Adaptive Insights vs Oracle Hyperion vs Planful comparison

"It's very simple to create a new version and do some more modeling based on your need for planning things like headcount, other expenses, and revenue, everything is configurable within Workday."

"Automated reporting."

"The biggest feature is the source of truth for all of our budget and forecast versions."

"The integration with our payroll system to complete staff modeling during our budget and forecast processes."

"Reports are allowed to be edited for aesthetic purposes, which is lacking in a lot of other dashboard tools."

"The important feature is integration with source data. It connects to various ERP systems, including Workday, Intact, and others. It can also import actuals and compare them to PlanPoint quite easily."

"Forecasting changes that instantly flow through all financial statements."

"It helps develop a more unified work format throughout the company."

"Smart View is a really useful tool because we can have a good API with HFM."

"Oracle Hyperion is an engine allowing you to build whatever you want on it."

"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."

"Oracle Hyperion has helped make things work faster in our company."

"The roll-up potential of the product is very good, meaning we have detailed information and we want it to be summarized, based on geography, based on different product lines, or based on different charts of accounts in the general ledger. It rolls up the information in a very concise way. This makes it easy to understand the overall performance, for it's forecasting aspects, or quarterly reporting, year to year, or month to month reporting."

"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 accuracy of data gathering and consolidation is very good."

"The scalability is good."

"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."

"The upload feature exists, but isn't terribly useful."

"Being able to drill down when using OfficeConnect needs work."

"Users continue to become more advanced and are looking for more advanced solutions."

"The integrations could be simpler. It takes quite a bit of internal and IT know-how to set up."

"Adaptive Insights could improve the data designer interface to make integrations easier to set up."

"The product's configuration process could be faster."

"Better user interface (UI)."

"It's a Workday product; they could do a little bit better to integrate a pure-play integration with Workday, which really doesn't do that."

"The user interface is in need of improvement. The forms should be more user-friendly."

"The pricing model could be more flexible as it's more expensive than its competitors."

"The initial setup of Oracle Hyperion is very difficult."

"All the planning systems out there are great. It doesn't matter which company you use. They're all great. I've seen demonstrations on a number of them, but it all boils down to the culture within the organization itself to use that functionality, understand it, and help drive it. I've had Oracle salespeople do demonstrations, and it looked really good. We get it on board, and everybody still sticks to their Excel spreadsheets because companies are a lot more complex than what you could deliver on the planning system. So, there should be more education on the capabilities, and there should be more understanding of organizations in terms of the way they access the data in order to plan."

"The analytical side of the product could be better and needs to be improved."

"Pricing is a significant concern. After moving to PBCS and EPBCS, the per-user license fees can be reduced, particularly for bulk users."

"We are still having some issues with the ASO Cube. It can take a long time to clear the data in the ASO Cube compared to BSO data-clearing operations. We don't have a specific calculation in the ASO, and we only have these aggregate options on the ASO side. If we need calculations, we have to calculate them in the BSO and pass the data to the ASO Cube for the reporting. That's one of the drawbacks. Oracle could also improve on the data logging side as well."

"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 part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."

"It's affordable."

"Everything is negotiable, but this solution is low cost compared to others."

"Licensing seems to be worth the cost considering the efficiency Adaptive brings."

"Pricing is in line with other cloud-based EPM tools. It is a subscription-based model based upon the number of users and site type if it's an admin or end-user type thing."

"Adaptive Insights' pricing is relative to its peer competitors. It's certainly competitive compared to a spreadsheet template that you build in Excel. It can be expensive if you need to have 100-500 budget holders giving input and building financial plans. However, in that case, it becomes an extremely good bargain. Compared to its competitors, it offers an excellent value."

"Adaptive Insights' pricing is reasonable."

"Prior to purchasing licenses, make sure you understand which users will only need planning and which users will need both planning and OfficeConnect."

"Ensure that you have the proper pricing plan in place."

"Oracle Hyperion is not an inexpensive solution."

"The solution is affordable."

"To get a full license, which gives you access to most of the different Hyperion programs, it costs $2000 to $2500 a month."

"As Oracle's pricing is on the higher end, most businesses prefer to have their own private cloud."

"The licenses cost approximately $1,000."

"We pay for licensing yearly."

"Oracle Hyperion's licensing structures are quite expensive for some companies, especially medium-sized companies because of the user-based license."

"The licensing cost for the on-premises version of the solution is too high."

"Right now, everything is on a three-year term contract, and that is our main cost."