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."Oracle Hyperion is fairly user-friendly and not too complicated. The forecasting, it's really good. It's sometimes slow when there are a lot of users using it and we can have up to approximately 300 users using it. However, you can do it in Excel because there's an Excel add-in. This is a benefit because a lot of people do this way instead of having to go into the planning application itself."
"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."
"The latest cloud version is more efficient for financial implementations."
"This solution provides a more structured methodology for doing analysis than a tool like Excel. It creates a central database that keeps all information in one place."
"The stability is fine and quite user friendly."
"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."
"It's a very good program and it's useful for consolidation."
"It's basically the same as the other budgeting solutions."
"Its workflow is straightforward and simple to understand."
"I would love more comment capabilities so that you could put in little notes, cheat notes."
"The initial setup of Oracle Hyperion is very difficult."
"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."
"Oracle Hyperion's scalability could be improved."
"The analytical side of the product could be better and needs to be improved."
"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."
"Sometimes Oracle Hyperion is slow when there are a lot of users using it. However, we can have up to approximately 300 users using it."
"The analytics could be improved."
"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 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.
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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.
