Board vs Oracle HFM comparison

Board International and Oracle are both solutions in the Business Performance Management category. Board International is ranked #8 with an average rating of 8.3, while Oracle is ranked #5 with an average rating of 8.5. Board International holds a 6.7% mindshare in BPM, compared to Oracle’s 8.0% mindshare. Additionally, 94% of Board International users are willing to recommend the solution, compared to 100% of Oracle users who would recommend it.

Board

Read 37 Board reviews

1,748 Views
1,066 Comparison Views

94% willing to recommend

Oracle HFM

Read 15 Oracle HFM reviews

1,770 Views
1,505 Comparison Views

100% willing to recommend

Board

Oracle HFM

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Executive SummaryUpdated on Dec 19, 2024

Board and Oracle HFM are financial software solutions, each having its strengths. Board excels in pricing and support, while Oracle HFM justifies its cost with robust features.

Features: Board offers integration and customizable dashboards, flexibility for varied business needs, and allows multidimensional analysis and data normalization from different sources. Oracle HFM provides extensive financial management and compliance capabilities, supports multi-currency translations, and handles complex ownership calculations.

Room for Improvement: Board could improve in handling complex consolidations, standardizing currency exchanges, and enhancing user interface customization. Oracle HFM would benefit from a more straightforward deployment process, streamlined integration with non-Oracle systems, and additional flexibility in configuration settings.

Ease of Deployment and Customer Service: Board provides a quicker deployment process with excellent support, making it ideal for faster implementations. Oracle HFM requires more time for setup due to its complex functionalities but offers strong customer service for guidance through the process.

Pricing and ROI: Board is more cost-effective, offering enhanced ROI through affordability and efficient performance. Oracle HFM, although initially more expensive, offers long-term value for organizations that need advanced financial management capabilities.

To learn more, read our detailed Board vs. Oracle HFM Report (Updated: July 2025).

Buyer's Guide

Board vs. Oracle HFM

July 2025

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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

Ranking in Business Performance Management

8th

Average Rating

8.6

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (21st), Reporting (18th)

Oracle HFM

Ranking in Business Performance Management

5th

Average Rating

8.2

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of July 2025, in the Business Performance Management category, the mindshare of Board is 6.7%, up from 5.6% compared to the previous year. The mindshare of Oracle HFM is 8.0%, down from 9.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Business Performance Management

Featured Reviews

Wiboon Thabsuwan

Senior Consultant at IMD Company Limited

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.

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AhmedHaridy

Managing Director at Emkan

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.

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Quotes from Members

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

Pros

"We have better reporting and have been able to better track performance."

"The drill down is good for people who have that high level view, because they can do some analysis based on it."

"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."

"Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance."

"The ability to create a data model and have it in testing within a week is fantastic."

"I think the product is good in terms of ease of use."

"It allows people to quickly create dashboards with reports."

"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."

More Board pros

"The most valuable features are around consolidations, eliminations, conversions."

"The tool is stable."

"Stability-wise, I rate the solution a ten out of ten."

"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM."

"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."

"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."

"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."

Cons

"One of the things that I would like to see is the ability to have a rule directly referenced on the cubes."

"One thing that I personally would like to see is additional visualization tools for visuals."

"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."

"It's very powerful, but there is also a big learning curve. It should be a little more intuitive."

"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."

"We have had some challenges with newer version of the rollout in terms of stability."

"The initial setup was very complex for us."

"We would like to see better logging in the procedural world."

More Board cons

"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."

"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."

"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."

"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 intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."

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."

"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."

"In terms of the pricing, it was reasonable. BOARD is not the lowest in the market, but it was reasonable for us."

"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."

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Top Industries

By visitors reading reviews

Computer Software Company

13%

Financial Services Firm

Manufacturing Company

Healthcare Company

Manufacturing Company

13%

Financial Services Firm

11%

Computer Software Company

Healthcare Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

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...

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What do you like most about Board?

All the reports are prepared automatically.

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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.

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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.

See all answers

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 regulatory compliance, reducing risks associated with spreadsheets, and providing a ...

See all answers

What needs improvement with Oracle HFM?

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.

See all answers

Comparisons

Anaplan vs Board

Compared 29% of the time

Pigment vs Board

Compared 13% of the time

Microsoft Power BI vs Board

Compared 10% of the time

Oracle Hyperion vs Board

Compared 8% of the time

Jedox vs Board

Compared 7% of the time

More Board Competitors

Oracle Hyperion vs Oracle HFM

Compared 29% of the time

CCH Tagetik vs Oracle HFM

Compared 23% of the time

Microsoft Power BI vs Oracle HFM

Compared 10% of the time

OneStream XF vs Oracle HFM

Compared 9% of the time

Oracle Planning and Budgeting Cloud vs Oracle HFM

Compared 7% of the time

More Oracle HFM Competitors

Product Reports

Buyer's Guide

Board

July 2025

Download Board product report

Buyer's Guide

Oracle HFM

July 2025

Download Oracle HFM product report

Also Known As

No data available

HFM

Overview

BOARD International - headquartered in Switzerland - is a leading global provider of software for improving business results through better decision making. By unifying Business Intelligence and Corporate Performance Management into a single product, BOARD enables companies to achieve a shared vision of their performance across the entire organization, and thus a single version of the truth.

BOARD provides seamless solutions for • Reporting & Analysis • Budgeting, Planning & Forecasting • Profitability Modelling & Optimization • Simulation & What-if-Analysis • Scorecarding & Strategy Management • Financial Consolidation. Based on visual modelling, BOARD has enabled global companies to deploy BI and CPM applications without a single line of code in a fraction of the time and cost associated with traditional solutions.

Board International

Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.

Oracle

Sample Customers

Coca-Cola, Puma, Desigual, Ricoh, KPMG, H&M, Groupe SEB

B&B Hotels, Goldwind, Drake & Scull

Buyer's Guide

Board vs. Oracle HFM

July 2025

Free Report: Board vs. Oracle HFM

Find out what your peers are saying about Board vs. Oracle HFM and other solutions. Updated: July 2025.

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