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IBM Cognos Controller vs Oracle Enterprise Performance Management Cloud comparison

IBM and Oracle are both solutions in the Financial Close Software category. IBM is ranked #11 with an average rating of 8.0, while Oracle is ranked #7 with an average rating of 9.0. IBM holds a 2.0% mindshare in FCS, compared to Oracle’s 5.5% mindshare. Additionally, 100% of IBM users are willing to recommend the solution, compared to 100% of Oracle users who would recommend it.
IBM Cognos Controller
Read 2 IBM Cognos Controller reviews
  • 198 Views
  • 86 Comparison Views
100% willing to recommend
Oracle Enterprise Performan...
Read 2 Oracle Enterprise Performance Management Cloud reviews
  • 469 Views
  • 260 Comparison Views
100% willing to recommend
 

Comparison Buyer's Guide

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Executive Summary
We performed a comparison between IBM Cognos Controller and Oracle Enterprise Performance Management Cloud based on real PeerSpot user reviews.

Find out in this report how the two Financial Close Software solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

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To learn more, read our detailed IBM Cognos Controller vs. Oracle Enterprise Performance Management Cloud Report (Updated: April 2025).
Buyer's Guide
IBM Cognos Controller vs. Oracle Enterprise Performance Management Cloud
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

IBM Cognos Controller
Ranking in Financial Close Software
11th
Average Rating
7.6
Number of Reviews
2
Ranking in other categories
No ranking in other categories
Oracle Enterprise Performan...
Ranking in Financial Close Software
7th
Average Rating
9.0
Reviews Sentiment
6.4
Number of Reviews
2
Ranking in other categories
Financial Performance and Strategy Management (4th), Tax Management Software (4th)
 

Mindshare comparison

As of May 2025, in the Financial Close Software category, the mindshare of IBM Cognos Controller is 2.0%, up from 1.4% compared to the previous year. The mindshare of Oracle Enterprise Performance Management Cloud is 5.5%, up from 4.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software
 

Featured Reviews

Pauli Leppänen - PeerSpot reviewer
A tool useful for areas like reporting and group consolidation
Scalability-wise, I rate the solution an eight out of ten. My company hasn't faced any issues regarding scalability, which we can't overcome. Regarding the scalability, there is some work required in the product. A user should also have some knowledge to be able to operate the tool's scalability feature. Sometimes, my company has to contact our support partner to figure out how to do certain things in the product. So far, my company hasn't encountered any issues with the tool where we have to deal with volumes even though we have to deal with a lot of leasing contracts, like over 2,000. My company expects the product to offer more scalability. My company has around 70 licenses.
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Sandeep-Banavali - PeerSpot reviewer
Provides all essential features needed in an integrated Enterprise Performance Management framework
The solution's initial setup/configuration is straightforward. As far as cloud setup is concerned, no installation is involved. In that case, the solution is maintained and hosted by Oracle. The time frame for deployment depends on the use cases. It is rapidly deployable for out-of-the-box features and customizable for any further changes/enhancements needed. It takes anywhere between six to ten weeks to deploy for standard requirements.
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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

"If there's already a scheduled report and we want a subset of that report, that can also be created. So we do not have to schedule a new report or create a new subscription for that. At this rate, we can create a subset out of one report itself."
"The most valuable feature of the solution stems from the fact that it is a properly working solution... The functionalities and package offered by the product seem to be the right fit for our company."
"The solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management."
"The initial setup is pretty straightforward."
 

Cons

"IFRS 16 functionality is something that is not embedded in IBM Cognos Controller."
"IBM should work on a little flexibility and user-friendliness, in the current interface. It looks very rigid and hard to read. We need to give flexibility to the user in the current situation."
"On the cloud, additional security is required."
"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."
 

Pricing and Cost Advice

"The product is expensive, but compared to its other alternatives in the market, I feel that IBM Cognos Controller is a reasonably priced tool."
"Its licensing covers support and maintenance infrastructure as well."
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Top Industries

By visitors reading reviews
No data available
Educational Organization
44%
Financial Services Firm
9%
Retailer
6%
Computer Software Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What do you like most about IBM Cognos Controller?
The most valuable feature of the solution stems from the fact that it is a properly working solution... The functionalities and package offered by the product seem to be the right fit for our company.
See all answers
What needs improvement with IBM Cognos Controller?
IFRS 16 functionality is something that is not embedded in IBM Cognos Controller. My company uses a good built-in functionality in the tool, which was made by our support partner. IBM Cognos Contro...
See all answers
What is your primary use case for IBM Cognos Controller?
I use the solution for reporting and group consolidation.
See all answers
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Comparisons

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Compared 47% of the time
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Compared 40% of the time
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Compared 24% of the time
SAP Business Planning and Consolidation vs Oracle Enterprise Performance Management Cloud Logo
SAP Business Planning and Consolidation vs Oracle Enterprise Performance Management Cloud
Compared 20% of the time
Cadency by Trintech vs Oracle Enterprise Performance Management Cloud Logo
Cadency by Trintech vs Oracle Enterprise Performance Management Cloud
Compared 16% of the time
More Oracle Enterprise Performance Management Cloud Competitors
 

Product Reports

Buyer's Guide
Financial Close Software
April 2025
IBM Cognos Controller reportDownload IBM Cognos Controller product report
Buyer's Guide
Financial Performance and Strategy Management
April 2025
Oracle Enterprise Performance Management Cloud reportDownload Oracle Enterprise Performance Management Cloud product report
 

Also Known As

No data available
Oracle EPM Cloud
 

Overview

IBM Cognos Controller supports the close, consolidation and reporting process with the agility and affordability of a cloud-based solution. It enables finance teams to automate and accelerate the financial close with minimal IT support. It also helps finance teams deliver financial results, create informative financial and management reports and provide the chief financial officer (CFO) with an enterprise view of key financial ratios and metrics.

IBM

Gain the agility and insights you need to outperform in any market condition. Oracle Fusion Cloud Enterprise Performance Management (EPM) helps your mid to enterprise level company model and plan across finance, HR, supply chain, and sales, streamline the financial close process, and drive better decisions.

Why Customers Choose Oracle Fusion Cloud EPM:

  • Gain value with the most complete cloud

    Comprehensively address your needs with functional breadth and depth across financial and operational planning, consolidation and close, master data management, and more

  • Use embedded intelligence to make better decisions

    Drive better decisions with scenario modeling and built-in, advanced analytics. AI and machine learning bring you data-driven insights to help you take action faster

  • Plan continuously across your business

    Seamlessly connect data across your entire organization so you can build forecasts and scenarios that update automatically as your bottom line changes.

  • Trust the acknowledged leader in Enterprise Performance Management

    Oracle EPM consistently tops analyst rankings; thousands of customers gain more value from running their EPM processes with Oracle in the cloud.

    • Oracle
     

    Sample Customers

    Emirates National Oil Company
    Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
    Buyer's Guide
    IBM Cognos Controller vs. Oracle Enterprise Performance Management Cloud
    April 2025
    Free Report: IBM Cognos Controller vs. Oracle Enterprise Performance Management Cloud
    Find out what your peers are saying about IBM Cognos Controller vs. Oracle Enterprise Performance Management Cloud and other solutions. Updated: April 2025.
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    We monitor all Financial Close Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.