Oracle Planning and Budgeting Cloud Other Advice

AndyJorgensen - PeerSpot reviewer
Chief Revenue Officer at a computer software company with 51-200 employees

Every company is unique, with different growth strategies and trajectories. Some companies focus on acquisitions to grow rapidly, while others prefer organic growth, expanding into new markets gradually. It depends on the company's specific growth goals and how they plan to achieve them. For example, a company aiming to grow from $100 million to $1 billion in revenue in two years will require different strategies than one aiming to increase from $100 million to $200 million in the next year.

I rate the product a nine out of ten.  

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Julia Lupidii - PeerSpot reviewer
Senior EPM Consultant at Solution BI France

Overall, I would rate Oracle Planning and Budgeting Cloud as an eight out of ten. I would definitely recommend it to others.

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SH
General Manager IT at Chase Up

I would recommend this solution to others.

I rate Oracle Planning and Budgeting Cloud ten out of ten.

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Buyer's Guide
Business Performance Management
March 2024
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MM
Functional Hyperion Administrator at a non-profit with 10,001+ employees

My advice to others would be for them to hire consultants, but for day-to-day operations, such as use and maintenance, anyone can be trained on it. Don't assume you need to buy the skillset, I came in knowing nothing about the solution and now I know everything about it. I haven't had any formal administrator training.

I rate Oracle Planning and Budgeting Cloud an eight out of ten.

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RA
Regional Systems Manager (CIO) at a retailer with 5,001-10,000 employees

We're were amazed at the ease Oracle Planning and Budgeting Cloud was to implement and how good the design was. The integration with other Oracle products is very good. We highly recommend using this solution as a cloud product.

I rate Oracle Planning and Budgeting Cloud an eight out of ten.

There is always a chance to improve a product.

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RG
EPM/BI certified Consultant, Oracle ACE and TeraCorp Consulting CEO at TeraCorp Consulting

Because Oracle products are development frameworks, your final results are as good as the people who implemented them. Make sure that your implementation team is the best it could be, at least for the first implementation. If something is implemented incorrectly at the start, it'll cost you a lot more to fix than to build a new system from scratch. Sometimes it can be so badly designed that it is impossible to fix.

I've been working on implementation for 20 years and I have seen bad implementations everywhere. In fact, I have seen the same tools implemented in the same team by two different people, with one being a success and the other a failure. In the same company, one department says that the tool does not work for them and another says that the tool is the best. The only difference was the implementer. Make sure you get a good team to implement it. The tool has its flaws but most of time (99%), it is the implementer's fault that you have a bad or slow model.

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GK
BI Analytics and Systems at a manufacturing company with 1,001-5,000 employees

I would rate this solution 8 out of 10.

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JM
Hyperion Lead and Reporting Manager at a energy/utilities company with 201-500 employees

We're just a customer and an end-user.

The solution, being a cloud deployment, is always on the latest version.

The best advice would be to sit down and really talk about what the end goal is of what you want it to look like. Sometimes in sales meetings, you're told it can do certain things, and it can in fact do those things, however, not in the way you're envisioning it doing. Therefore, just have a clear picture of how long they're going to take or what that's really going to entail. When you're implementing it, you might need to actually consider a few different approaches than maybe the way you need it to look. It'll do it, just not the way you want it to.

I'd rate the solution at an eight out of ten.

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MG
Hyperion Suite Manager at a construction company with 10,001+ employees

I rate Oracle Planning and Budgeting Cloud an eight out of ten.

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it_user486528 - PeerSpot reviewer
Manager, Finance IT Systems at a pharma/biotech company with 1,001-5,000 employees

While it’s definitely the market leader for HFM, I’m not sure I would say the same for Planning because the architecture could be more advanced. I would look at the competitors, but I do like Planning, and I would rate it a seven out of ten.

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it_user435993 - PeerSpot reviewer
Project Lead at a tech services company with 501-1,000 employees

If you're a net new client, talk to your peers who are in the same industry. Have they deployed the Hyperion solution? What kind of deployment option was there? Was it an on-premise, or was it cloud? Talk to them, and then get in touch with your vendors. Get in touch with your Oracle representative. Work with them. They will help you, because they in turn are trying to help ourselves. We all are.

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it_user486591 - PeerSpot reviewer
Project Specialist at a healthcare company with 1,001-5,000 employees

I don’t like this version, but it might get better. I think our company should have gone with an Excel based tool. I would rate it a five out of ten.

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it_user486573 - PeerSpot reviewer
Senior Essbase/Planning Developer at a tech services company with 10,001+ employees

This is the best product I have ever used in my life and I would rate it a ten out of ten.

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NH
Oracle Techno Sales consultant at a tech services company with 201-500 employees

I rate Oracle Budgeting and Planning Cloud 11 out of 10. I recommend it. It's a nice and robust tool.

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it_user288366 - PeerSpot reviewer
CEO at PROMATIS Group

Think thoroughly the future planning process before implementing the product.

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it_user486510 - PeerSpot reviewer
Techincal Data Architect at a insurance company with 1,001-5,000 employees

I would give Planning a seven out of ten. We have used other Planning applications, and this one is the best. However, it’s not quite the level I need.

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Buyer's Guide
Business Performance Management
March 2024
Find out what your peers are saying about Oracle, Workday, SAP and others in Business Performance Management. Updated: March 2024.
767,667 professionals have used our research since 2012.