Oracle Hyperion vs UNIT4 prevero comparison

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3,345 views|2,180 comparisons
86% willing to recommend
UNIT4 Logo
229 views|133 comparisons
0% willing to recommend
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Executive Summary

We performed a comparison between Oracle Hyperion 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.
To learn more, read our detailed Business Performance Management Report (Updated: March 2024).
768,246 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
"Oracle Hyperion has helped make things work faster in our company.""The most valuable features are those associated with modules and SP, IT in this space, planning, HFM, and PME.""We like the reporting and tracking of financials.""This product is very scalable and provides high ROI.""Oracle Hyperion is an engine allowing you to build whatever you want on it.""Functionality-wise, it is what they say it is. It is the best in class, but it all ties back to your users. If your users are completely enamored with Excel spreadsheets, then breaking those habits is hard.""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.""Oracle has an integrated solution for Enterprise Performance Management (EPM) and Hyperion. It keeps the two platforms opened up to each other."

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"Its workflow is straightforward and simple to understand."

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Cons
"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 level of complexity of the implementation is always a challenge.""The analytical side of the product could be better and needs to be improved.""I have a problem with Hyperion when I need to log some changes in the budget. It's hard to know who made which changes in the budget.""Hyperion has much room for improvement, especially disaster recovery. You don't have the option to choose the proper disaster recovery method. We have Hyperion and an SQL server on the backend. We have active solutions for the backend database server, which aren't working for our people. They've asked us to remove the high availability to increase application performance.""I would love more comment capabilities so that you could put in little notes, cheat notes.""The user interface is in need of improvement. The forms should be more user-friendly.""What I like is to have everything on one platform and not in different modules like Oracle Hyperion."

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"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."

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Pricing and Cost Advice
  • "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 →

  • "It's perhaps on the slightly richer side of pricing for the markets that we focus on because we tend to focus on the SME or the small to medium enterprise market, whereas a lot of UNIT4 ERP customers are in local government, universities, etc. Some years ago, they were launching an initiative to be keenly priced for that SME market, but today, the foot has come off the accelerator a bit. It isn't the cheapest, but it is also not the most expensive one."
  • More UNIT4 prevero Pricing and Cost Advice →

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    Questions from the Community
    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.
    Top Answer:Its workflow is straightforward and simple to understand.
    Top Answer:It's perhaps on the slightly richer side of pricing for the markets that we focus on because we tend to focus on the SME or the small to medium enterprise market, whereas a lot of UNIT4 ERP customers… more »
    Top Answer: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… more »
    Ranking
    Views
    3,345
    Comparisons
    2,180
    Reviews
    9
    Average Words per Review
    630
    Rating
    8.0
    Views
    229
    Comparisons
    133
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Hyperion
    prevero, Winterheller
    Learn More
    Overview
    Oracle Business Analytics Suite.
    With statutory reporting requirements changing constantly, Unit4 prevero enables you to effectively ensure compliance, allowing you to make decisions with confidence.
    Sample Customers
    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.
    Amprion GmbH, BKW AG, Bocholter Energie- und Wasserversorgung GmbH, DEW21, DSW 21, Energienetze Mittelrhein GmbH & Co. KG, EWR Netz GmbH, FairEnergie GmbH
    Top Industries
    REVIEWERS
    Manufacturing Company18%
    Retailer15%
    Financial Services Firm12%
    Computer Software Company9%
    VISITORS READING REVIEWS
    Manufacturing Company12%
    Computer Software Company12%
    Financial Services Firm11%
    Retailer6%
    No Data Available
    Company Size
    REVIEWERS
    Small Business28%
    Midsize Enterprise9%
    Large Enterprise62%
    VISITORS READING REVIEWS
    Small Business20%
    Midsize Enterprise12%
    Large Enterprise68%
    No Data Available
    Buyer's Guide
    Business Performance Management
    March 2024
    Find out what your peers are saying about Anaplan, Oracle, Jedox and others in Business Performance Management. Updated: March 2024.
    768,246 professionals have used our research since 2012.

    Oracle Hyperion is ranked 2nd in Business Performance Management with 49 reviews while UNIT4 prevero is ranked 21st in Business Performance Management with 1 review. Oracle Hyperion is rated 8.0, while UNIT4 prevero is rated 0.0. 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". 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 Hyperion is most compared with Tableau, Anaplan, IBM Cognos, Oracle HFM and IBM Planning Analytics, whereas UNIT4 prevero is most compared with Board.

    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.