We performed a comparison between Board and Oracle HFM based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."Instead of taking two people a week each month to perform our internal KPI reporting, the same two people can have it done in a day."
"Our clients have improved a lot in terms of coordination and communication. This has improved their internal performance."
"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."
"The flexibility and the user-experience are the most valuable features of the solution."
"The dynamic selections on the screen and details by function are also valuable for inside the data view."
"The tool seems to have a lot of ways to handle scaling."
"It has definitely saved us time, especially in our budget and planning processes."
"It has a good set of visual elements that you can use and can explain quite well."
"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."
"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."
"Stability-wise, I rate the solution a ten out of ten."
"The tool is stable."
"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."
"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."
"The engine of the Board should be made powerful like the engine of IBM planning which is more powerful in terms of performance. The consolidated finance area also needs improvement."
"We can't delete entities and cubes in Boards because it interrupts our whole data model."
"I'd like to see a more passive report user for enterprise report writers that aren't particularly technical."
"We would like to see better logging in the procedural world."
"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."
"Building similar models entirely from scratch could be made quicker with transfer abilities between databases and capsules."
"We are looking for ways to distinguish zeros versus nulls in BOARD."
"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."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"Integration is an area where it lacks and can be improved."
"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."
Board is ranked 11th in Business Performance Management with 35 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Board is rated 8.6, while Oracle HFM is rated 8.0. The top reviewer of Board writes "A stable solution with good user-experience, easy deployment but needs some improvement with engine ". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Board is most compared with Anaplan, SAP Analytics Cloud, IBM Planning Analytics, Oracle Hyperion and Microsoft Power BI, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Microsoft Power BI. See our Board vs. Oracle HFM report.
See our list of best Business Performance Management vendors.
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