We performed a comparison between OneStream XF and Oracle HFM based on real PeerSpot user reviews.
Find out in this report how the two Business Performance Management solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."The product's most valuable feature is extensibility."
"We were with Oracle previously. With Oracle, you have to buy a different piece of software for every business process. If you want to do budgeting, that's a product. If you want to do consolidation, that's a product. If you want to do BI type of work, that's yet another product. So, you end up buying a lot of software from Oracle. With OneStream, it is a little different. It is a platform where you can do all those things, and you can do them with just one software purchase and then you just pay for users on it."
"It offers great ease of use. This impacts not only the end-user experience but also the administrator's, which affects the total cost of ownership."
"The tool is stable."
"The most valuable features are around consolidations, eliminations, conversions."
"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."
"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."
"Currently, they only support one browser, and it would be good if you could use it on Chrome, Firefox, etc. It is a little frustrating that you can only use a certain Microsoft browser. They're pretty tightly aligned with Microsoft. So, I can see the reasons for it."
"We should be able to download the data in the same format we upload it."
"AI is where I see the most innovation and progress, but it's not fully developed yet."
"If there could be data integration between HFM and the accounting software that would be ideal."
"It's a difficult process to try to edit, configure, or change the business rules that exist and work within HFM."
"Integration is an area where it lacks and can be improved."
"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."
"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."
OneStream XF is ranked 10th in Business Performance Management with 3 reviews while Oracle HFM is ranked 7th in Business Performance Management with 14 reviews. OneStream XF is rated 10.0, while Oracle HFM is rated 8.0. The top reviewer of OneStream XF writes "Easy-to-setup product with efficient data integration". On the other hand, the top reviewer of Oracle HFM writes "Offers flexibility and ease of configuration". OneStream XF is most compared with Oracle Hyperion, Anaplan, IBM Planning Analytics, BlackLine and CCH Tagetik, whereas Oracle HFM is most compared with Oracle Planning and Budgeting Cloud, Oracle Hyperion, CCH Tagetik, Microsoft Power BI and Anaplan. See our OneStream XF vs. Oracle HFM report.
See our list of best Business Performance Management vendors.
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