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Board vs IBM Controller vs Oracle HFM comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Mindshare comparison

As of August 2025, in the Business Performance Management category, the mindshare of Board is 6.6%, up from 5.4% compared to the previous year. The mindshare of IBM Controller is 0.3%, down from 0.4% compared to the previous year. The mindshare of Oracle HFM is 7.6%, down from 9.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management
 

Featured Reviews

Wiboon Thabsuwan - PeerSpot reviewer
Easy to use and requires less time to learn or understand its features
I think the product is good in terms of ease of use. The interface looks really nice and very easy to use. Every command appears in the icon. It looks like you don't have to understand everything about the command. You do not necessarily have to know more, or I would say that there is less time for our study about the products. Functionality-wise, it is quite easy to use and requires less time to understand or learn about the product. I am a software vendor, so I do not use the tool myself. I use it for my clients. My clients mostly use it for budgeting and timing purposes. I would say that's really less maintenance at all because they can do everything by themselves. It is good in terms of ease of use.
TL
User support and consolidation capabilities have strengthened financial reporting
We primarily use IBM Controller for the consolidation of all our company results and yearly reporting IBM Controller appeals significantly to our user group led by the Chief Financial Officer and the team under them. The strong user support and capability in consolidation are standout features.…
AhmedHaridy - PeerSpot reviewer
Offers flexibility and ease of configuration
The initial setup of Oracle HFM is generally straightforward and not overly complex. The deployment time for Oracle HFM varies with the resources, but it usually takes around three to eight months, with an average of three to four months. The deployment process for Oracle HFM involves several key steps. It begins with the installation of Oracle software, followed by gathering requirements and relevant documents. These documents help define the report formats and service needs. Next, the team configures the system, starting with the enterprise structure, which needs to align with the ERP system. Data loading and configuration follow, with Oracle HFM typically requiring more resources compared to other systems like SuccessFactors.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"My favourite feature of BOARD is the ability to write back to the OLAP DB, as well as the Rdb, and secure user data allowing databases to be flushed and rebuilt daily."
"What is very valuable is the ability to customize. We didn't see a solution out there that really matched exactly what our functional requirements would be. So we were able to work with New Brain, our integrator, and we were able to build from the ground up what we wanted, and I think that's pretty unique to BOARD."
"With the combination of 24/7 global support and their community, there was great customer service, tech support, and community support."
"It has definitely saved us time, especially in our budget and planning processes."
"All staff can now see their relevant scorecards online."
"It is easy to make quick updates. As the business changes, we can maintain the tool without programming help from IT."
"We can build reports super fast.​"
"The support from the BOARD team and their consultants is great. Whenever I use technical support, they are good."
"IBM Controller appeals significantly to our user group led by the Chief Financial Officer and the team under them."
"The strong user support and capability in consolidation are standout features."
"The tool is stable."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"It is a very user-friendly software."
"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."
"It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a better return on investment based on usage."
"Stability-wise, I rate the solution a ten out of ten."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"The most valuable features are around consolidations, eliminations, conversions."
 

Cons

"Sometimes, the data disappears from the product."
"In terms of scalability, I would say that there are some limitations in the solution. It cannot handle data that is too big."
"We have had some challenges with newer version of the rollout in terms of stability."
"We can't delete entities and cubes in Boards because it interrupts our whole data model."
"​We are looking for ways to distinguish zeros versus nulls in BOARD."
"I would like to see better relationships with the partners."
"Board's integration could be a bit more robust, but what we have works. If the design isn't right, the flexibility of Board can negatively impact performance."
"It needs more export to Excel functionality. Right now, we're having to build within the cloud-based platform, as well as build within the Excel add-in, because the export to Excel is somewhat ugly."
"I am uncertain about the delivery model of IBM Controller and the direction it is headed."
"I am uncertain about the delivery model of IBM Controller and the direction it is headed."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"If there could be data integration between HFM and the accounting software that would be ideal."
"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"Integration is an area where it lacks and can be improved."
"Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better integration with third-party solutions and reporting capabilities."
"The solution has integration challenges. We need a simple tool that is fool-proof for the data that is submitted not only for consolidation purposes but also for performance management and reporting purposes."
"The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible."
 

Pricing and Cost Advice

"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"Find a partner who will take responsibility for the implementation, and be available for support."
"The tool's price is a bit high compared to other solutions."
Information not available
"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
report
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Top Industries

By visitors reading reviews
Computer Software Company
11%
Financial Services Firm
9%
Manufacturing Company
9%
Healthcare Company
7%
No data available
Manufacturing Company
13%
Financial Services Firm
11%
Computer Software Company
8%
Healthcare Company
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

Is Board better than Anaplan as a Business Intelligence (BI) solution?
We've had several FP&A departments include Anaplan in their analytics discussions, and while BI information IS ge...
What do you like most about Board?
All the reports are prepared automatically.
What needs improvement with Board?
Board's integration could be a bit more robust, but what we have works. If the design isn't right, the flexibility of...
What is your experience regarding pricing and costs for IBM Controller?
I haven't provided a definitive opinion on pricing. However, knowing our CFO's cost-conscious nature, the pricing is ...
What needs improvement with IBM Controller?
I am uncertain about the delivery model of IBM Controller and the direction it is headed. While the delivery model in...
What is your primary use case for IBM Controller?
We primarily use IBM Controller for the consolidation of all our company results and yearly reporting.
What do you like most about Oracle HFM?
The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
What is your experience regarding pricing and costs for Oracle HFM?
It depends on the discount offered by Oracle. It is an expensive product but delivers what it promises, ensuring regu...
What needs improvement with Oracle HFM?
Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better i...
 

Comparisons

 

Also Known As

No data available
No data available
HFM
 

Overview

 

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
California Franchise Tax Board, Royal Caribbean Cruises Ltd., Kelsey-Seybold Clinic, Mirle Automation Corp., Radware
B&B Hotels, Goldwind, Drake & Scull
Find out what your peers are saying about Oracle, Anaplan, IBM and others in Business Performance Management. Updated: August 2025.
864,574 professionals have used our research since 2012.