We performed a comparison between IBM Cognos and Oracle Planning and Budgeting Cloud based on real PeerSpot user reviews.
Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools."The basic platform comes with several meta-modelling tools."
"IBM Cognos offers tools so that you can design and develop your own test queries and reporting solutions."
"Stability-wise, I rate the solution a ten out of ten."
"The correlation analysis is excellent. It's one of the best that I have used to date."
"The most valuable features of IBM Cognos are governance and enterprise reporting."
"It has a very powerful edit feature which allows users to back out of changes (undo) without forcing them to recreate entire reports."
"We use the account statement report. When you use an account in HSBC, you receive various types of accounts, such as the stock market, fixed accounts, credit cards, and business accounts. We can create one consolidated report called CCS support, which includes all these accounts. In that statement, we are consolidating all those accounts."
"This solution allows you to input a wide range of file formats."
"The tool improves the organizational budgeting process in several ways. One significant aspect is the extensionable functionality it offers. To illustrate, consider a scenario where a company has factories in Mexico producing Volkswagen and Kentucky producing Ford."
"The most valuable features of Oracle Planning and Budgeting Cloud are the many capabilities it provides."
"The most valuable feature is the data integration in Oracle Planning and Budgeting Cloud."
"We previously used Oracle EDS, and when comparing it to this solution, this solution has a much better interface. There are lots of advantages of the new solutions. Having it on the cloud, we are able to forget about keeping them updated or taking care of the database. We have minimal maintenance."
"The most valuable feature of Oracle Planning and Budgeting Cloud is ad hoc reporting."
"The product has a direct plugin to Microsoft Excel."
"Beneficial analysis and easy to do management adjustments."
"The workforce, the cube database, is the most valuable feature where you do planning for your headcounts."
"I would like for the platform to become more standard. If we make a development on our report and our dashboard, it will not be used in another solution. That means there is no portability for the developers."
"They were lacking in the initial phases of development in the area of big data, and they still need to improve that aspect of the product."
"We need more predictive analytical functions, not only diagnostic or decryptic analytics."
"There are a lot of limitations with the out-of-the-box tool."
"The visualization aspect needs to be improved and I believe, this is being resolved in upcoming versions."
"Chart quality: many other competitors have charts and graphics that look much better and that provide dynamic effects. Cognos doesn't."
"There are many problems with the product's stability part, making it an area where improvements are required."
"The charts and graphics are weak."
"Oracle Planning and Budgeting Cloud could improve by having better integration with some other modules that we would add to this solution."
"The tool's interface is outdated. However, OneStream is easier to navigate."
"One potential improvement would be a more visual workflow, as the current method using a tax list is not as effective."
"Some of the things in this product are just too cumbersome and we don't need them and they make it harder to do certain things, or certain things have to have more specific names or descriptions."
"Oracle Planning and Budgeting Cloud could improve. There are times when the forms are slow in saving and calculating."
"The FR recording studio that is used to build reports is clunky and awful to use. This could be improved a lot. The solution does have problems and limitations."
"There is middleware that we need to purchase for our use case that should be provided in Oracle Planning and Budgeting Cloud. We should not have to purchase the additional solution and the integration should be seamless."
"For HR, the workforce planning out of the box is complicated. For most users, it's not easy, and it requires a learning curve. It's not very user-friendly. It can be improved."
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IBM Cognos is ranked 7th in BI (Business Intelligence) Tools with 132 reviews while Oracle Planning and Budgeting Cloud is ranked 3rd in Business Performance Management with 16 reviews. IBM Cognos is rated 8.0, while Oracle Planning and Budgeting Cloud is rated 8.2. The top reviewer of IBM Cognos writes "Improved the quality of our KPIs, while reducing calls to the IT department". On the other hand, the top reviewer of Oracle Planning and Budgeting Cloud writes "Eliminates the need for users to sift through irrelevant options". IBM Cognos is most compared with Microsoft Power BI, Oracle OBIEE, Tableau, SAP BusinessObjects Business Intelligence Platform and Oracle Hyperion, whereas Oracle Planning and Budgeting Cloud is most compared with Oracle HFM, Anaplan, Oracle Hyperion, IBM Planning Analytics and CCH Tagetik.
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