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Oracle Enterprise Performance Management Cloud vs Planful 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

Oracle Enterprise Performan...
Ranking in Financial Close Software
5th
Average Rating
7.6
Reviews Sentiment
6.4
Number of Reviews
6
Ranking in other categories
Financial Performance and Strategy Management (5th), Tax Management Software (2nd)
Planful
Ranking in Financial Close Software
18th
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
2
Ranking in other categories
Business Performance Management (16th)
 

Mindshare comparison

As of July 2026, in the Financial Close Software category, the mindshare of Oracle Enterprise Performance Management Cloud is 4.9%, down from 6.1% compared to the previous year. The mindshare of Planful is 3.8%, up from 1.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Financial Close Software Mindshare Distribution
ProductMindshare (%)
Oracle Enterprise Performance Management Cloud4.9%
Planful3.8%
Other91.3%
Financial Close Software
 

Featured Reviews

Thanh_Nguyen - PeerSpot reviewer
Solution Consultant at IERP JSC
Has supported effective budget planning but needs better data management and performance improvements
The problem with Oracle Enterprise Performance Management Cloud is that they use Essbase, causing the volume of data to increase rapidly. My customer has been using it for five years, and the database has increased to two or three terabytes, which is too big. Oracle has a limit on the database for each customer, notifying that the maximum is only three terabytes, requiring me to back it up elsewhere. The use of Essbase results in rapid database growth, which is an issue I think Oracle needs to improve. While the functions in Oracle Enterprise Performance Management Cloud are good, when I create formulas in the dimensions and refresh the data after making new dimensions, elements, or formulas, it takes a long time. I think this performance issue might be due to the large dataset, but since the system is on the cloud, the performance is still poor.
reviewer1110591 - PeerSpot reviewer
Financial Planning & Analysis - Finance Manager at a engineering company with 501-1,000 employees
It has helped us speed up the turnaround time on our consolidation, and we haven't had anything come up that the program has not been able to solve
The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools. The application that we use today for our BI tools is Tableau. That's how people absorb information. We don't really use the functionality or dashboards within Planful because of the robustness of Tableau. That's our single source of data. If Planful was better or more comparable in terms of features and functionality, we could probably leverage that in Planful.

Quotes from Members

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

Pros

"If you go in with that mindset and resource it properly, it's genuinely transformative for a finance function."
"The best features of Oracle Enterprise Performance Management Cloud are that it is customizable, allowing me to filter it really well to know exactly what I want."
"The solution offers well-integrated and dynamic platforms for all disciplines of enterprise performance management."
"Purchasing this product indeed is a value addition; it's not going to be a bomb, it's not going to add any kind of liability, and it will have quite a positive impact on a company."
"The initial setup is pretty straightforward."
"Oracle Enterprise Performance Management Cloud has impacted my organization by making everything clearer and more centralized."
"Technical support is okay, and I find the technical support from Oracle to be good."
"It has helped us speed up the turnaround time on our consolidation. We don't have to do reporting in Excel anymore, which has cut down on the errors and the efficiency of our close time."
"Planful has probably cut our time in half, given that we can now leverage the cloud-based services to interact with our subs for getting their forecast inputs."
"I believe the ROI is very high."
 

Cons

"Using Oracle Enterprise Performance Management Cloud has changed how my team works together and collaborates, though sometimes the interface feels unintuitive."
"Oracle Enterprise Performance Management Cloud is definitely pretty old school and not as intuitive or user-friendly."
"On the cloud, additional security is required."
"The customer support for Oracle Enterprise Performance Management Cloud has been somewhat inconsistent. For critical issues, the response is reasonably fast; however, for more complex configuration questions, we often get passed around before finding someone who really understands the product deeply."
"The problem with Oracle Enterprise Performance Management Cloud is that they use Essbase, causing the volume of data to increase rapidly."
"Integration of AI, IoT, and RPA-based automation and prediction features with the solution will be a great plus. Oracle is continuously investing efforts in this direction and new features are being released on a continuous basis."
"Some of the behind the scenes processing for the simulation engines has a learning curve to use in that there are certain changes that need to happen for the reporting to be "Live"."
"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results."
"The part that we liked about Excel is that it had a better interface in terms of just graphical illustration of our results. So, if we wanted to look at our financial trends and put it into some type of graphical interface for people to look at, we still have to leverage Excel for that. The dashboards aren't as usable as maybe some of the other solutions, such as Tableau or other BI tools."
 

Pricing and Cost Advice

"Its licensing covers support and maintenance infrastructure as well."
"Right now, everything is on a three-year term contract, and that is our main cost."
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Top Industries

By visitors reading reviews
Financial Services Firm
22%
Comms Service Provider
9%
Construction Company
8%
Manufacturing Company
8%
Computer Software Company
14%
Construction Company
11%
Financial Services Firm
9%
Manufacturing Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business3
Midsize Enterprise1
Large Enterprise3
No data available
 

Questions from the Community

What is your experience regarding pricing and costs for Oracle Enterprise Performance Management Cloud?
My experience with pricing, setup cost, and licensing for Oracle Enterprise Performance Management Cloud is that it's not cheap. The licensing is subscription-based and scales with the number of us...
What needs improvement with Oracle Enterprise Performance Management Cloud?
Using Oracle Enterprise Performance Management Cloud has changed how my team works together and collaborates, though sometimes the interface feels unintuitive. I do not wish Oracle Enterprise Perfo...
What is your primary use case for Oracle Enterprise Performance Management Cloud?
My main use case for Oracle Enterprise Performance Management Cloud includes learning resources, user cards, and various other functionalities. The company handles forecasting, strategic modeling, ...
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Also Known As

Oracle EPM Cloud
Host Analytics
 

Overview

 

Sample Customers

Eindhoven University of Technology, HES-SO University of Applied Sciences and Arts Western Switzerland, NetCologne, Kolos Cement Limited
Tandem Diabetes Care, Reed Exhibitions, SkyGolf, Zep Inc., Thule, Stylesight, Schumacher Group, Parsons Electric, Nextag, Groupon
Find out what your peers are saying about Oracle Enterprise Performance Management Cloud vs. Planful and other solutions. Updated: June 2026.
902,894 professionals have used our research since 2012.