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IBM Controller vs Oracle HFM 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

IBM Controller
Ranking in Business Performance Management
16th
Average Rating
8.0
Reviews Sentiment
7.2
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Oracle HFM
Ranking in Business Performance Management
5th
Average Rating
8.0
Reviews Sentiment
6.3
Number of Reviews
17
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of October 2025, in the Business Performance Management category, the mindshare of IBM Controller is 0.8%, up from 0.3% compared to the previous year. The mindshare of Oracle HFM is 6.1%, down from 9.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Business Performance Management Market Share Distribution
ProductMarket Share (%)
Oracle HFM6.1%
IBM Controller0.8%
Other93.1%
Business Performance Management
 

Featured Reviews

TL
User support and consolidation capabilities have strengthened financial reporting
We primarily use IBM Controller for the consolidation of all our company results and yearly reporting IBM Controller appeals significantly to our user group led by the Chief Financial Officer and the team under them. The strong user support and capability in consolidation are standout features.…
Segun Oladele - PeerSpot reviewer
Has supported financial consolidation through accurate reporting and global currency conversion
Oracle HFM is excellent for consolidation and reconciliation. It helps me see the general overview of the business across several locations. The drill-through reporting enhances accuracy in financial analysis. Oracle HFM has a schedule that requires reporting, especially one that ties back to my general ledger. I have to report each line item that comprises that number. It helps me fact-check reported numbers with a schedule. For example, with payables, Oracle HFM allows me to have a list of numbers reported per supplier. This provides comfort that the numbers are not fictitious. Additionally, it has a feature that performs fact-checking from P&L to balance sheet. For instance, if depreciation is reported, it must align with what is in the profit or loss account. These features ensure integrity in the reported numbers and allow for quick error detection while serving as a reconciliation tool. The currency conversion feature provides a global view from entity currency to local currency perspective, enabling value checks in different currencies for the company as a whole. In Nigeria, I report in Naira, and I don't need to report in my parent currency. The entity can report in their currency into Oracle HFM, and the parent company converts to their currency. By inputting budget rates, I can convert to any reporting currency, particularly the parent company currency. This feature saves time, increases speed, and allows the parent company to value its subsidiaries quickly. Regarding data integration capabilities for ensuring data consistency and accuracy, it deserves a high rating. For example, with inventory, if there is an impairment, the reported amount in P&L should match the balance sheet's inventory impairment. This level of checking provides confidence in the accuracy of reported figures.

Quotes from Members

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

Pros

"The strong user support and capability in consolidation are standout features."
"IBM Controller appeals significantly to our user group led by the Chief Financial Officer and the team under them."
"Stability-wise, I rate the solution a ten out of ten."
"It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a better return on investment based on usage."
"The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation."
"There are measurable benefits from using Oracle HFM as it reduces manpower and eliminates work duplication."
"It is a very user-friendly software."
"Oracle HFM is excellent for consolidation and reconciliation; it helps me see the general overview of the business across several locations."
"The most valuable features are around consolidations, eliminations, conversions."
"Oracle HFM's drill-through reporting has enhanced my customers' financial analysis significantly, allowing users to drill down to the base level in each of the dimensions and even further using Smart View for very granular level of general ledger cost centers, making the whole process more effective for their targets and deadlines."
 

Cons

"I am uncertain about the delivery model of IBM Controller and the direction it is headed."
"I am uncertain about the delivery model of IBM Controller and the direction it is headed."
"If there could be data integration between HFM and the accounting software that would be ideal."
"Oracle HFM could be improved or enhanced in handling metadata or the dimensionality."
"In my first experience with Oracle HFM, navigating to input numbers was cumbersome."
"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."
"In my first experience with Oracle HFM, navigating to input numbers was cumbersome."
"Integration is an area where it lacks and can be improved."
"Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better integration with third-party solutions and reporting capabilities."
"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."
 

Pricing and Cost Advice

Information not available
"Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
report
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
11%
Manufacturing Company
11%
Computer Software Company
7%
Retailer
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business3
Midsize Enterprise2
Large Enterprise11
 

Questions from the Community

What is your experience regarding pricing and costs for IBM Controller?
I haven't provided a definitive opinion on pricing. However, knowing our CFO's cost-conscious nature, the pricing is likely very competitive and has never been an issue.
What needs improvement with IBM Controller?
I am uncertain about the delivery model of IBM Controller and the direction it is headed. While the delivery model includes both cloud and on-premises options, it causes confusion. A more straightf...
What is your primary use case for IBM Controller?
We primarily use IBM Controller for the consolidation of all our company results and yearly reporting.
What do you like most about Oracle HFM?
The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
What is your experience regarding pricing and costs for Oracle HFM?
It depends on the discount offered by Oracle. It is an expensive product but delivers what it promises, ensuring regulatory compliance, reducing risks associated with spreadsheets, and providing a ...
What needs improvement with Oracle HFM?
Improvements can be made by possibly different interfaces to modernize it, more automation in scripting, and better integration with third-party solutions and reporting capabilities.
 

Also Known As

No data available
HFM
 

Overview

 

Sample Customers

California Franchise Tax Board, Royal Caribbean Cruises Ltd., Kelsey-Seybold Clinic, Mirle Automation Corp., Radware
B&B Hotels, Goldwind, Drake & Scull
Find out what your peers are saying about Oracle, Anaplan, IBM and others in Business Performance Management. Updated: October 2025.
872,706 professionals have used our research since 2012.