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Board vs Oracle Enterprise Performance Management Cloud 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:
 

Categories and Ranking

Board
Average Rating
8.6
Reviews Sentiment
7.1
Number of Reviews
37
Ranking in other categories
BI (Business Intelligence) Tools (22nd), Business Performance Management (7th), Reporting (17th)
Oracle Enterprise Performan...
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
4
Ranking in other categories
Financial Performance and Strategy Management (4th), Tax Management Software (5th), Financial Close Software (9th)
 

Mindshare comparison

Board and Oracle Enterprise Performance Management Cloud aren’t in the same category and serve different purposes. Board is designed for BI (Business Intelligence) Tools and holds a mindshare of 0.9%, up 0.5% compared to last year.
Oracle Enterprise Performance Management Cloud, on the other hand, focuses on Financial Performance and Strategy Management, holds 6.8% mindshare, down 7.9% since last year.
BI (Business Intelligence) Tools Market Share Distribution
ProductMarket Share (%)
Board0.9%
Microsoft Power BI10.8%
Tableau Enterprise7.6%
Other80.7%
BI (Business Intelligence) Tools
Financial Performance and Strategy Management Market Share Distribution
ProductMarket Share (%)
Oracle Enterprise Performance Management Cloud6.8%
Adaptive Insights9.4%
Oracle Planning and Budgeting Cloud7.9%
Other75.9%
Financial Performance and Strategy Management
 

Featured Reviews

reviewer2645016 - PeerSpot reviewer
Manager, Software Delivery at a financial services firm with 10,001+ employees
Offers flexibility in design and saves time in budgeting and forecasting processes
I find Board to be simple and easy to use. It offers significant flexibility in designing solutions. The system overall is very useful, with many capabilities that provide flexibility. Our budgeting and forecasting processes support around three hundred twenty users who would otherwise rely on Excel, making Board invaluable for saving time.
Thanh_Nguyen - PeerSpot reviewer
Solution Consultant at IERP JSC
Has supported effective budget planning but needs better data management and performance improvements
The problem with Oracle Enterprise Performance Management Cloud is that they use Essbase, causing the volume of data to increase rapidly. My customer has been using it for five years, and the database has increased to two or three terabytes, which is too big. Oracle has a limit on the database for each customer, notifying that the maximum is only three terabytes, requiring me to back it up elsewhere. The use of Essbase results in rapid database growth, which is an issue I think Oracle needs to improve. While the functions in Oracle Enterprise Performance Management Cloud are good, when I create formulas in the dimensions and refresh the data after making new dimensions, elements, or formulas, it takes a long time. I think this performance issue might be due to the large dataset, but since the system is on the cloud, the performance is still poor.

Quotes from Members

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

Pros

"It is very easy to use. It has got what they call a toolkit, which is a no-code development environment. You can develop a whole solution with it because it is a complete platform. There is a lot of online material that can be used as a reference. You can help yourself while developing a solution. There are some prebuilt applications in the platform environment. You can very easily customize and integrate these applications. It also has flexible scaling of machine resources, which is really great."
"I think it's flexible. I chose this solution because, even though it wasn't out-of-the-box, you can customize it, and the long-term growth potential of the software is where I see the value."
"It is useful for self-analysis regarding company data and helps to find areas where we can improve."
"All the reports are prepared automatically."
"The dynamic selections on the screen and details by function are also valuable for inside the data view."
"The reporting part has been very valuable as the capabilities of the tool do not have to change graphs, change how grids are displayed, and can create reports on the fly."
"Where it used to take me three days at the beginning of the year to create the new financial statement, now it is a matter of minutes because all the data is in the system."
"Primary valuable features are its flexibility and versatility and, obviously, functionality goes along with that. Plus, it does that at a small footprint in the file servers, and does it very efficiently."
"The initial setup is pretty straightforward."
"The solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management."
 

Cons

"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."
"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."
"I would like an eLearning platform for BOARD."
"I would like to see better relationships with the partners."
"It would be nice to be able to host your site and actually have BOARD be the driver of your site. So you could have anybody in your organization go to www.myorg.com, for example, and then go through what you allow them to go through. So rather than having to go through the application, to be able to go to actually host it to a website."
"​My analysts have used the technical support. Sometimes they have felt like they did not receive the answer that they needed, or you have to go and upgrade in order to address a problem. ​"
"Some of our users are still using an MS Office add-in for Excel for certain calculations, and when they export from Board, some of the values, some of the totals and column names, are not coming through into Excel."
"If we could upload other data, e.g., pivot tables which can be done in BOARD already, that we have pre-existing and have that data distribute to more complex spreadsheets​, I would like that going forward."
"Integration of AI, IoT, and RPA-based automation and prediction features with the solution will be a great plus. Oracle is continuously investing efforts in this direction and new features are being released on a continuous basis."
"On the cloud, additional security is required."
 

Pricing and Cost Advice

"The tool's price is a bit high compared to other solutions."
"​In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."
"Find a partner who will take responsibility for the implementation, and be available for support."
"It is not the cheapest product on earth, but you get so much. It provides good value for money."
"The solution is quite expensive, if it is made cheaper then we can have more clients. I rate it four out of ten."
"Its licensing covers support and maintenance infrastructure as well."
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Top Industries

By visitors reading reviews
Manufacturing Company
11%
Financial Services Firm
9%
Computer Software Company
9%
Insurance Company
8%
Financial Services Firm
26%
Government
10%
Manufacturing Company
9%
Insurance Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business13
Midsize Enterprise12
Large Enterprise8
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 generated, the focus is generally on compiling input from various sources and simu...
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 Board can negatively impact performance.
What needs improvement with Oracle Enterprise Performance Management Cloud?
The problem with Oracle Enterprise Performance Management Cloud is that they use Essbase, causing the volume of data to increase rapidly. My customer has been using it for five years, and the datab...
What is your primary use case for Oracle Enterprise Performance Management Cloud?
We implement Oracle Enterprise Performance Management Cloud for Vietnam Airline, based on the introduction from Oracle Vietnam. This solution makes a plan for the airline regarding flights, taking ...
What advice do you have for others considering Oracle Enterprise Performance Management Cloud?
Regarding the pricing of Oracle Enterprise Performance Management Cloud, I find it not reasonable for Vietnam Airline because it has become too high. Over the last two years, Oracle changed their p...
 

Also Known As

No data available
Oracle EPM Cloud
 

Overview

 

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB
Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
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