CCH Tagetik vs Oracle Hyperion comparison

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1,000 views|844 comparisons
85% willing to recommend
Oracle Logo
3,345 views|2,180 comparisons
86% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between CCH Tagetik and Oracle Hyperion 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 CCH Tagetik vs. Oracle Hyperion Report (Updated: March 2024).
768,578 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
"Has an APM, which deals with the details of data and has calculation functions included.""The most valuable feature of CCH Tagetik is form creation.""I appreciate its user-friendliness, especially for business users who may not be very tech-savvy.""I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage."

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"We like the reporting and tracking of financials.""Since it is an enterprise-capable solution, people are not worried about security, giving data, the ability to manage complex consolidation, and its ability to modify reporting.""This is a customizable product. Our implementation was designed to fit our needs.""It's very easy to use and the functionality is quite complete.""It is easy to use. It is very intuitive. Even though there is a lot of functionality that comes out of the box, you can customize the solutions to meet your needs. You have the ability to have business rules that produce all kinds of calculations. We're international, and we do all our FX conversions through that.""Scalability is one of this solution's big plus points.""The implementation has been simplified now that it's deployed in the cloud. Also, Hyperion is tightly integrated with Oracle products because Oracle owns it now.""The stability is fine and quite user friendly."

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Cons
"We faced difficulties while uploading data.""There is room for improvement, especially on the settings side of the solution.""Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity.""The tool's major drawback is the ETL process, which is not up to par with other solutions."

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"Configuration is a little complex, it's not very easy. The solution is integrated with Essbase and there are not many users of the Essbase database. If they can provide different modules for each subject area, like supply chain, for inventory forecasting or for order management forecasting, it would make each subject area easier to manage.""There's something known as a data block that Hyperion generates for each and every transaction. Sometimes it does not generate and we need to identify those issues and fix them manually.""The analytical side of the product could be better and needs to be improved.""The level of complexity of the implementation is always a challenge.""There can be an improvement in many regards with the dimensions, the metadata, the interfaces, as well as the integration.""Oracle EPM Cloud solutions have simplified the security model. Nevertheless, it would be better having a more differentiated security model.""The solution is about to cease to exist, so it doesn't really matter if they add anything to it. It's at end-of-life.""I found the initial setup to be complex."

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Pricing and Cost Advice
  • "The solution's pricing is affordable."
  • "The solution is quite expensive."
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  • "As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."
  • "Compared with MSBA, it is quite reasonable."
  • "To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."
  • "We pay for licensing yearly."
  • "Oracle Hyperion is not an inexpensive solution."
  • "The licenses cost approximately $1,000."
  • "The solution is affordable."
  • "Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."
  • More Oracle Hyperion Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure… more »
    Top Answer:The solution's pricing is affordable.
    Top Answer:The tool's major drawback is the ETL process, which is not up to par with other solutions.
    Top Answer:The tool is very scalable and powerful. It helps us with financial reporting and performance reporting. It is a very good tool for consolidation and budgeting. We are dependent on it for reporting.
    Top Answer:Integrating Oracle Hyperion, a multidimensional database, with relational databases poses challenges due to the differing database structures.
    Top Answer:We use the solution for partition planning, HCM, and financial reporting.
    Ranking
    Views
    1,000
    Comparisons
    844
    Reviews
    3
    Average Words per Review
    362
    Rating
    7.0
    Views
    3,345
    Comparisons
    2,180
    Reviews
    9
    Average Words per Review
    630
    Rating
    8.0
    Comparisons
    Also Known As
    Tagetik
    Hyperion
    Learn More
    Wolters Kluwer
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    Overview

    CCH Tagetik goes beyond basic CPM. By aligning financial and operational data in a unified platform, our software ensures you're working with a single version of the truth. The result is faster financial processes and a complete view of your entire organization.

    Oracle Business Analytics Suite.
    Sample Customers
    Daimler, Randstad, Rabobank, Metro Group
    ITNL, Aditya Birla Nuvo Ltd., Zaklady Farmaceutyczne Polpharma S.A., Daelim Industrial Co. Ltd., Barco N.V., SITA, McGregor Fashion Group B.V., PCCW Ltd.
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm13%
    Manufacturing Company13%
    Computer Software Company12%
    Retailer9%
    REVIEWERS
    Manufacturing Company18%
    Retailer15%
    Financial Services Firm12%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Computer Software Company12%
    Manufacturing Company12%
    Financial Services Firm11%
    Retailer6%
    Company Size
    REVIEWERS
    Small Business57%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise9%
    Large Enterprise70%
    REVIEWERS
    Small Business28%
    Midsize Enterprise9%
    Large Enterprise62%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise12%
    Large Enterprise68%
    Buyer's Guide
    CCH Tagetik vs. Oracle Hyperion
    March 2024
    Find out what your peers are saying about CCH Tagetik vs. Oracle Hyperion and other solutions. Updated: March 2024.
    768,578 professionals have used our research since 2012.

    CCH Tagetik is ranked 13th in Business Performance Management with 6 reviews while Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews. CCH Tagetik is rated 7.6, while Oracle Hyperion is rated 8.0. The top reviewer of CCH Tagetik writes "User-friendly performance management with intuitive approach". On the other hand, the top reviewer of Oracle Hyperion writes "A world-class solution that provides a lot of functionality out of the box and also allows you to customize it to meet your needs". CCH Tagetik is most compared with SAP Business Planning and Consolidation, Oracle HFM, Anaplan, IBM Cognos and IBM Planning Analytics, whereas Oracle Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle HFM and Board. See our CCH Tagetik vs. Oracle Hyperion 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.