Microsoft Power BI vs Oracle HFM comparison

"I like that I can use Power BI to upload data. That is very important for me. The visualization is also convenient and easy to use."

"The solution integrates with other Microsoft solutions very well."

"It is easy to use. It has got a desktop where people can develop their own dashboards. Basically, we have figured out how to connect finance contracts and all programs for the government agency. So, they can see everything in a dashboard. So, it is very easy to use from a technical standpoint of view."

"What Power BI is, is a whole collection of templates of small amounts of data that can be used to do something for a real world project, that can be easily set up and become the business intelligence environment or a data warehouse for a large amount of data, for a real world customer. That's what is remarkable."

"The most valuable features are the easy creation of reports, dashboards, and the ability to perform analysis. It is important for us to create reports because we have some operations during certain hours and we can use this tool to track the information."

"One of the most valuable features of Power BI is the ease of use. It is comfortable and there is not a steep learning curve for this solution. If you have some idea of the data and basic visualization ideas, you can use this solution comfortably."

"The solution is very intuitive, you do not need to have too much programming knowledge to use it. Advanced Excel users can use it very easily."

"What's most valuable in this tool is that it gives its users detailed error messages. It's a very stable data analytics tool, and it offers good scalability."

"The tool is stable."

"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."

"Financial consolidation and reporting tool with good built-in features such as currency exchange and elimination."

"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."

"Stability-wise, I rate the solution a ten out of ten."

"It is a very user-friendly software."

"The most valuable features are around consolidations, eliminations, conversions."

"Maybe they can enhance the UI a bit. Right now, it's very basic, I would say, compared to the MicroStrategy or Qlik."

"I have found using Microsoft BI is not easy. For example, trying to use the auto-refresh feature is not simple."

"Microsoft BI's visualization could be better. Though Power BI's visualization has steadily improved over the years, it's not on the level tools like Tableau and SAS or some of the more expensive products on the market."

"It is too slow. I hope in future it will be a comparable big data tool, such as, for example, Data Lake."

"BI is scalable, but there are some problems with limited online storage."

"Microsoft is behind IBM when it comes to security features."

"SQL Server Reporting Services (SSRS) is not user friendly."

"Not having to login again after a mobile app upgrade. A simple login on mobile would be great."

"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."

"In terms of improvement, one challenge with Oracle HFM is the need for technical knowledge in writing SQL syntax for custom extensions."

"Integration is an area where it lacks and can be improved."

"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."

"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."

"If there could be data integration between HFM and the accounting software that would be ideal."

"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 intercompany reporting function in this tool needs improvement, particularly being able to run reports in batches, rather than one at a time."

"The cost of this product is very low, at approximately $8 or $9 per month for a developer."

"I very much recommend the free trial mode."

"I would rate them 4 out of 5 for their current pricing. There are no additional costs to the standard licensing fees."

"We have a premium Power BI license in-house that's quite an expensive license. It's $10 a month for four users and then I think 35,000 at the premium rate."

"We're charged a monthly subscription fee of 500 rupees per person."

"It is free."

"Power BI is subscription-based, and you have three options. The Pro edition, which is the standard one, is about $9 per user. The Premium edition, which provides AI and cloud capabilities but at a limited size, is for small to medium enterprises. It is about $20 per user. For large enterprises, such as manufacturing facilities, there is an option for the capacity. The capacity subscription is about $4,000 per capacity level. They also have an option for the on-premises version, but it is not common to see someone going for the on-premises version. The on-premises version requires a specific license that is attached to SQL Server. I believe it is about $17,000, but I'm not sure about it."

"The Report Server is pretty expensive on-premise. But as long companies are happy to use the cloud version, that's very cost effective."

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