We performed a comparison between Oracle Enterprise Performance Management Cloud and Oracle Planning and Budgeting Cloud based on real PeerSpot user reviews.
Find out in this report how the two Financial Performance and Strategy Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."The initial setup is pretty straightforward."
"The solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management."
"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 most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"Beneficial analysis and easy to do management adjustments."
"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."
"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."
"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."
"On the cloud, additional security is required."
"Integration of AI, IoT, and RPA-based automation and prediction features with the solution will be a great plus. Oracle is continuously investing efforts in this direction and new features are being released on a continuous basis."
"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."
"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."
"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."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"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."
"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."
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Oracle Enterprise Performance Management Cloud is ranked 4th in Financial Performance and Strategy Management with 2 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Financial Performance and Strategy Management with 16 reviews. Oracle Enterprise Performance Management Cloud is rated 9.0, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of Oracle Enterprise Performance Management Cloud writes "Straightforward to set up with good security and good design". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". Oracle Enterprise Performance Management Cloud is most compared with SAP Business Planning and Consolidation, BlackLine, Workiva Wdesk, CCH Tagetik and Longview Analytics, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and IBM Cognos. See our Oracle Enterprise Performance Management Cloud vs. Oracle Planning and Budgeting Cloud report.
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