    · Align strategy with plans: Understand the impact of strategic decisions across your bottom line, balance sheet, cash flow, and shareholder value before pushing to your operational plan.

    · Optimize capital structure: Model different funding options and understand the impact your strategies will have on your credit rating and capital structure.

    Retain top talent with workforce planning

    · Plan for compensation expenses: Plan compensation-related expenses by employee, job code, or at a level of detail that makes sense for your business using out-of-the-box, driver-based planning.

    · Align finance and HR: Build the workforce you need to execute on your strategic goals. Collaborate more with HR with prebuilt integration to Oracle Cloud Human Capital Management (HCM) and integration with other third-party cloud HCM solutions.

    · Leverage wizard-based planning for ease of use: Maintain complex employee expense calculations, such as benefits, tax expense, and others with easy-to-use planning wizards.

    Plan your capital asset expenses

    · Track the full lifecycle of capital investment: Create cashflow and funding plans for investments and leased assets. Also plan for new capital assets and take advantage of out-of-the-box calculations for depreciation and amortization during the lifespan of the asset.

    · Plan asset-related expenses: Easily model asset-related expenses such as repairs and insurance. Automate processes such as retirements, transfers, and improvements.

    · Plan for intangible assets: Plan for new and existing intangible assets, including amortization and cash flow planning and impairments.

    · Review your capital expenses: Get an overall capital expense spending analysis, including asset summary reports, and actual versus plan variances. See the impact on cash flow, balance sheet, and income statement by asset class and business unit.

    Understand the financial aspects of your projects

    · Model all project types: Use out-of-the-box drivers to plan costs related to both short- and long-term projects. These include internal projects, such as IT, R&D, marketing campaigns, and contract-based projects or projects across more complex project-oriented industries, such as construction, engineering, and professional services.

    · Plan detailed project costs and revenues: Understand the financial impact of your projects. Use drivers that help you plan for individual employee and asset-related costs, as well as expected revenues.

    · Track project performance: Use prebuilt metrics to track project revenue, expenses, and cash flow. Leverage performance indicators such as net present value, payback, and return on investment.

    Plan across all financial statements

    · Optimize your revenue plan: Accurately plan revenue, sales, and gross margin by adding dimensions for specific drivers related to your business.

    · Plan for all expenses: Plan for all of your expenses with prebuilt best-practice expense drivers. Include expenses from workforce and capital planning with prebuilt integration.

    · Analyze the balance sheet: See the full picture by integrating balance sheets fully with income statements and cash flow. Configure for industry-specific requirements.

    · Model your cash flow: Model cash from operations with fully integrated cash flow planning for short, medium, and long-term time horizons.

    Integrated Business Planning and Execution (IBPx)

    · Connect you planning, execution, finance and operations: Transform plans into execution and monitor activity to detect unexpected events using IoT, AI and prescriptive analytics. Simulate and evaluate alternative response to maintain or improve business targets.

    · Reduce decision latency: Leverage real-time planning and execution details to act on negative trends faster and more effectively.

    · Consolidated view across the entire process: Improve your short and long range strategic planning by seamlessly integrating planning and execution in to a single data model.

    Empower finance to become data driven with IPM

    IPM applies data science and machine learning to enable finance professionals to be more data driven, impacting key areas of the business, and take advantage of potential missed opportunities.

    · Improve decisions with predictive planning: Identify and leverage patterns in your financial and operational data to improve accuracy. Run predictions on the latest actuals and factor those into your plans for more timely, objective decisions.

    · Speed up data analysis to take faster action with Insights: Use embedded AI and machine learning (ML) to continually monitor your plans, forecasts, and variances, so you’ll be alerted about any anomalies, biases—as well as hidden correlations. Relevant insights now come straight to you, empowering you to take the right action in time.

    Sample Customers
    BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
    Australian Finance Group Ltd., Daelim Industrial Co. Ltd., TBS Group, Delaware Life Insurance, Shelf Drilling Ltd., Abu Dhabi Department of Finance, Fugro Norway AS, Drake & Scull International PJSC (DSI), Racepoint Global, Edgewater Technology Inc., King Abdulaziz City for Science and Technology, Communications Test Design Inc.
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company18%
    Retailer11%
    Comms Service Provider7%
    Financial Services Firm7%
    REVIEWERS
    Energy/Utilities Company17%
    Retailer17%
    Manufacturing Company17%
    Insurance Company8%
    VISITORS READING REVIEWS
    Financial Services Firm12%
    Computer Software Company10%
    Energy/Utilities Company8%
    Healthcare Company7%
    Company Size
    REVIEWERS
    Small Business46%
    Midsize Enterprise23%
    Large Enterprise31%
    VISITORS READING REVIEWS
    Small Business27%
    Midsize Enterprise15%
    Large Enterprise58%
    REVIEWERS
    Small Business11%
    Midsize Enterprise22%
    Large Enterprise67%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise15%
    Large Enterprise65%
    Buyer's Guide
    Jedox vs. Oracle Planning and Budgeting Cloud
    March 2024
    Find out what your peers are saying about Jedox vs. Oracle Planning and Budgeting Cloud and other solutions. Updated: March 2024.
    767,995 professionals have used our research since 2012.

    Jedox is ranked 4th in Business Performance Management with 13 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 16 reviews. Jedox is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. 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 Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". Jedox is most compared with IBM Planning Analytics, Microsoft Power BI, Tableau and Anaplan, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and Vena. See our Jedox vs. Oracle Planning and Budgeting Cloud 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.