Microsoft Power BI vs Oracle HFM comparison

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Microsoft Logo
34,187 views|29,049 comparisons
92% willing to recommend
Oracle Logo
2,161 views|1,505 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Microsoft Power BI and Oracle HFM based on real PeerSpot user reviews.

Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools.
To learn more, read our detailed BI (Business Intelligence) Tools Report (Updated: April 2024).
767,995 professionals have used our research since 2012.
Featured 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 this solution is real-time report tracking.""The solution is easy to use and charts can be built quickly with the tools.""The interface is very easy to use.""Technical support is quite good.""It's a pretty scalable product.""Two valuable most features are the ability to create columns and create measures.""It provides good visibility.""When we are introducing Microsoft BI to our clients, if they're familiar with Excel, the transition phase will be much easier for them. They can easily switch from Microsoft Excel to Microsoft BI. The core foundation or the base technology is the same in both tools. There are a few limitations in Microsoft Excel, and this is where Microsoft BI comes in."

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"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination.""Stability-wise, I rate the solution a ten out of ten.""The tool is stable.""The most valuable features are around consolidations, eliminations, conversions.""You can bring in data from any source and from multiple sources, and you can consolidate that data in HFM.""The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.""It is a very user-friendly software."

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Cons
"The solution could be quicker at rendering data.""I would like to be able to use more predicting data science features without having to use R.""When there are large amounts of data being processed there are additional tools needed to handle it.""It's not user-friendly; more tutorials, training, and better documentation would be helpful.""Microsoft BI’s integration and visualization could be improved.""There are some connector-related issues in their MSBA solution.""The look and feel should be updated in terms of the types of dashboards and graphs that you can produce. They aren't as visual as some of its competitors.""I think because I'm moving more into RPA, I'd definitely like to see integration across the RPA, Power BI, or Tableau platforms, because that integration could then make automation and mundane reporting much faster."

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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.""In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions.""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.""Integration is an area where it lacks and can be improved.""It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM.""If there could be data integration between HFM and the accounting software that would be ideal.""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
  • "There is room for at least 45% discount as compared to the initial price."
  • "MS BI comes with all the tools and it is, to the best of my knowledge, the most affordable solution."
  • "All in all, for the price, this is an excellent tool for helping your organization turn mounds of data into useful insights."
  • "I would advise that Microsoft BI products are rightly priced and the licensing is easy to follow and to fulfill."
  • "Remove the cost of a licence to show a dashboard within SharePoint. Why should readers of a dashboard have to pay to view? ​"
  • "Make it low in cost. It is a no-brainer!"
  • "Globally, we evaluated a number of products, including Salesforce's product, Microsoft won on the ground of simple functionally and cost."
  • "Paid for itself in the first month."
  • More Microsoft Power BI 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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    Comparison Review
    Anonymous User
    Questions from the Community
    Top Answer:There are many...It would rather depend what System BI architecture or Enterprise legacy you have at your end...I would recommend as follows:  1) If you have legacies of SAP, Oracle  - look for SAP… more »
    Top Answer:Power BI is an advanced visualization tool oriented to big data with a very complete set of widgets to visualize information, control users accessing information, the configuration of governance… more »
    Top Answer:Oracle OBIEE is great in allowing design and creativity per the individual needs of the organization. Dashboards are fully customizable and very user-friendly. This solution is very stable. Oracle… more »
    Top Answer:The most valuable feature is the flexibility and ease of configuration in terms of testing and formula creation.
    Top Answer:In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions. Also, the transition from on-premises to the cloud can be… more »
    Ranking
    Views
    34,187
    Comparisons
    29,049
    Reviews
    23
    Average Words per Review
    553
    Rating
    7.9
    Views
    2,161
    Comparisons
    1,505
    Reviews
    4
    Average Words per Review
    431
    Rating
    8.0
    Comparisons
    Also Known As
    SSRS, SSAS, MSBI, MS Reporting Services, Microsoft BI Tools, Microsoft Big Data, Power BI Pro, MS BI
    HFM
    Learn More
    Overview

    Microsoft Power BI is a powerful tool for data analysis and visualization. This tool stands out for its ability to merge and analyze data from various sources. Widely adopted across different industries and departments, Power BI is instrumental in creating visually appealing dashboards and generating insightful business intelligence reports. Its intuitive interface, robust visualization capabilities, and seamless integration with other Microsoft applications empower users to easily create interactive reports and gain valuable insights.

    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.
    Sample Customers
    Accenture Adidas Aetna AIG Airbus Alibaba Allstate Amazon American Express Aon AT&T Audi Bank of America BASF Bayer Berkshire Hathaway Boeing Coca-Cola Comcast Cisco Coca-Cola Dell Disney Emirates Equinix FedEx Ford GE Google H&M Home Depot Honda IBM Intel JPMorgan Chase Kellogg's Kroger L'Oréal McDonald's Merck MetLife Microsoft Nike Oracle P&G PepsiCo Procter & Gamble Prudential Financial SAP Siemens Snapchat Spotify Starbucks Target Toyota T-Mobile Unilever Visa Walmart WeWork World Bank Xerox
    B&B Hotels, Goldwind, Drake & Scull
    Top Industries
    REVIEWERS
    Financial Services Firm15%
    Manufacturing Company13%
    Computer Software Company11%
    Government9%
    VISITORS READING REVIEWS
    Educational Organization35%
    Financial Services Firm8%
    Computer Software Company8%
    Government5%
    REVIEWERS
    Construction Company22%
    Manufacturing Company22%
    Non Tech Company11%
    Mining And Metals Company11%
    VISITORS READING REVIEWS
    Computer Software Company13%
    Manufacturing Company11%
    Financial Services Firm10%
    Healthcare Company5%
    Company Size
    REVIEWERS
    Small Business39%
    Midsize Enterprise16%
    Large Enterprise45%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise41%
    Large Enterprise45%
    REVIEWERS
    Small Business15%
    Midsize Enterprise15%
    Large Enterprise69%
    VISITORS READING REVIEWS
    Small Business22%
    Midsize Enterprise12%
    Large Enterprise66%
    Buyer's Guide
    BI (Business Intelligence) Tools
    April 2024
    Find out what your peers are saying about Microsoft, Tableau, Oracle and others in BI (Business Intelligence) Tools. Updated: April 2024.
    767,995 professionals have used our research since 2012.

    Microsoft Power BI is ranked 1st in BI (Business Intelligence) Tools with 297 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. Microsoft Power BI is rated 8.0, while Oracle HFM is rated 8.0. The top reviewer of Microsoft Power BI writes "A complete ecosystem with an builtin ETL tool, good integrations with python and R, and support of DAX and Power Query (M languages)". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". Microsoft Power BI is most compared with Tableau, Amazon QuickSight, KNIME, Domo and Oracle OBIEE, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, OneStream XF, CCH Tagetik and Anaplan.

    We monitor all BI (Business Intelligence) Tools 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.