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CCH Tagetik 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

CCH Tagetik
Ranking in Financial Close Software
4th
Average Rating
7.8
Reviews Sentiment
6.8
Number of Reviews
7
Ranking in other categories
Business Performance Management (8th)
Oracle Enterprise Performan...
Ranking in Financial Close Software
7th
Average Rating
7.8
Reviews Sentiment
6.4
Number of Reviews
4
Ranking in other categories
Financial Performance and Strategy Management (3rd), Tax Management Software (3rd)
 

Mindshare comparison

As of April 2026, in the Financial Close Software category, the mindshare of CCH Tagetik is 7.4%, up from 6.8% compared to the previous year. The mindshare of Oracle Enterprise Performance Management Cloud is 5.1%, up from 5.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software Mindshare Distribution
ProductMindshare (%)
CCH Tagetik7.4%
Oracle Enterprise Performance Management Cloud5.1%
Other87.5%
Financial Close Software
 

Featured Reviews

KK
CTO at Grupa Wirtualna Polska
Automatic data integration and validation streamline financial reporting
I am an external consultant for an insurance company where CCH Tagetik was implemented instead of Oracle HFM about two years ago. I support preparing data for CCH Tagetik by preparing files, loading data via IPL, and supporting integration from Oracle or any other general ledger that entities use…
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

"APM, which deals with the details of data and has calculation functions included, is very powerful, and accounting and financial departments members like it."
"I appreciate its user-friendliness, especially for business users who may not be very tech-savvy."
"It's user friendly, and it doesn't require code programming, with only the parameters needing to be entered."
"Has an APM, which deals with the details of data and has calculation functions included."
"I've primarily worked with CCH Tagetik as a consultant, handling implementations and not providing day-to-day user support. I initially appreciated the unified platform, the Ownership Structure Register, which benefits certain entities. The workflow feature is great, but it can become overly detailed and lacks clear guidance on design. The solution is good in terms of storage."
"The ability for integration and automatic loading from the Oracle system into CCH Tagetik is very valuable."
"The most valuable feature of CCH Tagetik is form creation."
"The solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management."
"Technical support is okay, and I find the technical support from Oracle to be good."
"The initial setup is pretty straightforward."
"Purchasing this product indeed is a value addition; it's not going to be a bomb, it's not going to add any kind of liability, and it will have quite a positive impact on a company."
"The best features of Oracle Enterprise Performance Management Cloud are that it is customizable, allowing me to filter it really well to know exactly what I want."
 

Cons

"The tool's major drawback is the ETL process, which is not up to par with other solutions."
"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."
"There is a need for improvement in the ability to generate all reports from one click, like both P&L and balance sheets, to be available together in Excel."
"Because of the on-the-fly functionalities, we do see that especially with larger databases, the response times of the reports are under pressure."
"Analytics function is weak. Other products have sum(irate) function and forecasting help function, but Tagetik does not have this clarity."
"We faced difficulties while uploading data."
"Stability issues: Yes there are."
"There is room for improvement, especially on the settings side of the solution."
"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."
"The problem with Oracle Enterprise Performance Management Cloud is that they use Essbase, causing the volume of data to increase rapidly."
"On the cloud, additional security is required."
"On the cloud, additional security is required."
"Oracle Enterprise Performance Management Cloud is definitely pretty old school and not as intuitive or user-friendly."
 

Pricing and Cost Advice

"The solution's pricing is affordable."
"The solution is quite expensive."
"Its licensing covers support and maintenance infrastructure as well."
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Top Industries

By visitors reading reviews
Manufacturing Company
14%
Financial Services Firm
10%
Healthcare Company
8%
Computer Software Company
8%
Financial Services Firm
25%
Manufacturing Company
8%
Comms Service Provider
6%
Government
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business4
Large Enterprise4
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for CCH Tagetik?
I am not informed about pricing, but CCH Tagetik was chosen over HFM due to more comprehensive functionalities related to IFRS 17. For larger companies, pricing might be less important compared to ...
What needs improvement with CCH Tagetik?
There is a need for improvement in the ability to generate all reports from one click, like both P&L and balance sheets, to be available together in Excel. It would also be helpful if the syste...
What is your primary use case for CCH Tagetik?
I am an external consultant for an insurance company where CCH Tagetik was implemented instead of Oracle HFM about two years ago. I support preparing data for CCH Tagetik by preparing files, loadin...
What is your experience regarding pricing and costs for Oracle Enterprise Performance Management Cloud?
I have no information about the pricing for Oracle Enterprise Performance Management Cloud.
What needs improvement with Oracle Enterprise Performance Management Cloud?
The learning curve in the beginning is a little difficult, but then it becomes easier. For a new user, it might be challenging, which I do not prefer. However, once you know the system, it can be r...
What is your primary use case for Oracle Enterprise Performance Management Cloud?
I use Oracle Enterprise Performance Management Cloud to pull financial information, income statement items, volume, and product pricing along with margin data. Oracle Enterprise Performance Managem...
 

Also Known As

Tagetik
Oracle EPM Cloud
 

Overview

 

Sample Customers

Daimler, Randstad, Rabobank, Metro Group
Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
Find out what your peers are saying about CCH Tagetik vs. Oracle Enterprise Performance Management Cloud and other solutions. Updated: March 2026.
885,444 professionals have used our research since 2012.