We performed a comparison between Oracle HFM and UNIT4 prevero based on real PeerSpot user reviews.
Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management."The most valuable features are around consolidations, eliminations, conversions."
"Stability-wise, I rate the solution a ten out of ten."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"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."
"The tool is stable."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"Its workflow is straightforward and simple to understand."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"Integration is an area where it lacks and can be improved."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"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."
"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."
"There is a little bit of reliance upon understanding the syntax of the actions that you want to take. Some of the other competitors have moved forward with that in terms of being able to make it more drag and drop and more logical, but there is still some way to go for UNIT4 in doing that, but they're getting there. With all these things, automation helps. The more they can do to simplify some of the complexities from the financial reporting, evaluation, and analysis sides, the better it would be. I'd like to see more automation and more simplicity from an end-user point of view."
Oracle HFM is ranked 7th in Business Performance Management with 14 reviews while UNIT4 prevero is ranked 21st in Business Performance Management with 1 review. Oracle HFM is rated 8.0, while UNIT4 prevero is rated 0.0. The top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". On the other hand, the top reviewer of UNIT4 prevero writes "Workflow is straightforward and simple to understand, but there should be more automation and more simplicity from an end-user point of view". Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Microsoft Power BI, whereas UNIT4 prevero is most compared with Board.
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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.
