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Jedox vs Oracle HFM comparison

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Featured Review
Buyer's Guide
Jedox vs. Oracle HFM
May 2022
Find out what your peers are saying about Jedox vs. Oracle HFM and other solutions. Updated: May 2022.
609,272 professionals have used our research since 2012.
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The system is quite flexible. Based on our requirements, we create different cubes that can help us to do complete planning.""The data entry point is most valuable. The way we can customize our report or do data entry is very good."

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"You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM.""Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination.""The most valuable features are around consolidations, eliminations, conversions."

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Cons
"Visualization is something they need to improve. We have already told them about this, and they should be working on it.""Being an analytical solution, it should have more visualization options like graphs. When we are putting it, it should have more options. The UI can be made more modernized based on today's market. Sometimes, when we are doing heavy reports or dashboarding, there is a bit of a performance issue because it is pulling up a huge amount of data. That can be improvised by buffer memory and getting some buffer memory feature into it. It is a bit complex because it is a CPM solution. It helps you to get the information based on the different tools that we are using, which is a bit of a complex thing. It is not as easy as Microsoft Power BI. It is also not that easy as an implementation piece. It takes time to convert the business requirement into the proper solutions in the tool, which is time-consuming. It took about eight months to do the complete implementation. We got some training from the partner and the Jedox team, which helped us later on in pulling things forward, but too much learning is required, and too many possibilities are there."

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"The intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time.""It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM.""The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible."

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Pricing and Cost Advice
  • "If you are using SAP, then you will have to take an SAP Connector license. The license across the tool is paying for the people who are using it as an admin or as a normal user. They can work out those costs in a manner that can help. This can also be a point of improvement where they can work out the costing, and the developers have a specific licensing cost. The normal users, who are going to do probably data entry or just going to view the dashboard, can have a separate license cost."
  • "We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly."
  • More Jedox Pricing and Cost Advice →

  • "Oracle Hyperion Financial Management (HFM) uses the named user licensing model. There's different pricing depending on HFM and Essbase planning."
  • More Oracle HFM Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The data entry point is most valuable. The way we can customize our report or do data entry is very good.
    Top Answer:We paid a one-time fee, which included product purchase, licensing, and first-time implementation. We are paying for the maintenance regularly.
    Top Answer:Visualization is something they need to improve. We have already told them about this, and they should be working on it. There should be some dropdown facilities in it like Excel. Whenever somebody… more »
    Top Answer:The most valuable features are around consolidations, eliminations, conversions.
    Top Answer:Oracle HFM uses the named user licensing model. There's different pricing depending on HFM and Essbase planning.
    Top Answer:The complexity is okay. I don't see it as super complex. The solution could have more functionality to make it a little bit more flexible. I think that's one problem with the version we're using. The… more »
    Ranking
    Views
    2,215
    Comparisons
    1,841
    Reviews
    2
    Average Words per Review
    808
    Rating
    7.0
    Views
    1,597
    Comparisons
    1,173
    Reviews
    3
    Average Words per Review
    412
    Rating
    8.7
    Comparisons
    Also Known As
    Jedox EPM
    HFM
    Learn More
    Overview

    Integrated Corporate Performance Management software provides reliable data, insights, and guidance to everyone in your company. Jedox delivers it all: Self-service budgeting, planning, and forecasting combined with intuitive analytics and BI dashboards in one integrated software platform. Users across the enterprise in any department from Finance to Sales, HR, and Procurement create integrated plans and reports based on the same data model and business logic. Integrate financial planning and analysis with operational plans and reporting to optimize processes, boost data quality, and slash planning cycles throughout the organization.

    Oracle Hyperion Financial Management is a financial consolidation and reporting application built with advanced Web technology. It provides financial managers the ability to rapidly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance and deliver confidence in the numbers.
    Offer
    Learn more about Jedox
    Learn more about Oracle HFM
    Sample Customers
    BP, Fiat, Carrefour, Continental, Allianz, Bacardi, McDonald’s, Netafim, Swiss Post, Telstra, Suzuki, Vodafone, University of Western Australia, Unilever
    B&B Hotels, Goldwind, Drake & Scull
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company30%
    Comms Service Provider18%
    Government7%
    Manufacturing Company5%
    VISITORS READING REVIEWS
    Computer Software Company25%
    Comms Service Provider13%
    Financial Services Firm11%
    Manufacturing Company6%
    Company Size
    VISITORS READING REVIEWS
    Small Business19%
    Midsize Enterprise11%
    Large Enterprise69%
    REVIEWERS
    Small Business11%
    Midsize Enterprise11%
    Large Enterprise78%
    VISITORS READING REVIEWS
    Small Business15%
    Midsize Enterprise14%
    Large Enterprise71%
    Buyer's Guide
    Jedox vs. Oracle HFM
    May 2022
    Find out what your peers are saying about Jedox vs. Oracle HFM and other solutions. Updated: May 2022.
    609,272 professionals have used our research since 2012.

    Jedox is ranked 7th in Business Performance Management with 2 reviews while Oracle HFM is ranked 8th in Business Performance Management with 3 reviews. Jedox is rated 7.0, while Oracle HFM is rated 8.6. The top reviewer of Jedox writes "A flexible solution that helps us to do our planning and see the performance, but it needs more visualization options and better performance". On the other hand, the top reviewer of Oracle HFM writes "Consolidation tool that allows you to do eliminations and conversions". Jedox is most compared with Microsoft BI, IBM Planning Analytics, Tableau, Anaplan and Qlik Sense, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Anaplan, CCH Tagetik, OneStream XF and IBM Controller. See our Jedox vs. Oracle HFM report.

    See our list of best Business Performance Management vendors.

    We monitor all Business Performance Management 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.