IBM Cognos Controller vs Oracle Enterprise Performance Management Cloud comparison

IBM Cognos Controller vs. Oracle Enterprise Performance Management Cloud

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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

9th

Average Rating

7.6

Number of Reviews

Ranking in other categories

No ranking in other categories

Oracle Enterprise Performan...

Ranking in Financial Close Software

8th

Average Rating

7.8

Reviews Sentiment

6.4

Number of Reviews

Ranking in other categories

Financial Performance and Strategy Management (3rd), Tax Management Software (4th)

Mindshare comparison

As of January 2026, in the Financial Close Software category, the mindshare of IBM Cognos Controller is 3.3%, up from 1.7% compared to the previous year. The mindshare of Oracle Enterprise Performance Management Cloud is 5.2%, up from 4.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Financial Close Software Market Share Distribution
Product	Market Share (%)
Oracle Enterprise Performance Management Cloud	5.2%
IBM Cognos Controller	3.3%
Other	91.5%

Financial Close Software

Featured Reviews

Pauli Leppänen

Group Controller at Eleda Group

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.

Read full review

Thanh_Nguyen

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.

Read full review

Quotes from Members

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

Pros

"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."

"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 solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management."

"The initial setup is pretty straightforward."

Cons

"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."

"IFRS 16 functionality is something that is not embedded in IBM Cognos Controller."

"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

Financial Services Firm

28%

Manufacturing Company

Government

Comms Service Provider

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

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.

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...

What is your primary use case for IBM Cognos Controller?

I use the solution for reporting and group consolidation.

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...

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Product Reports

Financial Close Software

Download IBM Cognos Controller product report

Oracle Enterprise Performance Management Cloud

Download Oracle Enterprise Performance Management Cloud product report

Oracle Enterprise Performance Management Cloud 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

IBM Cognos Controller vs. Oracle Enterprise Performance Management Cloud