Board vs Oracle HFM comparison

Board International and Oracle are both solutions in the Business Performance Management category. Board International is ranked #10 with an average rating of 7.7, while Oracle is ranked #7 with an average rating of 8.3. Board International holds a 6.9% mindshare in BPM, compared to Oracle’s 8.2% 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

1,143 Views
792 Comparison Views

94% willing to recommend

Oracle HFM

Read 15 Oracle HFM reviews

1,666 Views
1,165 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: April 2025).

Buyer's Guide

Board vs. Oracle HFM

April 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

10th

Average Rating

8.6

Reviews Sentiment

7.1

Number of Reviews

Ranking in other categories

BI (Business Intelligence) Tools (23rd), Reporting (20th)

Oracle HFM

Ranking in Business Performance Management

7th

Average Rating

8.2

Reviews Sentiment

7.0

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of May 2025, in the Business Performance Management category, the mindshare of Board is 6.9%, up from 5.6% compared to the previous year. The mindshare of Oracle HFM is 8.2%, 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

"The aesthetics of it are really nice. That is what attracted us to BOARD: the ease and functionality of it."

"All staff can now see their relevant scorecards online."

"The flexibility and the user-experience are the most valuable features of the solution."

"The most valuable features are the reporting and the charts. The reporting functionality is handy for aggregation, when it comes to planning. That ability is fascinating and our users are very happy with it. The charts and the reporting allow our users to see all the data and to see how things are going this year or in the COVID situation. They're seeing everything. Instead of having to check data line by line, they're seeing it in a graph and they're seeing it in charts."

"I find Board to be simple and easy to use."

"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."

"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

"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."

"It is a very user-friendly software."

"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."

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

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

"The tool is stable."

Cons

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

"It can have more functionality for narrative reporting. They should also improve their training courses, which are currently very lightweight. When you get into more complex things, it is quite difficult to figure out what you're supposed to do, and you have to look at a lot of videos before you actually understand, which is a bit frustrating. Their training can be more comprehensive."

"Sometimes, the data disappears from the product."

"We are looking for ways to distinguish zeros versus nulls in BOARD."

"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical."

"In terms of scalability, I would say that there are some limitations in the solution. It cannot handle data that is too big."

"The setup was a bit complex."

"The product can be improved by making it possible to know where cubes are used."

More Board cons

"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."

"If there could be data integration between HFM and the accounting software that would be ideal."

"Integration is an area where it lacks and can be improved."

"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."

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

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

"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

"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."

Pricing and Cost Advice

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

"The tool's price is a bit high compared to other solutions."

"Find a partner who will take responsibility for the implementation, and be available for support."

"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."

"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

12%

Manufacturing Company

Insurance Company

Manufacturing Company

11%

Computer Software Company

11%

Financial Services Firm

11%

Retailer

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?

Some of my company's customers are interested to see the predictive analytics part of the tool. Some customers would like to leverage or prioritize predictive analytics as the main feature, but som...

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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 31% of the time

Pigment vs Board

Compared 13% of the time

Microsoft Power BI vs Board

Compared 10% of the time

SAP Analytics Cloud vs Board

Compared 9% of the time

Oracle Hyperion vs Board

Compared 8% of the time

More Board Competitors

Oracle Hyperion vs Oracle HFM

Compared 27% of the time

CCH Tagetik vs Oracle HFM

Compared 23% of the time

Microsoft Power BI vs Oracle HFM

Compared 11% of the time

OneStream XF vs Oracle HFM

Compared 10% of the time

Oracle Planning and Budgeting Cloud vs Oracle HFM

Compared 8% of the time

More Oracle HFM Competitors

Product Reports

Buyer's Guide

Board

April 2025

Download Board product report

Buyer's Guide

Oracle HFM

April 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

April 2025

Free Report: Board vs. Oracle HFM

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

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